Edgewell Personal Care Company · NYSE:EPC
Edgewell Personal Care — Morgan Stanley Global Consumer Conference 2021
18 slides from Edgewell Personal Care's conference presentation, Nov 30, 2021
Slide 1: Edgewell Personal Care – Morgan Stanley Global Consumer Conference
Edgewell Personal Care Morgan Stanley Global Consumer Conference November 30, 2021 Page 1 BOS 20201120 EPC investor day mate ...
Slide 2: 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 statemen
Slide 3: 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“, "organic" or “underlying” and exclude item
Slide 4: Today's Speakers
Today’s Speakers Rod R. Little Dan Sullivan President and Chief Chief Financial Officer Executive Officer Page 4 BOS 20201120 EPC investor da ... 1-6 v3
Slide 5: A New Strategy to unlock sustained value creation
A New Strategy to unlock sustained value creation A Compelling new Strategy….. ….driving a new Financial Algorithm Page 5 BOS 20201120 EPC investor day mate ...
Slide 6: Over the last two years, we have significantly strengthened our business model
Over the last two years, we have significantly strengthened our business model Consumer Focused Enhanced Commercial Demonstrated Cost Disciplined Capital Innovation Capabilities Reduction Management Page 6 BOS 20201120 EPC investor day mate ...
Slide 7: Key business and financial successes in FY2021
Key business and financial successes in FY2021 4% 70%+ 25% organic sales growth Of U.S. portfolio eCommerce growth +13% growth rate for Right to Win In 4Q21, percent of portfolio(value) 9% of total Company sales via and +1% for Right to Play holding or gaining market share eCommerce channels +30bps
Slide 8: A Different Company…..Guided by new Purpose, Values, Behaviors
A Different Company…..Guided by new Purpose, Values, Behaviors 1 Sustainability is core to our business model 2 Diversity, Equity, and Inclusiveness (DEI) is a Strength 3 Employee Wellness and Development is a Priority Announced Sustainable Advanced focus on DEI to “People First” attitude Care 2030
Slide 9: Over-delivering on expectations in 2021
Over-delivering on expectations in 2021 Algorithm Fiscal 2021 (1) Organic topline growth at the top 2% - 3% 3.7% end of our long-term range Organic Net Sales growth Organic Net Sales growth • Strong gross margin results Strong gross margin delivery • Step-up commercial (+30bps) despite macro challen
Slide 10: Commercial Strengths for 2022
Commercial Strengths for 2022 Strong Innovation and Product Improved Distribution Development Pipeline in 2022 Outcomes on Shelf Page 10 BOS 20201120 EPC investor day mate ...
Slide 11: Expected strong performance in FY22
Expected strong performance in FY22 Fiscal 2022 Algorithm Outlook (1)(2) 2% - 3% ~3% Sustained topline growth across all Organic Net Sales growth Organic Net Sales growth segments and geographies • Increased A&P Spending ($) Maintaining investment stance while • Accelerating productivity and absorbi
Slide 12: Balanced, Disciplined Capital Allocation
Balanced, Disciplined Capital Allocation Investing in our brands and growth Invest for growth opportunities, accretive M&A, capex for innovation and productivity Return of cash to shareholders ~20% Dividend Payout Ratio Improve capital return through the initiation of a dividend $300M Systemic Share
Slide 13: An Exciting Acquisition….
An Exciting Acquisition…. Page 13 BOS 20201120 EPC investor day mate ...
Slide 14: Transaction Overview
Transaction Overview Edgewell acquires Billie in an all-cash transaction with a purchase price of $310 million – ~3.5x revenue multiple – Simultaneous sign and close Billie generated net revenue of approximately $90 million over the 12 months ended September 30, 2021, with a compounded annual growth
Slide 15: Omnichannel Strategy in 2022
Omnichannel Strategy in 2022 Leading DTC Capabilities 2022 Exclusive Launch Nationwide distribution 25% of women’s razor aisle Significant in-store marketing support all year around Page 15 BOS 20201120 EPC investor day mate ...
Slide 16: A Branded Portfolio across all Price Tiers
A Branded Portfolio across all Price Tiers “Solution Seeker” positioning. Develop effortless solutions women happily spend more for! Gen X/Y. Professionals. All-in-one prep and blade system. Premium “Beauty Enthusiast” positioning. Celebrating the exceptional. 18–34-year-old Millennial. Full hair re
Slide 17: Strategic Rationale
Strategic Rationale • Strong history of DTC Growth coupled with committed retail expansion – One of the fastest growing DTC brands on the verge of expansion to brick-and- mortar retail with exclusive launch in 2022 • Demonstrated digital capabilities – Social media leader, with more followers and en
Slide 18: Q&A
Q&A Page 18 BOS 20201120 EPC investor day mate ...
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