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 ...

Let's delve deeper. In October 2023, the company introduced 'Elevate for Growth,' a six-year strategic plan representing a significant shift in strategy. This transformative approach prioritizes innovative portfolio management, incremental investment in brands and capabilities and exploration of new distribution channels. The aim is to ensure that HELE meets its objectives in the fiscal 2025 and beyond. Management is actively refining brand equity to better target consumers and refine brand positioning. Exp ...

Core Viewpoint - Helen of Troy is positioned for potential growth due to strong free cash flow generation, cost reduction strategies, and a focus on debt repayment, despite current low stock valuations [3][4][10]. Financial Performance - The company reported a free cash flow yield above 10%, which is a significant indicator of its financial health [3][8]. - For FY 2025, consolidated net sales revenue is expected to be between $1.965 billion and $2.025 billion, reflecting a decline of 2.0% to growth of 1.0% [3]. - EBITDA is projected to be between $324 million and $331 million, with free cash flow estimates ranging from $255 million to $275 million [3]. Profit Margins - Gross profit margins are at a 10-year high of 47%, while operating margins are close to the best level in a decade at 14% [4][5]. - After-tax margins are near average levels at 8.4%, despite increased interest expenses [4]. Debt Management - The company has successfully reduced its financial debt from a peak of $1.14 billion in August 2022 to $659 million as of February [6]. - Management aims to continue debt reduction, which is expected to enhance profit margins and earnings in the future [6][7]. Valuation Metrics - Helen of Troy's price-to-earnings (P/E) ratio is currently at 13.9x, which is near a 10-year low [8]. - The enterprise value to EBITDA ratio is estimated at 9.7x, also close to historical lows [8]. - The current free cash flow yield of 10.5% is significantly higher than the average for S&P 500 blue-chip companies, which is around 4% [8]. Market Sentiment - There has been a noticeable recovery in stock price since the guidance cut in April, indicating that negative news may have already been priced in [9]. - Technical indicators suggest a potential price reversal, with strong trading momentum observed since late April [9]. Future Outlook - Analysts project EPS growth from $9.00 in FY 2025 to $11.95 in FY 2027, indicating a positive growth trajectory [14]. - The company is expected to benefit from cost-cutting measures and a focus on debt reduction, which could lead to improved cash earnings in the coming years [13].

It has been about a month since the last earnings report for Helen of Troy (HELE) . Shares have added about 14% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Helen of Troy due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Helen of Troy Q4 Earnings Top Estimates, Sa ...

Investors in Helen of Troy Limited (HELE) need to pay close attention to the stock based on moves in the options market lately. That is because the Jul 19, 2024 $55 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could ...

Core Insights - Helen of Troy Limited (HELE) is strategically focused on its Leadership Brands, investing in innovation and distribution channels while facing economic pressures such as inflation and reduced consumer spending [1][8] Group 1: Leadership Brands and Sales Performance - The company benefits from a solid Leadership Brand portfolio, with fourth-quarter fiscal 2024 sales increasing by 1% to $418.9 million, driven by brands like OXO, Hydro Flask, and Braun [2] - Continuous investments in productive brands are expected to yield robust results for the company [2] Group 2: Strategic Initiatives - In October 2023, the company launched a six-year strategic plan called Elevate for Growth, focusing on innovative portfolio management and exploring new distribution avenues [4] - Management aims to enhance brand equity and grow international business, leveraging a new distribution center in Tennessee for improved scale and service capabilities [5] Group 3: Project Pegasus - Project Pegasus is a global restructuring plan aimed at expanding operating margins through efficiency improvements and cost reductions [6] - The project includes optimizing the brand portfolio, streamlining the organization, and enhancing supply-chain efficiency [6] Group 4: Challenges in Beauty & Wellness Division - The Beauty & Wellness division is experiencing a decline, with fourth-quarter fiscal 2024 net sales down 2.5% to $265.9 million, attributed to weaker consumer demand and a drop in humidification sales [7] - For fiscal 2025, net sales in this segment are projected to decline by 1.5% to 4.5% [7] Group 5: Financial Outlook - The company expects consolidated net sales for fiscal 2025 to range from $1.965 billion to $2.025 billion, indicating a potential decline of 2% to growth of 1% [9] - Adjusted earnings per share (EPS) are forecasted between $8.70 and $9.20, with adjusted EBITDA projected to range from $324 million to $331 million, reflecting a decrease of 3.6% to 1.6% [9] Group 6: Short-term Projections - In the first quarter of fiscal 2025, the company anticipates a sales decline of 5% to 7%, with a projected drop in adjusted EPS of 15% to 20% [10] - The company's shares have declined by 10.5% over the past three months, compared to a 9.6% decline in the industry [10]

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, including tried-and-true valuation metr ...

Helen of Troy Limited (HELE) posted impressive fourth-quarter fiscal 2024 results, wherein the top and bottom lines beat the Zacks Consensus Estimate and increased year over year. The company remains committed to prioritizing consumers by continuously delivering quality brands and products that are well-messaged and appropriately placed."Elevate for Growth" signifies a transformative strategy for the company, prioritizing innovative portfolio management, incremental investment in brands and capabilities, an ...