11.14.22
Edgewell Personal Care’s fourth fiscal quarter net sales were $536.9 million, a decrease of 1.2%, including a net $19.6 million or 3.6% benefit from the acquisition of Billie and a $32.5 million, or 6% negative impact from currency movements. Organic net sales increased 1.2%, as International organic net sales increased 7.7%, driven by over 64% growth in Sun Care and just over 3% growth in Wet Shave. North America organic net sales decreased 3.3%, partially driven by Wet One's decline of almost 26%, as the business cycled growth from Covid driven demand a year ago, and lower sales in Wet Shave.
Feminine Care net sales increased $1.2 million, or 1.6%. Organic net sales increased $1.3 million, or 1.7%, driven by higher pricing, which offset slightly lower volumes. Feminine Care segment profit increased $3 million, or 33%. Organic segment profit increased $3.1 million or 34.1%, largely driven by higher gross profit and lower spending.
Feminine Care net sales increased $1.2 million, or 1.6%. Organic net sales increased $1.3 million, or 1.7%, driven by higher pricing, which offset slightly lower volumes. Feminine Care segment profit increased $3 million, or 33%. Organic segment profit increased $3.1 million or 34.1%, largely driven by higher gross profit and lower spending.