Edgewell Personal Care Company (NYSE:EPC) reported stronger-than-expected results for the first quarter of fiscal 2026 on Monday, with both adjusted earnings and revenue beating market forecasts as the company completed the sale of its Feminine Care unit.
Shares were flat in after-hours trading following the announcement.
For the quarter ended December 31, 2025, the personal care group posted adjusted earnings of $0.03 per share, well ahead of analysts’ expectations for a loss of $0.17 per share. Revenue totaled $486.8 million, topping the $476.49 million consensus estimate and rising 1.8% from the same period a year earlier.
“We delivered a solid start to fiscal 2026. Our first quarter performance modestly exceeded our expectations for organic net sales, adjusted EPS and adjusted EBITDA,” said Rod Little, President and Chief Executive Officer of Edgewell.
During the quarter, the company completed the divestiture of its Feminine Care business for $340 million, a transaction management described as “a pivotal milestone in our transformation journey” that improves focus and bolsters the balance sheet.
On a continuing-operations basis, excluding the divested business, net sales increased 1.9% to $422.8 million.
In North America, organic sales rose 0.7%, supported by volume growth in Sun Care and Grooming. This was partly offset by lower volumes and less favorable pricing in the Wet Shave and Skin Care categories.
Looking ahead, Edgewell guided for adjusted earnings per share of $1.70 to $2.10 in fiscal 2026, below the analyst consensus estimate of $2.34. The company reaffirmed its prior outlook for sales, adjusted EBITDA and free cash flow from continuing operations, adjusted to reflect the impact of the divestiture.
“Moving forward, as a more focused and agile company with a streamlined portfolio, we believe we are well-positioned to drive sustainable growth and create long-term shareholder value,” Little added.
The board also declared a quarterly cash dividend of $0.15 per share, payable on April 8, 2026, to shareholders on record as of March 6, 2026.