Edgewell Personal Care Company · NYSE:EPC
Edgewell Personal Care — Goldman Sachs Global Staples Forum 2023
15 slides from Edgewell Personal Care's conference presentation, May 16, 2023
Slide 1: Edgewell Personal Care
Edgewell Personal Care Goldman Sachs Global Staples Forum May 16, 2023 Page 1 BOS 20201120 EPC investor day mate ...
Slide 2: Today's Speakers
Today’s Speakers Dan Sullivan Chief Financial Officer, President – Europe and LATAM Page 2 BOS 20201120 EPC investor day mate ...
Slide 3: Forward-looking statements
Forward-looking statements Please note that in this presentation we may discuss events or results that have not yet occurred or been realized, commonly referred to as forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statement
Slide 4: Non-GAAP financial measures
Non-GAAP financial measures While the Company reports financial results in accordance with accounting principles generally accepted in the U.S. ("GAAP"), this discussion also includes non-GAAP measures. These non-GAAP measures are referred to as "adjusted" or "organic" and exclude items such as rest
Slide 5: Edgewell's Transformation Announced in November 2020
Edgewell’s Transformation Announced in November 2020 • PAGE 5
Slide 6: Built Around a Diversified Portfolio of Brands
Built Around a Diversified Portfolio of Brands…. Leading Share Positions in Strong Brands in Recovering Growing Categories Categories Page 6 BOS 20201120 EPC investor day mate ...
Slide 7: With Strong Underlying Business Fundamentals
With Strong Underlying Business Fundamentals…. Relentless Strong Gross Cost Margin Management Profile Strong Cash Balanced Flow Capital Generation Allocation Page 7 BOS 20201120 EPC investor day mate ...
Slide 8: And a Clear Long-Term Financial Algorithm
And a Clear Long-Term Financial Algorithm Leveraging clear Right to Win portfolio 2% - 3% Disciplined, prioritized investment cadence Organic Net Sales growth Consumer centric innovation at the core Strengthened gross margin profile 4% - 6% Next level cost reduction Adjusted EBITDA growth Investment
Slide 9: Sustained Topline Growth and Strong Underlying Performance
Sustained Topline Growth and Strong Underlying Performance • PAGE 9
Slide 10: Organic Net Sales Progression – Consistent Topline Growth
Organic Net Sales Progression – Consistent Topline Growth 2019 - 2020 2021 – 2023(e) MSD YOY ~4.5% Declines Annual Growth • Disruption in US Wet Shave • Successful portfolio shift with category growth-oriented acquisitions • Declining consumption in core • Categories return to underlying Shave and F
Slide 11: Fiscal Half 2023: Key Business and Financial Successes
Fiscal Half 1 2023: Key Business and Financial Successes 7.6% 16%+ +270bps Adj. EPS Growth Organic Sales Growth Gross Margin Benefit From Price @ constant currency +13.2% growth rate for Right to Win Pricing contribution to Gross Margin GAAP EPS $0.60, Adj EPS $0.87 to help mitigate macro inflationa
Slide 12: 2023 Outlook: Strong Underlying Fundamentals
2023 Outlook : Strong Underlying Fundamentals (1) • Organic Net Sales Growth ~5%, With Growth in All Segments – Three-year (+4.5%) Stacked Growth, Evidence of Durable and Delivering Growth on Sustainable Growth Profile Growth – Growth Across Right to Win (MSD) and Right to Play (LSD) Portfolios • Ad
Slide 13: Key Takeaways for Today
Key Takeaways for Today: • A clear and compelling portfolio strategy is driving sustained topline growth, with clear proof points of demonstrated progress on our transformation; • Navigating the challenging macro cost environment through both cost-saving, productivity efforts, and improved commercia
Slide 14: Appendix
Appendix • PAGE 14
Slide 15: Fiscal Year 2023 Outlook
Fiscal Year 2023 Outlook FY ‘23 @ FY ‘23 Outlook (1) Constant Currency Long Term Algorithm (4) 2% to 4% (High End) Reported Net Sales growth Organic Growth in all Segments 2%-3% 3% to 5% (High End) Organic Net Sales growth Organic Net Sales growth Gross Margin Expansion +30bps flat 9% 4%-6% Adju
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