v3.25.1
Restructuring Charges
6 Months Ended
Mar. 31, 2025
Restructuring Charges [Abstract]  
Restructuring Charges Restructuring Charges
Operating Model Redesign
In fiscal 2025, the Company continues to take actions to strengthen its operating model, simplify the organization’s ways of working and improve manufacturing and supply chain efficiency and productivity. As a result of these actions, the Company expects to incur restructuring and repositioning related charges of approximately $14 in fiscal 2025. The Company has incurred restructuring and repositioning related charges as follows:
Three Months Ended March 31,Six Months Ended March 31,
2025202420252024
Severance and related costs $— $1.1 $0.5 $5.0 
Asset write-off and accelerated depreciation0.1 0.2 1.1 0.3 
Consulting, project implementation and management, and other exit costs3.8 1.9 4.7 4.7 
Total restructuring and repositioning charges$3.9 $3.2 $6.3 $10.0 
Consolidation of Mexico Facilities

In fiscal 2024, the Company announced certain operational and organizational steps designed to streamline the Company’s operations and supply chain by consolidating its current Mexico operations in Obregon and Mexico City into a single facility in Aguascalientes, Mexico. As a result of these actions, the Company is anticipating incurring restructuring and repositioning charges of $19 in fiscal 2025 and is expected to be completed by the second quarter of fiscal 2026.

Three Months Ended March 31,Six Months Ended March 31,
2025202420252024
Severance and related benefit costs (1)
$(0.2)$— (0.5)— 
Asset write-off and accelerated depreciation0.6 — 0.6 — 
Consulting, project implementation and management, and other exit costs7.9 — 10.0 — 
Total restructuring and repositioning charges (2)
$8.3 $— $10.1 $— 

(1) Due to natural workforce attrition, the Company has recorded an adjustment to the severance accrual that was recorded as of September 30, 2024.

(2) The Company does not include restructuring costs in the results of its reportable segments; however, these charges are related to the Wet Shave segment.