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Edgewell Personal Care Company (EPC) investor relations material
Edgewell Personal Care Company Morgan Stanley Global Consumer & Retail Conference 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Strategic organizational changes and priorities
Transitioned to a regional hub model and streamlined North America from five to two business units, with new leadership and talent upgrades.
Divested Fem Care business, focusing resources on core global categories: shave, grooming, sun, and skincare.
Consolidated four shave manufacturing sites into one mega site with over $100 million investment.
Top priorities are winning in shave globally, especially in the U.S., and expanding sun care and grooming internationally.
Execution of these strategies is expected to show results in fiscal 2026.
Market environment and category performance
Global and U.S. category growth rates are steady at 1.5–2.5%, with resilient consumer demand.
Elevated promotional activity, especially in women’s shave and Fem Care, is expected to persist into 2026.
Private label share in shave remains stable, with no significant gains.
Lower middle-income consumers are more value-seeking, impacting category dynamics.
Fem Care divestiture and capital allocation
Sold Fem Care for $340 million at a premium, removing a growth- and margin-dilutive, capital-intensive asset.
Proceeds will primarily be used to pay down debt and strengthen the balance sheet.
Share repurchases have totaled $90 million in fiscal 2025, with M&A considered but subject to high value-creation thresholds.
Stranded costs from the divestiture will be addressed over the next year, with accretive impact expected by fiscal 2027.
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