Edgewell Looking To Position Itself For Long-Term Growth After Q3 Decline
Edgewell Personal Care, which owns the Hawaiian Tropic and Wilkinson Sword brands, among others, has said that the repositioning of its Feminine Care business, coupled with the integration of the Harry's shaving brand, should enable it to achieve its longer-term financial objectives.
The business made the forecast as it posted a 1.8% decline in net sales in the third quarter of its financial year, to $609.2 million (€544 million).
Organic net sales were down 0.3% in the quarter, with organic net sales declining 2.7% in North America, offset by a 4.2% gain in its International business.
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