Helen of Troy (HELE) reported $489.2 million in revenue for the quarter ended February 2024, representing a year-over-year increase of 1%. EPS of $2.45 for the same period compares to $2.01 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $477.88 million, representing a surprise of +2.37%. The company delivered an EPS surprise of +6.06%, with the consensus EPS estimate being $2.31.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 29, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-14669 HELEN OF TROY LIMITED (Exact name of registrant as specified in its charter) (State or other jurisdiction (I.R.S. Employer of incorporation or organizatio ...

Exhibit 99.1 Helen of Troy Limited Reports Solid Fourth Quarter Fiscal 2024 Results Consolidated Net Sales Growth of 1.0% GAAP Diluted EPS Growth of 19.3% to $1.79; Adjusted Diluted EPS Growth of 21.9% to $2.45 GAAP Operating Margin Expansion of 240 Basis Points Adjusted EBITDA Margin Expansion of 410 Basis Points; Growth of 28.4% to $94.3 million Initiates Fiscal 2025 Outlook: Consolidated Net Sales of $1.965-$2.025 Billion GAAP Diluted EPS of $6.68-$7.45; Adjusted Diluted EPS of $8.70-$9.20 Adjusted EBITD ...

Helen of Troy Limited (HELE) is likely to register a top-line decline when it reports fourth-quarter fiscal 2024 earnings on Apr 24. The Zacks Consensus Estimate for net sales is pegged at $477.9 million, suggesting a drop of 1.4% from the prior-year quarter’s reported figure. The consensus mark for fiscal 2024 net sales is pegged at almost $2 billion, suggesting a drop of 3.8% from the year-ago period’s reported figure.Nevertheless, the company’s bottom line is likely to increase year over year. The consen ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __ to __ Commission File Number: 001-14669 HELEN OF TROY LIMITED (Exact name of registrant as specified in its charter) (State or other j ...

Financial Data and Key Metrics Changes - Consolidated net sales decreased by 5.7% compared to a growth of 9.7% in the same period last year, with a decline of 3.4% on a two-year stack [87] - Net income was $27.4 million, or $1.14 per diluted share, while non-GAAP adjusted diluted EPS decreased by 23.3% to $1.74 per share [40] - Gross profit margin improved by 420 basis points to 46.7% compared to 42.5% in the same period last year [66] - Adjusted operating margin declined by 120 basis points to 12.7% [39] Business Line Data and Key Metrics Changes - Home & Outdoor adjusted operating margin decreased by 180 basis points to 17.7% [88] - Beauty and Wellness segment net sales declined by 10.4%, primarily due to SKU rationalization and softness in humidification, heaters, and fans [33] - Osprey brand achieved strong growth fueled by accelerated travel demand and improved inventory position [32] Market Data and Key Metrics Changes - International sales growth was driven by Braun and Osprey, with strong performance in the UK and Germany [63] - The company expects a decline in net sales of approximately 4% to 2% in the third quarter, with growth concentrated in the fourth quarter [91] Company Strategy and Development Direction - The company is focused on executing the Pegasus restructuring initiatives to improve efficiency and effectiveness [57] - Plans to geographically consolidate the U.S. Beauty business to enhance collaboration and innovation [57] - The upcoming Investor Day on October 17th will outline the next strategic plan and long-term targets [36] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in returning to net sales and adjusted EPS growth in the fourth quarter despite a challenging macro environment [53] - The company anticipates cautious retail ordering patterns in the third quarter, with a more normalized ordering in the fourth quarter [41] - Management noted that consumer spending is shifting towards experiences rather than discretionary products due to inflation [52] Other Important Information - The company closed on the sale of its El Paso distribution facility for total proceeds of $51 million, with a gain of approximately $34 million expected to be recognized in the third quarter [89] - The company continues to expect capital asset expenditures of between $45 million and $50 million for fiscal 2024 [43] Q&A Session Summary Question: Can you elaborate on the change in Pegasus costs? - Management clarified that the reduction in restructuring charges is due to a revised assessment of a potential exit from one of the businesses, which is no longer expected to incur costs [96] Question: What progress has been made with the new North American RMO? - Management indicated that the new regional marketing organization has started to yield positive results, including increased shelf space and distribution gains [100] Question: How is the company addressing inventory destocking? - Management noted that inventory levels are generally low, and they expect Q4 ordering patterns to align more closely with the first half of the year [108]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __ to __ Commission File Number: 001-14669 HELEN OF TROY LIMITED (Exact name of registrant as specified in its charter) (State or other jur ...

Helen of Troy Limited (NASDAQ:HELE) Q1 2024 Earnings Conference Call July 10, 2023 9:00 AM ET Company Participants Jack Jancin - SVP, Corporate Business Development Julien Mininberg - CEO Noel Geoffroy - COO Brian Grass - Interim CFO Conference Call Participants Rupesh Parikh - Oppenheimer Peter Lukas - CJS Securities Devin Weinstein - Raymond James Peter Grom - UBS Susan Anderson - Canaccord Genuity Anthony Lebiedzinski - Sidoti & Company Linda Bolton-Weiser - D.A. Davidson. Operator Greetings. Welcome to ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __ to __ Commission File Number: 001-14669 HELEN OF TROY LIMITED (Exact name of registrant as specified in its charter) (State or other jurisd ...

Financial Data and Key Metrics Changes - Consolidated net sales decreased by 16.7%, reflecting lower consumer demand and reduced orders from retail customers due to inventory reduction efforts [117] - Core net sales declined by 16.2% and core adjusted diluted EPS decreased by 19.9% in the fourth quarter [72] - GAAP consolidated operating margin for the quarter was 11.1%, compared to 8.7% in the same period last year, with adjusted operating margin expanding by 130 basis points to 13.8% [86] Business Line Data and Key Metrics Changes - Home & Outdoor total sales were up 0.5% in the quarter, driven by a full three months contribution from Osprey [72] - OXO continued to see point of sale (POS) at brick-and-mortar below peak prior year levels due to normalization of demand from COVID highs [73] - Prestige Beauty showed growth in Curlsmith and Drybar appliances and liquids during the quarter [76] Market Data and Key Metrics Changes - Despite overall category declines, Helen of Troy's US market shares remained strong in thermometers, inhalants, and humidifiers, holding the number one position among branded products in these categories [46] - Internationally, net sales growth was driven primarily by OXO and Osprey as replenishment orders progressed towards normalization [78] Company Strategy and Development Direction - The company is focused on leveraging the successes of its transformation and enhancing its diversified portfolio of brands [104] - Project Pegasus is expected to deliver significant savings and operational efficiency, with a focus on growth investments and better leveraging of scale [64][66] - The company plans to continue advancing its ESG priorities and initiatives, with key objectives under the first stage of its ESG roadmap completed [147] Management's Comments on Operating Environment and Future Outlook - Management anticipates continued softness in consumer spending patterns, particularly in discretionary categories, due to inflation and higher interest rates [125][190] - The company expects adjusted diluted EPS growth to be concentrated in the third and fourth quarters of fiscal 2024, benefiting from lower inbound freight and commodity costs [131] - Management expressed confidence in the company's ability to navigate challenges and emerge stronger, with a focus on operational earnings growth and margin expansion [168] Other Important Information - The company has significantly reduced its exposure to interest rate volatility by swapping $425 million of its outstanding variable rate debt to fixed rates [123] - The fiscal 2024 outlook includes expected revenue impacts from SKU rationalization and the removal of Bed Bath & Beyond revenue from projections [158] Q&A Session Summary Question: Can you provide insights on market share and category performance? - Management noted that while there has been softness in categories like volumizers, OXO has seen strong share results during the COVID period, with some normalization expected [178][179] Question: What are the expectations for sales growth in Home & Outdoor and Beauty & Wellness? - The company expects declines in Beauty & Wellness due to SKU rationalization and other factors, while Home & Outdoor may see slight growth [183][184] Question: How is the company addressing gross margin and product mix? - Management highlighted expectations for significant gross margin expansion driven by acquisitions and a focus on higher-margin businesses [188]