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Sun Care Sales Slip at Edgewell

Blames $2 million charge on go-to-market changes

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By: TOM BRANNA

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Edgewell said its sun and skin care net sales decreased $2.0 million, or 1.3% in its fiscal third quarter, ended June 30.  Excluding the impact of currency movements, organic net sales decreased $700,000, or 0.5%.  Excluding an estimated $2 million negative impact from international go-to-market changes, underlying net sales would have grown 40 basis points, driven primarily by growth in North America across both the Banana Boat and Hawaiian Tropic brands. Sun and skin care segment profit increa...

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