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No Rise in Sales at Prestige for 3Q Report

Brand predicts revenues in line with prior year

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By: TOM BRANNA

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Prestige Brands Holdings, Inc. reports that revenues for the fiscal 2009 third quarter, ended Dec. 31, 2008, are expected to be essentially even with the prior year comparable quarter. These results are largely attributable to a slowing retail environment and trade inventory reductions, according to the company. Mark Pettie, chairman and chief executive officer, commented, “In today’s challenging economic climate, we are generally satisfied that our total revenues are expected to ...

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