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  "documentTitle": "Prestige Consumer Healthcare Inc. (PBH)",
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  "authorName": "Ben Axler",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2020-06-30 00:00:00",
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  "notes": "The chart shows a trend of increasing ACV percentages over time, which the author interprets as a sign of limited future growth potential.",
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      "text": "In 2016, there is evidence PBH struggled to increase market penetration, evident by relatively flat ACVs.",
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      "text": "Percentage Of Products With ACV Greater Than...",
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      "kind": "metric",
      "text": "ACV (All Commodity Volume)",
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      "text": "In 2016, when PBH removed its ACV(1) disclosure, the Company’s brands were showing signs of being heavily penetrated. ACV % implies the percentage of stores which sell the product. As ACV increases the opportunity for growth by offering products in additional stores decreases and organic growth is limited to growing same store sales. In 2016, there is evidence PBH struggled to increase market penetration, evident by relatively flat ACVs.",
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      "text": "1) ACV refers to the All Commodity Volume Food Drug Mass Index. ACV measures the ratio of the weighted sales volume of stores that sell a particular product to all the stores that sell products in that market segment generally\nSource: Company filings, PBH's ACV data",
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      "text": "Signs Of High Market Penetration",
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