v3.25.1
Segment Data
 6 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Segment Data Segment Data
For an overview of the Company’s segments, refer to Note 1 of the Notes to Condensed Consolidated Financial Statements. Segment performance is evaluated based on segment profit, excluding certain U.S. GAAP items that management does not believe are indicative of ongoing operating performance due to their unusual or non-recurring nature and which may have a disproportionate positive or negative impact on the Company’s financial results in any particular period. Financial items, such as interest income and expense, are managed on a global basis at the corporate level and therefore are excluded from segment profit. The exclusion of such charges from segment results reflects management’s view on how management monitors and evaluates segment operating performance, generates future operating plans and makes strategic decisions regarding the allocation of capital.
The Company’s operating model includes some shared business functions across the segments, including product warehousing and distribution, transaction processing functions and, in most cases, combined sales force and management teams. The Company applies a fully allocated cost basis in which shared business functions are allocated between the segments.
Segment net sales and profitability are presented below:
 Three Months Ended
March 31,		Six Months Ended
March 31,
2025202420252024
Net Sales 
Wet Shave$285.5 $293.1 $580.0 $594.8 
Sun and Skin Care231.1 235.8 351.7 351.2 
Feminine Care64.1 70.5 127.4 142.3 
Total net sales$580.7 $599.4 $1,059.1 $1,088.3 
Segment Profit 
Wet Shave$46.6 $40.4 $93.2 $94.1 
Sun and Skin Care50.8 54.4 47.4 53.1 
Feminine Care3.1 8.7 6.3 16.0 
Total segment profit100.5 103.5 146.9 163.2 
General corporate and other expenses(16.1)(15.0)(27.7)(31.2)
Amortization of intangibles(7.7)(7.8)(15.5)(15.6)
Interest and other expense, net(18.2)(23.1)(39.3)(43.2)
Restructuring and repositioning expenses (1)
(12.2)(3.2)(16.4)(10.0)
Acquisition and integration costs (2)
— (0.7)(0.5)(1.4)
Sun Care reformulation costs (3)
(0.7)(0.4)(1.7)(0.9)
Wet Ones manufacturing plant fire (4)
— (3.8)— (5.3)
Legal matters (5)
— (1.4)— (1.4)
Gain on investment (6)
— — 0.9 — 
Commercial realignment (7)
(3.1)— (3.1)— 
Vendor bankruptcy (8)
(0.4)— (0.4)— 
Other project and related costs (9)
(0.8)(1.1)(3.6)(1.2)
Total earnings before income taxes$41.3 $47.0 $39.6 $53.0 
(1)The Company recorded $12.2 and $3.2 for the three months ended March 31, 2025 and 2024, respectively, and $16.4 and $10.0 for the six months ended March 31, 2025 and 2024, respectively, related to actions to strengthen its operating model and improve manufacturing and supply chain efficiency and productivity. There were no amounts included in pre-tax SG&A or pre-tax Cost of products sold for both the three and six months ended March 31, 2025 and 2024. See Note 2 of the Notes to Condensed Consolidated Financial Statements.
(2)Includes pre-tax SG&A of nil and $0.7 for the three months ended March 31, 2025 and 2024, respectively, and $0.5 and $1.4 for the six months ended March 31, 2025 and2024, respectively, for the acquisition of Billie, Inc. on November 29, 2021.
(3)Includes pre-tax research and development costs of $0.7 and $0.4 for the three months ended March 31, 2025 and 2024, respectively, and $1.7 and $0.9 for the six months ended March 31, 2025 and 2024, respectively, related to the reformulation, recall and destruction of certain Sun Care products.
(4)On December 1, 2023, a fire occurred at our Wet Ones manufacturing plant in Sidney, Ohio. There were no injuries reported and damage was limited to a single manufacturing process. As a consequence of the fire damage, there was a partial shutdown of the operations that manufacture Wet Ones raw materials. During the three and six months ended March 31, 2024, the Company incurred $3.8 and $5.3, respectively, in costs related to incremental material charges, labor and absorption as a result of the fire.
(5)Includes pre-tax SG&A of $1.4 in both the three and six months ended March 31, 2024, for the settlement of certain legal matters.
(6)Includes pre-tax gain of $0.9 for the six months ended March 31, 2025 on the fair value measurement of an equity method investment.
(7)Includes pre-tax Cost of products sold of $3.1 during the three and six months ended March 31, 2025, related to a shift in go-to-market strategy and SKU rationalization.
(8)Includes pre-tax Cost of products sold of $0.4 during the three and six months ended March 31, 2025, related to government mandated incremental costs related to a bankruptcy at one of our foreign vendors.
(9)Includes pre-tax SG&A of $1.4 and $1.1 for the three months ended March 31, 2025 and 2024, respectively, and $2.4 and $1.2 for the six months ended March 31, 2025 and 2024, respectively, and Other (income) expense, net of $(0.6) for the three months ended March 31, 2025 and $1.2 for the six months ended March 31, 2025, related to certain corporate project and other related costs.
The following table presents the Company’s net sales by geographic area:
Three Months Ended
March 31,		Six Months Ended
March 31,
2025202420252024
Net Sales to Customers
United States$338.7 $355.1 $583.3 $609.3 
International242.0 244.3 475.8 479.0 
Total net sales$580.7 $599.4 $1,059.1 $1,088.3 

Supplemental product information is presented below for net sales:
Three Months Ended
March 31,		Six Months Ended
March 31,
 2025202420252024
Razors and blades$259.0 $264.8 $526.4 $535.3 
Tampons, pads, and liners64.1 70.5 127.4 142.3 
Sun care products164.2 175.0 211.6 226.0 
Grooming products48.8 45.0 101.8 91.8 
Wipes and other skin care18.1 15.8 38.3 33.4 
Shaving gels and creams26.5 28.3 53.6 59.5 
Total net sales$580.7 $599.4 $1,059.1 $1,088.3