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Prestige Consumer reports Q1 adjusted EPS 90c, consensus 86c

Reports Q1 revenue $267.1M, consensus $260.41M. “We are pleased that our Q1 results exceeded our sales and earnings expectations. First quarter revenues were stronger than expected, primarily due to our ability to move supply-constrained Clear Eyes(R) products to customers earlier than anticipated. Meanwhile, strong cash generation in Q1 allowed us to both continue reducing debt and repurchase shares during the quarter, positioning us well to drive additional shareholder value as the year progresses,” said CEO Ron Lombardi.

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