Core Viewpoint - Helen of Troy Ltd (HELE) reported disappointing fiscal Q1 2025 results, missing both EPS and revenue estimates, leading to a nearly 30% drop in share price. The company has lowered its full-year guidance significantly, indicating a challenging demand environment and increased competition [3][10][5]. Financial Performance - The company posted a non-GAAP EPS of $0.99, below the consensus forecast of $1.59, and down from $1.94 in the prior-year quarter [3]. - Revenue for the quarter was $417 million, a decline of 12.2% year-over-year, and also fell short of market estimates of approximately $446 million [3]. - The Home & Outdoor segment saw an 8.6% decline in sales, while the Beauty & Wellness group experienced a more significant 15.3% drop in organic revenue [11]. Management Commentary - CEO Noel Geoffroy expressed disappointment over the quarter, citing numerous internal and external challenges that impacted sales and EPS [13]. - Management has sharply reduced its full-year targets for net sales, adjusted EBITDA, EPS, and free cash flow, projecting a larger decline compared to previous estimates [5][14]. Market Reaction - The magnitude of the earnings miss and the adjustments to the full-year outlook contributed to a negative market reaction, with shares dropping nearly 30% [6][10]. - The ongoing weak trends raise concerns about the effectiveness of the company's restructuring efforts and its ability to make further adjustments [7]. Operational Insights - Despite the challenges, the company maintains ongoing profitability and positive free cash flow, albeit at reduced levels [8]. - The gross margin improved to 48.7% from 45.4% last year, but the adjusted operating margin declined to 10.3% from 13.9% in the same period last year [12]. Future Outlook - The updated outlook for fiscal 2025 includes net sales projected between $1.885 billion and $1.935 billion, a decrease of 5% year-over-year [14]. - Adjusted EBITDA is expected to be between $287 million and $297 million, reflecting a 13% decline from prior forecasts [14]. - The company initiated a cost reduction strategy known as the "Pegasus Project," aiming for $85 million in annual pre-tax operating profit improvements by fiscal 2027 [15]. Valuation Considerations - The current net debt stands at $732 million, with an adjusted EBITDA trajectory of around $290 million, resulting in a net leverage ratio of 2.5x [17]. - HELE is trading at approximately a 9x forward price-to-earnings multiple based on management's 2025 midpoint EPS guidance [17].

The earliest we might see a change in market appetite is later this morning. That's when Fed Chair Jerome Powell appears before the Senate Banking Committee, at 10am, to answer question regarding when interest rates might be expected to start coming down. Assuming there is no rate cut at the end of this month, it will mark a solid year at our current +5.25-5.50% Fed funds rate, which has kept things like bank loans more expensive, and applying downward pressure on inflation levels. Tuesday, July 9th, 2024 W ...

What if I purchased Helen of Troy securities? If you purchased securities and suffered losses on your investment, join our investigation now: Or for more information, contact Jim Baker at [email protected] or (619) 814-4471. What is Johnson Fistel investigating? On July 9, 2024, Helen of Troy announced its first-quarter revenue and profits, simultaneously slashing its full-year outlook for sales and earnings. Following this news, the Company's stock experienced a sharp decline, plummeting by 27% in pre-mark ...

'Unusual Number of Internal and External Challenges' bmccoll published on TradingView.com, Jul 09, 2024 09:31 UTC-4 Helen of Troy Limited, 1M, NASDAQ_63.34_-29.40 (-31.70%) N 2023 2015 2016 2017 2018 2020 2021 2022 2024 2019 "l" TradingView Helen of Troy shares crashed Tuesday after the consumer products maker missed profit and sales estimates and slashed its guidance as beauty and wellness product demand slumped. The company was also negatively impacted by a technical problem at its Tennessee distribution ...

This quarterly report represents an earnings surprise of -37.74%. A quarter ago, it was expected that this personal and household products company would post earnings of $2.31 per share when it actually produced earnings of $2.45, delivering a surprise of 6.06%. Helen of Troy, which belongs to the Zacks Cosmetics industry, posted revenues of $416.85 million for the quarter ended May 2024, missing the Zacks Consensus Estimate by 6.59%. This compares to year-ago revenues of $474.67 million. The company has to ...

Helen Of Troy (NASDAQ:HELE) stock is falling on Tuesday following the release of the consumer brand company's fiscal Q1 2025 earnings report. On top of that, the company reported revenue of $416.8 million. This is a miss compared to analysts' estimate of $445.85 million. It also represents a 12% decrease year-over-year from $474.67 million. "We are disappointed with the start to our fiscal year. We battled an unusual number of internal and external challenges in the quarter, which resulted in net sales and ...

Principles of Consolidation There have been no changes in the information provided in our Form 10-K. Note 4 - Share-Based Compensation Plans We recorded share-based compensation expense in SG&A as follows: Note 5 - Repurchases of Common Stock | --- | --- | --- | --- | --- | |--------------------------------------------------------------------|-------|----------------------------|-------|--------| | | | | | | | | | Three Months Ended May 31, | | | | (in thousands, except share and per share data) | | 2024 | ...

Helen of Troy Limited Reports First Quarter Fiscal 2025 Results Executive Summary – First Quarter of Fiscal 2025 Compared to Fiscal 2024 • Non-GAAP adjusted operating margin of 10.3% compared to 13.9% Exhibit 99.1 El Paso, Texas, July 9, 2024 — 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 threemonth period ended May 31, 2024. • Operating margin of 7.4% compared to 8.6% • Net ...

Four elite runners to join the team, three Osprey-backed athletes competing at 2024 Western States "Training for Western States" was shot and produced by Ryan Thrower for Freetail. In the film, Osprey offers fans a behind-the-scenes look at how its long-time athlete ambassadors, Rachel Drake and Tyler Green, have been training for the 100-mile endurance trail race. Drake and Green are ultramarathon runners with a special bond – they are a married couple and both are renowned competitors with several accolad ...

Helen of Troy Limited (HELE) is focusing on its Leadership Brands, emphasizing innovation and improving distribution channels. Initiatives such as Project Pegasus aim to increase efficiency and reduce costs. However, the company continues to encounter challenges such as economic volatility, inflationary pressures and changes in consumer spending patterns. Let's delve deeper. The Zacks Rank #3 (Hold) company is focused on making solid investments in its Leadership Brands, which is a portfolio of market-leadi ...