08.02.16
Edgewell Personal Care’s net sales were $645.1 million in the third fiscal quarter of 2016, a decrease of 4.1%. Organic net sales decreased 2.2%, including an approximate $10 million, or 150 basis point, negative impact from international go-to-market changes. North America net sales were down 2.2%, and down 1.8% on an organic basis, primarily driven by declines in Feminine Care. International (everything outside North America) net sales were down 2.7%, and down 3.2% on an organic basis, though up 1.4% excluding the approximate $10 million negative impact of international go-to-market changes.
Feminine Care net sales decreased $7 million, or 6.7%. Excluding the impact of currency movements, organic net sales decreased $6.6 million, or 6.3%. North America net sales declined primarily due to unfavorable comparisons to the prior year pipeline build for the new Sport Pads and Liners offerings and lower net sales in StayFree. Feminine Care segment profit decreased $0.5 million, or 6.3%. Excluding the impact of currency movements, organic segment profit was down $0.3 million, or 3.8%. The decrease in profit was driven by lower net sales in North America, offset by lower A&P spending as compared to last year's launch activities.
Feminine Care net sales decreased $7 million, or 6.7%. Excluding the impact of currency movements, organic net sales decreased $6.6 million, or 6.3%. North America net sales declined primarily due to unfavorable comparisons to the prior year pipeline build for the new Sport Pads and Liners offerings and lower net sales in StayFree. Feminine Care segment profit decreased $0.5 million, or 6.3%. Excluding the impact of currency movements, organic segment profit was down $0.3 million, or 3.8%. The decrease in profit was driven by lower net sales in North America, offset by lower A&P spending as compared to last year's launch activities.