EPC - Edgewell Personal Care Company (EPC) Q1 2024 Earnings Call Transcript

2024-02-07 16:09:11 ET

Edgewell Personal Care Company (EPC)

Q1 2024 Earnings Conference Call

February 07, 2024, 08:00 AM ET

Company Participants

Chris Gough - VP-IR

Rod Little - President and CEO

Dan Sullivan - CFO

Conference Call Participants

Nik Modi - RBC Capital Markets

Olivia Tong - Raymond James

Bill Chappell - Truist Securities

Chris Carey - Wells Fargo Securities

Susan Anderson - Canaccord Genuity

Peter Grom - UBS

Presentation

Operator

Good morning, and welcome to Edgewell Personal Care First Quarter 2024 Earnings Call. [Operator Instructions]

I would now like to turn the conference over to Chris Gough. Please go ahead.

Chris Gough

Good morning, everyone, and thank you for joining us this morning for Edgewell's first quarter fiscal year 2024 earnings call. With me this morning are Rod Little, our President and Chief Executive Officer; and Dan Sullivan, our Chief Financial Officer. Rod will kick off the call and then hand it over to Dan to discuss our results and full year fiscal 2024 outlook before we transition to Q&A. This call is being recorded and will be available for replay via our website, www.edgewell.com. During the call, we may make statements about our expectations for future plans and performance.

This might include future sales, earnings, advertising and promotional spending, product launches, savings and costs related to restructuring and repositioning actions, acquisitions and integrations, changes to our working capital metrics, currency fluctuations, commodity costs, category value, future plans for return of capital to shareholders and more. Any such statements are forward-looking statements for the purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995, which reflect our current views with respect to future events, plans or prospects. These statements are based on assumptions and are subject to various risks and uncertainties, including those described under the caption Risk Factors in our annual report on Form 10-K for the year ended September 30, 2023, as may be amended in our quarterly reports on Form 10-Q, which has been filed with the SEC. These risks may cause our actual results to be materially different from those expressed or implied by our forward-looking statements. We do not assume any obligation to update or revise any of these forward-looking statements to reflect new events or circumstances, except as required by law.

During this call, we will refer to certain non-GAAP financial measures. These non-GAAP measures are not prepared in accordance with generally accepted accounting principles. A reconciliation of the non-GAAP financial measures to the most directly comparable GAAP measures is shown in our press release issued earlier today, which is available at the Investor Relations section of our website. This non-GAAP information is provided as a supplement to, not as a substitute for or superior to measures of financial performance prepared in accordance with GAAP. However, management believes these non-GAAP measures provide investors with valuable information on the underlying trends of our business.

With that, I'd like to turn the call over to Rod.

Rod Little

Thank you, Chris. Good morning, everyone, and thanks for joining us on our fiscal '24 first quarter earnings call....

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