05.13.10
Prestige Brands Holdings—owner of OTC healthcare products, Cutex nail polish remover and Spic and Span cleaner—said total revenues for the fourth fiscal quarter were $71.4 million, a 4% gain over the fourth quarter of fiscal 2009. Sales of household cleaning products segments showed a slight gain, however personal care revenues slid, according to the Irvington, NY-based company.
The firm’s household cleaning products unit recorded sales of $27 million, up slightly from the comparable period one year ago. Sales increases in the Spic and Span and Chore Boy brands were offset by a slight decline by Comet, according to the company.
On the personal care side, fourth quarter sales were $1.8 million, 14% below last year’s fourth fiscal quarter. The company attributed the loss mainly to a drop in Cutex's sales.
Reported net income for the fourth fiscal quarter was $3.3 million compared to a loss of $211.1 million in the prior year comparable quarter.
For the fiscal year ended March 31, 2010, total sales were $302 million, slightly below the prior fiscal year. Net income was $32.1 million compared to a loss of $186.8 million in 2009.
The firm’s household cleaning products unit recorded sales of $27 million, up slightly from the comparable period one year ago. Sales increases in the Spic and Span and Chore Boy brands were offset by a slight decline by Comet, according to the company.
On the personal care side, fourth quarter sales were $1.8 million, 14% below last year’s fourth fiscal quarter. The company attributed the loss mainly to a drop in Cutex's sales.
Reported net income for the fourth fiscal quarter was $3.3 million compared to a loss of $211.1 million in the prior year comparable quarter.
For the fiscal year ended March 31, 2010, total sales were $302 million, slightly below the prior fiscal year. Net income was $32.1 million compared to a loss of $186.8 million in 2009.