What Edgewell Personal Care Co told the SEC could break it.

With ~46% of fiscal 2025 net sales originating outside the U.S. and significant overseas production, Edgewell relies on China to source, assemble, and transport materials and goods — a concentrated foreign supply-chain dependence.

“We conduct business on a global basis, with nearly 46% of our net sales in fiscal 2025 originating outside the U.S., and a significant portion of our production capacity and cash are located overseas. Consequently, we are subject to a number of risks associated with doing business in foreign countries, including: sourcing of raw materials from around the world; reliance on China to source, assemble, and transport materials and goods”

Edgewell sources materials, components and finished goods from Mexico and China; US reciprocal tariffs and retaliatory trade measures have already raised costs (≈150 bps of unfavorable core inflation inclusive of tariffs hit fiscal 2025 gross margin) and could worsen.

“We rely on materials, components and finished goods that are sourced from or manufactured in foreign countries, including Mexico and China. Changes in U.S. trade policy, including the imposition of reciprocal tariffs and other recent measures, have resulted and could result in additional reactions from U.S. trading partners, including adopting responsive trade policies making it more difficult or costly for us to export our products or import goods and materials from those countries.”