02.08.18
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.
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.