BUZZ-Sunscreen maker Edgewell plunges on annual forecast cuts

Reuters
05-07
BUZZ-Sunscreen maker Edgewell plunges on annual forecast cuts

** Shares of sunscreen maker Edgewell Personal Care EPC.N down ~10% at $26.98 premarket

** Co expects fiscal 2025 organic net sales growth to be flat to 1% vs prior forecast of 1% to 3% rise

** Sees adjusted earnings per share in the range of $2.09 to $2.29 vs previous expectations of $2.54 to $2.74

** Co says outlook includes impact of tariffs and outlines actions to streamline operations, improve efficiency, and restructure, including changes in Mexico

** Expects to incur pre-tax charges of about $33 million for FY25

** Posts Q2 net sales of $580.7 million vs analysts' estimates of $590.8 million, as per data compiled by LSEG

** Logs adjusted profit of 87 cents per share vs estimates of 90 cents

** Up to last close, stock down 10.7% YTD

(Reporting by Anuja Bharat Mistry in Bengaluru)

((AnujaBharat.Mistry@thomsonreuters.com))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10