Sell Edgewell Personal Care For An 11% Gain
Edgewell reported fiscal third quarter results and organic sales growth, margins and earnings beat expectations. However, like most other consumer products companies, Edgewell is experiencing cost pressures in many areas of operations. Higher costs in commodities, supply chain, and transportation are margin headwinds. The risk-reward of EPC at today’s price is not as favorable as it was in late March. Let’s take profits.