By Chris Wack
Edgewell Personal Care shares were 6% lower, at $19.54, after the company posted a wider first-quarter loss and cut its guidance for the current fiscal year.
The company reported before the open on Monday a quarterly loss of $65.7 million, or $1.41 a share, compared with a loss of $2.1 million, or 4 cents a share, in the same quarter last year.
Sales for the quarter were $422.8 million, missing the $478.2 million analysts were expecting, according to FactSet.
Adjusted earnings was 3 cents a share, compared with a loss of 16 cents that analysts had forecast.
Edgewell said organic sales growth in North America was 0.7%, driven by volume growth in Sun Care and Grooming, partially offset by lower volumes and unfavorable pricing in Wet Shave and Skin Care. Organic sales in international markets declined 1.6%, largely driven by volume declines in Sun Care and Wet Shave.
The company is expecting current fiscal year earnings of 55 cents to 95 cents a share, down from $1.10 to $1.50 a share previously. Analysts are forecasting earnings of $1.83 a share. That guidance includes restructuring and related costs, Sun Care reformulation, and other costs.
Edgewell said it is expecting adjusted earnings of $1.70 to $2.10 per share, down from its previous forecast of $2.15 to $2.55 a share. The cut reflects a 44 cent per-share reduction from classifying its Feminine Care business as discontinued operations. Analysts are expecting adjusted earnings of $2.34 a share for 2026.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
February 09, 2026 13:58 ET (18:58 GMT)
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