Overview
* Edgewell Q3 fiscal net sales down 3.2%, missing analysts' expectations
* Adjusted EPS for Q3 fiscal 2025 misses consensus, per LSEG data
* Co cites weak Sun Care season, currency impacts for performance
Outlook
* Edgewell expects organic net sales to decrease 1.3% in fiscal 2025
* Company projects GAAP EPS to be approximately $1.73 for fiscal 2025
* Edgewell anticipates adjusted EPS of $2.65, down from previous $2.85-$3.05
* Currency now expected to positively impact reported net sales by 10 basis points
Result Drivers
* SUN CARE SEASON - Weak Sun Care season in North America and Latin America significantly impacted results, per CEO Rod Little
* CURRENCY IMPACT - Negative currency movements contributed to profit headwinds
* PROMOTIONAL LEVELS - Increased promotional activities and volume declines in North America hit organic net sales
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Sales Miss $627.20 $656.40
mln mln (6
Analysts
)
Q3 Miss $0.92 $1 (8
Adjusted Analysts
EPS )
Q3 Miss $43.40 $47.70
Adjusted mln mln (6
Net Analysts
Income )
Q3 Miss $96.40 $103 mln
Adjusted mln (5
EBITDA Analysts
)
Q3 Miss $75.10 $80.80
Adjusted mln mln (6
Operatin Analysts
g Income )
Q3 Gross $268.50
Profit mln
Analyst Coverage
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"
* The average consensus recommendation for the personal products peer group is "hold"
* Wall Street's median 12-month price target for Edgewell Personal Care Co ( EPC ) is $33.50, about 25.4% above its August 4 closing price of $25.00
* The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 9 three months ago
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)