Create Account
Log In
Dark
chart
exchange
Premium
Terminal
Screener
Stocks
Crypto
Forex
Trends
Depth
Close
Check out our Dark Pool Levels


Edgewell Personal Care Raises FY21 Adj. EP Guidance From $1.80-$2.00 To $2.00-$2.10 vs $2.77 Est.


Benzinga | Aug 5, 2021 06:12AM EDT

Edgewell Personal Care Raises FY21 Adj. EP Guidance From $1.80-$2.00 To $2.00-$2.10 vs $2.77 Est.

Full Fiscal Year 2021 Financial Outlook

The Company is updating its previously provided outlook assumptions for fiscal 2021:

* Reported net sales to increase mid-single digits Includes: 160 basis-point net benefit from the Cremo acquisition and the Infant and Pet Care divestiture and a 190 basis-point benefit from currency translation

* Organic sales to increase low-single digits

* Adjusted operating profit margin to be consistent with fiscal 2020 Project Fuel costs of approximately $25 million (previously $25 to $30 million) Project Fuel Gross Savings of approximately $70 million (previously $50 to $60 million)

* GAAP EPS in the range of $2.00 to $2.10 (Previously $1.80 to $2.00) Includes: Project Fuel restructuring charges, cost of early retirement of long-term debt, IT enablement costs, the UK tax rate increase, acquisition and integration costs

* Adjusted EPS in the range of $2.80 to $2.90 (previously $2.62 to $2.82)

* Adjusted EBITDA in the range of $358 to $366 million (previously $345 to $360 million)

* Adjusted effective tax rate in the range of 23.5% to 24.5%

* Capital expenditures of approximately 3.0% of net sales

* Free cash flow expected to be approximately 100% of non-GAAP net earnings







Share
About
Pricing
Policies
Markets
API
Info
tz UTC-4
Connect with us
ChartExchange Email
ChartExchange on Discord
ChartExchange on X
ChartExchange on Reddit
ChartExchange on GitHub
ChartExchange on YouTube
© 2020 - 2025 ChartExchange LLC