Prestige Consumer Healthcare Inc. (NYSE:PBH) Q1 2024 Earnings Conference Call August 3, 2023 8:30 AM ET

Company Participants

Phil Terpolilli - VP, IR and Treasury

Ron Lombardi - CEO

Christine Sacco - CFO

Conference Call Participants

Susan Anderson - Canaccord Genuity

Rupesh Parikh - Oppenheimer & Co

Jon Andersen - William Blair

Mitchell Pinheiro - Sturdivant & Co.

Operator

Good day and thank you for standing by. Welcome to the Q1 2024 Prestige Consumer Healthcare, Inc. Earnings Conference Call.

At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Phil Terpolilli, VP of Investor Relations and Treasury. Please go ahead.

Phil Terpolilli

Thanks, operator, and thank you to everyone who's joined today. On the call with me are Ron Lombardi, our Chairman, President and CEO; and Christine Sacco, our CFO. On today's call, we'll review our first quarter fiscal 2024 results, discuss our full year outlook and then take questions from analysts.

A slide presentation that accompanies today's call can be accessed by visiting prestigeconsumerhealthcare.com, clicking on the Investors link and then on today's webcast and presentation.

Please remember some of the information contained in this presentation today includes non-GAAP financial measures. Reconciliations to the nearest GAAP financial measures are included in our earnings release and our slide presentation.

On today's call, management will make forward-looking statements around risks and uncertainties, which are detailed in a complete safe harbor disclosure on Page Two of the slide presentation that accompanies the call. These are important to review and contemplate. Business environment uncertainty remains heightened due to supply chain constraints, high inflation, which have numerous potential impacts.

This means results could change at any time, and the forecasted impact of risk considerations is the best estimate based on the information available as of today's date. Additional information concerning risk factors and cautionary statements are available in our most recent SEC filings and most recent company 10-K.

I'll now hand it over to our CEO, Ron Lombardi. Ron?

Ron Lombardi

Thanks, Phil. Let's begin on Slide five. We are pleased with our start to the year as Q1 delivered solid results, thanks to our leading brands with continued momentum across our portfolio. We achieved net sales of $279 million in Q1, slightly ahead of what we anticipated back in May.