Rod R. Little
you, morning, and Thank David, good everyone.
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a Fuel, before for the Project the outlook Project to to few year, on our of Fuel me Moving make rest fiscal on getting comments let financials.
anticipated productivity is existing Project as changes mentioned, It corporate G&A global and to going David operations, builds Fuel enterprise-wide include organizations. line to and footprint and and and P&L. every commercial incorporates our as effort an our This the it sales, on to supply and As changes efforts. is ZBS is touch effort well structural of chain
Project of that $XXX well in capital of through approximately to fiscal $XXX investment. as savings of fiscal the $XX one-time estimate element and and million to restructuring the the $XXX anticipate with be A&P through year initiatives end one-time by million total Fuel strategic end The investments the to increased an XXXX. will We additional brands million including the to the expected fuel majority million used For our of in pre-tax we The as Fuel, charges capabilities, gross $XX fiscal end incurred be of of savings the be year. will generated achieve Project XXXX growth to million investment charges are XXXX. trade
overall other inflation will of costs, company. the and the also offset fuel improve operational from and headwinds the input importantly, expect We profitability help savings
of the the have solution are implementation now detailed to initial We project completed design assessment phase. moving the and and phase
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in sales trade Shave quarter impact Japan Wet profit. significant primarily net reduction and a that the First, in inventory will third
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related to changes, these unfavorable mix in expect to XXX Shave our and points the now is basis half brand margin related we gross primarily Roughly compared margin, strategic we to approximately of prior and initiatives. spending, are product investments by operating Wet to building half the in is With equity be maintaining driven and where decline down growth price year. year-over-year our
the net the Jack gain the $X.XX for to Our range the $X.XX, Black integration outlook GAAP and Tax sale EPS is including associated of the Playtex business, the the costs, provisional U.S. now in of Act, charge with gloves related to costs Project Fuel.
midpoint EPS Our the third to $X.XX performance. $X.XX reduction that of to attributable are is outlook for now expectations compared adjusted $X.XX, down to the quarter range outlook. of our of previous the our $X.XX at Approximately
remainder year, quarter. fiscal sales the the several favorable As margin gross year this fiscal and year's you're mind items fourth last the positively to and dynamics that modeling keep goods related impact in of cost in quarter sales fourth sold of unique XXXX will please
our consistent and of the importance Looking reliable forward, forward-looking being in fully understand projections. we delivering against
the that our financial of In our and being large consistent the and at our of progress. understand our track investors objectives financial easily recognize delivery and transparent ensuring can also importance to we objectives, addition financial community
We ahead on are open With questions. about forward up to look excited Operator? we value for creation and that, our what executing we'll lies it plans.
