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flag Prestige Consumer Healthcare lowered its outlook due to weak U.S. OTC demand, supply issues, and inflation.

flag Prestige Consumer Healthcare reported lower-than-expected revenue and earnings for its latest quarter, citing weak demand for over-the-counter products in the U.S., supply chain issues, and increased competition. flag The company cut its full-year outlook, attributing the slump to inflation, shifting consumer spending, and post-pandemic demand changes. flag Despite the challenges, PBH highlighted a strong balance sheet and ongoing investments in digital marketing and e-commerce, while investors remain cautious about its ability to regain momentum.

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