|Bid||30.89 x 800|
|Ask||30.98 x 800|
|Day's Range||30.84 - 32.12|
|52 Week Range||30.36 - 59.16|
|Beta (3Y Monthly)||0.46|
|PE Ratio (TTM)||21.09|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
In his second "Executive Decision" segment of Mad Money Wednesday night, Jim Cramer sat down with Rod Little, president and CEO of Edgewell Personal Care Co. , the company which just acquired Harry's, the men's care products company co-founded by Andy Katz-Mayfield and Jeff Raider. Little explained that Edgewell has a new management team and a new focus on global grooming, and the Harry's acquisition is just the beginning of that transformation.
CEO of Edgewell Personal Care Co (NYSE:EPC) Rod R Little bought 9,300 shares of EPC on 05/21/2019 at an average price of $32 a share.
Edgewell Personal Care’s shares slid 15% Thursday after the parent of the Schick razor-blade brand said it is buying the owner of Harry’s Shave Club in a cash-and-stock deal valued at $1.37 billion.
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Moody's Investors Service ("Moody's") today placed the ratings for Edgewell Personal Care Co. ("Edgewell") under review for downgrade. This follows Edgewell's announced $1.37 billion, largely debt financed acquisition of Harry's Inc. Management expects the closing of the acquisition to occur by the end of the first quarter in 2020.
The owner of Schick razors is acquiring upstart shaving company Harry's for $1.37 billion, continuing a trend of consolidation in the shaving industry, where established brands have struggled with the rise of digital-savvy newcomers. Harry's has bedeviled Schick and Gillette for years using innovative subscription plans and sleek packaging and competitive pricing. Under the agreement announced Thursday, investors in Harry's Inc. will take a stake of about 11% of Edgewell Personal Care Co., which manages Schick and other brands.
Here's a look at the key metrics from Edgewell's second quarter and details about its acquisition announcement.
Stamps.com, Keurig Doctor Pepper, General Electric, Edgewell Personal Care and Fox are the companies to watch.
Edgewell Personal Care, which owns brands like Schick (razors), Banana Boat(sunscreen) and Wet Ones (moist wipes), is adding Harry's to that list in a$1
Edgewell Personal Care Co. of Shelton, Connecticut, the parent of Schick Razors, is buying New York-based Harry's for $1.37 billion.
Schick razor blade parent company Edgewell Personal Care Co (NYSE: EPC ) said Thursday that it reached an agreement to acquire razor retailer Harry's for $1.37 billion. What Happened Edgewell will acquire ...
, which owns the Schick and Wilkinson razor brands, as well as Hawaiian Tropic, saw its shares sink Thursday after it reached a deal to buy shaving startup Harry's for $1.37 billion in cash and stock. Harry's founders and co-CEOs Andy Katz-Mayfield and Jeff Raider will run Edgewell's operations in the United States. About 79% of the deal will be paid in cash and 21% will be paid in Edgewell common stock.
Edgewell Personal (EPC) delivered earnings and revenue surprises of 13.00% and -2.15%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
Harry's is the latest shaving startup to be bought by a bigger rival and dwarfs Unilever Plc's purchase of the U.S.-based Dollar Shave Club in 2016. Unilever, Procter & Gamble Co and others have put more focus on men's grooming, trying to coax them into spending more on deodorants, skin creams and hair products. New York-based Harry's sells razors, shaving creams, lotions, soaps and other grooming products, embossed with its quirky hairy elephant logo, as well as Flamingo line of women's razors and waxes.
Schick parent Edgewell Personal Care Co. announced Thursday a deal to buy Harry's Inc., which provides a subscription shaving service, in a cash and stock deal valued at $1.37 billion. Under terms of the deal, about 79% of the value will be paid in cash and the rest in Edgewell common stock. Edgewell expects to finance the deal with cash on hand and new debt and equity. "Building on Edgewell's and Harry's complementary strengths, our combined company will have leading brands and omni-channel capabilities that are essential to meet the needs of the modern consumer and win in today's market environment," said Edgewell Chief Executive Rod Little. Edgewell's stock, which was still inactive in premarket trade, has gained 6.6% year to date, while the S&P 500 has advanced 15%.
Jim Cramer chats with the CEO of Edgewell Personal Care off its acquisition of shaving products manufacturer Harry's.
Edgewell Personal Care, the company behind Schick Razors has announced it is acquiring Harry's for $1.37 billion. The razor startup has been putting pressure on the industry after moving from online-only sales into major retailers such as Target and Walmart. In acquiring Harry's, Schick's parent company is cutting down on that competition. Yahoo Finance's Dan Roberts, Akiko Fujita, and Sibile Marcellus discuss what the move means for the men's personal care industry.