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) has sold its mass market Personal Care business, excluding Latin America and the Caribbean, to HRB Brands LLC for $44.7 million. This deal allows HRB Brands the option to purchase the Latin America and Caribbean segments by the end of fiscal year 2022. The proceeds will be used to enhance shareholder value through debt reduction, strategic acquisitions, or share repurchases. CEO Julien R. Mininberg emphasized this move aligns with their focus on eight Leadership Brands, which represent over 80% of sales in fiscal year 2021.
Hydro Flask, a brand under Helen of Troy Limited (NASDAQ: HELE), announces a $100,000 sponsorship for the Girl Scouts of the USA (GSUSA) to support the Girl Scouts Love the Outdoors Challenge. This initiative aims to encourage over 25,000 girls to engage in outdoor activities this summer. Additionally, Hydro Flask will provide over $265,000 in reusable insulated products to GSUSA. The program promotes environmental awareness and outdoor leadership among girls, aligning with Hydro Flask's commitment to increasing access to public lands.
On May 18, 2021, OXO, a trusted brand from the Housewares segment of Helen of Troy Limited (NASDAQ: HELE), announced the launch of a new product line, OXO Outdoor. This line focuses on enhancing outdoor cooking and cleaning experiences with durable, thoughtfully designed tools. Products will be available exclusively at REI starting May 2021. The initial assortment includes ten outdoor-specific items, priced between $5.95 and $24.95. OXO aims to address unmet needs in the outdoor market while committing 1% of annual sales to environmental nonprofits as part of its sustainability efforts.
Helen of Troy Limited (NASDAQ: HELE) reported strong fourth-quarter results with a 15.1% increase in consolidated net sales revenue, totaling $509.4 million, despite a $15 million impact from Winter Storm Uri. Leadership Brand net sales rose 20.2%, and online sales grew 30%. GAAP diluted EPS improved to $0.90, whereas non-GAAP adjusted EPS was $1.57. For fiscal 2021, net sales rose 22.9%, with GAAP EPS increasing to $10.08. The company remains optimistic for fiscal 2022, targeting adjusted EPS growth amid ongoing challenges.
Helen of Troy Limited (NASDAQ: HELE) has announced a conference call scheduled for April 28, 2021, at 9:00 a.m. Eastern Time, to discuss its fourth quarter and fiscal year 2021 results. Prior to the call, a press release with detailed financial results will be released. The call will feature CEO Julien R. Mininberg, CFO Brian Grass, and SVP Jack Jancin. Investors can participate by dialing (877) 407-3982 or joining the live webcast on the company’s investor page. A replay of the call will be available until May 5, 2021.
Hydro Flask, a brand of Helen of Troy Limited (NASDAQ: HELE), announced its 2021 Parks for All grant recipients, donating over $400,000 to 15 non-profit organizations aimed at enhancing access to public parks globally. Since 2017, the initiative has contributed over $1.9 million and supported 122 non-profits. The program prioritizes funding for organizations led by Black, Indigenous, and Latinx communities, reflecting a commitment to equitable access to green spaces. Key projects this year include grants to the National Park Foundation and Groundwork USA.
Helen of Troy Limited (NASDAQ: HELE) announced participation in two virtual conferences in January 2021. On January 12, CEO Julien Mininberg and senior executives will host a fireside chat at the 23rd Annual ICR Conference at 2:30 p.m. ET, available via webcast. The following day, at the CJS 21st Annual New Ideas for the New Year Conference, investor meetings will take place. Helen of Troy is a leading global consumer products company, known for brands like OXO, Hydro Flask, and Braun.
Helen of Troy Limited (NASDAQ: HELE) reported a 34.3% increase in consolidated net sales revenue for the quarter ending November 30, 2020, totaling $637.7 million. The company also noted a 20.5% rise in adjusted EPS to $3.76.
Noteworthy highlights include a 30.3% organic business growth and substantial increases across all business segments. The company anticipates crossing $2 billion in sales for the fiscal year and forecasts EPS growth of $2.20 or more. However, SG&A expenses rose, impacting operating margins, which decreased to 15.8%.
Helen of Troy Limited (NASDAQ: HELE) has entered an amended Trademark License Agreement with Revlon, granting an exclusive 100-year license for hair care appliances. The agreement includes a one-time fee of $72.5 million, eliminating ongoing royalties, and allows for three 20-year renewals. This strategic move is expected to bolster HELE's Beauty segment, which has doubled in size and market share recently. The deal is valued favorably, reflecting less than 9 times estimated after-tax cash flows for fiscal year 2022, leveraging HELE's strong balance sheet.
Helen of Troy Limited (NASDAQ: HELE) announced a conference call on January 7, 2021, at 9:00 a.m. Eastern Time to discuss its third quarter fiscal year 2021 results. A press release detailing these results will be issued before the market opens. The call will feature CEO Julien R. Mininberg, CFO Brian Grass, and SVP Jack Jancin. Institutional investors and analysts can participate by dialing (877) 407-3982 before the call starts. The conference will also be available via live webcast and a replay will be accessible until January 14, 2021.
