Brief: Helen Of Troy Limited Reports Q2 Revenue Of $521.4 Mln, Up 9.7%

Helen of Troy

05/10/2022 11:48

Oct 5 (Reuters) - Helen Of Troy Ltd  HELE.O :
    * HELEN OF TROY LIMITED REPORTS SECOND QUARTER FISCAL 2023
RESULTS
    * Q2 GAAP EARNINGS PER SHARE $1.28
    * Q2 ADJUSTED NON-GAAP CORE EARNINGS PER SHARE $2.27
    * Q2 REVENUE ROSE 9.7 PERCENT TO $521.4 MILLION
    * UPDATES FISCAL 2023 NET SALES AND DILUTED EPS OUTLOOK
    * SEES FY CONSOLIDATED NET SALES TO $2.00-$2.05 BILLION
    * SEES FY CONSOLIDATED DILUTED EPS TO $4.26-$4.93;
CONSOLIDATED
ADJUSTED DILUTED EPS TO $9.00-$9.40
    * ANNOUNCES PROJECT PEGASUS RESTRUCTURING PLAN TARGETING
ANNUALIZED SAVINGS OF $75-$85 MILLION
    * EXPECT CURRENT EXTERNAL OPERATING ENVIRONMENT TO REMAIN
HIGHLY
CHALLENGING, CAUSING US TO LOWER OUR FISCAL YEAR 2023 OUTLOOK
    * EXPECT CURRENT EXTERNAL OPERATING ENVIRONMENT TO REMAIN
HIGHLY
CHALLENGING, CAUSING US TO LOWER OUR FISCAL YEAR 2023 OUTLOOK
    * HELEN OF TROY - DUE TO SALE OF PERSONAL CARE BUSINESS, CO
IS NOT
CURRENTLY EXPECTING ANY MATERIAL ACTIVITY RELATED TO NON-CORE
BUSINESS IN FISCAL 2023
    * Q2 EARNINGS PER SHARE VIEW $2.21, REVENUE VIEW $518.4
MILLION --
REFINITIV IBES DATA
    * FY2023 EARNINGS PER SHARE VIEW $10.06, REVENUE VIEW $2.16
BILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw6D1TGla 
Further company coverage:  HELE.O 
 ((Reuters.Briefs@thomsonreuters.com;))