Look, I think your commentary around flights being canceled, travel potentially at risk to some tourism markets here in the second half behind higher oil, or maybe, you know, jet fuel not available in some cases. We've got line of sight to those risks.

May 6, 2026 / receipt, needs a key / Rod, CEO | earnings call 2026-05-06 | transcript fb07c9be-749b-4387-b786-fb7b88b5bcdd | chars 30539-30791 | segment 31

And we've adjusted that for all the reasons Rod described to be more like low single-digit growth. That's the main sort of change in our thinking, and it's all based on consumer sentiment, discretionary spend, leisure travel spend.

May 7, 2025 / receipt, needs a key / Frank, other | earnings call 2025-05-07 | transcript 1967abf0-3f40-4282-9dcb-0941a590a9bb | chars 47703-47934 | segment 48

We are already seeing this impact in travel and leisure spend, which we anticipate will impact our sun care category, both in the U.S. and in key tourism markets internationally.

May 7, 2025 / receipt, needs a key / Rod Little, CEO | earnings call 2025-05-07 | transcript 1967abf0-3f40-4282-9dcb-0941a590a9bb | chars 9239-9417 | segment 8

But we do have a little bit of a pause when you look at travel, statistics and spending on airfare, you know, a lot of our consumption is around occasion-based that goes with tourism and vacations and travel.

May 7, 2025 / receipt, needs a key / Rod, other | earnings call 2025-05-07 | transcript 1967abf0-3f40-4282-9dcb-0941a590a9bb | chars 46924-47132 | segment 47

If you look at expected travel patterns, travel is going to be up again is the projection. That will be good.

May 8, 2024 / receipt, needs a key / Rod, other | earnings call 2024-05-08 | transcript e27b6545-1622-4536-953e-642274768fda | chars 22246-22355 | segment 22

In contrast to the weather-driven challenges in the U.S. sun category, consumption in our international markets was very strong, as travel and leisure activity remained robust and weather has been favorable. Across key European markets, as well as Australia and Mexico, we saw over 30% consumption growth. helping to drive over 20% organic sun care growth for our international business.

Aug 3, 2023 / receipt, needs a key / Dan Sullivan, CFO | earnings call 2023-08-03 | transcript 5f560793-38e1-4923-ba6a-1f893131d644 | chars 11297-11684 | segment 11

Adjusted SG&A decreased 20 basis points versus last year as the benefits of leverage and operational efficiency programs more than offset the impact of higher people costs and travel expense.

Aug 3, 2023 / receipt, needs a key / Dan Sullivan, CFO | earnings call 2023-08-03 | transcript 5f560793-38e1-4923-ba6a-1f893131d644 | chars 14644-14835 | segment 14

In our international markets, categories are strengthening in most geographies, especially in key sun care markets within Southern Europe, Oceania, and Latin America, as travel and leisure activity remain robust.

May 9, 2023 / receipt, needs a key / Dan Sullivan, CFO | earnings call 2023-05-09 | transcript f08bb10a-7493-4219-b6fd-e576e9959aff | chars 11159-11371 | segment 11

International sun care sales increased over 68%, as a return to travel and leisure activity drove demand recovery, led by key markets in Latin America and Oceania.

Feb 8, 2023 / receipt, needs a key / Dan Sullivan, CFO | earnings call 2023-02-08 | transcript c2769031-329b-4936-ac2a-0126917f6ccb | chars 13463-13626 | segment 13

In international markets, we are seeing improving category health in many markets, especially in key suncare markets within Oceania and Latin America, as travel and leisure continue to return to pre-pandemic levels.

Feb 8, 2023 / receipt, needs a key / Dan Sullivan, CFO | earnings call 2023-02-08 | transcript c2769031-329b-4936-ac2a-0126917f6ccb | chars 11113-11328 | segment 11

International sun care sales increased over 64 percent, as a return to travel and leisure activity drove demand recovery.

Nov 10, 2022 / receipt, needs a key / Dan Sullivan, Chief Financial Officer | earnings call 2022-11-10 | transcript 887e5b93-ae4f-4ee6-837b-8b06b6dcc80f | chars 16542-16663 | segment 17

And then as we get into Asia, that's the part of the world that's lagging on reopening. We are starting to see some progress in some of the Asian markets with some of the markets outside of China opening up, being more friendly for international travelers coming in to those markets. And again, I expect that to continue to be a help to our business over 23 and 24 and beyond.

Nov 10, 2022 / receipt, needs a key / Rod, CEO | earnings call 2022-11-10 | transcript 887e5b93-ae4f-4ee6-837b-8b06b6dcc80f | chars 31978-32354 | segment 33

Relentless Cost Management

ir_statement / Sep 15, 2026 / receipt

Disciplined, prioritized investment cadence

ir_statement / Sep 15, 2026 / receipt

Next level cost reduction

ir_statement / Sep 15, 2026 / receipt

Strong FCF generation provides optionality for the business

ir_statement / Sep 15, 2026 / receipt

Disciplined cost management to ensure sales leverage for SG&A

ir_statement / Sep 15, 2026 / receipt

Productivity and efficiency efforts continued in FY22-F23 with additional ~$120M (1)program savings across both COGS and SG&A

ir_statement / Sep 15, 2026 / receipt

Project Fuel: Enterprise-wide effort that delivered ~$280M in gross savings over a three-year period (FY19-F21)

ir_statement / Sep 15, 2026 / receipt

Controlling the Controllables to Mitigate Significant Inflation and FX Headwinds

ir_statement / Sep 15, 2026 / receipt

Cumulative Gross Margin Benefit from Gross Cost Savings

ir_statement / Sep 15, 2026 / receipt

Disciplined Cost Control

ir_statement / Sep 15, 2026 / receipt

Accelerated Growth From Right to Win Categories, Through Market Expansion in Europe, Mexico and Oceania

ir_statement / Sep 15, 2026 / receipt

Invest to Win in Core European Shave Markets

ir_statement / Sep 15, 2026 / receipt