The information contained in this Current Report on Form 8-K under Item 2.02, including the accompanying Exhibit 99.1, is being furnished pursuant to Item 2.02 of Form 8-K and shall not be deemed to be 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the 'Exchange Act'), or otherwise subject to the liabilities of that section. The information contained in this Current Report on Form 8-K under Items 2.02, including the accompanying Exhibit 99.1, shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, except as shall be expressly set forth by specific reference in such a filing. 'We made progress on our top-line performance in the first quarter of fiscal 2016.  Organic net sales grew 50 basis points, driven by a return to growth in North America,' said David Hatfield, Edgewell's President and Chief Executive Officer.  'Solid underlying growth enabled us to overcome the impact of ongoing international go-to-market changes, and we continued to make progress on our key initiatives for 2016.  This positive start to the year reinforces our view that we are taking the right steps to position Edgewell for future growth and value creation.'

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Net sales were $495 million in the quarter, a decrease of 7.9%. Organic net sales grew 0.5%, driven by growth in Wet Shave and Sun and Skin Care. Wet Shave sales were primarily driven by growth in North America, and Sun and Skin Care increases were led by strong performance in Asia Pacific. Organic net sales in North America were up 2.7%, while organic net sales outside North America were down 2.1%, primarily due to go-to-market impacts. Excluding estimated international go-to-market impacts of $13 million, underlying sales were up 2.9%. Selling, general and administrative expense ('SG&A') was $100.4 million, or 20.3% of net sales, compared to $133.5 million, or 24.9% of net sales. Included within the current quarter results were pre-tax costs of $7.3 million related to the spin-off of the Company's Household Products business in July 2015.

Excluding these spin-off costs, SG&A as a percent of net sales was 18.8%, including amortization of intangible assets not allocated to the segments. Sap authorizations made easy pdf. Historical SG&A results on a continuing operations basis include certain costs associated with supporting the Household Products business that were not eligible to be reported in discontinued operations.