Prestige Consumer Healthcare is a branded over-the-counter (OTC) healthcare company that owns and markets a portfolio of approximately 20 health and personal care brands. The company focuses on narrow, condition-specific niches such as motion sickness, feminine care, gastrointestinal relief, eye and ear care, and wart treatments. Key brands include Dramamine, Monistat, Summer's Eve, Fleet, Clear Eyes, and Compound W. Prestige sells these products through mass retail, drug stores, food and dollar channels, and e-commerce platforms. Walmart and Amazon are the company's largest customers. Prestige operates through two segments: North American OTC Healthcare and International OTC Healthcare. The company prioritizes brand ownership over manufacturing, outsourcing the majority of its production to third-party contract manufacturers while maintaining oversight of planning and quality control. This structure minimizes capital expenditures and focuses resources on brand management and marketing. The company generates revenue by selling branded products to retailers. Prestige grows through organic brand building, product innovation, and acquisitions of under-marketed consumer health brands. The company also focuses on international expansion, primarily in Australia. Management prioritizes cash flow for brand investment, M&A, share repurchases, and debt reduction.