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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Hot Tools®, a brand of Helen of Troy Limited (NASDAQ:HELE), announces its second-year sponsorship with the Country Music Association for the 55th Annual CMA Awards. Artists Brittney Spencer, Carly Pearce, and the duo Maddie & Tae will showcase Hot Tools hairstyles on the red carpet and during performances. Hot Tools emphasizes creativity in styling, and the partnership aims to inspire fans. The CMA Awards will be broadcast live from Nashville on November 10, 2021. For more details, visit www.HotTools.com.
White Oak Global Advisors announced a $51.5 million commitment for senior secured term debt financing to HRB Brands LLC for acquiring a portfolio of personal care brands from Helen of Troy Limited (NASDAQ: HELE). The acquisition includes well-known brands such as Brut, Pert, Sure, and Ammens. HRB, supported by Tengram Capital Partners, is a major player in North America's personal care sector, maintaining leading positions in hair care and skin cleansing. White Oak's financing aims to enhance HRB's portfolio and operational value.
Helen of Troy Limited (NASDAQ: HELE) reported net sales of $475.2 million for Q2 FY2022, a 10.5% decline from FY2021, primarily driven by a 33.1% drop in Health & Home segment sales due to EPA compliance issues. However, the company raised its FY2022 diluted EPS outlook to $7.88-$8.31, reflecting confidence in its performance despite challenges. Core diluted EPS decreased 29.7% to $2.65, while adjusted diluted EPS was set between $11.26-$11.56. Overall, the firm is navigating inflationary pressures and regulatory impacts as it adapts its operations.
Helen of Troy Limited (NASDAQ: HELE) will hold a conference call on October 7, 2021, at 9:00 a.m. Eastern Time to discuss its second quarter fiscal year 2022 results. A press release detailing these results will be issued before the market opens on the same day. The call features CEO Julien R. Mininberg and CFO Brian Grass, among others. Interested parties can join via phone or through a live webcast. A replay will be available post-call until October 14, 2021.
Helen of Troy Limited (NASDAQ: HELE) has authorized a
On August 24, 2021, OXO, a consumer brand under Helen of Troy Limited (NASDAQ: HELE), announced the launch of its 'Chefs in Residence' program. This initiative features renowned chefs Eden Grinshpan, Rick Martinez, and Kwame Onwuachi, who will share exclusive content, recipes, and cooking tips through OXO's platforms starting September 2021. The program aims to inspire home cooks by leveraging the chefs' diverse culinary backgrounds and enhance OXO's brand presence, further reinforcing its commitment to quality and innovation in kitchen tools.
On July 13, 2021, Hydro Flask, a brand under Helen of Troy Limited (NASDAQ: HELE), announced the launch of its 2021 #RefillForGood campaign aimed at reducing single-use plastic waste. This initiative includes a limited edition water bottle, with $100,000 of proceeds benefiting the Surfrider Foundation. The campaign encourages consumers to adopt reusable alternatives and supports environmental efforts through partnerships with pro athletes and advocates. Hydro Flask's commitment aligns with its goal of inspiring sustainable practices to protect oceans and green spaces.
Helen of Troy Limited (NASDAQ:HELE) reported a robust 28.6% increase in consolidated net sales revenue to $541.2 million for Q1 FY2022, driven by strong performance in Beauty and Housewares. Adjusted EPS rose 37.5% to $3.48, despite a $13.1 million charge for EPA compliance costs. Operating income stood at $64.8 million, reflecting 12.0% of net sales. The company anticipates a revenue decline of 5.5% to 8.0% for FY2022 due to the EPA matter, with projected consolidated diluted EPS of $6.80 to $7.49. Helen of Troy remains focused on long-term strategic growth amid inflationary pressures.
Helen of Troy Limited (NASDAQ: HELE) will host a conference call on July 8, 2021, at 9:00 a.m. Eastern Time to discuss its first quarter fiscal year 2022 results. Prior to the call, a press release detailing these results will be issued before market open. The call will feature CEO Julien R. Mininberg and CFO Brian Grass. Interested analysts can participate by dialing (877) 407-3982. A webcast will also be available on the company’s investor relations page.
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