Jefferies Raises Price Target on Edgewell Personal Care Company (EPC) Following Strong 4Q and Guidance
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Edgewell Personal Care Announces Fourth Quarter and Fiscal 2016 Results and Provides Fiscal Year 2017 Financial Outlook
November 10, 2016 6:00 AM ESTST. LOUIS, Nov. 10, 2016 /PRNewswire/ -- Edgewell Personal Care Company (NYSE: EPC) today announced results for its full year and fourth fiscal quarter, which ended September 30, 2016.
Executive Summary
Net sales increased 9.0% in the quarter and decreased 2.4% for the full year. Organic net sales increased 9.2% in the quarter and 1.4% for the full year. Excluding the estimated impact of international go-to-market changes, full year underlying net sales would have increased by 2.8%. Net earnings were $52.2 million for the quarter and $178.7 million for the... More