Financial GuidanceThe company lowered its financial guidance for the year due to ongoing eye care constraints, impacting expectations.
Sales PerformanceThe need to call down full-year sales and EPS guidance given the knock-on effect of said supply constraint and a recent uneven order pattern at a key retailer, and you have a recipe for a share price pullback.
Supply ConstraintsPBH reported lower-than-expected sales and earnings due to supply constraints in the eye care business, leading to a weaker performance in North America.