Edgewell Personal Care Company (EPC) Terminates Merger with Harry's Following Lawsuit by FTC to Block Deal; Will 'Pursue Standalone Value Creation Strategy'

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Go back to Edgewell Personal Care Company (EPC) Terminates Merger with Harry's Following Lawsuit by FTC to Block Deal; Will 'Pursue Standalone Value Creation Strategy'

Edgewell Personal Care Company (EPC) Tops Q1 EPS by 26c, Revenues Beat; Lowers FY20 EPS Guidance

February 10, 2020 6:23 AM EST

Edgewell Personal Care Company (NYSE: EPC) reported Q1 EPS of $0.55, $0.26 better than the analyst estimate of $0.29. Revenue for the quarter came in at $454 million versus the consensus estimate of $445.94 million.

Executive Summary

Net sales were $454.0 million in the first quarter of fiscal 2020, a decrease of 0.7% when compared to the prior year period. Organic net sales were consistent with the prior year period (Organic basis excludes the sales impact from the sale of the Infant and Pet Care business and the translational benefit from currency.)GAAP Diluted Earnings Per Share... More