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Helen Of Troy Ltd (NASDAQ: HELE) is a prominent global consumer products company known for its innovative solutions and diverse range of brands. The company operates through two primary segments: Home & Outdoor and Beauty & Wellness. The Home & Outdoor segment features products for food preparation, cooking, cleaning, organization, and outdoor activities like hydration, food storage, backpacks, and travel gear. Their Beauty & Wellness segment offers a variety of mass and prestige market beauty appliances, liquid-based hair and personal care products, and wellness devices such as thermometers, humidifiers, and air filtration systems.
Helen Of Troy has established a strong market position with brands like OXO, Hydro Flask, Osprey, Vicks, Braun, Honeywell, PUR, Hot Tools, and Drybar. The company emphasizes new product innovation, superior product quality, and competitive pricing, which contribute to its leadership in the consumer products market.
Recent Achievements: Helen Of Troy consistently updates its product line to meet consumer needs. For instance, Vicks®, a licensed brand, launched VapoPads Sinus, a new formula designed to provide symptomatic relief for sinus and allergy sufferers. This product aligns with the company’s goal to enhance consumer wellness by leveraging essential oils like menthol, chamomile, and citrus.
Financial Condition: Helen Of Troy has maintained a robust financial profile, supporting its strategic initiatives and continued growth. The company’s diversified brand portfolio and focus on high-quality, innovative products contribute to its sustained financial health.
Partnerships and Projects: In recent news, Osprey Packs, part of Helen Of Troy’s brand family, celebrated its 50th anniversary by introducing new high-performance carry solutions and expanding its Pro Series and Extended Fit lines. Osprey’s commitment to sustainability is evident through its products carrying the bluesign® certification, which ensures they meet stringent safety and environmental standards.
Helen Of Troy continues to make strides in its respective markets, driven by a commitment to quality, innovation, and consumer satisfaction. For more information, visit helenoftroy.com.
Osprey, a Helen of Troy brand (NASDAQ: HELE), announces its most sustainable collection for Fall 2025, featuring significant environmental innovations. The company introduces its proprietary ReComp™ fabric, made from 70% post-consumer and 30% pre-consumer recycled polyester, which will be featured in the new Arcane™ Earth series.
The collection includes a new partnership with Looptworks, a Certified B , for end-of-use recycling, ensuring products that can't be donated or repaired will be downcycled into non-woven products. The Arcane Earth series includes a Duffel Pack ($170), Roll Top Pack ($130), Large Day Pack ($120), and Hip Bag ($70).
Additionally, 83% of Osprey's product line will carry the bluesign Product designation by Fall 2025, marking a 13% increase from Fall 2024. The collection will be available in July 2025 through osprey.com and specialty retailers across 60+ countries.
Osprey Packs unveils its Fall 2025 lifestyle collection, featuring innovative sustainable designs and expanded product lines. The highlight is the new Arcane Earth series, which introduces ReComp™ fabric made from 70% post-consumer and 30% pre-consumer recycled polyester, utilizing factory cutting scraps. The collection includes products ranging from $70 to $170.
The launch also features the Daylite series with advanced water-resistant technology, including coated zippers and bluesign APPROVED carbonate-coated fabric, priced from $50 to $120. The Aoede SyncPack ($180) joins the Aoede series, offering digital nomad functionality with a detachable 16-inch laptop sleeve and QuickFlap closure. The 24/7 series expands with the Nebula Sling ($75), featuring a 14-inch laptop sleeve and organized clamshell design.
The entire Fall 2025 collection will be available from July 2025 through osprey.com and specialty retailers across 60+ countries.
Helen of Troy (NASDAQ: HELE), a company focused on branded consumer home, outdoor, beauty, and wellness products, has announced its participation in the ICR Conference 2025. The event will take place at the Grande Lakes Orlando in Orlando, Florida on January 13, 2025.
The company's leadership team, including CEO Noel Geoffroy, CFO Brian Grass, SVP of Business Development and Investor Relations Sabrina McKee, and Director of External Communications Anne Rakunas, will conduct investor meetings and participate in a fireside chat presentation. The presentation is scheduled for 8:30 a.m. Eastern Time and will be accessible via live webcast through Helen of Troy's Investor Relations website.
Helen of Troy (NASDAQ: HELE) reported Q3 fiscal 2025 results with consolidated net sales declining 3.4% to $530.7 million. The company saw a gross profit margin expansion of 90 basis points to 48.9% and adjusted operating margin improvement of 30 basis points to 16.6%.
Home & Outdoor segment showed growth with sales increasing 4.3% to $246.1 million, while Beauty & Wellness segment declined 9.3% to $284.6 million due to weak winter and illness season. The company completed the acquisition of Olive & June on December 16, 2024.
For fiscal 2025, Helen of Troy narrowed its consolidated net sales guidance to $1.888-$1.913 billion, lowered GAAP diluted EPS to $4.60-$5.02, and adjusted diluted EPS to $7.15-$7.40. Project Pegasus remains on track to deliver savings of $26-30 million.
Helen of Troy (NASDAQ: HELE) has rescheduled its third quarter fiscal 2025 earnings release to Wednesday, January 8, 2025, before market open, one day earlier than initially planned. The change is due to the observance of the National Day of Mourning for former President Jimmy Carter.
The company will host a conference call at 9:00 a.m. Eastern Time on January 8, 2025, led by CEO Noel Geoffroy, CFO Brian Grass, and SVP of Business Development and Investor Relations Sabrina McKee Budd. Institutional investors and analysts can join by dialing (877) 407-3982. A webcast replay will be available for one year, and a telephone replay will be accessible until January 22, 2025, using pin number 13750606.
Helen of Troy (NASDAQ: HELE) has announced it will release its third quarter fiscal 2025 results before market opening on Thursday, January 9, 2025. The company will host a conference call at 9:00 a.m. Eastern Time on the same day, featuring CEO Noel Geoffroy, CFO Brian Grass, and SVP of Business Development and Investor Relations Sabrina McKee Budd. Institutional investors can join via phone, while a webcast will be available on the company's investor relations website. A replay will be accessible until January 23, 2025, via phone and for one year on the website.
Helen of Troy (NASDAQ: HELE) has completed its acquisition of Olive & June, an innovative omni-channel nail care brand. The acquisition involves an initial cash consideration of $229.4 million, with potential additional contingent payments of up to $15 million based on performance over 3 years.
The company borrowed $235.0 million under its Credit Agreement to finance the transaction. Helen of Troy expects Olive & June to generate approximately $92 million in net sales revenue for 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, adjusted diluted EPS growth rate, and free cash flow conversion.
Osprey Packs unveils its Winter 2025 collection, featuring three major product lines: the new Mountain Bound series for ski and snowboard gear transport, the redesigned Glade series for hydration, and the updated Soelden | Sopris series for backcountry adventures. The Mountain Bound series includes a Roller ($300), Boot Pack Plus ($170), and Boot Pack ($140). The Glade series expands with three models ranging from $90-$140, featuring improved hydration insulation. The Soelden | Sopris line offers packs from $160-$220, with a Pro version at $1,400 featuring an electronic avalanche airbag system. All products will be available globally starting July 2025.
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.