Edgewell Personal Care (EPC) stock plummeted 8.23% in pre-market trading on Monday, following the release of its fiscal first-quarter 2025 results that fell short of expectations. The personal care products company reported lower-than-anticipated sales and earnings, citing unfavorable currency impacts and elevated promotional spending.
For the quarter ended December 31, 2024, Edgewell posted net sales of $478.4 million, a 2.1% year-over-year decrease and below the consensus estimate of $480.1 million. The sales decline was attributed to lower volumes, lower pricing due to increased promotional levels, and an adverse impact from currency movements.
Adjusted earnings per share (EPS) came in at $0.07, significantly missing analysts' expectations of $0.12. The company cited higher promotional expenses and currency headwinds as the primary factors weighing on its bottom line.
Looking ahead, Edgewell expects its full-year adjusted EPS to come in towards the lower end of its previously provided range of $3.15 to $3.35. The company cited greater-than-anticipated negative foreign currency changes as the reason for the downward revision, reflecting the strengthening U.S. dollar's impact on its international operations.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.