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Segment and Geographical Data (Tables)
12 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Schedule of Segment Disclosures
Segment net sales, significant segment expenses and profitability are presented below:
Wet ShaveSun and Skin CareFeminine CareTotal
2025
Net sales$1,218.9 $743.1 $261.5 $2,223.5 
Cost of products sold682.8 420.6 188.4 1,291.8 
Other operating expenses (1)
345.8 224.1 57.5 627.4 
Segment profit190.3 98.4 15.6 304.3 
2024
Net sales$1,229.3 $740.8 $283.6 $2,253.7 
Cost of products sold692.0 400.0 189.4 1,281.4 
Other operating expenses (1)
333.4 209.5 65.4 608.3 
Segment profit$203.9 $131.3 $28.8 $364.0 
2023
Net sales$1,230.9 $705.5 $315.2 $2,251.6 
Cost of products sold724.6 383.2 205.5 1,313.3 
Other operating expenses (1)
348.0 184.9 60.0 592.9 
Segment profit$158.3 $137.4 $49.7 $345.4 
(1) Includes SG&A, A&P and R&D costs, which are not regularly provided to the CODM by segment, but included within the measure of segment profit reviewed by the CODM.
Fiscal Year
202520242023
Wet Shave$190.3 $203.9 $158.3 
Sun and Skin Care98.4 131.3 137.4 
Feminine Care15.6 28.8 49.7 
Segment Profit304.3 364.0 345.4 
Corporate expenses:
General corporate expenses(54.1)(65.7)(68.7)
Amortization of intangibles(31.1)(31.1)(30.8)
Interest and other expense, net(76.2)(75.3)(71.4)
Restructuring and related costs (1)
(53.1)— (36.0)— (17.1)
Acquisition and integration costs (2)
(0.5)— (6.1)— (7.5)
Sun Care reformulation costs (3)
(3.5)— (4.4)— (1.9)
SKU rationalization (4)
— — 1.7 
Wet Ones manufacturing plant fire (5)
— — (12.2)— — 
Legal matters (6)
— — (3.9)— 6.3 
Gain (loss) on investment (7)
0.9 — (3.1)— — 
Commercial realignment (8)
(2.9)— — — — 
Vendor bankruptcy (9)
(2.1)— — — — 
Impairment charges (10)
(51.1)— — 
Pension settlement expense (11)
— — (7.9)
Other project and related costs (12)
(7.0)— (5.3)— (0.4)
Total earnings before income taxes$23.6 $120.9 $147.7 
(1)Includes Restructuring and related costs of $3.5, nil and $0.2 included within COGS and $1.7, $0.1 and $0.3 within SG&A for fiscal 2025, 2024 and 2023, respectively, related to actions to strengthen our operating model.
(2)Includes COGS of nil, $3.3, and nil for fiscal 2025, 2024 and 2023, respectively and SG&A of $0.5, $2.8, and $7.5 for fiscal 2025, 2024 and 2023, respectively, related to costs associated with the acquisition of Billie, Inc. on November 29, 2021.
(3)Includes pre-tax research and development (“R&D”) costs of $3.5, $4.4 and $3.3 for fiscal 2025, 2024 and 2023 related to the reformulation, recall, and destruction of certain Sun Care products. In fiscal 2023, we released a reserve of $1.4 related to certain accrued expenses associated with the recall and destruction of certain Sun Care products, within COGS.
(4)In fiscal 2023, we released a reserve of $1.7 related to certain accrued expenses associated with the write-off of inventory related to these SKUs. Wet Ones products are included within the Sun and Skin Care segment.
(5)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. In fiscal 2024, the Company incurred $12.2, in costs related to incremental material charges, labor and absorption as a result of the fire, within COGS.
(6)Includes pre-tax SG&A of $3.9 for fiscal 2024 for the settlement of certain legal matters. Includes pre-tax income in SG&A of $6.3, net of other costs of $0.8, in fiscal 2023 related to the favorable resolution of legal matters.
(7)Includes pre-tax gain of $0.9 for fiscal 2025 on the fair value measurement of an equity method investment. Includes pre-tax loss of $3.1 for fiscal 2024, on an equity method investment and a related note receivable as a result of a new contractual agreement.
(8)Includes pre-tax Cost of products sold of $2.9 during fiscal 2025 related to a shift in go to market strategy and SKU rationalization.
(9)Includes pre-tax Cost of products sold of $2.1 during fiscal 2025 related to government mandated incremental costs related to a bankruptcy at one of our foreign vendors.
(10) Includes a pre-tax goodwill impairment charge of $51.1 related to the Feminine Care segment
(11) Includes pre-tax Other expense (income), net of $1.8 for fiscal 2023 related to the settlement of the Canada Plan.
(12) Includes pre-tax SG&A of $9.3 and $5.3 for fiscal 2025 and 2024, respectively, related to certain project costs. Includes pre-tax SG&A of $0.4 for fiscal 2023 related to the write off of assets associated with a prior year divestiture. Also includes Other income of $2.3 for fiscal year 2025, related to certain corporate project and other related costs.
Depreciation expense and capital spending by segment were:
Wet ShaveSun and Skin CareFeminine CareCorporateTotal
Depreciation Expense
2025$39.2 $8.4 $10.1 $31.1 $88.8 
2024$35.9 $14.1 $6.8 $31.2 $88.0 
2023$37.1 $15.1 $8.4 $30.8 $91.4 
Capital Expenditures
2025$45.9 $22.2 $8.9 $— $77.0 
2024$33.3 $16.0 $7.2 $— $56.5 
2023$31.2 $12.2 $6.1 $— $49.5 
Schedule of Geographical Segment Information
The following table presents the Company’s net sales and long-lived assets by geographic area:
Fiscal Year
202520242023
Net Sales to Customers
United States$1,204.1 $1,261.8 $1,326.1 
International1,019.4 991.9 925.5 
Total net sales$2,223.5 $2,253.7 $2,251.6 
Long-lived Assets
United States$223.7 $227.9 
Germany100.3 70.3 
Other International108.6 81.7 
Total long-lived assets excluding goodwill and other intangibles, net, and other assets$432.6 $379.9 
Schedule of Supplemental Product Information
Supplemental product information is presented below for net sales:
Fiscal Year
202520242023
Razors and blades$1,104.7 $1,111.0 $1,103.6 
Sun care products458.9 483.6 450.7 
Tampons, pads and liners261.5 283.6 315.2 
Shaving gels and creams114.2 118.3 127.3 
Grooming products200.6 182.9 172.5 
Wipes and other skin care83.6 74.3 82.3 
Total net sales$2,223.5 $2,253.7 $2,251.6