Latest news with #HelenOfTroy
Yahoo
5 days ago
- Business
- Yahoo
Helen of Troy First Quarter 2026 Earnings: Misses Expectations
Revenue: US$371.7m (down 11% from 1Q 2025). Net loss: US$450.7m (down from US$6.20m profit in 1Q 2025). US$19.65 loss per share (down from US$0.26 profit in 1Q 2025). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) was also behind analyst expectations. Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 4.1% growth forecast for the Consumer Durables industry in the US. Performance of the American Consumer Durables industry. The company's shares are down 31% from a week ago. It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Helen of Troy (at least 1 which shouldn't be ignored), and understanding these should be part of your investment process. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
6 days ago
- Business
- Yahoo
Helen Of Troy Ltd (HELE) Q1 2026 Earnings Call Highlights: Navigating Challenges with Strategic ...
Consolidated Net Sales: Decreased 10.8% year-over-year. Organic Net Sales: Decreased by 17.3% excluding Olive and June. Gross Profit Margin: Decreased 160 basis points to 47.1%. SG&A Ratio: Increased 420 basis points. GAAP Operating Loss: $407 million, primarily due to noncash impairment charges. Adjusted Operating Margin: Decreased 600 basis points to 4.3%. Non-GAAP Adjusted EPS: $0.40 compared to $0.99 in the same period last year. Free Cash Flow: $45 million compared to $16 million last year. Inventory Balance: $484 million, approximately $40 million higher than last year. Total Debt: $871 million, a sequential decrease of $46 million. Net Debt Ratio: Just over 3.1 times. Home & Outdoor Net Sales Decline: 10.3% with 6.7 percentage points due to tariff-related disruption. Beauty & Wellness Net Sales Decline: 11.3% with 9.7 percentage points due to tariff-related disruption. Osprey Revenue Growth: 3.7% with point-of-sale growth of 3.8%. Curlsmith Revenue Growth: 17%. Olive and June Revenue: Incremental revenue of $26.8 million. Warning! GuruFocus has detected 7 Warning Signs with HELE. Release Date: July 10, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Helen Of Troy Ltd (NASDAQ:HELE) is focusing on five key priorities to rebuild its platform for profitable growth, including restoring confidence within the organization and improving go-to-market effectiveness. The company is seeing positive underlying improvements, such as US point-of-sale unit growth in 8 out of 11 key brands and strong category growth in areas like prestige hair liquids and air purifiers. Helen Of Troy Ltd (NASDAQ:HELE) reported strong free cash flow of $45 million compared to $16 million in the same period last year. The company is making significant progress on tariff mitigation plans, including building out Southeast Asia sourcing capabilities and implementing strategic price increases. Helen Of Troy Ltd (NASDAQ:HELE) is expanding distribution for brands like Hydro Flask and Osprey in the EMEA and Asia Pacific regions, indicating growth potential in international markets. Q1 results were well below expectations, with a 10.8% consolidated revenue decline, primarily due to tariff-related disruptions. The company is experiencing consumer trade-down behavior, with average price compression of 3% to 4% in the US business, impacting revenue and profitability. Tariff-related impacts are expected to persist into the second quarter, contributing to continued revenue challenges. Helen Of Troy Ltd (NASDAQ:HELE) is not providing a full-year outlook due to ongoing uncertainty related to tariffs and their potential impact on revenue and costs. The company is facing broader demand softness across categories, driven by shifts in consumer behavior and economic uncertainty, leading to cautious retailer ordering patterns. Q: Can you provide more details on your pricing strategy and how you are considering elasticity in the current environment? A: Brian Grass, Interim CEO: We are implementing average price increases across our portfolio ranging from 7% to 10%, with individual product increases varying from 0% to 15%. We are making conservative elasticity assumptions due to the challenging environment. Tracy Scheuerman, Interim CFO, added that pricing is selective by brand, considering the category's nature and country of origin. Q: How should we think about the long-term earnings power of the business given the current challenges? A: Brian Grass, Interim CEO: The first half of the fiscal year is heavily impacted by tariffs, but we expect improvements in the second half due to pricing actions and other mitigations. The existing consensus estimate for the full year is not unreasonable, but the cadence of results will differ, with more headwinds in the first half and tailwinds in the second half. Q: Can you elaborate on the retail distribution gains expected in the second half? A: Tracy Scheuerman, Interim CFO: We are expanding distribution in Walmart for blood pressure monitors and increasing distribution for Hydro Flask and Osprey in EMEA and Asia Pacific regions. There are some reductions in footprint within the Outdoor segment and adjusted retail levels in Beauty appliances, but overall, we expect net distribution gains. Q: What is the status of the CEO search process, and what qualities is the Board looking for in the next leader? A: Brian Grass, Interim CEO: The Board is leading the search, focusing on candidates with experience in brand building and growth. They seek someone who believes in the growth potential of the business and can drive it forward. Meanwhile, we are not standing still and are focusing on product-driven growth. Q: How are your brands performing at retail, and what is the consumer response? A: Brian Grass, Interim CEO: We saw positive unit point-of-sale growth in 8 out of 11 brands, indicating consumer interest. However, dollar POS was down, reflecting consumer trade-down behavior. We need to improve dollar performance, but unit growth is a positive leading indicator. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
7 days ago
- Business
- Yahoo
Helen of Troy Limited Reports First Quarter Fiscal 2026 Results
Consolidated Net Sales Decline of 10.8%GAAP Diluted Loss Per Share of $19.65Adjusted Diluted Earnings Per Share of $0.41Cash Flow from Operations of $58.3 Million; Free Cash Flow (1)(2) of $45.0 Million Provides Second Quarter Fiscal 2026 Outlook:Consolidated Net Sales of $408-$432 MillionAdjusted Diluted Earnings Per Share of $0.45-$0.60 (13) EL PASO, Texas, July 10, 2025--(BUSINESS WIRE)--Helen of Troy Limited (NASDAQ: HELE), designer, developer, and worldwide marketer of branded consumer home, outdoor, beauty, and wellness products, today reported results for the three-month period ended May 31, 2025. Executive Summary - First Quarter of Fiscal 2026 Compared to Fiscal 2025 Consolidated net sales revenue of $371.7 million compared to $416.8 million Gross profit margin of 47.1% compared to 48.7% Operating margin of (109.5)%, which includes non-cash asset impairment charges(6) of $414.4 million, compared to 7.4% Non-GAAP adjusted operating margin of 4.3% compared to 10.3% GAAP diluted loss per share of $19.65 compared to diluted earnings per share of $0.26 Non-GAAP adjusted diluted earnings per share of $0.41 compared to $0.99 Net cash provided by operating activities of $58.3 million compared to $25.3 million Non-GAAP adjusted EBITDA margin of 6.9% compared to 12.6% Mr. Timothy F. Meeker, Chairman of the Board of Directors, stated: "The Board's process to identify our next CEO is well underway with the support of a leading global executive search firm and we are encouraged by the progress thus far. We continue to prioritize selecting a CEO who has demonstrated success in leading a highly diversified global organization, has the ability to bolster our brands and inspire top talent to capitalize on Helen of Troy's growth opportunities, and who closely aligns with our strong belief that Helen of Troy has tremendous potential. As we continue our search, we have confidence in our interim CEO Brian Grass, his dedication to Helen of Troy, and his commitment to improving our Company's performance." Mr. Brian L. Grass, interim Chief Executive Officer, stated: "I feel fortunate to have stepped into my role as interim CEO with a strong understanding of our business, our opportunities, and the headwinds we face. I have spent considerable time listening closely to our stakeholders, especially our associates who care deeply about our brands, our purpose, and each other. It is clear that we have to get back to fundamentals and move with greater speed. We are focused on improving our go-to-market effectiveness, simplifying how we operate, refocusing on innovation for more product-driven growth, sharpening our spend, and reinvigorating our culture with resilience and an owner's mindset." Mr. Grass continued: "The first quarter was challenging, with tariff-related impacts making up approximately 8 percentage points of the 10.8% consolidated revenue decline. That said, we are encouraged by underlying business improvements we saw in the quarter including U.S. point-of-sale unit growth in 8 out of our 11 key brands, growth in our DTC business, Osprey, and Curlsmith, and contribution from Olive & June ahead of our expectations. I am also pleased with the progress we are making to mitigate the impact of tariffs, and we now believe we can reduce our fiscal 2026 net tariff impact on operating income to less than $15 million based on tariffs currently in place. I want to thank our entire organization for their dedication and commitment to Helen of Troy's success. I remain optimistic about our future as we create a stronger, healthier, and more agile company." Three Months Ended May 31, (in thousands) (unaudited) Home & Outdoor Beauty & Wellness Total Fiscal 2025 sales revenue, net $ 198,459 $ 218,388 $ 416,847 Organic business (4) (20,657 ) (50,335 ) (70,992 ) Impact of foreign currency 181 (1,221 ) (1,040 ) Acquisition (5) — 26,840 26,840 Change in sales revenue, net (20,476 ) (24,716 ) (45,192 ) Fiscal 2026 sales revenue, net $ 177,983 $ 193,672 $ 371,655 Total net sales revenue growth (decline) (10.3 )% (11.3 )% (10.8 )% Organic business (10.4 )% (23.0 )% (17.0 )% Impact of foreign currency 0.1 % (0.6 )% (0.2 )% Acquisition — % 12.3 % 6.4 % Operating margin (GAAP) Fiscal 2026 (120.1 )% (99.8 )% (109.5 )% Fiscal 2025 8.0 % 6.8 % 7.4 % Adjusted operating margin (non-GAAP) (1) Fiscal 2026 5.0 % 3.7 % 4.3 % Fiscal 2025 10.6 % 10.0 % 10.3 % Consolidated Results - First Quarter Fiscal 2026 Compared to First Quarter Fiscal 2025 Consolidated net sales revenue decreased $45.2 million, or 10.8%, to $371.7 million, compared to $416.8 million, driven by a decrease from Organic business of $71.0 million, or 17.0%. The Organic business decrease was due to a decline in Beauty & Wellness primarily driven by lower sales of thermometers, fans, and hair appliances and a decline in Home & Outdoor primarily resulting from a decrease in home and insulated beverageware sales. The Organic business decline was partially offset by the contribution from the acquisition of Olive & June, LLC ("Olive & June") of $26.8 million, or 6.4%, to consolidated net sales revenue and strong domestic demand for technical packs in Home & Outdoor. Consolidated gross profit margin decreased 160 basis points to 47.1%, compared to 48.7%. The decrease in consolidated gross profit margin was primarily due to the comparative impact of favorable inventory obsolescence expense in the prior year, consumer trade-down behavior, higher retail trade expense and a less favorable brand mix within Home & Outdoor. These factors were partially offset by the favorable impact of the acquisition of Olive & June within Beauty & Wellness and lower commodity and product costs, partly driven by Project Pegasus initiatives. Consolidated selling, general and administrative expense ("SG&A") ratio increased 420 basis points to 45.1%, compared to 40.9%. The increase in the consolidated SG&A ratio was primarily due to higher marketing expense, higher outbound freight costs, CEO succession costs(8) of $3.5 million, the impact of the Olive & June acquisition and the impact of unfavorable operating leverage due to the decrease in net sales. The Company recognized non-cash asset impairment charges of $414.4 million ($436.2 million after tax), during the first quarter of fiscal 2026, to reduce goodwill by $317.0 million and other intangible assets by $97.4 million, which impacted both the Beauty & Wellness and Home & Outdoor segments. Consolidated operating loss was $407.0 million, or (109.5)% of net sales revenue, compared to consolidated operating income of $30.8 million, or 7.4% of net sales revenue. The decrease in consolidated operating margin was primarily due to non-cash asset impairment charges of $414.4 million, an increase in the aforementioned consolidated SG&A ratio and a decrease in consolidated gross profit margin. Interest expense was $13.8 million, compared to $12.5 million. The increase in interest expense was primarily due to higher average borrowings outstanding to fund the acquisition of Olive & June, increased inventory due to forward buys in advance of tariffs, and borrowings to fund higher tariff costs, partially offset by a lower average effective interest rate compared to the same period last year. Income tax expense was $30.2 million compared to $12.1 million, primarily due to the timing of the accounting for the tax impact of the impairment charge in the quarter and a related valuation allowance on intangible asset deferred tax assets, partially offset by a decrease in tax expense for discrete items. Net loss was $450.7 million, compared to net income of $6.2 million. Diluted loss per share was $19.65, compared to diluted earnings per share of $0.26. The decrease is primarily due to the recognition of an after-tax asset impairment charge of $436.2 million during the first quarter of fiscal 2026 and lower operating income exclusive of the asset impairment charges. Non-GAAP adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) was $25.5 million, compared to $52.4 million. Non-GAAP adjusted EBITDA margin was 6.9% compared to 12.6%. On an adjusted basis (non-GAAP) for the first quarters of fiscal 2026 and 2025, excluding asset impairment charges(6), the discrete impact of Barbados tax reform(7), CEO succession costs(8), intangible asset reorganization(9), restructuring charges, amortization of intangible assets, and non-cash share-based compensation, as applicable: Adjusted operating income decreased $26.8 million, or 62.5%, to $16.1 million, or 4.3% of net sales revenue, compared to $43.0 million, or 10.3% of net sales revenue. The decrease in adjusted operating margin was primarily driven by the comparative impact of favorable inventory obsolescence expense in the prior year, higher marketing expense, consumer trade-down behavior, higher outbound freight costs, higher retail trade expense, a less favorable brand mix within Home & Outdoor and the impact of unfavorable operating leverage. These factors were partially offset by the favorable impact of the acquisition of Olive & June within Beauty & Wellness and lower commodity and product costs, partly driven by Project Pegasus initiatives. Adjusted income decreased $13.9 million, or 59.4%, to $9.5 million, compared to $23.3 million. Adjusted diluted earnings per share decreased 58.6% to $0.41, compared to $0.99. The decrease in adjusted diluted earnings per share was primarily due to lower adjusted operating income and higher interest expense, partially offset by a decrease in adjusted income tax expense. Segment Results - First Quarter Fiscal 2026 Compared to First Quarter Fiscal 2025 Home & Outdoor net sales revenue decreased $20.5 million, or 10.3%, to $178.0 million, compared to $198.5 million. The decrease was primarily driven by: softer consumer demand in the home and insulated beverageware categories resulting in lower replenishment orders; cancellation of direct import orders in response to higher tariffs; retailer pull-forward activity in the fourth quarter of fiscal 2025 due to tariff uncertainty and potential supply disruption resulting in higher retail inventory and lower replenishment; lower closeout channel sales; and a net decrease in distribution year-over-year. These factors were partially offset by strong domestic demand for technical packs and the favorable comparative impact of shipping disruption at the Company's Tennessee distribution facility due to automation startup issues during the same period last year. Home & Outdoor operating loss was $213.8 million, or (120.1)% of segment net sales revenue, compared to operating income of $15.9 million, or 8.0% of segment net sales revenue. Operating loss in the first quarter of fiscal 2026 included $219.1 million of pre-tax asset impairment charges and $1.7 million of CEO succession costs. The remaining 400 basis point decrease in segment operating margin was primarily due to the comparative impact of favorable inventory obsolescence expense in the prior year, a less favorable brand mix, consumer trade-down behavior, higher outbound freight costs, higher marketing expense, higher retail trade expense, and the impact of unfavorable operating leverage. These factors were partially offset by lower commodity and product costs. Adjusted operating income decreased 57.9% to $8.9 million, or 5.0% of segment net sales revenue, compared to $21.1 million, or 10.6% of segment net sales revenue. Beauty & Wellness net sales revenue decreased $24.7 million, or 11.3%, to $193.7 million, compared to $218.4 million. The decrease was primarily driven by a decrease from Organic business of $50.3 million, or 23.0%, primarily due to: a decline in international thermometry due to evolving dynamics in the China market, including a shift away from cross-border ecommerce toward localized fulfillment models, heightened competition from domestic sellers benefiting from government subsidies and a weaker illness season in Asia; a decrease in fan sales primarily driven by reduced replenishment orders from retail customers due to a decline in consumer demand and the cancellation of direct import orders from China in response to higher tariffs; and a decline in sales of hair appliances and prestige hair care products primarily due to softer consumer demand, increased competition, and a net decrease in distribution year-over-year. These factors were partially offset by the favorable comparative impact of the shipping disruption from Curlsmith system integration challenges during the same period last year and higher sales of heaters. The Organic business decline was also partially offset by the contribution from the acquisition of Olive & June of $26.8 million, or 12.3%, to segment net sales revenue. Beauty & Wellness operating loss was $193.2 million, or (99.8)% of segment net sales revenue, compared to operating income of $14.9 million, or 6.8% of segment net sales revenue. Operating loss in the first quarter of fiscal 2026 included $195.3 million of pre-tax impairment charges and $1.7 million of CEO succession costs. The remaining 480 basis point decrease in segment operating margin was primarily due to higher marketing expense, the comparative impact of favorable inventory obsolescence expense in the prior year, consumer trade-down behavior, higher outbound freight costs, higher retail trade expense, and the impact of unfavorable operating leverage. These factors were partially offset by the favorable impact of the acquisition of Olive & June, favorable product liability expense and lower commodity and product costs. Adjusted operating income decreased 66.8% to $7.3 million, or 3.7% of segment net sales revenue, compared to $21.9 million, or 10.0% of segment net sales revenue. Balance Sheet and Cash Flow - First Quarter Fiscal 2026 Compared to First Quarter Fiscal 2025 Cash and cash equivalents totaled $22.7 million, compared to $16.1 million. Accounts receivable turnover(10) was 69.7 days, compared to 67.4 days. Inventory was $484.1 million, compared to $444.7 million. Total short- and long-term debt was $871.0 million, compared to $748.4 million. Net cash provided by operating activities for the first three months of the fiscal year was $58.3 million, compared to $25.3 million for the same period last year. Free cash flow(1)(2) for the first three months of the fiscal year was $45.0 million, compared to $16.2 million for the same period last year. Second Quarter Fiscal 2026 Outlook Due to evolving global tariff policies and the related business and macroeconomic uncertainty, the Company is only providing an outlook for the second quarter of fiscal 2026 at this time. The Company is continuing to assess the incremental tariff cost exposure in light of continuing changes to global tariff policies and the full extent of its potential mitigation plans, as well as the associated timing to implement such plans. The Company is also continuing to assess the disruptive impact that tariffs are having on the Company's markets and retailer adaptation to tariff costs and uncertainty. To mitigate the Company's risk of ongoing exposure to tariffs, it has initiated significant efforts to diversify its production outside of China into regions where it expects tariffs or overall costs to be lower and to source the same product in more than one region, to the extent it is possible and not cost-prohibitive. The Company now expects to reduce its cost of goods sold exposed to China tariffs to less than 25% by the end of fiscal 2026. The Company is also continuing to implement other mitigation actions, which include cost reductions from suppliers and price increases to customers on products subject to tariffs. In addition to the uncertainty from evolving global tariff policies, the Company expects unfavorable cascading impacts on inflation, consumer confidence, employment, and overall macroeconomic conditions, all of which are impossible to predict at this time and outside of the Company's control. The Company adjusted its measures to reduce costs and preserve cash flow, outlined in its fourth quarter fiscal 2025 earnings release, as the environment continued to evolve. While the Company has resumed targeted growth investments, the Company remains disciplined in its approach given continued tariff volatility. The current measures in place include the following: Suspension of projects and capital expenditures that are not critical or in support of supplier diversification or dual sourcing initiatives; Actions to reduce overall personnel costs and pause most project and travel expenses remain in place; A resumption of optimized marketing, promotional, and new product development investments focused on opportunities with the highest returns; A resumption of targeted inventory purchases from China in the short term, with a measured approach in expectation of softer consumer demand in the short to intermediate term; and Actions to optimize working capital and balance sheet productivity. Through the combination of tariff mitigation actions and these additional cost reduction measures, the Company now believes it can reduce the net tariff impact on operating income to less than $15 million, based on tariffs currently in place. The Company expects consolidated net sales revenue in the range of $408 million to $432 million, which implies a decline of 14.0% to 8.9%, compared to the second quarter of fiscal 2025. The consolidated net sales outlook reflects the following expectations by segment: Home & Outdoor net sales decline of 16.5% to 11.5%, compared to the second quarter of fiscal 2025; and Beauty & Wellness net sales decline of 11.3% to 6.1%, compared to the second quarter of fiscal 2025, which includes an expected incremental net sales contribution of $26 million to $27 million from the Olive & June acquisition. The sales outlook reflects the Company's view of continued consumer spending softness, especially in certain discretionary categories, as well as its view of increased macro uncertainty, a more promotional environment, and an increasingly stretched consumer, including the impact from: the pause or cancellation of direct import orders in response to higher tariffs; ongoing impact from the shift from cross border ecommerce to localized distribution and sustained competitive pressure from government-subsidized domestic sellers in China; continued softer consumer demand and increased competition; ongoing consumer trade-down behavior as shoppers seek greater value and prioritize essential categories; and retailer inventory rebalancing in response to demand trends. The Company expects GAAP diluted earnings per share of $0.56 to $0.68 and non-GAAP adjusted diluted EPS in the range of $0.45 to $0.60, which implies an adjusted diluted EPS decline of 62.8% to 50.4%, compared to the second quarter of fiscal 2025. The Company's outlook also reflects: the impact of a more promotional environment, consumer trade-down behavior, and a less favorable mix; higher commodity and product costs driven by direct tariff-related costs offset by Project Pegasus initiatives; the comparative impact of unfavorable operating efficiencies related to automation startup of the Tennessee distribution facility in the prior year; and the impact of unfavorable operating leverage due to the decline in revenue. The Company continues to expect these factors to be partially offset by cost reduction measures implemented in the first quarter and continuing throughout the year. The Company's second quarter fiscal 2026 consolidated net sales and EPS outlook also reflects the following assumptions: June 2025 foreign currency exchange rates will remain constant; expected interest expense in the range of $13 million to $14 million; a reported GAAP effective tax rate range of (84.9)% to (287.3)% and an adjusted effective tax rate range of 28.9% to 30.9%; and an estimated weighted average diluted shares outstanding of 22.9 million. The likelihood, timing and potential impact of a significant or prolonged recession, any fiscal 2026 acquisitions and divestitures, future asset impairment charges, future foreign currency fluctuations, additional interest rate changes, or share repurchases are unknown and cannot be reasonably estimated; therefore, they are not included in the Company's outlook. Conference Call and Webcast The Company will conduct a teleconference in conjunction with today's earnings release. The teleconference begins at 9:00 a.m. Eastern Time today, Thursday, July 10, 2025. Institutional investors and analysts interested in participating in the call are invited to dial (877) 407-3982 approximately ten minutes prior to the start of the call. The conference call will also be webcast live on the Events & Presentations page at: A telephone replay of this call will be available at 1:00 p.m. Eastern Time on July 10, 2025, until 11:59 p.m. Eastern Time on July 24, 2025, and can be accessed by dialing (844) 512-2921 and entering replay pin number 13753990. A replay of the webcast will remain available on the website for one year. Non-GAAP Financial Measures The Company reports and discusses its operating results using financial measures consistent with accounting principles generally accepted in the United States of America ("GAAP"). To supplement its presentation, the Company discloses certain financial measures that may be considered non-GAAP such as Adjusted Operating Income, Adjusted Operating Margin, Adjusted Effective Tax Rate, Adjusted Income, Adjusted Diluted Earnings per Share ("EPS"), EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin, Free Cash Flow, and Net Leverage Ratio, which are presented in accompanying tables to this press release along with a reconciliation of these financial measures to their corresponding GAAP-based financial measures presented in the Company's condensed consolidated statements of income and cash flows. For additional information, see Note 1 to the accompanying tables to this press release. About Helen of Troy Limited Helen of Troy Limited (NASDAQ: HELE) is a leading global consumer products company offering creative products and solutions for its customers through a diversified portfolio of well-recognized and widely-trusted brands, including OXO, Hydro Flask, Osprey, Vicks, Braun, Honeywell, PUR, Hot Tools, Drybar, Curlsmith, Revlon, and Olive & June. All trademarks herein belong to Helen of Troy Limited (or its subsidiaries) and/or are used under license from their respective licensors. For more information about Helen of Troy, please visit Forward-Looking Statements Certain written and oral statements made by the Company and subsidiaries of the Company may constitute "forward-looking statements" as defined under the Private Securities Litigation Reform Act of 1995. This includes statements made in this press release, in other filings with the SEC, and in certain other oral and written presentations. Generally, the words "anticipates", "assumes", "believes", "expects", "plans", "may", "will", "might", "would", "should", "seeks", "estimates", "project", "predict", "potential", "currently", "continue", "intends", "outlook", "forecasts", "targets", "reflects", "could", and other similar words identify forward-looking statements. All statements that address operating results, events or developments that the Company expects or anticipates may occur in the future, including statements related to sales, expenses, including cost reduction measures, earnings per share results, and statements expressing general expectations about future operating results, are forward-looking statements and are based upon its current expectations and various assumptions. The Company currently believes there is a reasonable basis for these expectations and assumptions, but there can be no assurance that the Company will realize these expectations or that these assumptions will prove correct. Forward-looking statements are only as of the date they are made and are subject to risks, many of which are beyond the Company's control, that could cause them to differ materially from actual results. Accordingly, the Company cautions readers not to place undue reliance on forward-looking statements. The forward-looking statements contained in this press release should be read in conjunction with, and are subject to and qualified by, the risks described in the Company's Form 10-K for the year ended February 28, 2025, and in the Company's other filings with the SEC. Investors are urged to refer to the risk factors referred to above for a description of these risks. Such risks include, among others, the geographic concentration of certain United States ("U.S.") distribution facilities which increases its risk to disruptions that could affect the Company's ability to deliver products in a timely manner, the occurrence of cyber incidents or failure by the Company or its third-party service providers to maintain cybersecurity and the integrity of confidential internal or customer data, a cybersecurity breach, obsolescence or interruptions in the operation of the Company's central global Enterprise Resource Planning systems and other peripheral information systems, the Company's ability to develop and introduce a continuing stream of innovative new products to meet changing consumer preferences, actions taken by large customers that may adversely affect the Company's gross profit and operating results, the Company's dependence on sales to several large customers and the risks associated with any loss of, or substantial decline in, sales to top customers, the Company's dependence on third-party manufacturers, most of which are located in Asia, and any inability to obtain products from such manufacturers or diversify production to other regions or source the same product in multiple regions or implement potential tariff mitigation plans, the Company's ability to deliver products to its customers in a timely manner and according to their fulfillment standards, the risks associated with trade barriers, exchange controls, expropriations, and other risks associated with domestic and foreign operations including uncertainty and business interruptions resulting from political changes and events in the U.S. and abroad, and volatility in the global credit and financial markets and economy, the Company's dependence on the strength of retail economies and vulnerabilities to any prolonged economic downturn, including a downturn from the effects of macroeconomic conditions, any public health crises or similar conditions, risks associated with weather conditions, the duration and severity of the cold and flu season and other related factors, the Company's reliance on its Chief Executive Officer and a limited number of other key senior officers to operate its business, risks associated with the use of licensed trademarks from or to third parties, the Company's ability to execute and realize expected synergies from strategic business initiatives such as acquisitions, including Olive & June, divestitures and global restructuring plans, including Project Pegasus, the risks of significant tariffs or other restrictions continuing to be placed on imports from China, Mexico or Vietnam, including by the new U.S. presidential administration which has promoted and implemented plans to raise tariffs and pursue other trade policies intended to restrict imports, or any retaliatory trade measures taken by China, Mexico or Vietnam, the risks of potential changes in laws and regulations, including environmental, employment and health and safety and tax laws, and the costs and complexities of compliance with such laws, the risks associated with increased focus and expectations on climate change and other sustainability matters, the risks associated with significant changes in or the Company's compliance with regulations, interpretations or product certification requirements, the risks associated with global legal developments regarding privacy and data security that could result in changes to its business practices, penalties, increased cost of operations, or otherwise harm the business, the Company's dependence on whether it is classified as a "controlled foreign corporation" for U.S. federal income tax purposes which impacts the tax treatment of its non-U.S. income, the risks associated with legislation enacted in Bermuda and Barbados in response to the European Union's review of harmful tax competition and additional focus on compliance with economic substance requirements by Bermuda and Barbados, the risks associated with accounting for tax positions and the resolution of tax disputes, the risks associated with product recalls, product liability and other claims against the Company, and associated financial risks including but not limited to, increased costs of raw materials, energy and transportation, significant additional impairment of the Company's goodwill, indefinite-lived and definite-lived intangible assets or other long-lived assets, risks associated with foreign currency exchange rate fluctuations, the risks to the Company's liquidity or cost of capital which may be materially adversely affected by constraints or changes in the capital and credit markets, interest rates and limitations under its financing arrangements, and projections of product demand, sales and net income, which are highly subjective in nature, and from which future sales and net income could vary by a material amount. The Company undertakes no obligation to publicly update or revise any forward-looking statements as a result of new information, future events or otherwise. HELEN OF TROY LIMITED AND SUBSIDIARIES Condensed Consolidated Statements of Income (5) (Unaudited) (in thousands, except per share data) Three Months Ended May 31, 2025 2024 Sales revenue, net $ 371,655 100.0 % $ 416,847 100.0 % Cost of goods sold 196,644 52.9 % 213,768 51.3 % Gross profit 175,011 47.1 % 203,079 48.7 % Selling, general and administrative expense ("SG&A") 167,664 45.1 % 170,481 40.9 % Asset impairment charges 414,385 111.5 % — — % Restructuring charges — — % 1,835 0.4 % Operating (loss) income (407,038 ) (109.5 )% 30,763 7.4 % Non-operating income, net 308 0.1 % 100 — % Interest expense 13,808 3.7 % 12,543 3.0 % (Loss) income before income tax (420,538 ) (113.2 )% 18,320 4.4 % Income tax expense 30,180 8.1 % 12,116 2.9 % Net (loss) income $ (450,718 ) (121.3 )% $ 6,204 1.5 % Diluted (loss) earnings per share $ (19.65 ) $ 0.26 Weighted average shares of common stock used in computing diluted (loss) earnings per share 22,943 23,633 Consolidated Net Sales by Geographic Region (11) (Unaudited) (in thousands) Three Months Ended May 31, 2025 2024 Domestic sales revenue, net $ 277,960 74.8 % $ 300,680 72.1 % International sales revenue, net 93,695 25.2 % 116,167 27.9 % Total sales revenue, net $ 371,655 100.0 % $ 416,847 100.0 % Reconciliation of Non-GAAP Financial Measures – GAAP Operating (Loss) Income and Operating Margin to Adjusted Operating Income and Adjusted Operating Margin (Non-GAAP) (1) (Unaudited) (in thousands) Three Months Ended May 31, 2025 Home & Outdoor Beauty & Wellness (5) Total Operating loss, as reported (GAAP) $ (213,793 ) (120.1 )% $ (193,245 ) (99.8 )% $ (407,038 ) (109.5 )% Asset impairment charges (6) 219,095 123.1 % 195,290 100.8 % 414,385 111.5 % CEO succession costs (8) 1,742 1.0 % 1,742 0.9 % 3,484 0.9 % Subtotal 7,044 4.0 % 3,787 2.0 % 10,831 2.9 % Amortization of intangible assets 1,782 1.0 % 3,207 1.7 % 4,989 1.3 % Non-cash share-based compensation 34 — % 262 0.1 % 296 0.1 % Adjusted operating income (non-GAAP) $ 8,860 5.0 % $ 7,256 3.7 % $ 16,116 4.3 % Three Months Ended May 31, 2024 Home & Outdoor Beauty & Wellness Total Operating income, as reported (GAAP) $ 15,850 8.0 % $ 14,913 6.8 % $ 30,763 7.4 % Restructuring charges 440 0.2 % 1,395 0.6 % 1,835 0.4 % Subtotal 16,290 8.2 % 16,308 7.5 % 32,598 7.8 % Amortization of intangible assets 1,765 0.9 % 2,755 1.3 % 4,520 1.1 % Non-cash share-based compensation 3,013 1.5 % 2,820 1.3 % 5,833 1.4 % Adjusted operating income (non-GAAP) $ 21,068 10.6 % $ 21,883 10.0 % $ 42,951 10.3 % Reconciliation of Non-GAAP Financial Measures – GAAP Operating (Loss) Income to EBITDA (Earnings (Loss) Before Interest, Taxes, Depreciation and Amortization), Adjusted EBITDA and Adjusted EBITDA Margin (Non-GAAP) (1) (Unaudited) (in thousands) Three Months Ended May 31, 2025 Home & Outdoor Beauty & Wellness (5) Total Operating loss, as reported (GAAP) $ (213,793 ) (120.1 )% $ (193,245 ) (99.8 )% $ (407,038 ) (109.5 )% Depreciation and amortization 6,559 3.7 % 7,525 3.9 % 14,084 3.8 % Non-operating income, net — — % 308 0.2 % 308 0.1 % EBITDA (non-GAAP) (207,234 ) (116.4 )% (185,412 ) (95.7 )% (392,646 ) (105.6 )% Add: Asset impairment charges 219,095 123.1 % 195,290 100.8 % 414,385 111.5 % CEO succession costs 1,742 1.0 % 1,742 0.9 % 3,484 0.9 % Non-cash share-based compensation 34 — % 262 0.1 % 296 0.1 % Adjusted EBITDA (non-GAAP) $ 13,637 7.7 % $ 11,882 6.1 % $ 25,519 6.9 % Three Months Ended May 31, 2024 Home & Outdoor Beauty & Wellness Total Operating income, as reported (GAAP) $ 15,850 8.0 % $ 14,913 6.8 % $ 30,763 7.4 % Depreciation and amortization 6,647 3.3 % 7,189 3.3 % 13,836 3.3 % Non-operating income, net — — % 100 — % 100 — % EBITDA (non-GAAP) 22,497 11.3 % 22,202 10.2 % 44,699 10.7 % Add: Restructuring charges 440 0.2 % 1,395 0.6 % 1,835 0.4 % Non-cash share-based compensation 3,013 1.5 % 2,820 1.3 % 5,833 1.4 % Adjusted EBITDA (non-GAAP) $ 25,950 13.1 % $ 26,417 12.1 % $ 52,367 12.6 % Reconciliation of Non-GAAP Financial Measures – GAAP Net (Loss) Income to EBITDA (Earnings (Loss) Before Interest, Taxes, Depreciation and Amortization), Adjusted EBITDA and Adjusted EBITDA Margin (Non-GAAP) (1) (Unaudited) (in thousands) Three Months Ended May 31, 2025 2024 Net (loss) income, as reported (GAAP) $ (450,718 ) (121.3 )% $ 6,204 1.5 % Interest expense 13,808 3.7 % 12,543 3.0 % Income tax expense 30,180 8.1 % 12,116 2.9 % Depreciation and amortization 14,084 ... 3.8 % 13,836 3.3 % EBITDA (non-GAAP) (392,646 ) (105.6 )% 44,699 10.7 % Add: Asset impairment charges 414,385 111.5 % — — % CEO succession costs 3,484 0.9 % — — % Restructuring charges — — % 1,835 0.4 % Non-cash share-based compensation 296 0.1 % 5,833 1.4 % Adjusted EBITDA (non-GAAP) $ 25,519 6.9 % $ 52,367 12.6 % Quarterly Period Ended Twelve Months Ended May 31, 2025 August November February May Net income (loss), as reported (GAAP) $ 17,014 $ 49,616 $ 50,917 $ (450,718 ) $ (333,171 ) Interest expense 13,216 12,164 13,999 13,808 53,187 Income tax expense (benefit) 4,792 13,536 (62,531 ) 30,180 (14,023 ) Depreciation and amortization 13,792 13,222 14,198 14,084 55,296 EBITDA (non-GAAP) 48,814 88,538 16,583 (392,646 ) (238,711 ) Add: Acquisition-related expenses — — 3,035 — 3,035 Asset impairment charges — — 51,455 414,385 465,840 CEO succession costs — — — 3,484 3,484 Restructuring charges 1,526 3,518 7,943 — 12,987 Non-cash share-based compensation 5,487 4,730 5,326 296 15,839 Adjusted EBITDA (non-GAAP) $ 55,827 $ 96,786 $ 84,342 $ 25,519 $ 262,474 Reconciliation of Non-GAAP Financial Measures – GAAP (Loss) Income and Diluted (Loss) Earnings Per Share to Adjusted Income and Adjusted Diluted Earnings Per Share (Non-GAAP) (1) (Unaudited) (in thousands, except per share data) Three Months Ended May 31, 2025 (Loss) Income Diluted (Loss) Earnings Per Share Before Tax Tax Net of Tax Before Tax Tax Net of Tax As reported (GAAP) $ (420,538 ) $ 30,180 $ (450,718 ) $ (18.33 ) $ 1.32 $ (19.65 ) Asset impairment charges 414,385 (21,769 ) 436,154 18.04 (0.95 ) 18.99 CEO succession costs 3,484 153 3,331 0.15 0.01 0.15 Intangible asset reorganization (9) — (16,474 ) 16,474 — (0.72 ) 0.72 Subtotal (2,669 ) (7,910 ) 5,241 (0.12 ) (0.34 ) 0.23 Amortization of intangible assets 4,989 882 4,107 0.22 0.04 0.18 Non-cash share-based compensation 296 157 139 0.01 0.01 0.01 Adjusted (non-GAAP) $ 2,616 $ (6,871 ) $ 9,487 $ 0.11 $ (0.30 ) $ 0.41 Weighted average shares of common stock used in computing: Diluted loss per share, as reported 22,943 Adjusted diluted earnings per share (non-GAAP) 22,971 Three Months Ended May 31, 2024 Income Diluted Earnings Per Share Before Tax Tax Net of Tax Before Tax Tax Net of Tax As reported (GAAP) $ 18,320 $ 12,116 $ 6,204 $ 0.78 $ 0.51 $ 0.26 Barbados tax reform (7) — (6,045 ) 6,045 — (0.26 ) 0.26 Restructuring charges 1,835 165 1,670 0.08 0.01 0.07 Subtotal 20,155 6,236 13,919 0.85 0.26 0.59 Amortization of intangible assets 4,520 661 3,859 0.19 0.03 0.16 Non-cash share-based compensation 5,833 264 5,569 0.25 0.01 0.24 Adjusted (non-GAAP) $ 30,508 $ 7,161 $ 23,347 $ 1.29 $ 0.30 $ 0.99 Weighted average shares of common stock used in computing reported and non-GAAP diluted earnings per share 23,633 Selected Consolidated Balance Sheet and Cash Flow Information (Unaudited) (in thousands) May 31, 2025 2024 Balance Sheet: Cash and cash equivalents $ 22,669 $ 16,148 Receivables, net 314,814 328,097 Inventory 484,127 444,749 Total assets, current 855,415 831,563 Total assets 2,651,963 2,820,951 Total liabilities, current 504,514 427,675 Total long-term liabilities 919,763 843,776 Total debt 871,013 748,377 Stockholders' equity 1,227,686 1,549,500 Three Months Ended May 31, 2025 2024 Cash Flow: Depreciation and amortization $ 14,084 $ 13,836 Net cash provided by operating activities 58,338 25,320 Capital and intangible asset expenditures 13,362 9,142 Net debt (repayments) proceeds (45,044 ) 82,387 Payments for repurchases of common stock 1,331 103,035 Reconciliation of Non-GAAP Financial Measures – GAAP Net Cash Provided by Operating Activities to Free Cash Flow (Non-GAAP) (1) (2) (Unaudited) (in thousands) Three Months Ended May 31, 2025 2024 Net cash provided by operating activities (GAAP) $ 58,338 $ 25,320 Less: Capital and intangible asset expenditures (13,362 ) (9,142 ) Free cash flow (non-GAAP) $ 44,976 $ 16,178 Reconciliation of Non-GAAP Financial Measures – Net Leverage Ratio (Non-GAAP) (1) (3) (Unaudited) (in thousands) Quarterly Period Ended Twelve Months Ended May 31, 2025 August November February May Adjusted EBITDA (non-GAAP) (12) $ 55,827 $ 96,786 $ 84,342 $ 25,519 $ 262,474 Pro forma effect of the Olive & June acquisition (3) — — — — 11,510 Adjusted EBITDA per the credit agreement $ 55,827 $ 96,786 $ 84,342 $ 25,519 $ 273,984 Total borrowings under the credit agreement, as reported (GAAP) $ 876,806 Add: Outstanding letters of credit 9,460 Less: Unrestricted cash and cash equivalents (27,653 ) Net debt $ 858,613 Net leverage ratio (non-GAAP) (3) 3.13 Second Quarter Fiscal 2026 Outlook for Net Sales Revenue (Unaudited) (in thousands) Consolidated: Second Quarter Fiscal 2025 Second Quarter Fiscal 2026 Outlook Net sales revenue $ 474,221 $ 408,000 — $ 432,000 Net sales revenue decline (14.0 )% — (8.9 )% Reconciliation of Non-GAAP Financial Measures – Second Quarter Fiscal 2026 Outlook for GAAP Diluted Earnings Per Share to Adjusted Diluted Earnings Per Share (Non-GAAP) and GAAP Effective Tax Rate to Adjusted Effective Tax Rate (Non-GAAP) (1) (13) (Unaudited) Second Quarter Fiscal 2026 Outlook Tax Rate Second Quarter Fiscal 2026 Outlook Diluted earnings per share, as reported (GAAP) $ 0.56 - $ 0.68 (287.3 )% - (84.9 )% Amortization of intangible assets 0.19 - 0.19 Non-cash share-based compensation 0.31 - 0.28 Income tax effect of adjustments (0.61 ) - (0.55 ) 318.2 % - 113.8 % Adjusted diluted earnings per share (non-GAAP) $ 0.45 - $ 0.60 30.9 % - 28.9 % HELEN OF TROY LIMITED AND SUBSIDIARIES Notes to Press Release (1) This press release contains non-GAAP financial measures. Adjusted Operating Income, Adjusted Operating Margin, Adjusted Effective Tax Rate, Adjusted Income, Adjusted Diluted Earnings Per Share, EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin, Free Cash Flow, and Net Leverage Ratio ("Non-GAAP Financial Measures") that are discussed in the accompanying press release or in the preceding tables may be considered non-GAAP financial measures as defined by SEC Regulation G, Rule 100. Accordingly, the Company is providing the preceding tables that reconcile these measures to their corresponding GAAP-based financial measures. The Company believes that these Non-GAAP Financial Measures provide useful information to management and investors regarding financial and business trends relating to its financial condition and results of operations. The Company believes that these Non-GAAP Financial Measures, in combination with the Company's financial results calculated in accordance with GAAP, provide investors with additional perspective regarding the impact of certain charges and benefits on applicable income, margin and earnings per share measures. The Company also believes that these Non-GAAP Financial Measures reflect the operating performance of its business and facilitate a more direct comparison of the Company's performance with its competitors. The material limitation associated with the use of the Non-GAAP Financial Measures is that the Non-GAAP Financial Measures do not reflect the full economic impact of the Company's activities. These Non-GAAP Financial Measures are not prepared in accordance with GAAP, are not an alternative to GAAP financial measures, and may be calculated differently than non-GAAP financial measures disclosed by other companies. Accordingly, undue reliance should not be placed on non-GAAP financial measures. (2) Free cash flow represents net cash provided by operating activities less capital and intangible asset expenditures. (3) Net leverage ratio is calculated as (a) total borrowings under the Company's credit agreement plus outstanding letters of credit, net of unrestricted cash and cash equivalents, including readily marketable obligations issued, guaranteed or insured by the U.S. with maturities of two years or less, at the end of the current period, divided by (b) Adjusted EBITDA per the Company's credit agreement (calculated as EBITDA plus non-cash charges and certain allowed addbacks, less certain non-cash income, plus the pro forma effect of acquisitions and certain pro forma run-rate cost savings for acquisitions and dispositions, as applicable for the trailing twelve months ended as of the current period). (4) Organic business refers to net sales revenue associated with product lines or brands after the first twelve months from the date the product line or brand is acquired, excluding the impact that foreign currency remeasurement had on reported net sales revenue. Net sales revenue from internally developed brands or product lines is considered Organic business activity. (5) The three months ended May 31, 2025 includes a full quarter of operating results from Olive & June, acquired on December 16, 2024. Olive & June sales are reported in Acquisition. (6) Non-cash asset impairment charges were recognized, during the first quarter of fiscal 2026, to reduce goodwill and other intangible assets, which impacted both the Beauty & Wellness and Home & Outdoor segments. (7) Represents a discrete tax charge to revalue existing deferred tax liabilities as a result of Barbados enacting a domestic corporate income tax rate of 9%, effective beginning with the Company's fiscal year 2025 ("Barbados tax reform"). (8) Represents costs incurred in connection with the departure of the Company's former CEO primarily related to severance and recruitment costs ("CEO succession costs"). (9) Represents income tax expense from the recognition of a valuation allowance on a deferred tax asset related to the Company's intangible asset reorganization in fiscal 2025 ("intangible asset reorganization"). (10) Accounts receivable turnover uses 12 month trailing net sales revenue. The current and four prior quarters' ending balances of trade accounts receivable are used for the purposes of computing the average balance component as required by the particular measure. (11) Domestic net sales revenue includes net sales revenue from the U.S. and Canada. (12) See reconciliation of Adjusted EBITDA to the most directly comparable GAAP-based financial measure (net income) in the accompanying tables to this press release. (13) Adjusted diluted EPS second quarter outlook excludes the impact of amortization of intangible assets, non-cash share-based compensation, and the income tax effect of these adjustments, as well as the estimated second quarter income tax impact of the asset impairment charges recognized during the first quarter of fiscal 2026. View source version on Contacts Investor Contact: Helen of Troy LimitedAnne Rakunas, Director, External Communications(915) 225-4841 ICR, Malkin, Partner(203) 682-8200 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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05-05-2025
- Business
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Why Helen of Troy Stock Plunged Today
Helen of Troy announced on Friday that its CEO had stepped down. The company said the resignation was "immediate," as the company named its CFO as interim chief executive. The uncertainty sent Helen of Troy stock down today after an already terrible start to the year. Shares of home goods and wellness products company Helen of Troy (NASDAQ: HELE) plunged 10.4% on Monday. The company, which has encountered severe headwinds in recent months -- including an earnings report that underwhelmed and uncertainty over tariffs -- abruptly announced after market close last Friday that its CEO was moving on. While some CEO departure announcements are greeted with an appreciation in a struggling stock on hopes of a turnaround, apparently, the market took Helen of Troy's announcement as a sign things may be worse under the surface. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Late Friday afternoon, Helen of Troy announced that CEO Noel Geoffroy was stepping down as CEO, "effective immediately." Of note, Geoffroy had only been CEO for one year, assuming the role in March 2024. The "effective immediately" seems to imply a sudden and harsh decision. That may cause investors to worry that there are bigger problems under the surface. The company did announce that it was promoting CFO Brian Grass to the CEO role, but only on an interim basis, as the board conducts a search for the company's next CEO. While Grass was CFO from 2014 to 2021 and then again since 2023, it appears the appointment of a long-tenured executive didn't quell investor uncertainty. Helen of Troy has plunged 58% so far this year. While the company actually beat revenue expectations last quarter slightly, its adjusted (non-GAAP) EPS fell short of estimates. Furthermore, revenue declined 0.7% overall, and this is in spite of the December 2024 acquisition of Olive & June. On an organic basis, the revenue declines were an even worse 4.9%. Investors might also be worrying about the fact that the Olive & June acquisition increased the company's debt by $235 million, which would be an added burden in a recessionary scenario. While earnings underwhelmed last month, it was really the prospect of tariffs that accounted for the bulk of the stock's decline. Helen of Troy manufactures its household products in China, Vietnam, and Mexico, so it will have to either adapt to the new tariff regime, whenever that is settled, or hope the tariffs fall away as trade deals are struck. While investors don't know what's behind the CEO's resignation, the sudden nature of the decision and lack of preparation for a replacement understandably has investors on edge. Even at just 5.5 times expected 2025 adjusted earnings, Helen of Troy's declining top-line and debt load make it a risky choice; perhaps a value trap. Before you buy stock in Helen Of Troy, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Helen Of Troy wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $623,685!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $701,781!* Now, it's worth noting Stock Advisor's total average return is 906% — a market-crushing outperformance compared to 164% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 5, 2025 Billy Duberstein and/or his clients have no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Helen of Troy Stock Plunged Today was originally published by The Motley Fool Sign in to access your portfolio
