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Why Did Edgewell Personal Care Plunge 10.13%?
Generated by AI AgentAinvest Movers Radar
Wednesday, May 7, 2025 8:41 am ET1min read
On May 7, 2025, Edgewell Personal Care Company's stock experienced a significant drop of 10.13% in pre-market trading.
Edgewell Personal Care Company recently announced its financial results for the second fiscal quarter of 2025, which ended on March 31, 2025. The company reported a net profit of $29 million, equivalent to 60 cents per share. However, this figure fell short of analyst expectations, which had projected earnings per share of $0.90. The company's net sales for the quarter were $580.7 million, marking a 3.1% decrease compared to the same period last year.
In addition to its earnings report, Edgewell Personal Care Company declared a quarterly cash dividend for the second quarter of fiscal 2025. The dividend is payable on July 9, 2025. This announcement comes as the company continues to navigate market challenges and adapt its strategies to maintain shareholder value.
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