Corporate sales rose 3.7% to more than $2.2 billion last year. Organic sales increased 4.3%, reflecting growth in all segments, as increased pricing was only partly offset by a slight decrease in volumes. International markets increased 6.2%, reflecting both volume and price gains and were driven by strong double-digit growth in sun and skin care, and low, single-digit growth in wet shave. North America markets increased 3.3%, with growth in sun care, feminine care, grooming and Wet One’s partly offset by a slight decline in wet shave.

Sun and skin care sales increased 10.5% to $705 million. Sales soared nearly 30% in international markets. North American sales increased 5.8% with strong growth with favorable volumes in grooming and Wet One’s and favorable pricing in sun care, according to Edgewell.

In February, Forbes named Edgewell one of America’s Best Midsize Employers.

For the six months ended March 31, 2024, sales rose less than 2% to $1.08 billion. Sun and skin care sales jumped nearly 10% to almost $595 million. driven by global sun care growth of 12.6% and growth in North America grooming of 20.8%. Sun care growth reflected strong early-season execution in the US, Mexico and Europe, while grooming results were driven by strong Cremo and Bulldog sales, and the initial launch of the Billie brand into women’s grooming.

For Summer 2024, Edgewell launched a refill sunscreen bottle for use with reusable, twist-off sprayer. The novel delivery system is available on Banana Boat Sport 360 Coverage. The dispenser lets users choose between longer sprays or short bursts, giving them better control for better coverage, according to Edgewell.

Sales: $1.8 billion

Corporate sales rose 4%. Wet shave sales increased 2.2% to more than $1.2 billion, helped along by full year results for Billie, which Edgewell acquired at the end of 2021. Sun and skin care sales increased 9.1% to $585 million. Sales of sun care products jumped 22% last year. In contrast, sales of Wet Ones fell 24%, as hyper hygiene habits faded.

In June 2022, Edgewell launched Fieldtrip, a Gen Z-focused, gender-inclusive, sustainable skin care brand. The seven-item line includes:

• Fresh Start Purifying Face Cleanser with glacial clay harvested off the coast of Kisameet Bay, British Columbia, Canada;
• Into The Blue Stress Less Moisturizer with Indian wild indigo sustainably sourced from India;
• Trail Blazer Anywhere Shave Lotion with birch sap extracted from organically grown white birch trees from Northern Europe
• Overnight Trip Hydrating Lip Mask with moringa butter from the Himalayan Foothills of Southeast Asia;
• C The World Brightening Serum with camu camu sustainably sourced from the Amazon Rainforest;
• Eyeland Retreat Cooling Eye Gel with red maple bark sustainably sourced and upcycled from Canada; and
• Wandermist Hydrating Facial Spray with rambutan peel extract sustainably harvested and upcycled from Southeast Asia.

For Q1 2023, sales rose more than 9% to $598 million. Sun care sales shone brightly, growing 17% from a year ago.

Sales: $630 million (estimated) for sun and skin care products
Corporate sales: $1.9 billion

Corporate sales fell 8.9%. Declines in wet shave and sun care products were partially offset by growth in skin care driven by Wet Ones and grooming products. Sun and skin care net sales fell 0.2%, primarily due to declines in Banana Boat and Hawaiian Tropic, as the COVID-19 pandemic resulted in travel disruption during the summer vacation season. That decline was partially offset by growth in Wet One’s hand wipes and men’s grooming, with volume growth for both Bulldog and Jack Black. Geographically, North America grew organic net sales 3.2%, driven by Wet Ones, which saw more than 60% growth due to demand increases largely attributable to the COVID-19 pandemic. Internationally, organic net sales fell almost 11%, driven by declines in sun care volumes in Asia Pacific and Latin America. Toward the end of fiscal 2020, Edgewell completed the acquisition of Cremo Holding Company, LLC. The marketer of masstige men’s grooming brands, offers a line of beard, hair, shave prep and skin care products. Edgewell said this and other acquisitions, including Bulldog and Jack Black, creat opportunities to expand the personal care portfolio into a growing global category and allowed Edgewell to leverage its international footprint.

For the six months ended March 31, corporate sales fell less than 1% to $970 million. Sun care sales fell double-digits to $132 million, and sales of shaving gels and creams declined less than 1% $63 million. International market declines were attributed to the pandemic. However, sales of wipes and other skin care products nearly doubled to more than $76 million.

Sales: $533 million (estimated) for sun and skin care products.
Corporate sales: $2.1 billion

Last year, corporate sales fell more than 3% to $2.1 billion, but sun and skin care sales rose 2.2%, inclusive of a 3.8% increase from the Jack Black acquisition. That gain helped offset declines in Banana Boat sales, which the company blamed on its sun care reformulation project, which Edgewell undertook in anticipation of regulatory changes related to REACH implementation in the European Union.

Project Fuel, a company-wide initiative that provides fuel for growth, focuses on fundamentals and invests in growth opportunities. Project Fuel provided the resources to increase investment in Jack Black including increased digital marketing and expanding the influencer program. As a result, Jack Black recorded a double-digit increase in post-acquisition revenue, with e-commerce accounting for nearly 50%. Edgewell bought Black Jack in 2018. Similar efforts led to a 300% increase in net sales for Bulldog men’s grooming products, which Edgewell acquired in 2016.

To keep that momentum going, last year Edgewell announced plans to merge with another men’s grooming company, Harry’s, but the US Federal Trade Commission filed suit to block the nearly $1.4 billion acquisition. According to FTC, the loss of Harry’s as an independent competitor would eliminate competitive forces in the shaving industry. If that weren’t enough, Harry’s said it would pursue legal action against its former merger partner.

Last year, Edgewell sold its infant and pet care business.

For the six months ended March 31, 2020, corporate sales declined 2% to $977 million, but sales of sun, skin and shave products rose nearly 7% to $191.9 million. COVID-19 concerns drove demand for Wet Ones wipes, but conversely, Edgewell expects demand for sun care to falter due to lingering stay-at-home orders.

Sales: $440 million for sun and skin care products.
Corporate sales: $2.2 billion.

Edgewell is wild about Harry’s Razors. In May, they entered into a definitive agreement under which the two companies will combine in a cash and stock transaction that valued Harry’s at $1.37 billion. The combination brings together complementary capabilities to create a next-generation consumer products platform with an expansive runway for accelerated topline growth and enhanced value creation. Together they have a leading portfolio of global brands in men’s and women’s shaving, personal, sun and skin care.

“The combination of Edgewell and Harry’s is a pivotal step forward in further transforming our organization and strengthening our competitive position and ability to drive sustained growth and value creation,” said Rod Little, Edgewell’s president and chief executive officer. “Building on Edgewell’s and Harry’s complementary strengths, our combined company will have leading brands and omni-channel capabilities that are essential to meet the needs of the modern consumer and win in today’s market environment. We welcome Harry’s entrepreneurial employees and look forward to working closely with Andy and Jeff, whose ingenuity and demonstrated success will enable us to take our U.S. business to the next level. We are excited about our future and the opportunities we have to deliver superior long-term shareholder returns as a next-generation CPG platform.”

Harry’s co-founders, Andy Katz-Mayfield and Jeff Raider, noted that when they launched Harry’s six years ago their vision was to create a grooming brand that better met their needs as consumers, and over time, a CPG platform that creates brands people love across more categories.

“Together with Edgewell, we see a significant opportunity to continue delivering on that vision, leveraging Edgewell’s advanced technology and global footprint alongside our customer-first approach, brand building expertise and omni-channel capabilities,” they said. “We’re incredibly proud of the brands we’ve created and the team we’ve built, and have tremendous respect for Edgewell and its established brand portfolio. We look forward to what we can accomplish together.”

Edgewell relies on a mix of acquisitions and NPD to compete in the global personal care sector. A little more than a year ago, the company acquired Jack Black, a line of men’s toiletries for about $90 million. The move was made to gain a foothold in the luxury men’s skin care market. The company noted that sales of sun and skin care products increased about 2% last year, helped along by acquisitions.

To manage it all, there have been changes at the top. Earlier this year, Edgewell announced that Rod R. Little was appointed president and CEO, and Daniel J. Sullivan will join to company as chief financial officer.

“Following a comprehensive search, we are pleased that Dan has agreed to join Edgewell as our next CFO,” said Little. “Dan is a highly accomplished finance executive and we look forward to benefiting from his deep experience working with leading global consumer businesses.”

For the six months ended June 30, 2019, corporate sales fell nearly 7% to just over $1 billion, but sun and skin care sales were flat at about $212 million.

Sales: $436 million for sun and skin care products.
Corporate sales: $2.2 billion.

Edgewell is in the Black…Jack Black that is! The sun care maker purchased the men’s grooming company on March 1 for about $90 million in cash.

Sales of sun and skin care products rose 3.2% in 2017, driven by a 14% gain in international markets. The company proudly notes that it launched four of the top five sun care products in the US last year, according to Nielsen. Outside the US, Edgewell introduced Bulldog into Germany and The Netherlands, and rolled out Banana Boat in Spain. The sun and skin care business accounted for 19% of corporate sales last year, but sun care alone represented 15% of sales.

For the six months ended March 31, 2018, sun and skin care sales rose 1% to $152 million. During the second quarter, Edgewell launched “Project Fuel,” an enterprise-wide initiative designed to transform the company’s business and cost structure, deliver substantial cost savings, increase agility and provide the capabilities and financial resources needed to drive growth and shareholder value.

Sales: $425 million

Between Dollar Shave and Gillette, there has been plenty of activity in the razor marketplace, and even Edgewell’s Schick brand is upping its game with a new direct-to-consumer website. Unveiled in May, SchickHydro.com allows users to sign up for a plan or place one time orders. This is also carries the exclusive new Schick Hydro Connect, a line of blades designed to fit its competitor’s products, namely Gillette’s Fusion and Mach3 handles.

In Edgewell’s most recent fiscal year, net sales decreased 2.4%. Organic net sales increased 1.4%, and excluding the estimated impact of international go-to-market changes, full year underlying net sales would have increased by 2.8%, the firm said.

Taking a closer look into the Edgewell’s core product areas during the year, wet shave (men’s systems, women’s systems, disposables, shave preps) net sales rose 9.25%. North America drove the majority of the increase, due in large part to the high level of promotional spend in the prior year quarter related to coupons and trade spending.
International growth was driven by Hydro sales in Asia and Women’s systems performance in EMEA.  Sun and skin care (which also includes wipes and gloves), net sales rose 17.9%.  Excluding the impact of currency movements, organic net sales increased 18.2%, driven by growth of Banana Boat and Hawaiian Tropic in both North America and international. Growth was driven by higher volumes due to category growth versus a year ago, according to the company.

In fiscal 2Q 2017, Edgewell’s net sales were $611 million, which was flat when compared to the prior year quarter. Almost $3.0 million of that came from Bulldog, the UK-based skin care brand Edgewell acquired in November 2016.  Bulldog offers male skin care products including moisturizers, face washes, scrubs, balms, shave gels and creams, body washes, lip balm and lotions distributed in more 17,000 locations.  The brand’s largest markets are in the UK, US, Sweden and South Korea.

In personnel news, Colin Hutchison, who had been vice president of commercial international, was named to the newly created role of chief operating officer.