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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

業績電話會議摘要 | Prestige Consumer Healthcare (PBH.US) 2024 年第四季度業績會議
moomoo AI ·  05/15 14:36  · 電話會議

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年第四季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • 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.

  • 由於供應鏈壓力和零售商訂單未完成,Prestige第四季度的業績表現不佳,但全年仍創造了約2.4億美元的自由現金流。

  • 該公司實現了大幅去槓桿化,年終槓桿率爲2.8,爲歷史最低水平。

  • 與上年相比,2024財年的收入和調整後的每股收益保持不變,第四季度收入有機下降了2.9%。

  • 25財年的收入預計將在11.25億美元至11.40億美元之間,有機收入增長約1%。

  • 該公司計劃啓動一項爲期多年的3億美元股票回購計劃,其現金產生與24年相似。

Business Progress:

業務進展:

  • 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.

  • 爲了應對供應鏈中斷,該公司正在實施供應鏈連續性戰略,並已開始商業化生產某些Monistat產品。

  • 國際分部實現了10%的有機收入增長,貢獻了公司銷售額的15%左右。

  • 儘管目前遇到了挫折,但Prestige預計消費將強勁增長,並預計通過戰略投資實現電子商務增長。

  • 由於Clear Eyes品牌的供應鏈問題以及女性健康類別的中斷,該公司預計25財年上半年將出現復甦。

  • 公司董事會批准了一項旨在抵消股票稀釋的3億美元多年期股票回購計劃,他們正在考慮將嚴格的併購作爲次要優先事項。

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