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) delivers innovative consumer products through its Home & Outdoor and Beauty & Wellness segments, powering brands like OXO and Hydro Flask. This news hub provides investors and stakeholders with essential updates about the company's strategic developments and market position.
Access authoritative coverage of HELE's earnings announcements, product innovations, leadership updates, and partnership agreements. Our curated news collection ensures you stay informed about regulatory filings, sustainability initiatives, and competitive positioning in the global consumer goods sector.
Discover timely updates across key categories including new product launches, financial performance metrics, and operational milestones. The repository serves as your primary source for understanding how HELE's design-driven approach and diversified portfolio address evolving consumer needs worldwide.
Bookmark this page for streamlined access to verified HELE developments. Combine regular monitoring with our historical news archive to track the company's progress in creating value through quality-driven consumer solutions.
Helen of Troy Limited (NASDAQ: HELE) reported a 16.7% decline in consolidated net sales for Q4 FY2023, generating revenue of $484.6 million. Core business sales fell 16.2%, impacted by lower consumer demand and reduced retail orders due to high inventory levels. Despite this, the company achieved a GAAP diluted EPS of $1.50 and adjusted diluted EPS of $2.01, albeit down 19.9% from FY2022. Operating margin improved to 11.1%, up from 8.7% a year prior, with an adjusted EBITDA margin of 15.2%, boosted by operational efficiency initiatives from Project Pegasus. For FY2024, Helen of Troy projects consolidated net sales between $1.965 billion and $2.015 billion, with adjusted EPS guidance of $8.50-$9.00.
Julien Mininberg will retire as CEO of Helen of Troy Limited (NASDAQ: HELE) on
Hot Tools, with over 30 years in the hair tools industry, has launched its first-ever liquids haircare line, Protect & Style Collection, exclusively at Ulta Beauty. This collection is designed to repair, restore, and protect hair from heat damage, featuring five core products: Restorative Heat Care Cleanse and Repair Shampoo, Repair and Protect Conditioner, Heat Defense Instant Detangling Mist, Heat Bonding Styler Recovery Cream, and Heat Complete Protective Flexible Hairspray. Each product is formulated without silicones and is clinically proven to protect hair up to 455°F. The collection's MSRP is $25 per item. This launch reflects Hot Tools' commitment to innovation and addressing consumer concerns regarding hair health when using heat styling tools.
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