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Edgewell’s Sales Drop

Volume declines in feminine care segment drive sales down

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By: Tara Olivo

Associate Editor at Nonwovens Industry, Rodman Media

In the first fiscal quarter of 2018, Edgewell Personal Care’s net sales were $468.3 million, a decrease of 3.4% when compared to the prior year quarter.  Excluding a $0.9 million decrease from the combined impact of the Bulldog acquisition and Playtex gloves sale and a $9.2 million positive impact from currency, organic net sales decreased 5.2%. Overall volumes decreased in the quarter, driven primarily by Wet Shave and Feminine Care in North America. 

Feminine Care net sales decreased $6.5 million, or 7.3%, driven by volume declines in tampons and pads related to prior period distribution losses. Liners showed slight growth, driven by Carefree. Feminine Care segment profit decreased $3.3 million, due to lower sales volumes and higher production costs compared to the prior year, when production volumes were higher in advance of the final consolidation of manufacturing into one plant.

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