Prestige Consumer Healthcare Q3 Earnings Call Highlights

Profitability metrics were largely in line with expectations previously communicated. Lombardi said gross margin was 55.5% and adjusted diluted EPS was $1.14, consistent with guidance given on the company’s second-quarter call. Sacco said adjusted diluted EPS declined from $1.22 in the prior-year quarter due to lower sales, the timing of advertising and marketing spending, and higher G&A costs.Management characterized the consumer backdrop as challenging and dynamic, citing ongoing changes in where consumer ...