Core Viewpoint - Helen of Troy Limited reported weaker profitability and lowered its fiscal 2026 earnings outlook despite revenue exceeding expectations [1][2] Financial Performance - The company reported third-quarter adjusted earnings per share of $1.71, aligning with analyst consensus estimates [1] - Quarterly sales reached $512.829 million, a decrease of 3.4% year over year, but surpassed the expected $503.587 million [1] Earnings Outlook - Helen of Troy revised its fiscal 2026 adjusted EPS forecast to a range of $3.25 to $3.75, down from $3.75 to $4.25, which is below the $4.02 analyst estimate [2] - The fiscal 2026 sales outlook was narrowed to $1.758 billion to $1.773 billion from a previous range of $1.739 billion to $1.780 billion, compared to the $1.763 billion consensus estimate [2] Stock Performance - Following the earnings announcement, Helen of Troy shares fell by 5.5%, trading at $19.44 [2] Analyst Ratings - Canaccord Genuity analyst Susan Anderson maintained a Hold rating on Helen of Troy and lowered the price target from $23 to $22 [3] - UBS analyst Peter Grom maintained a Neutral rating and cut the price target from $25 to $22 [3]
These Analysts Cut Their Forecasts On Helen of Troy After Q3 Results - Helen Of Troy (NASDAQ:HELE)