Edgewell Personal Care Files 2024 10-K

TL;DR

Edgewell Personal Care dropped its 2024 10-K. Check financials for the year ending 9/30.

AI Summary

Edgewell Personal Care Co. filed its 2024 10-K report on November 14, 2024, detailing its fiscal year ending September 30, 2024. The company, formerly Energizer Holdings Inc., operates in the perfumes, cosmetics, and toiletries sector. The filing provides comprehensive financial data and business operations for the period.

Why It Matters

This filing provides investors with a detailed overview of Edgewell Personal Care's financial health and strategic direction for the past fiscal year, crucial for investment decisions.

Risk Assessment

Risk Level: medium — This is a standard annual financial filing with no immediate red flags or significant new risks highlighted.

Key Players & Entities

• EDGEWELL PERSONAL CARE Co (company) — Filer
• 20240930 (date) — Fiscal Year End
• 20241114 (date) — Filing Date
• ENERGIZER HOLDINGS INC (company) — Former Company Name

FAQ

Key Financial Figures

• $0.01 — ich registered Common Stock, par value $0.01 per share EPC New York Stock Exchange

Filing Documents

• epc-20240930.htm (10-K) — 2292KB
• ex1042-fwofferletternovemb.htm (EX-10.42) — 7KB
• ex1043-dsofferletternovemb.htm (EX-10.43) — 7KB
• epc10k93024ex211.htm (EX-21.1) — 46KB
• epc10k93024ex231.htm (EX-23.1) — 2KB
• epc10k93024ex311.htm (EX-31.1) — 10KB
• epc10k93024ex312.htm (EX-31.2) — 10KB
• epc10k93024ex321.htm (EX-32.1) — 4KB
• epc10k93024ex322.htm (EX-32.2) — 4KB
• edgewelllogo123118a06a.jpg (GRAPHIC) — 5KB
• edgewelllogo123118a06b.jpg (GRAPHIC) — 5KB
• epc-20240930_g1.jpg (GRAPHIC) — 5KB
• epc-20240930_g2.jpg (GRAPHIC) — 128KB
• 0001628280-24-047916.txt ( ) — 13477KB
• epc-20240930.xsd (EX-101.SCH) — 66KB
• epc-20240930_cal.xml (EX-101.CAL) — 106KB
• epc-20240930_def.xml (EX-101.DEF) — 491KB
• epc-20240930_lab.xml (EX-101.LAB) — 1034KB
• epc-20240930_pre.xml (EX-101.PRE) — 840KB
• epc-20240930_htm.xml (XML) — 2089KB

Risk Factors. 11

Item 1A. Risk Factors. 11

Unresolved Staff Comments. 19

Item 1B. Unresolved Staff Comments. 19

Cybersecurity

Item 1C. Cybersecurity. 19

Properties. 21

Item 2. Properties. 21

Legal Proceedings. 21

Item 3. Legal Proceedings. 21

Mine Safety Disclosures. 21

Item 4. Mine Safety Disclosures. 21 PART II

Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities. 22

Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities. 22

[Reserved] 23

Item 6. [Reserved] 23

Management's Discussion and Analysis of Financial Condition and Results of Operations. 24

Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations. 24

Quantitative and Qualitative Disclosures About Market Risk. 39

Item 7A. Quantitative and Qualitative Disclosures About Market Risk. 39

Financial Statements and Supplementary Data. 40

Item 8. Financial Statements and Supplementary Data. 40

Changes in and Disagreements with Accountants on Accounting and Financial Disclosure. 83

Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure. 83

Controls and Procedures. 83

Item 9A. Controls and Procedures. 83

Other Information. 83

Item 9B. Other Information. 83

Disclosure Regarding Foreign Jurisdictions that Prevent Inspections. 83

Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections. 83 PART III

Directors, Executive Officers and Corporate Governance. 84

Item 10. Directors, Executive Officers and Corporate Governance. 84

Executive Compensation. 84

Item 11. Executive Compensation. 84

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters. 84

Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters. 84

Certain Relationships and Related Transactions, and Director Independence. 84

Item 13. Certain Relationships and Related Transactions, and Director Independence. 84

Principal Accounting Fees and Services. 84

Item 14. Principal Accounting Fees and Services. 84 Part IV

Exhibit and Financial Statement Schedules. 85

Item 15. Exhibit and Financial Statement Schedules. 85

Form 10-K Summary. 85

Item 16. Form 10-K Summary. 85 Signatures 86 Exhibit Index 87 Presentation of Information Unless the context requires otherwise, references to "Edgewell Personal Care Company," "Edgewell," "we," "us," "our" and "the Company" refer to Edgewell Personal Care Company, and its consolidated subsidiaries. Trademarks and Trade Names We own or have rights to use trademarks and trade names that we use in conjunction with the operation of our business, which appear throughout this Annual Report on Form 10-K. Solely for convenience, we only use the or symbols the first time any trademark or trade name is mentioned. We may also refer to brand names, trademarks, service marks and trade names of other companies and organizations, and these brand names, trademarks, service marks and trade names are the property of their respective owners. Industry and Market Data Unless we indicate otherwise, we base the information concerning our industry contained or incorporated by reference herein on our general knowledge of and expectations concerning the industry. Our market position, market share and industry market size are based on our estimates using internal data and data from various industry analyses, our internal research and adjustments and assumptions that we believe to be reasonable. We have not independently verified data from industry analyses and cannot guarantee its accuracy or completeness. In addition, we believe that data regarding the industry, market size and our market position and market share within such industry provides general guidance but are inherently imprecise. Further, our estimates and assumptions involve risks and uncertainties and are subject to change based on various factors, including those discussed in the "Risk Factors" section of this document. These and other factors could cause results to differ materially from those expressed in the estimates and assumptions. Retail sales for purposes of market size, market position and market share info

Forward-Looking Statements

Forward-Looking Statements This Annual Report on Form 10-K contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made by or on behalf of Edgewell Personal Care Company or any of our businesses. Forward-looking statements may appear throughout this report, including, without limitation, the following sections: Management's Discussion and Analysis, Risk Factors, and the Notes to the Consolidated Financial Statements. Forward-looking statements generally can be identified by the use of words or phrases such as "believe," "expect," "expectation," "anticipate," "may," "could," "intend," "estimate," "plan," "target," "predict," "likely," "will," "should," "forecast," "outlook," "strategy," or other similar words or phrases. These statements are not based on historical facts, but instead reflect our expectations, estimates or projections concerning future results or events, including, without limitation, the future earnings and performance of the Company or any of our businesses. Many factors outside our control could affect the realization of these estimates. These statements are not guarantees of performance and are inherently subject to known and unknown risks, uncertainties and assumptions that are difficult to predict and could cause our actual results to differ materially from those indicated by those statements. We cannot assure you that any of our expectations, estimates or projections will be achieved. The forward-looking statements included in this report are only made as of the date of this report, and we disclaim any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances, except as required by law. You should not place undue reliance on these statements. Factors that could cause fluctuations in our actu

Business

Item 1. Business. Overview Edgewell Personal Care Company, and its subsidiaries, is one of the world's largest manufacturers and marketers of personal care products in the Wet Shave, Sun and Skin Care, and Feminine Care segments. With operations in approximately 20 countries, our products are widely available in more than 50 countries. History and Development We were incorporated in the State of Missouri on September 23, 1999 and, prior to April 2000, were a wholly-owned subsidiary of Ralston Purina Company. On April 1, 2000, all of the outstanding shares of our common stock were distributed to shareholders of Ralston Purina Company and we became an independent publicly-owned company. During the years that followed, we implemented a strategy of acquiring several personal care brands, which created the foundation for the company we are today. In 2003, we completed the acquisition of the Schick-Wilkinson Sword business ("SWS") from Pfizer, Inc., the second largest manufacturer and marketer of men's and women's wet shave products in the world at that time. Our portfolio of wet shave products includes: Hydro and Quattro men's shaving systems; Hydro Silk, Quattro for Women, Intuition and Silk Effects Plus women's shaving systems; and the Hydro, Quattro, Xtreme 3, Slim Twin, Slim Triple, Skintimate and Extra3 disposables. SWS has over 100 years of history in the shaving products industry with a reputation for high quality and innovation in shaving technology. SWS products are sold throughout the world. In 2007, we acquired Playtex Products, Inc. ("Playtex"), a leading manufacturer and marketer of well-recognized brands such as Playtex feminine care products, Wet Ones pre-moistened wipes, and Banana Boat and Hawaiian Tropic sun care products, thereby expanding our branded consumer products portfolio. In 2009, we completed the acquisition of the Edge and Skintimate shave preparation brands from S.C. Johnson & Son, Inc., adding market leading United States-based ("U.

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View this 10-K filing on SEC EDGAR