Welcome to our dedicated page for Helen Of Troy news (Ticker: HELE), a resource for investors and traders seeking the latest updates and insights on Helen Of Troy stock.
Helen of Troy Limited (NASDAQ: HELE) news covers developments across its Home & Outdoor and Beauty & Wellness segments and its portfolio of widely recognized consumer brands. The company’s releases provide updates on quarterly financial results, segment performance, credit facility amendments, leadership changes, and brand‑level initiatives in categories such as home tools, insulated drinkware, packs and travel gear, hair styling, and wellness devices.
Investors following HELE news will find detailed earnings announcements that discuss consolidated net sales trends, gross profit margins, operating margins, non‑cash impairment charges, and non‑GAAP measures like adjusted operating margin, adjusted diluted EPS, and adjusted EBITDA. These releases also break out performance for the Home & Outdoor and Beauty & Wellness segments, explaining how factors such as tariffs, competition, retailer inventory decisions, and international market dynamics have influenced results.
Company news also highlights capital structure and governance updates. For example, Helen of Troy has reported amendments to its revolving credit facility, including changes to leverage and interest coverage covenants, and has disclosed shareholder votes on its stock incentive plan and auditor appointment. Form 8‑K‑related releases describe the appointment of a new Chief Executive Officer, his subsequent appointment to the board, and other executive transitions.
Brand‑focused announcements feature product launches and collaborations within the portfolio. Recent examples include OXO’s Chefs in Residence program, Hydro Flask’s multi‑year collaboration with Arbor Snowboards, Osprey’s introduction of an updated run collection, and Revlon Hair Tools’ launch of a new multi‑styling hair tool. Together, these updates illustrate how Helen of Troy uses its brands to engage consumers in home, outdoor, beauty, and wellness markets.
For readers tracking HELE, this news feed brings together financial disclosures, strategic and governance updates, and brand‑level activity, offering a view into how Helen of Troy manages its multi‑brand consumer products platform over time.
Helen of Troy (NASDAQ: HELE) has announced an agreement to acquire Olive & June, a nail care brand, for $240 million, including a $15 million earnout. The deal implies a multiple of less than 11x estimated calendar year 2025 adjusted EBITDA before synergies. Olive & June, founded in 2013, is expected to generate approximately $92 million in net sales revenue in calendar year 2024. The acquisition is expected to be immediately accretive to Helen of Troy's revenue growth rate, gross profit margin, adjusted EBITDA margin, and free cash flow conversion. The transaction is anticipated to close before the end of calendar year 2024.
PUR, a Helen of Troy brand and the #1 selling brand in lead filtration, is launching an initiative to address lead water contamination concerns amid new EPA regulations. The company has announced a $25,000 donation to the Water Quality Research Foundation (WQRF) to support education and access to water testing kits for schools nationwide.
Key points from the press release include:
- Over 12 million lead pipes may be releasing lead into water supply lines
- A recent study reveals a lack of awareness about lead contamination among consumers
- PUR intends to donate up to 10,000 water filtration faucet mounts and pitchers to impacted schools
- The company has distributed over half a million water filtration systems and replacement filters in communities across the U.S. and Canada
PUR aims to help families take immediate action to improve their drinking water while municipalities work on replacing lead service lines over the next decade.
OXO, a consumer brand from Helen of Troy (NASDAQ: HELE), announces its fourth annual Chefs in Residence program featuring James Beard Award-winning chefs Marcus Samuelsson, Bricia Lopez, and Dan Kluger. The program aims to make professional techniques and inspiring recipes more accessible to home chefs, offering tips for everyday cooking and creative use of pantry staples with OXO's innovative tools.
This year's content series, 'Fresh Take with OXO Chefs in Residence,' addresses consumer challenges like convenience, budget-friendly cooking, exploring global flavors, gaining kitchen confidence, and minimizing food waste. The chefs will share recipes that streamline meal prep, fuse global flavors, and inspire culinary creativity using OXO's award-winning products.
Viewers can expect engaging content, including behind-the-scenes glimpses into the chefs' routines and practical tips for enhancing their cooking with OXO tools.
Hydro Flask, a brand under Helen of Troy (NASDAQ: HELE), has launched its latest brand campaign, 'We Make It. You Own It.' The campaign emphasizes the company's commitment to delivering high-quality, meticulously designed reusable products that enhance consumer experiences. It highlights how customers personalize and use Hydro Flask products to express their individuality. The campaign will be rolled out globally across digital, social, and paid media platforms, including Hulu, Roku, and Amazon. Additionally, Hydro Flask is expanding its product collections with new styles, colors, and edition drops. The new Travel Bottle, featuring award-winning insulation and leakproof technology, is among the latest offerings.
Helen of Troy (NASDAQ: HELE) has announced the release date for its second quarter fiscal 2025 results. The company will disclose its financial performance before the stock market opens on Wednesday, October 9, 2024. Following the release, a conference call and webcast will be held at 9:00 a.m. Eastern Time on the same day.
The call will feature Noel Geoffroy (CEO), Brian Grass (CFO), and Sabrina McKee (SVP of Business Development and Investor Relations). Institutional investors and analysts can participate by dialing (877) 407-3982. The webcast will be available on the company's investor relations website. A replay of the call will be accessible until October 23, 2024.
OXO, a brand under Helen of Troy (NASDAQ: HELE), has launched the OXO Rapid Brewer, an innovative portable coffee maker priced at $39.95. This compact device brews hot concentrated coffee in 2 minutes and smooth, low-acid cold brew in 5 minutes without the need for steeping, cords, or charging. Key features include:
- Portable and cordless design
- High-pressure extraction for rich flavor
- Versatility in creating various coffee concoctions
- Easy to use and clean
- Made with recycled content
The Rapid Brewer will be available on OXO.com and Amazon from September 17, 2024, and at Target from October 1, 2024. OXO has partnered with chef Dan Kluger for exclusive recipes and developed a microsite to enhance the user experience.
Helen of Troy (NASDAQ: HELE) has announced a new $500 million share repurchase authorization, effective August 20, 2024, for a three-year period. This replaces the existing authorization, of which $245.3 million remained. The repurchase, representing about 43% of outstanding common stock, can be executed through various means, including open market purchases and accelerated share repurchase programs.
CEO Noel M. Geoffroy stated that this move reflects confidence in the company's strategic initiatives, brand strength, and long-term growth opportunities. Helen of Troy, with approximately 22.8 million shares outstanding as of August 20, 2024, remains committed to growth investments and reducing its net leverage ratio by fiscal year-end.
Osprey, a leading innovator in carry solutions, is set to launch a revamped Transporter™ series for spring 2025. The redesign features the new NanoTough™ fabric technology, which is 100% recycled and bluesign® approved. This innovative material offers increased strength, abrasion resistance, and water resistance while being lighter and more environmentally friendly. The updated line includes:
- Expanded Transporter Duffels (30-150 liters)
- Transporter Wheeled Duffels
- Transporter Carry-On travel bags
- New Transporter Squffel™ (44L and 70L)
- Travel Packs (36L and 44L)
- Gear Totes, Roll Top backpack, Zinch backpack, and Sling bag
The collection will be available from February 2025 at osprey.com and specialty retailers globally.
Osprey Packs, a leader in innovative carry solutions, is set to launch an upgraded version of its best-selling Talon™ I Tempest Series for spring 2025. The update includes pro-level feature upgrades, sustainable material enhancements, expanded capacities, and Extended Fit sizing. Key improvements include:
1. Pro-level features borrowed from the Pro Series, offering improved structure and fit.
2. Sustainable materials with increased recycled content, building on the 2024 bluesign® PRODUCT certification.
3. Five capacity options ranging from 11 to 44-liters, plus a new 6-liter lumbar pack.
4. Extended Fit sizing for 6-liter and 33-liter models, joining the existing 22-liter EF pack.
The upgraded series, priced from $90 to $220, will be available in February 2025 through osprey.com and specialty retailers globally.
Osprey Packs is set to launch two Poco™ Soft Child Carriers in Spring 2025, expanding its family-oriented product line. These carriers, priced at $135 for the standard model and $120 for the LT version, are designed for outdoor adventures and everyday use respectively. Key features include:
- Three carrying positions: facing in, facing out, and back carry
- Breathable 3D ventilated mesh fabric
- Capacity to hold up to 33 pounds
- Machine-washable
- Made with bluesign® approved, 100% recycled nylon
- First certified bluesign® PRODUCT child carrier in the market
The carriers will be available from January 2025 at osprey.com and specialty retailers worldwide, complementing Osprey's existing range of family-oriented products.