Helen Of Troy Analysts Cut Their Forecasts Following Q2 Earnings

Core Insights - Helen Of Troy Limited reported a significant 51% decline in second-quarter adjusted earnings per share, attributed to ongoing cost pressures and tariff-related disruptions expected to impact results for the remainder of fiscal 2026 [1][2] - The company’s quarterly sales decreased by 8.9% year-over-year to $431.8 million, surpassing analyst expectations of $418.8 million [1] - The company anticipates third-quarter adjusted EPS between $1.55 and $1.80, which is below the analyst estimate of $1.98 [2] Financial Performance - Adjusted earnings per share fell 51.2% year-over-year to 59 cents, exceeding the consensus estimate of 53 cents [1] - For fiscal year 2026, the company projects adjusted EPS of $3.75 to $4.25, compared to the street view of $4.58, and sales of $1.739 billion to $1.780 billion against a consensus of $1.750 billion [2] Analyst Reactions - Canaccord Genuity analyst Susan Anderson maintained a Hold rating on Helen Of Troy and reduced the price target from $26 to $23 [4] - UBS analyst Peter Grom also maintained a Neutral rating, lowering the price target from $27 to $25 [4]