Edgewell Personal Care Company (EPC) Misses Q3 EPS by 12c, Lifts FY EPS Guidance

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Edgewell Personal Care Announces Third Quarter Fiscal 2016 Results and Updates Fiscal Year 2016 Financial Outlook

August 2, 2016 6:00 AM EDT

ST. LOUIS, Aug. 2, 2016 /PRNewswire/ -- Edgewell Personal Care Company (NYSE: EPC) today announced results for its third fiscal quarter, which ended June 30, 2016.

Executive Summary

Net sales decreased 4.1% in the quarter and 5.9% year to date.  Organic net sales decreased 2.2% in the quarter and 0.9% year to date.  Excluding the estimated impact of international go-to-market changes, underlying net sales would have decreased by 0.7% in the quarter and increased by 0.9% year to date. Net earnings were $36.7 million for the quarter and $126.5 million... More