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  "documentTitle": "Prestige Consumer Healthcare Inc. (PBH)",
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  "authorName": "Ben Axler",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2020-06-30 00:00:00",
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      "kind": "callout",
      "text": "Financial Metrics Deteriorated",
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      "text": "Boulder Brands, under Sacco's financial and accounting leadership, experienced similar financial strain leading up to its collapse as PBH faces today.",
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      "text": "EBITDA margin: 6.8%",
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      "text": "Boulder Brands, under Sacco's financial and accounting leadership, experienced similar financial strain leading up to its collapse as PBH faces today. Prior to its eventual acquisition, Boulder's revenue and EBITDA were declining. Boulder's working capital metrics deteriorated as DSOs, DIOs and cash conversion exploded, and inventory built up on the Company's balance sheet. We believe PBH will likely suffer a similar fate.",
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      "text": "Source: Capital IQ",
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      "text": "Boulder Brands' Financials table showing Revenue, EBITDA, and working capital metrics from 2012-2015.",
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      "text": "Boulder Brands' Historical Financial Strain",
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