Core Viewpoint - Helen of Troy Limited's shares experienced a significant decline of over 21% intra-day despite reporting fiscal second-quarter 2026 results that surpassed analyst expectations for both earnings and revenue [1] Financial Performance - The company reported adjusted earnings per share (EPS) of $0.59, exceeding estimates of $0.53, while revenue reached $431.8 million, surpassing expectations of $416.78 million [2] - However, both adjusted EPS and revenue showed substantial declines from the previous year, with adjusted EPS down 51.2% from $1.21 and revenue down 8.9% from $474.2 million [2] GAAP Loss and Impairment Charges - Helen of Troy reported a GAAP loss of $13.44 per share, primarily due to non-cash impairment charges totaling $326.4 million ($294.0 million after tax), which included $292.6 million in goodwill reductions and $33.8 million in intangible asset write-downs [3] - The gross margin contracted to 44.2% from 45.6% a year earlier, mainly due to higher tariffs that reduced consolidated margins by approximately 200 basis points [3] Future Outlook - For fiscal 2026, the company revised its adjusted EPS forecast to $3.75–$4.25, which is below analyst expectations of $4.58, while maintaining its revenue outlook of $1.74–$1.78 billion, aligning with consensus estimates of $1.75 billion [4]