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Earnings Call Summary | Prestige Consumer Healthcare(PBH.US) Q4 2024 Earnings Conference

Earnings Call Summary | Prestige Consumer Healthcare(PBH.US) Q4 2024 Earnings Conference

财报电话会议摘要 | Prestige Consumer Healthcare (PBH.US) 2024 年第四季度财报会议
moomoo AI ·  05/15 14:36  · 电话会议

The following is a summary of the Prestige Consumer Healthcare Inc (PBH) Q4 2024 Earnings Call Transcript:

以下是Prestige Consumer Healthcare Inc(PBH)2024年第四季度财报电话会议记录摘要:

Financial Performance:

财务业绩:

  • Prestige's Q4 performance fell short due to supply chain pressures and unfulfilled retailer orders but still generated a free cash flow of approximately $240 million for the full year.

  • The company achieved significant deleveraging with a year-end leverage ratio of 2.8, the lowest in its history.

  • Fiscal 2024 revenue and adjusted EPS remained unchanged compared to the previous year with Q4 experiencing a revenue drop of 2.9% organically.

  • For fiscal '25, the revenue is expected to range from $1.125 - $1.140 billion with an organic revenue growth of approximately 1%.

  • The company plans to initiate a multiyear $300 million share repurchase program with similar cash generation as '24.

  • 由于供应链压力和零售商订单未完成,Prestige第四季度的业绩表现不佳,但全年仍创造了约2.4亿美元的自由现金流。

  • 该公司实现了大幅去杠杆化,年终杠杆率为2.8,为历史最低水平。

  • 与上年相比,2024财年的收入和调整后的每股收益保持不变,第四季度收入有机下降了2.9%。

  • 25财年的收入预计将在11.25亿美元至11.40亿美元之间,有机收入增长约1%。

  • 该公司计划启动一项为期多年的3亿美元股票回购计划,其现金产生与24年相似。

Business Progress:

业务进展:

  • In response to supply chain disruptions, the company is implanting a supply chain continuity strategy and has started commercial production of certain Monistat products.

  • The international segment witnessed a 10% organic revenue growth and contributes around 15% of the company's sales.

  • Despite current setbacks, Prestige anticipates strong consumption growth and expects e-commerce growth through strategic investment.

  • With supply chain issues for Clear Eyes brand and disruptions in Women's Health category, the company foresees recovery over the first half of fiscal '25.

  • The company Board approved a $300 million multiyear stock buyback plan aimed at offsetting share dilution, and they are considering disciplined M&A as a secondary priority.

  • 为了应对供应链中断,该公司正在实施供应链连续性战略,并已开始商业化生产某些Monistat产品。

  • 国际分部实现了10%的有机收入增长,贡献了公司销售额的15%左右。

  • 尽管目前遇到了挫折,但Prestige预计消费将强劲增长,并预计通过战略投资实现电子商务增长。

  • 由于Clear Eyes品牌的供应链问题以及女性健康类别的中断,该公司预计25财年上半年将出现复苏。

  • 公司董事会批准了一项旨在抵消股票稀释的3亿美元多年期股票回购计划,他们正在考虑将严格的并购作为次要优先事项。

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