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Prestige Posts Fiscal 2008, 4Q Results

Quarterly revenue up 3%, net income up 24%

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By: TOM BRANNA

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Prestige Brands Holdings, Inc. announced results for the fourth quarter and fiscal year ended March 31, 2008. The company reported revenues of $80.4 million for the quarter ended March 31, 2008—a 3% increase over the comparable quarter of the prior fiscal year. According to Prestige, the quarter’s revenue increase was driven by sales increases in the company’s household products segments. Operating income of $24.8 million for the fourth fiscal quarter was 10% above the prior year.  Net income...

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