Edgewell corrects FY2022 FCF guidance from non-GAAP to GAAP basis; Q1 net sales +2.7%

EDGEWELL PERSONAL CARE Co

Amendment corrects prior FCF outlook: now expects FCF to be 100% of GAAP net earnings, not non-GAAP.
Q1 net sales $463.3M (+2.7% YoY); organic net sales +2.5%.
GAAP diluted EPS $0.20 (vs $0.32 prior yr); adjusted EPS $0.42 (vs $0.43).
Ended Q1 with $240M cash; net debt leverage 3.3x; declared $0.15 quarterly dividend.
Updated FY2022 outlook includes impact of Billie acquisition.

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