Prestige Consumer Supply Chain Prowess Helps Offset Inflationary Pressures For Record Results

After a company-record FY2022, Prestige CEO Ron Lombardi says future inflationary pressures and supply chain issues should be “manageable.”

• Source: Alamy (Alamy Stock Photo)

Prestige Consumer Healthcare Inc. reported $1.09bn in revenues for its fiscal year 2022, up 15.2%, as its fourth-quarter income jumped more than 45% despite the inflationary pressures as it avoided supply chain and shipping bottlenecks hitting many other consumer health product companies.

Much of the success stems from Prestige’s strategic supply chain sourcing 80% of products from manufacturers in the US and...

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Explore how consumer health is evolving. On the go.

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