Paul Hibbert, the Chief Supply Chain Officer at Edgewell Personal Care Co (NYSE:), recently sold 4,402 shares of the company’s common stock. The shares were sold on December 9th at an average price of $37.5447, with actual prices ranging from $37.51 to $37.56. According to InvestingPro data, the stock currently trades at $36.08, suggesting a slight decline since the transaction. The total value of the transaction amounted to approximately $165,266. Following this sale, Hibbert retains ownership of 38,894.693 shares in the company. Edgewell Personal Care, with a market capitalization of $1.76 billion, is known for its range of personal care products and is headquartered in Shelton, Connecticut. InvestingPro analysis indicates the company maintains strong financial health with a “Good” overall score, while showing promising metrics including a solid current ratio of 1.66 and robust free cash flow yield. InvestingPro subscribers can access additional insights and a comprehensive Pro Research Report covering this and 1,400+ other US stocks.
In other recent news, Edgewell Personal Care Company reported its fiscal year 2024 earnings, highlighting both achievements and challenges. The company experienced slight organic net sales growth, improved adjusted gross margins, and double-digit adjusted earnings per share growth at constant currency for the second consecutive year. However, organic net sales dipped by 2.8% in the fourth quarter due to weaker performance in North America’s Wet Shave and Fem Care categories.
In contrast, international markets, particularly in Greater China and distributor markets, demonstrated over 7% growth. The company anticipates low single-digit organic top-line growth for fiscal 2025, and plans to strengthen its U.S. shave and fem care categories alongside enhancing innovation and operational efficiency.
Adjusted EPS is projected between $3.15 to $3.35 for fiscal 2025, indicating a 7% increase year-over-year at the midpoint. Despite some bearish indicators such as a decrease in North American sales by 6%, Edgewell remains optimistic about its strong innovation pipeline and brand performance. These are the recent developments for Edgewell Personal Care Company.
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