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Prestige Brands Prepares To Weather Retailers' Inventory Storm

 
• By Malcolm Spicer

The firm's sales of BC, Goody's, Monistat and other consumer health care brands grow 4.3% in North America and 17.8% internationally in its latest quarter. CEO Ron Lombardi says Prestige Brands expects lower volume orders from retailers during the current quarter and early 2017.

Prestige Brands Holdings Inc. reached company-record sales in its latest quarter even as their customers slowed inventory buildups, a trend the firm says it is better-positioned to manage than during previous periods of slumps in retailer purchasing.

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