Business in the Burbs

Prestige Brands earnings rise 24 percent

May

Prestige Brands Holdings Inc. reported net income rose in the companyâ€™s fiscal fourth quarter, which ended March 31, to $10.4 million, up 24 percent from the $8.4 million it reported a year ago.

On a per-share basis, the Irvington-based maker of familiar household products reported it earned 21 cents a share, compared to 17 cents a share in the year-ago quarter.

Revenues, Prestige Brands said, rose to $80.4 million, up 3 percent from $78 million a year ago.

The revenue increase was driven by improved sales of the companyâ€™s over-the-counter health care and household products segments, said Prestige, whose products include Comet cleanser, Compound W wart remover and Prell shampoo.

This entry was posted on Thursday, May 15th, 2008 at 12:54 pm by David Schepp. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Consumer, Earnings season, Household, Products

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