I used this product for years, with perfect results. This new formula is awful. The inner core ("lead" for lack of a better term), is weak and crumbles/breaks apart. Everytime you sharpen the pencil, it breaks again. It seems the lead is broken/fragmented within the wood outer shell. As a result, the product is often rendered useless- as large portions of the lead fall out. Leaving you to sharpen the empty shell until you get to another fragment of lead....only for that to fall off too. One batch was so bad, I wasted an entire pencil!
This new formula is so bad that CoverGirl would need to sell this in a 10 pack to equal the standard 2 pack of the old formula! What a shame.....