Business Context and Reporting Period
Prestige Brands Holdings, Inc. (now Prestige Consumer Healthcare Inc.) filed this Form 8-K on November 1, 2005, reporting events occurring on October 28, 2005. The company is a Delaware corporation headquartered in Irvington, New York.
Key Financial Metrics
This filing reports a specific transaction rather than periodic financial results. The key financial metric disclosed is the acquisition cost of $22.25 million in cash. The filing does not provide revenue, profit, cash flow, margins, debt, or liquidity figures for the reporting period.
Material Changes
- Asset Acquisition: On October 28, 2005, the Company and its subsidiary, The Spic and Span Company, acquired the Chore Boy® line of metal cleaning pads, scrubbing sponges, and non-metal soap pads from Reckett Benckiser Inc. and Reckett Benckiser (Canada) Inc.
- Financing: The acquisition was financed entirely using cash on the Company's balance sheet.
Guidance, Outlook, and Management Commentary
The Company announced it will report fiscal second-quarter sales and earnings on Monday, November 14, 2005, at 7:00 am. Management scheduled a conference call for analysts at 8:30 am on the same day. No specific guidance, risks, or contingencies regarding the acquisition were detailed in this filing text.
Investor Verification Checklist
- Verify the impact of the $22.25 million cash outflow on the Company's liquidity position in the upcoming Q2 earnings report.
- Confirm the integration timeline and expected revenue contribution of the Chore Boy® product line.
- Review the press release (Exhibit 99.1) for additional details on the asset transfer not included in the 8-K summary.