Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Edgewell Announces Q2 Fiscal Results - Nonwovens Industry

What are you searching for?

Sign in
Financial, Nonwovens News

Edgewell Announces Q2 Fiscal Results

Fem care sales down 9.2%.

Author Image

By: Tara Olivo

Associate Editor at Nonwovens Industry, Rodman Media

Edgewell Personal Care’s second fiscal quarter net sales were $611.2 million, a decrease of 6.1%. Organic net sales decreased 0.7%, including a $10.9 million, or 170 basis point, negative impact from international go-to-market changes.  Organic net sales growth in Wet Shave and Sun and Skin Care was offset in part by lower sales in Feminine Care. North America net sales were down 0.8%, though Wet Shave and Sun and Skin care both grew. International net sales were down 0.3%, though up 4.5% excluding the negative impact of international go-to-market changes. Underlying international net sales grew across the Wet Shave portfolio, with particular strength in Men’s systems, driven by strong Hydro performance in Asia and Europe.

Feminine Care organic net sales decreased $9.3 million, or 9.2%. North America net sales declined driven primarily by unfavorable comparisons to the prior year pipeline build for the new Sport Pads and Liners offerings and lower net sales in   Stayfree. International sales were down primarily due to international go-to-market changes. Organic segment profit was down $9.5 million, or 45.5%, driven by lower net sales and unfavorable cost mix due to transactional currency impacts.

Add us as a preferred source on Google

Get the latest Nonwovens Industry news, insights and analysis in your Google Search and AI experiences.

Add Nonwovens Industry as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Nonwovens Industry Newsletters