Why Helen of Troy Plummeted Nearly 30% Today

Across both of Helen of Troy's segments, home and outdoor revenue was down 8.6%, while beauty and wellness was down 15.2%. The across-the-board declines seemed to signal a broader weakness in home-related spending and not a specific competitive threat. The consumer appears to be under pressure. Shares of Helen of Troy (HELE -27.73%) were plunging in Tuesday trading, down 27.4% as of 12:53 p.m. ET. The consumer products company, which produces brands such as OXO kitchen supplies and Braun shaving products, r ...