EPC - Edgewell Non-GAAP EPS of $0.56 beats by $0.21 revenue of $598.4M beats by $28.56M

2023-05-09 06:04:29 ET

• Edgewell press release ( NYSE: EPC ): Q2 Non-GAAP EPS of $0.56 beats by $0.21 .
• Revenue of $598.4M (+9.3% Y/Y) beats by $28.56M .
• Organic net sales increased 11.4%.
• Ended the second fiscal quarter with $155.2 million in cash on hand, access to an additional $243.1 million revolving credit facility and a net debt leverage ratio of 3.8x.
• Returned $22.8 million to shareholders in the form of $15.0 million in share repurchases and $7.8 million of dividends in the second fiscal quarter.
• Board of Directors declared a cash dividend of $0.15 per common share on May 8, 2023 for the second fiscal quarter.
• Increased the fiscal 2023 outlook for organic net sales growth to the high end of the previously provided range and maintained outlook range for Adjusted EPS and EBITDA.

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