Shares of Edgewell Personal Care (EPC) plummeted 5.17% in Tuesday's intraday trading following the release of disappointing fiscal 2025 financial results. The personal care products company reported a staggering 74.2% drop in net earnings, signaling significant challenges in its business operations.
According to the company's report, net earnings for fiscal 2025 fell to $25.4 million, a decrease of $73.2 million compared to the previous year. The adjusted net earnings also declined by 21.3% to $120.4 million. This financial setback was reflected in the company's earnings per share, with diluted net earnings per share dropping to $0.53 from $1.97 in the prior year, while adjusted diluted net earnings per share decreased to $2.52 from $3.05.
The company's performance was further marred by a 1.3% decline in net sales. While international markets showed a 3.5% organic growth due to higher volumes and increased pricing, North America experienced a 4.4% decline. This decrease was primarily attributed to lower volumes in Wet Shave, Feminine Care, and Sun Care products, although partially offset by growth in Skin Care and Grooming segments. The sharp stock price drop reflects investor concerns about Edgewell's ability to navigate current market challenges and restore growth in its core North American market.