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Edgewell’s Sales Increase

Feminine Care sales up 11.7% to $8.5 million

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By: Tara Olivo

Associate Editor at Nonwovens Industry, Rodman Media

Edgewell Personal Care’s net sales were $469.1 million in the first fiscal quarter, an increase of 1.3%, including a net $12 million or 2.6% benefit from the acquisition of Billie and a $20.2 million or 4.3% negative impact from currency. Organic net sales increased 3%, with 5.8% growth in International markets, driven by Sun Care and Women’s Shave, and 1.2% growth in North America markets driven by Men’s Shave and Feminine Care. Overall, organic net sales increased 4.5% from higher pricing and promotions management.

Feminine Care (Tampons, Pads, and Liners) net sales increased $8.5 million, or 11.7%. Organic net sales increased 12%, reflecting higher pricing and generally improved product availability. Segment profit increased $3.4 million or 40.5%. Organic segment profit increased $3.8 million or 45.3%, as the benefit from higher pricing and gross profit, was only partly offset by increased A&P support.

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