Edgewell Sees Slight Increase in Net Sales for Q2 2026

Net sales for Edgewell Personal Care saw a slight increase of 0.6% to $519.5 million, in Q2 2026 ended March 31, 2026, compared to the prior year quarter.

Organic net sales decreased 2.4% to $12.6 million. Organic growth in international markets was 1.0%, largely driven by volume growth in Wet Shave and favorable pricing in Wet Shave and Sun Care. Organic sales declined in North America by 4.8%, driven primarily by lower volumes in Wet Shave and Sun Care, partially offset by volume growth in Grooming.

“We delivered a strong second quarter, with results ahead of our expectations, driven by improved execution and innovation that is resonating with consumers, reflected in the continued momentum in brands like Cremo, Hawaiian Tropic and Billie,” said Rod Little, president and CEO of Edgewell Personal Care. “We are moving forward with a simpler, higher‑quality portfolio with a stronger margin profile, allowing us to allocate capital to the categories and markets where we have clear competitive advantages. As we look ahead, we are committed to executing against our four strategic priorities—international growth, innovation, productivity, and our US commercial transformation—which underpin our confidence in returning to organic growth, expanding margins, and improving cash flow over the balance of the year and beyond.”

Wet Shave

Net sales increased $8.6 million, or 3.0%. Organic net sales decreased $2.1 million or 0.7%. International markets grew 3.6%, primarily reflecting higher volumes, while North America declined 6.0%, primarily reflecting lower volumes. Segment profit decreased $12.9 million, or 27.7%. Organic segment profit, excluding the unfavorable impact from currency, decreased $12.2 million, or 26.2%, driven by lower gross margins and higher SG&A expense, partially offset by lower marketing expense.

Sun and Skin Care

Net sales decreased $5.7 million, or 2.5%. Organic net sales decreased $10.5 million, or 4.5%, driven by an 8.4% decline in Sun Care. The Sun Care decline primarily reflects lower volumes, as expected, due to the pull-forward of Sun Care orders into the first quarter. Grooming increased 6.3%, driven by significant volume growth in Cremo. Segment profit decreased $3.2 million, or 6.3%, including a favorable impact from foreign currency of $1.2 million, or 2.4%. Organic segment profit decreased $4.4 million, or 8.7%, driven primarily by lower gross profit.

Fiscal Year 2026 Financial Outlook

Reported net sales are expected to increase in the range of approximately 0.8% to 3.8% (previously increase 0.5% to 3.5%).

In fiscal 2026, the Company says it’s taking specific actions to strengthen its operating model; simplify the organization; and improve manufacturing and supply chain efficiency through restructuring and repositioning actions, including the further consolidation of Wet Shave operations. As a result of these actions, the Company expects to incur pre-tax charges of approximately $90 million (previously $65 million) for the full fiscal year.