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Jun 30, 2024

Prestige Consumer Q1 2025 Earnings Report

Prestige Consumer's Q1 2025 results exceeded expectations, driven by strong revenue and cash generation.

Key Takeaways

Prestige Consumer Healthcare reported first quarter fiscal 2025 results with revenue of $267.1 million and EPS of $0.98. The company reaffirmed its full-year fiscal 2025 revenue, earnings, and cash flow outlook. Strong cash generation allowed for debt reduction and share repurchases.

Revenue of $267.1 million exceeded expectations.

EPS reached $0.98 and adjusted EPS was $0.90.

Cash from operations increased by 13.9% year-over-year to $54.8 million.

The company reaffirmed its full-year fiscal 2025 outlook for revenue, earnings, and cash flow.

Total Revenue
$267M
Previous year: $279M
-4.4%
EPS
$0.9
Previous year: $1.06
-15.1%
Organic Revenue Growth
-4.3%
Net Debt
$1.07B
Leverage Ratio
2.8
Gross Profit
$140M
Previous year: $155M
-9.3%
Cash and Equivalents
$34.3M
Previous year: $54.6M
-37.2%
Free Cash Flow
$53.6M
Previous year: $46.6M
+15.0%
Total Assets
$3.31B
Previous year: $3.35B
-1.1%

Prestige Consumer

Prestige Consumer

Prestige Consumer Revenue by Segment

Forward Guidance

The company reaffirmed its fiscal 2025 outlook for sales, adjusted earnings, and cash flow, expecting supply chain challenges to gradually improve and enable full-year adjusted EPS growth of 5% to 6%.

Positive Outlook

  • Reaffirming fiscal 2025 outlook for sales.
  • Reaffirming fiscal 2025 outlook for adjusted earnings.
  • Reaffirming fiscal 2025 outlook for cash flow.
  • Consumption remains healthy for the portfolio.
  • Supply chain challenges are expected to gradually improve.

Challenges Ahead

  • Supply chain challenges impacted Q1 revenues.
  • Revenue decreased 4.4% from the prior year.
  • Clear Eyes supply was limited.
  • Cough & Cold category declined.
  • Women’s Health category declined.

Revenue & Expenses

Visualization of income flow from segment revenue to net income