Helen of Troy(HELE)

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HELE's Olive & June Buyout to Boost Its Presence in the Beauty Space
ZACKS· 2024-11-22 15:11
Helen of Troy Limited (HELE) has announced plans to acquire Olive & June, LLC., an omnichannel nail care brand, for $225 million in cash, with an additional $15 million earnout tied to future performance. This strategic move aims to strengthen Helen of Troy’s presence in the multi-billion-dollar beauty industry and diversify its product offerings. The acquisition is expected to close by the end of 2024.Founded in 2013, Olive & June is a leading innovator in the DIY nail care industry, revolutionizing the at ...
Insiders Hold Tight as Helen of Troy Prepares for a Major Rebound
Benzinga· 2024-10-14 16:21
There is a significant shift in institutional activity for Helen of Troy HELE shares. The institutions shifted from selling to buying in Q3, creating a solid tailwind due to the high interest. Institutions own nearly 99% of this stock, leaving less than 1.5% for insiders, retail investors, and short-sellers. Coincidentally, the short interest is also high, over 10% in the last report and nearly 10% in mid-September, providing ample fuel for a short-covering rally. The takeaway for investors is that consumer ...
Why Helen of Troy Surged This Week
The Motley Fool· 2024-10-11 14:00
The lowly valued consumer products company defied Wall Street's expectations this week. Shares of Helen of Troy (HELE -0.15%) rallied this week, rising 15.3% through Thursday trading, according to data from S&P Global Market Intelligence. Helen of Troy actually released earnings this week for its quarter ending on Aug. 31. While the numbers in and of themselves don't look great, they defied analyst expectations. But is this turnaround worth the gamble now? Strong stock performance on low expectations Helen ...
Why Helen of Troy Stock Is Skyrocketing Today
The Motley Fool· 2024-10-09 18:22
Even with the big jump today, the stock is still down roughly 39% in 2024. Shares of Helen of Troy (HELE 16.58%) are posting big gains on Wednesday following the release of the company's latest quarterly report. The consumer products specialist's share price was up 17.9% as of 1:30 p.m. ET today. Before the market opened this morning, Helen of Troy published results for the second quarter of its 2025 fiscal year, which ended Aug. 31. The company posted sales and earnings that beat the market's expectations ...
Helen of Troy Q2 Earnings Top, Beauty & Wellness Sales Decline Y/Y
ZACKS· 2024-10-09 16:00
Helen of Troy Limited (HELE) posted second-quarter fiscal 2025 results, wherein both the top and bottom lines declined year over year. However, both metrics beat the Zacks Consensus Estimate. During the quarter, management advanced its long-term strategies by strengthening the core business and reshaping the growth portfolio. Despite ongoing macroeconomic challenges, the company achieved early success with its 'Reset and Revitalize' initiative, driven by stronger brand fundamentals, refined marketing and in ...
OXO Kitchenware Parent Helen of Troy Results Rebound After Weak Prior Quarter
Investopedia· 2024-10-09 15:35
Key Takeaways Helen of Troy shares soared Wednesday as the consumer products maker beat profit and sales forecasts after a big miss last quarter. The company got a boost from sales of its insulated beverageware and expanded retailer distribution. Sales of Beauty & Wellness products fell. Helen of Troy (HELE) shares soared Wednesday after the maker of consumer products posted better-than-anticipated results on demand for its insulated beverageware. The OXO parent reported fiscal 2025 second-quarter adjusted ...
Helen of Troy's Q2 Success: Earnings Beat and Strategic Restructuring
GuruFocus· 2024-10-09 15:14
Helen of Troy (HELE, Financial) saw a significant turnaround in Q2, with shares rising 19%. The company reversed its Q1 earnings miss, achieving revenue growth thanks to its "Reset and Revitalize" restructuring plan. Helen of Troy, known for brands like Oxo and Vicks, is also progressing with "Project Pegasus," aiming for $26-30 million in savings this year and $75-80 million by FY27. The company has paused divestment discussions due to undervalued offers. HELE operates in two segments: Home & Outdoor and B ...
Helen of Troy (HELE) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-10-09 14:30
For the quarter ended August 2024, Helen of Troy (HELE) reported revenue of $474.22 million, down 3.5% over the same period last year. EPS came in at $1.21, compared to $1.74 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $457.24 million, representing a surprise of +3.71%. The company delivered an EPS surprise of +12.04%, with the consensus EPS estimate being $1.08. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wal ...
Helen of Troy (HELE) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2024-10-09 12:55
Helen of Troy (HELE) came out with quarterly earnings of $1.21 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $1.74 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 12.04%. A quarter ago, it was expected that this personal and household products company would post earnings of $1.59 per share when it actually produced earnings of $0.99, delivering a surprise of -37.74%. Over the ...
Helen Of Troy Ltd (HELE) Q2 Earnings: EPS of $0.74 Beats Estimates, Revenue at $474.
GuruFocus· 2024-10-09 11:12
On October 9, 2024, Helen Of Troy Ltd (HELE, Financial) released its 8-K filing for the second quarter of fiscal 2025. The consumer products company, known for its diverse portfolio of brands, reported a GAAP diluted EPS of $0.74, surpassing the analyst estimate of $0.63. However, the company faced a 3.5% decline in consolidated net sales revenue, amounting to $474.2 million, which was below the estimated $458.24 million. Helen Of Troy Ltd (HELE) Oct 09, 2024 Powered by 0 Company Overview Helen Of Troy Ltd ...