earnings
confidence high
sentiment positive
materiality 0.75
Edgewell Q3 net sales up 4.2% to $650M; GAAP EPS $1.01 vs $0.57, adjusted EPS $0.98 vs $0.86
EDGEWELL PERSONAL CARE Co
2023-Q3 EPS reported
$1.61
revenue$1,717,500,000
- Net sales $650M (+4.2% YoY); organic +4.5%; GAAP EPS $1.01 (+77%); adjusted EPS $0.98 (+14%).
- Meaningful gross margin accretion; FY outlook revised: organic sales slightly above mid-point, adjusted EPS at high-end.
- Board declared $0.15/share cash dividend on Aug 1, 2023; Q3 shareholder returns $22.9M ($15.2M buybacks + $7.7M dividends).
- Cash on hand $207.4M; access to $334.1M revolver; net debt leverage 3.2x.