earnings
confidence high
sentiment neutral
materiality 0.60
Prestige Consumer Healthcare Q1 revenue $279.3M (+0.8% YoY); reaffirms FY2024 outlook
Prestige Consumer Healthcare Inc.
2024-Q1 EPS reported
$1.06
revenue$279,309,000
- Revenue $279.3M, up 0.8% YoY (1.8% ex-FX); net income $53.3M, diluted EPS $1.06 vs $1.09 prior year.
- North American OTC revenue $246.1M (+1.5%); International OTC $33.2M, down from $34.5M on $1.9M FX headwind.
- Completed $25M share repurchase (~0.4M shares); net debt ~$1.3B, leverage ratio 3.2x.
- Reaffirmed FY2024 outlook: revenue $1,135-1,140M, diluted EPS $4.27-4.32, free cash flow $240M+.
- Free cash flow $46.6M in Q1 vs $57.2M prior year, impacted by working capital timing.