Helen of Troy beats Q3 revenue expectations

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

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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