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Article: Prestige Brands Holdings, Inc. Reports First Quarter Fiscal 2007 Results; Revenues up 20%; Net Income up 39%; Free Cash Flow Up 121%; Management Reconfirms Previous Expectations.
- Article from:
- Business Wire
- Article date:
- July 31, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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IRVINGTON, N.Y. -- Prestige Brands Holdings, Inc. (NYSE:PBH), a consumer products company with a diversified portfolio of well recognized brands, today announced results for the first quarter of fiscal year 2007, which ended on June 30, 2006. Highlights of the quarter include:
--Total revenues for the first quarter were $75.9 million, an increase of 20% over the prior year comparable period.
--Excluding the impact of acquisitions, revenues were 8% higher than the prior year comparable period.
--Net income of $8.3 million was 39% higher than the prior year comparable period.
--Free cash flow of $21.2 million was 121% higher than the ...