Financial, Nonwovens News

Edgewell’s Feminine Care Sales Increase

Segment's net sales up 4.9% in the first fiscal quarter

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By: Tara Olivo

Associate Editor at Nonwovens Industry

Edgewell Personal Care’s net sales were $463.3 million in the first fiscal quarter of 2022, an increase of 2.7% including a net $6.8 million or 1.5% impact from the acquisition of Billie and a $5.9 million or 1.3% negative impact from currency. Organic net sales increased 2.5%, reflecting a combination of higher pricing and volume growth across the Wet Shave, Sun Care and Feminine Care businesses, partly offset by lower sales volumes in Wet One’s.

Feminine Care net sales increased $3.4 million, or 4.9%. The increase in net sales reflected increased consumption and the impact of higher pricing, while market share remained stable.  Feminine Care segment profit decreased $0.4 million, or 4.5% driven by lower gross profit, partly offset by lower A&P and SG&A.

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