Edgewell Personal Care Company (EPC) Tops Q2 EPS by 13c

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Edgewell Personal Care Announces Second Quarter Fiscal 2019 Results

May 9, 2019 6:01 AM EDT

SHELTON, Conn., May 9, 2019 /PRNewswire/ -- Edgewell Personal Care Company (NYSE: EPC) today announced results for its second fiscal quarter ending March 31, 2019.

Executive Summary

Net sales were $546.7 million in the second quarter of fiscal 2019, a decrease of 10.1% when compared to the prior year quarter. Organic net sales were down 8.9% for the quarter. (Organic basis excludes sales impact from the Jack Black acquisition and the translational impact from currency movements.) GAAP Diluted Earnings Per Share ("EPS") were $0.89 for the second quarter, including an... More

Edgewell Personal Care to Combine with Harry's, Inc. to Create a Next-Generation Consumer Products Platform

May 9, 2019 6:00 AM EDT

SHELTON, Conn. and NEW YORK, May 9, 2019 /PRNewswire/ -- Edgewell Personal Care Company (NYSE: EPC) and Harry's, Inc. today announced that they have entered into a definitive agreement under which Edgewell will combine with Harry's in a cash and stock transaction that values Harry's at $1.37 billion. The combination of Edgewell and Harry's brings together complementary capabilities to create a next-generation consumer products platform with an expansive runway for accelerated topline growth and enhanced value creation.

Together, Edgewell and Harry's will create a platform that enables building and scaling the next... More