Brief: Helen Of Troy Limited Reports Q2 Fiscal 2024 Results

Helen of Troy

04/10/2023 11:51

Oct 4 (Reuters) - Helen Of Troy Ltd  HELE.O :
    * HELEN OF TROY LIMITED REPORTS SECOND QUARTER FISCAL 2024
RESULTS
    * PROJECT PEGASUS ON TRACK TO DELIVER $20M FISCAL 2024
SAVINGS
TARGET
    * REITERATE OUR FULL YEAR OUTLOOK FOR THIS FISCAL YEAR
    * HELEN OF TROY: NOW ESTIMATES LOWER TOTAL ONE-TIME PRE-TAX
RESTRUCTURING CHARGES FOR PROJECT PEGASUS OF ABOUT $60 MILLION
TO $65 MILLION OVER DURATION OF PLAN
    * NOW EXPECTS CHARGES REGARDING PROJECT PEGASUS TO BE
COMPLETED
DURING FISCAL 2025
    * QTRLY CONSOLIDATED NET SALES REVENUE OF $491.6 MILLION, A
DECREASE OF 5.7%
    * QTRLY NON-GAAP ADJUSTED DILUTED EPS OF $1.74
    * CONTINUES TO SEE RETAILERS ALIGN THEIR INVENTORY PURCHASES
TO
MATCH THEIR CURRENT EXPECTATIONS OF CONSUMER SPENDING
    * ANNOUNCED AGREEMENT WITH BRIAN L. GRASS TO REMAIN CHIEF
FINANCIAL OFFICER EFFECTIVE AS OF SEPT 23
    * Q2 EARNINGS PER SHARE VIEW $1.64, REVENUE VIEW $485.0
MILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nBw3zfS44a 
Further company coverage:  HELE.O 

 ((Reuters.Briefs@thomsonreuters.com))