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Restructuring Charges
9 Months Ended
Jun. 30, 2025
Restructuring Charges [Abstract]  
Restructuring Charges Restructuring and Related 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 related charges of approximately $17 in fiscal 2025. The Company has incurred restructuring and related charges as follows:
Three Months Ended
June 30,
Nine Months Ended
June 30,
2025202420252024
Severance and related costs $5.3 $1.3 $5.8 $6.3 
Asset write-off and accelerated depreciation— — 1.1 0.3 
Consulting, project implementation and management, and other exit costs2.9 1.9 7.6 6.6 
Total restructuring and related charges (1)
$8.2 $3.2 $14.5 $13.2 

(1) Restructuring and related charges of $0.6 are included within Selling, general and administrative expense (“SG&A”) for both the three and nine months ended June 30, 2025. Restructuring and related charges of $0.1 are included within SG&A for the three and nine months ended June 30, 2024.
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 related charges of $27 in fiscal 2025 and is expected to be completed by the second quarter of fiscal 2026.

Three Months Ended
June 30,
Nine Months Ended
June 30,
2025202420252024
Severance and related benefit costs (1)
$0.3 $— (0.2)— 
Asset write-off and accelerated depreciation1.2 — 1.8 — 
Consulting, project implementation and management, and other exit costs8.1 — 18.1 — 
Total restructuring and related charges (2) (3)
$9.6 $— $19.7 $— 

(1) Due to natural workforce attrition, the Company recorded an adjustment for the nine months ended June 30, 2025 to the severance accrual as of September 30, 2024.

(2) Restructuring and related charges of $1.2 are included within Cost of products sold for both the three and nine months ended June 30, 2025.

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