Edgewell Q2 net sales +5.5%, but adjusted EPS falls to $0.50; lowers FY2022 outlook on inflation

EDGEWELL PERSONAL CARE Co

2022-Q2 EPS reported $0.63 revenue$1,011,000,000

GAAP diluted EPS of $0.43 vs $0.26 prior year; adjusted EPS of $0.50 vs $0.70 prior year.
Organic net sales growth of 2.1%; total net sales $547.7M, up 5.5% including Billie acquisition.
Company raises organic sales outlook but lowers adjusted EPS and EBITDA guidance due to inflationary pressure.
Board declared $0.15 per share quarterly dividend; repurchased $51M of stock in Q2.
Ended quarter with $188M cash; net debt leverage ratio of 3.6x.

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