BUZZ-Edgewell falls after downbeat quarterly results

Reuters
02-10
BUZZ-Edgewell falls after downbeat quarterly results

** Shares of sunscreen-maker Edgewell Personal Care EPC.N down 5.7% at $29.80 premarket

** Co reports Q1 sales decline of 2.1% to $478.4 million, below estimates of $480.1 million- data compiled by LSEG

** Says sales were impacted by lower volumes and lower prices, along with unfavorable currency impacts

** Q1 adjusted EPS of 7 cents also missed estimates of 12 cents, on higher promotion levels and currency impact

** Co also sees annual adjusted EPS at lower end of previous forecast of $3.15 to $3.35 on anticipated negative foreign currency changes, maintains annual sales forecast

** Co says forecast does not reflect potential impact from U.S. retaliatory tariffs

** EPC fell 8.3% in 2024

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com;))

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