International Business Growth
The international segment experienced a 2% organic growth, marking the fifth consecutive quarter of organic sales growth and the eleventh in the last twelve quarters, with a three-year CAGR of nearly 8%.
Strong Performance of Billy and Cremo Brands
The Billy brand gained 230 basis points in women's shave market share, now holding a 15% share at Walmart and over 10% nationally. Cremo brand saw a 20% organic growth driven by range expansion and retail execution.
Improved Operational Execution
Productivity savings of 340 basis points exceeded expectations, leading to an 80 basis point accretion in constant currency gross margin. Service levels and in-stock positions significantly improved.
Strong International Sun Care Performance
Sun care market share increased in Australia and Mexico. Innovation and strong brand activation drove results, with new product launches in Japan, Europe, and other markets.