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.
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Hydro Flask, a brand under Helen of Troy Limited (NASDAQ: HELE), has launched a pioneering Trade-In program in the U.S. This program enables customers to recycle used Hydro Flask products, including bottles and tumblers, for store credit. Customers will receive a $5.00 promo code for each item returned, encouraging responsible disposal and sustainability. Since 2017, Hydro Flask has recycled over 100,000 pounds of materials. The initiative aligns with the brand's commitment to reducing waste and promoting a circular economy, and it supports wider environmental goals through ongoing corporate responsibility efforts.
Helen of Troy Limited (NASDAQ: HELE) has announced the resignation of CFO
OXO, part of Helen of Troy Limited (NASDAQ: HELE), has expanded its partnership with nonprofits focused on sustainable food systems, adding new grantees under its 1% for the Planet commitment. Since 2020, OXO has increased its nonprofit partners from 5 to 20, supporting efforts to improve food education, recovery, and access globally. Their initiatives have led to significant environmental impact, preventing over 1,036 metric tons of greenhouse gas emissions and providing over 855,210 meals to those in need. This expansion reflects OXO's dedication to addressing pressing environmental issues and enhancing community well-being through innovative food programs.
Helen of Troy Limited (NASDAQ: HELE) reported a 10.6% decline in consolidated net sales for Q3 Fiscal 2023, totaling $558.6 million, compared to $624.9 million in Q3 Fiscal 2022. The GAAP diluted EPS fell 30.6% to $2.15, while Core adjusted diluted EPS decreased 26.1% to $2.75. The company has updated its Fiscal 2023 outlook, expecting net sales between $2.025 billion and $2.050 billion and GAAP diluted EPS to range from $4.82 to $5.11. They also announced restructuring efforts under Project Pegasus, aiming for operational cost savings.
Helen of Troy Limited (NASDAQ: HELE) will host a conference call on
Helen of Troy Limited (HELE) reported a 9.7% increase in consolidated net sales to $521.4 million for the second quarter of fiscal 2023, driven by core business growth of 11.1%. However, GAAP diluted EPS decreased 39.3% to $1.28, with core adjusted diluted EPS down 14.3% to $2.27. The company updated its fiscal 2023 outlook with anticipated net sales of $2.00-$2.05 billion and diluted EPS between $4.26-$4.93, reflecting challenges from inflation and shifting consumer behaviors. To improve efficiency, Project Pegasus aims for annual savings of $75-$85 million.
Helen of Troy Limited (NASDAQ: HELE) will host a conference call on October 5, 2022, at 9:00 a.m. ET to discuss its Q2 fiscal year 2023 results. A press release will precede the call, which will be led by CEO Julien R. Mininberg, CFO Matt Osberg, and SVP Jack Jancin. Investors can join the call by dialing (877) 407-3982 or via a live webcast at investor.helenoftroy.com. A replay will be available post-call through October 12, 2022.
Vicks has launched VapoPads Plus, an enhanced scent pad designed to provide relief through improved humidification. Targeted for the upcoming fall and winter months, the non-medicated pads feature a stronger blend of menthol, eucalyptus, and essential oils, offering up to eight hours of soothing vapors. The timing aligns with rising indoor dryness as temperatures drop, making it an ideal product for maintaining comfort. VapoPads Plus is compatible with various vaporizers, increasing its market accessibility. Available at major retailers like Walmart, this launch highlights Vicks' commitment to wellness.
Helen of Troy Limited (NASDAQ: HELE) reported fiscal Q1 2023 results showing a 6.1% decline in consolidated net sales to $508.1 million, with core net sales down 2.5%. GAAP diluted EPS was $1.02, down 55.8%, while core adjusted diluted EPS fell 27.2% to $2.41. The company updated its 2023 outlook, projecting consolidated net sales of $2.15-$2.20 billion and diluted EPS of <$6.51-$7.11, reflecting macroeconomic challenges and changing consumer patterns. Growth was noted in the Home & Outdoor segment, driven by acquisitions.
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