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Energizer Posts Q3 2010 Gain in Personal Care
Posted: July 27, 2010
Energizer Holdings, Inc. announced results that third quarter 2010 net sales for its personal care division were $589.2 million, up $59.7 million or 11% versus the same quarter last year. This increase includes approximately $7 million of favorable currencies and $41 million of Edge and Skintimate shave preparation net sales. Segment profit for the quarter was $95.4 million, up $7.6 million, or 9%, versus the same quarter last year.
Skin care sales decreased 1% due to lower shipments of Wet Ones, more in line with normalized demand post H1N1 consumption peaks. The decline in Wet Ones was partially offset by increased shipments of Banana Boat and Hawaiian Tropic. Infant care sales increased 1%.