Edgewell Personal Care Company (NYSE: EPC) announced its financial results for the fourth quarter and full fiscal year ended September 30, 2026, in a Form 8-K filed on November 12, 2026. The company reported an increase in net sales for both the quarter and the full year, alongside a significant improvement in adjusted earnings per share.
For the fourth quarter of fiscal 2026, net sales reached $484.1 million, representing a 3.0% increase compared to the prior year. Organic net sales, which exclude the impact of currency movements, grew by 3.1%. On a GAAP basis, diluted earnings per share (EPS) were $0.23, while adjusted EPS was $0.78, a 50.0% increase from the prior year quarter. For the full fiscal year, net sales totaled $1,996.5 million, an increase of 1.8% year-over-year, with organic net sales rising by 0.3%. GAAP diluted EPS for the year was a loss of $(0.05), while adjusted EPS was $1.93, a 6.6% increase from the prior year.
Operating performance showed mixed results. Gross profit for the full year was $830.0 million, with a gross margin of 41.6%. However, the company recorded pre-tax restructuring and related costs of $101.8 million during the year, largely related to facility consolidations and global transformation actions. Adjusted operating income for the full year was $161.6 million, or 8.1% of net sales.
At the end of the fiscal year, the company had $375.6 million in cash on hand and access to an additional $418.8 million under its U.S. revolving credit facility. The adjusted net debt leverage ratio was 3.4x.
In terms of capital allocation, the Board of Directors declared a quarterly cash dividend of $0.15 per common share on November 12, 2026. This dividend is payable on January 7, 2027, to shareholders of record as of December 3, 2026. During the fourth quarter, the company returned $6.9 million to shareholders in the form of dividends. The company also reported that it had approximately $85 million available for share repurchase under its 2025 authorization as of September 30, 2026.
