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Investigation launched into Prestige Consumer Healthcare over missed earnings and undisclosed acquisition

Market News
25 May 2026
Newsfile Corp
View Source
Bearish
pluang ai news

Levi & Korsinsky has started an investigation into Prestige Consumer Healthcare following the company's failure to meet its Q4 and full-year financial projections, including adjusted gross margin, free cash flow, and adjusted EPS. Additionally, Prestige completed a $150 million acquisition of Australian skin-care firm LaCorium, which was not disclosed during the Q3 earnings call or in forward guidance. The stock price dropped sharply after these disclosures. Investors who suffered losses may consider legal action under federal securities laws.

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