Reported Q: Q3 2024 Rev YoY: -0.3% EPS YoY: -3.9% Move: +5.03%
Edgewell Personal Care
EPC
$21.08 5.03%
Exchange NYSE Sector Consumer Defensive Industry Household Personal Products
Q3 2024
Published: Aug 6, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for EPC

Reported

Report Date

Aug 6, 2024

Quarter Q3 2024

Revenue

647.80M

YoY: -0.3%

EPS

0.98

YoY: -3.9%

Market Move

+5.03%

Previous quarter: Q2 2024

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Earnings Highlights

  • Revenue of $647.80M down 0.3% year-over-year
  • EPS of $0.98 decreased by 3.9% from previous year
  • Gross margin of 44.3%
  • Net income of 49.00M
  • "Rod Little: โ€œThe transformation we began just over three years ago has had a profound impact on our business and resultsโ€ฆ we are coming from a position of strength and we want to accelerate our progress from here and become truly high performing.โ€" - Rod Little
EPC
Company EPC

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Executive Summary

Edgewell Personal Care delivered a bifurcated QQ3 2024 performance characterized by resilient profitability and commitment to margin expansion, set against a modest top-line backdrop. Key takeaways include: 1) Adjusted EBITDA rose 7% year-over-year to $117.2 million, supported by 160 basis points of gross margin accretion and about 225 basis points of productivity savings, partially offset by 110 basis points of net price and strategic revenue management gains and currency headwinds (~15 bps). 2) Revenue declined modestly year-over-year (-0.34% YoY) but grew 8.1% quarter-over-quarter, with organic net sales up roughly 0.6% driven by international strength (organic growth >6%) and continued momentum in Sun Care and Grooming; North America was softer, led by Wet Shave and Feminine Care. 3) The company raised full-year guidance for adjusted EBITDA to about $356 million and adjusted EPS to about $3, reflecting confidence in gross-margin inflection and cost discipline, while signaling higher SG&A profitability investments in support of an acceleration in product innovation and commercialization. 4) Management initiated a leadership and organizational realignment to accelerate topline growth, margin accretion, and the implementation of a more disruptive, consumer-centric innovation agenda (notably the Banana Boat 360 Coverage platform) across global markets. The quarterly outcome reinforces EPCโ€™s strategy of balancing price/mix with volume growth in international markets, and signals a disciplined approach to deleveraging and capital allocation as it seeks to return toward pre-COVID gross margins and sustainable top/bottom-line expansion.โ€,โ€keyMetricsโ€œ:

Key Performance Indicators

Revenue
Decreasing
647.80M
QoQ: 8.07% | YoY: -0.34%
Gross Profit
Increasing
287.10M
44.32% margin
QoQ: 11.24% | YoY: 2.65%
Operating Income
Increasing
86.60M
QoQ: 23.54% | YoY: 1.17%
Net Income
Decreasing
49.00M
QoQ: 36.11% | YoY: -7.55%
EPS
Decreasing
0.99
QoQ: 37.50% | YoY: -3.88%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 580.70 0.60 -3.1% View
Q1 2025 478.40 -0.04 -2.2% View
Q4 2024 517.60 -1.79 -3.1% View
Q3 2024 647.80 0.98 -0.3% View
Q2 2024 599.40 0.72 +0.2% View