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Edgewell Personal Care, a manufacturer of personal care products, has 91.91% of its stock owned by institutional investors. Analysts have recently lowered price targets for the stock, with UBS Group reducing it from $40 to $36, while maintaining a "neutral" rating. The company reported a quarterly EPS of $0.72, beating estimates, but revenue fell 3.1% year-over-year.
Edgewell Personal Care Company operates in around 20 countries, offering personal care products across three segments: Wet Shave, Sun & Skin Care, and Feminine Hygiene. The Wet Shave segment features brands like Schick and Wilkinson Sword, while Sun & Skin Care includes Banana Boat and Hawaiian Tropic. Feminine Hygiene products are marketed under Playtex and Stayfree, encompassing tampons and pads.
The global beauty tools market is projected to grow at approximately 5% from 2022 to 2030, driven by increasing consumer awareness of personal care and the demand for innovative, eco-friendly products. The skin and personal care segment is expected to see significant growth, alongside a notable rise in offline distribution channels as consumers prefer in-store experiences. North America is anticipated to lead this growth, influenced by rising disposable incomes and the popularity of technologically advanced beauty tools.
Edgewell Personal Care Company
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global beauty tools market poised for significant growth through 2030
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