Overview
Consumer products firm's Q3 revenue fell 3.4% yr/yr but beat analyst expectations
Adjusted EPS for Q3 met analyst expectations
Company faced higher tariffs and interest expenses impacting profitability
Outlook
Helen of Troy expects fiscal 2026 net sales of $1.758 bln to $1.773 bln
Company projects fiscal 2026 adjusted EPS of $3.25 to $3.75
Helen of Troy anticipates fiscal 2026 GAAP loss per share of $36.07-$35.57
Result Drivers
ORGANIC SALES DECLINE - Co reported a 10.8% decline in organic sales, driven by lower demand in insulated beverageware, hair appliances, and thermometers
ACQUISITION CONTRIBUTION - Olive & June acquisition contributed $37.7 mln to sales, partially offsetting organic decline
HIGHER TARIFFS - Co faced net unfavorable impact from higher tariffs, affecting gross profit margin
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$512.80 mln
$503.59 mln (4 Analysts)
Q3 Adjusted EPS
Meet
$1.71
$1.71 (5 Analysts)
Q3 EPS
-$3.65
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the appliances, tools & housewares peer group is "hold"
Wall Street's median 12-month price target for Helen of Troy Ltd is $24.00, about 13.9% above its January 7 closing price of $21.08
The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 5 three months ago
Press Release: ID:nBw6lFPP4a
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)