Helen of Troy: After Poor Results, Speculative Buy Or Harbinger Of More Retail Pain?
Helen of Troy(HELE) Seeking Alpha·2024-07-09 18:45
We often follow Helen of Troy Limited (NASDAQ:HELE), an early earnings reporter, before the banks traditionally kick off earnings. Earlier in the year, we suggested closing out a winning trade, and considering running a house position forever and ever to capture long-term (as in multi-decade) future returns. While the call to take profits was prescient, as the stock pretty much near-term topped out around that call, shares have been crushed of late, most notably after the just-reported fiscal Q1 earnings. I ...