Market Exclusive

PRESTIGE BRANDS HOLDINGS, INC. (NYSE:PBH) Files An 8-K Regulation FD Disclosure

PRESTIGE BRANDS HOLDINGS, INC. (NYSE:PBH) Files An 8-K Regulation FD DisclosureItem 7.01 Regulation FD Disclosure.

On December 28, 2016, Prestige Brands Holdings, Inc. (the “Company”) announced the sale of its e.p.t® brand to Nutrition & Fitness, Inc. The e.p.t® brand is considered part of the Company’s non-core portfolio, and the impact to the Company’s financials from the sale of the brand is not material to the Company’s results as fiscal year 2016 sales represented approximately $14 million in revenues for Prestige, or less than 2% of Company sales during that timeframe. The Company estimates that it will record a net loss on the sale of e.p.t.® between $5.0 and $7.5 million subject to finalizing intangible calculations and taxes.

 

 

About PRESTIGE BRANDS HOLDINGS, INC. (NYSE:PBH)
Prestige Brands Holdings, Inc. is engaged in the marketing, sales and distribution of over-the-counter healthcare and household cleaning products. The Company operates through three segments: North American Over-the-Counter (OTC) Healthcare; International Over-the-Counter Healthcare, and Household Cleaning. Its portfolio of OTC healthcare products includes core brands, such as DenTek specialty oral care products, Monistat women’s health products, Nix lice treatment, Chloraseptic sore throat treatments, Clear Eyes eye care products, Compound W wart treatments, The Doctor’s NightGuard dental protector, Little Remedies pediatric over-the-counter products, Efferdent denture care products, Luden’s throat drops, Dramamine motion sickness treatment, BC and Goody’s pain relievers, Beano gas prevention, Debrox earwax remover, and Gaviscon antacid. The Company’s portfolio of Household Cleaning brands includes the Chore Boy, Comet and Spic and Span brands. PRESTIGE BRANDS HOLDINGS, INC. (NYSE:PBH) Recent Trading Information
PRESTIGE BRANDS HOLDINGS, INC. (NYSE:PBH) closed its last trading session down -0.47 at 51.92 with 412,446 shares trading hands.

Exit mobile version