earnings
confidence high
sentiment positive
materiality 0.75
Prestige Q2 revenue $289.3M (+4.7% YoY), EPS $1.02; reaffirms FY2023 outlook
Prestige Consumer Healthcare Inc.
2023-Q2 EPS reported
$2.11
revenue$566,332,000
- Record Q2 revenue $289.3M (+4.7% YoY, +5.5% ex-currency); diluted EPS $1.02, ahead of expectations.
- International OTC segment revenue $37.2M (+51.9% YoY) driven by Hydralyte demand.
- Reduced debt by $35M; leverage ratio 3.7x; completed $50M share repurchase program.
- Reaffirms FY2023 outlook: revenue $1.12-1.13B, diluted EPS $4.18-4.23, FCF $260M+.