11.13.18
Edgewell Personal Care’s net sales were $537.4 million in the fourth fiscal quarter, a decrease of 4.9% when compared to the prior year period. Excluding a $7.5 million benefit from the Jack Black acquisition, a $3.3 million negative impact from the Playtex gloves divestiture and a $5 million negative impact from currency translation, organic net sales decreased 4.7%. The declines were primarily driven by the impact of unfavorable price mix in Wet Shave and lower volumes and price mix in Feminine Care, partly offset by growth in Sun and Skin Care.
Feminine Care net sales decreased $10.4 million, or 11.2%, as compared to the prior year, driven by volume declines in Gentle Glide and Stayfree, partially offset by growth in Carefree liners. Pricing was also unfavorable due to higher promotional spend in the quarter. Feminine Care segment profit increased $0.4 million, as compared to the prior year, as lower product costs and lower A&P spend more than offset the impact of higher promotional support and higher commodity and warehouse and distribution costs.
Feminine Care net sales decreased $10.4 million, or 11.2%, as compared to the prior year, driven by volume declines in Gentle Glide and Stayfree, partially offset by growth in Carefree liners. Pricing was also unfavorable due to higher promotional spend in the quarter. Feminine Care segment profit increased $0.4 million, as compared to the prior year, as lower product costs and lower A&P spend more than offset the impact of higher promotional support and higher commodity and warehouse and distribution costs.
