Edgewell Accelerates Organic Growth and Lifts Adjusted Profit

The Tip Desk · November 12, 2026 · 3 min read

Fourth-quarter net sales were $484.1 million, up 3.0%, as adjusted EPS rose 50.0% to $0.78.

Edgewell Personal Care Company (EPC) reported fourth-quarter net sales of $484.1 million, up 3.0% from a year earlier, with organic sales growth accelerating to 3.1% after 1.1% in the third quarter and a 2.4% decline in the second quarter.

The consumer-products company said the pickup was broad-based, with North America continuing to expand and International returning to growth. North America organic sales rose 3.3%, which the company attributed to Grooming and Wet Shave, improved execution and increased distribution. International organic sales increased 3.0% after a 1.4% decline in the third quarter, which had reflected Middle East disruption and Wet Shave manufacturing consolidation.

GAAP diluted earnings from continuing operations were $0.23 a share, compared with $0.26 a year earlier. Adjusted EPS were $0.78, up 50.0% from $0.52. Adjusted EBITDA was $76.8 million, including a $6.3 million favorable currency impact, versus $43.0 million.

Gross profit was $209.6 million. GAAP gross margin rose 320 basis points to 43.3%. Adjusted gross margin expanded 510 basis points to 45.7%, reversing a 30-basis-point decline in the third quarter. The company said the adjusted-margin gain came from productivity savings, volume absorption, currency and the lapping of transitory costs, partly offset by inflation net of tariffs and mix.

Advertising and sales promotion expense was $56.1 million, or 11.6% of net sales, up from $45.9 million, or 9.8%, as the company increased media support behind focus brands. Adjusted SG&A fell to 20.6% of sales from 21.9%. Pre-tax restructuring and related costs were $29.9 million. GAAP operating income was $16.9 million, or 3.5% of sales. Adjusted operating income was $51.1 million, or 10.6% of sales, compared with $27.7 million, or 5.9%, a year earlier.

Sun and Skin Care net sales increased 10.3 million dollars, or 7.0%. Organic sales rose 6.5% on global Grooming, partly offset by North America Sun Care and Skin Care declines. Organic segment profit increased 13.9 million dollars, or 278.0%. Wet Shave net sales rose 3.9 million dollars, or 1.2%. Organic sales increased 1.6% as branded growth more than offset lower Private Label tied to temporary supply constraints. Organic segment profit rose 4.8%.

For the full fiscal year ended September 30, 2026, net sales were $1,996.5 million, up 1.8%, with organic sales up 0.3%. GAAP EPS from continuing operations were a loss of $0.05 a share, versus $0.93 a year earlier. Adjusted EPS were $1.93. The company recorded $101.8 million of pre-tax restructuring costs for the year, including $80.0 million related to Mexico facility and Wet Shave consolidation. Adjusted EBITDA was $254.5 million.

Cash on hand was $375.6 million at quarter-end, plus $418.8 million of U.S. revolving-credit capacity. Adjusted net debt leverage was 3.4 times. The board declared a $0.15 quarterly dividend. About $85 million remained under the 2025 share-repurchase authorization.

For fiscal 2027, Edgewell expects reported net sales to rise about 0.4% to 2.4%, including an estimated 60-basis-point currency drag, and organic net sales to increase about 1.0% to 3.0%. Adjusted EPS are expected at $1.85 to $2.15 and adjusted EBITDA at $250 million to $270 million. Adjusted operating margin is expected to increase about 70 basis points. The company said it expects about $55 million of pre-tax charges from global transformation actions, including further Wet Shave consolidation.