Últimas noticias sobre Helen Of Troy (NASDAQ:HELE) Bolsa

Helen Of Troy

Helen Of Troy Ltd is a consumer products company offering creative products and solutions for its customers through a diversified portfolio of brands. It has two operating segments: Home & Outdoor segment provides a broad range of consumer products for home activities such as food preparation, cooking, cleaning, and organization; as well as products for outdoor and on-the-go activities such as hydration, food storage, backpacks, and travel gear, and The Beauty & Wellness segment provides beauty and wellness products including mass and prestige market beauty appliances, prestige market liquid-based hair and personal care products, and wellness devices including thermometers, water and air filtration systems, humidifiers, and fans.

Helen Of Troy Ltd

HELENS INTL HLDG U/ADR by Helens International Holdings Company Limited

There is a significant shift in institutional activity for Helen of Troy (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hele#NASDAQ">HELE</a>) shares. The institutions shifted from selling to buying in Q3, creating a solid tailwind due to the high interest. Institutions own nearly 99% of this stock, leaving less than 1.5% for insiders, retail investors, and short-sellers. Coincidentally, the short interest is also high, over 10% in the last report and nearly 10% in mid-September, providing ample fuel for a short-covering rally.&nbsp;
The takeaway for investors is that consumer products maker Helen of Troy has hit its market bottom and is now set to rebound. The rebound will likely take time to develop but will deliver sufficient upside to make this investment more than interesting. Trading near a decade low, technical targets for the stock price suggest a nearly 50% upside with a chance for a full reversal. In that scenario, the stock could gain another 50% to 100% over the next few years.&nbsp;
Insider activity is also noteworthy&mdash;not because of its volume but because of its lack thereof. Data from Insidertrades.com shows that insiders haven&#39;t sold or purchased this stock since 2023, the last being CFO Brian L. Grass&#39;s purchase. The lack of sales is a sign of insider confidence; investors should not be surprised if insiders start buying shares at such low levels.&nbsp;
<h2>Helen of Troy Outperforms in FQ2: Shares Surge</h2>
Helen of Troy continues to face challenges, including macroeconomic headwinds and efforts to improve efficiency. However, the Q2 results reflect a positive impact of the company&#39;s global restructuring effort named Project Pegasus. The Q2 revenue is down compared to last year but 330 basis points better than expected, with greater strength on the bottom line. The revenue decline is due to weakness in the Beauty and Wellness segments, offset by Home and Outdoors growth. Home and Outdoors sales grew nearly 1.0% despite negative product mix shifts, while Beauty and Wellness contracted by 7.7%.&nbsp;
Margin news is equally good. The company&#39;s margin contracted at the gross and operational levels in the GAAP and adjusted comparisons but was less than expected. The gross margin fell by 110 bps and the adjusted operating margin by 260, leaving the operating margin at 9.8%. The salient detail is that the 9.8% adjusted margin left the earnings down by double-digits, but the $1.21 in adjusted EPS is 1500 basis points ahead of the consensus estimate, providing sufficient cash flow to sustain operations, reinvestment, and capital return.
Guidance is mixed but indicates a turning point for the business. The company reaffirmed its full-year targets for revenue and earnings, which puts revenue in alignment with the consensus estimate and the EPS midpoint above it. The negative detail is that the free cash flow and debt reduction targets were eased but there is a mitigating factor. Operational challenges at the Tennessee distribution facility impact the cash flow. The automation effort hit snags in Q1, but remediation efforts have been largely completed. The impact on cash flow will end before the fiscal year-end, and automation is expected to drive additional efficiency in calendar 2025.&nbsp;
<h2>Helen of Troy Has a Fortress Balance Sheet</h2>
Helen of Troy has hurdles to cross but is in a position to do so. The balance sheet highlights include steady assets, declining debt, low leverage, and improving shareholder equity despite debt reduction and capital return. The capital return, in the form of share buybacks, ramped in Q2 compared to last year, reducing the average count by 5%.&nbsp;
The pace of buybacks is expected to continue in F2025 because of the recently announced increase in authorization. The new total is $500 million, which is a tailwind for the market because it is worth 35% of the market cap with shares at a ten-year low. Regarding leverage, total liability, including long-term debt, is about 1x equity.&nbsp;
Following the report, Helen of Troy shares surged nearly 20% in premarket trading. The move suggests that short-covering has begun and a bottom is in play. The critical resistance target is near $75 and the 150-day EMA; a sustained rally may soon form if the market moves above it. If not, the market may become range-bound at current levels until more news is available.&nbsp;
<img alt="Helen of Troy HELE stock chart" class="aligncenter" src="https://www.marketbeat.com/logos/articles/med_20241009082638_chart-hele-1092024.png" style="height:423px; width:917px" />
The article &quot;<a href="https://www.insidertrades.com/education/insiders-hold-tight-as-helen-of-troy-prepares-for-a-major-rebound/">Insiders Hold Tight as Helen of Troy Prepares for a Major Rebound</a>&quot; first appeared on MarketBeat.

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Insiders Hold Tight as Helen of Troy Prepares for a Major Rebound

DA Davidson analyst Linda Bolton Weiser maintains Helen Of Troy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) with a Neutral and raises the price target from $67 to $71.

DA Davidson Maintains Neutral on Helen Of Troy, Raises Price Target to $71

Canaccord Genuity analyst Susan Anderson maintains Helen Of Troy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) with a Buy and raises the price target from $84 to $92.

Canaccord Genuity Maintains Buy on Helen Of Troy, Raises Price Target to $92

Helen of Troy Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hele#NASDAQ">HELE</a>) posted second-quarter fiscal 2025 results, wherein both the top and bottom lines declined year over year. However, both metrics beat the Zacks Consensus Estimate.
During the quarter, management advanced its long-term strategies by strengthening the core business and reshaping the growth portfolio. Despite ongoing macroeconomic challenges, the company achieved early success with its &#39;Reset and Revitalize&#39; initiative, driven by stronger brand fundamentals, refined marketing and innovation efforts and expanded distribution.
<h2>HELE&#39;s Q2 in Detail</h2>
Adjusted earnings of $1.21 per share surpassed the Zacks Consensus Estimate of $1.08, delivering a positive surprise of around 12%. However, the bottom line declined 30.5% year over year due to reduced adjusted operating income and higher tax rates. These were somewhat countered by lower interest expenses and shares outstanding.
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<h3>Helen of Troy Limited Price, Consensus and EPS Surprise</h3>
<img alt="Helen of Troy Limited Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/05/1728481189.png" style="height:265px; width:576px" title="" />
Helen of Troy Limited price-consensus-eps-surprise-chart | Helen of Troy Limited Quote
Consolidated net sales of $474.2 million came ahead of the Zacks Consensus Estimate of $457 million. However, the metric fell 3.5% from the year-ago quarter&#39;s tally. This downtick was caused by reduced sales of hair appliances, humidifiers and air purifiers in the Beauty &amp; Wellness unit. This was partly compensated by growth in the home and insulated beverageware categories in the Home &amp; Outdoor segment. The decline in net sales was also partly mitigated by international expansion and increased sales of fans and thermometers within the Beauty &amp; Wellness category.
The consolidated gross profit margin contracted 110 basis points (bps) to 45.6% due to less favorable product and customer mixes within the Home &amp; Outdoor unit, partly made up by reduced commodity and product costs resulting from Project Pegasus initiatives.
The consolidated SG&amp;A ratio increased 140 basis points (bps) to 37.9%. The rise in such costs was due to increased spending on marketing, partly offset by reduced personnel costs.
The adjusted operating income declined 25.5% to $46.4 million, with the adjusted operating margin contracting 290 bps to 9.8%. Our model suggested an adjusted operating margin contraction of 360 bps.
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<h2>HELE&#39;s Segmental Performance</h2>
Net sales in the Home &amp; Outdoor segment rose 0.8% to $241.9 million, fueled by greater insulated beverageware category sales and international sales. These were countered by weaker consumer demand, reduced replenishment orders from retail customers, and continued sluggishness in technical packs and related accessories.
Net sales in the Beauty &amp; Wellness segment declined 7.7% to $232.3 million. The decline was mainly caused by reduced sales of hair appliances stemming from softer consumer demand, changes in consumer spending habits and increased competition. Lower sales of humidifiers and air purifiers were due to lower orders from retail customers. There was also a decrease in water filtration product revenues due to the expiration of a licensing agreement. Nevertheless, these challenges were partly balanced by an increase in fan and thermometer sales. We expected Beauty &amp; Wellness net sales to decline 6.8% in the second quarter.
<h2>Other Details</h2>
Helen of Troy ended the quarter with cash and cash equivalents of $20.1 million and total short and long-term debt of $713.2 million. Net cash provided by operating activities for the first six months of fiscal 2025 was $69.9 million.&nbsp; The free cash flow for the same period was $55.9 million.
<h2>What to Expect From HELE in FY25?</h2>
For fiscal 2025, HELE anticipates consolidated net sales revenues to range between $1.885 billion and $1.935 billion, indicating a decline of 6% to 3.5% year over year. This sales outlook reflects ongoing concerns about persistent inflation and continued softness in consumer spending, particularly in certain discretionary product categories. The forecast also considers anticipated challenges in operational performance at the Tennessee distribution facility, along with heightened macroeconomic uncertainty. Management also anticipates a more competitive promotional environment and increased vigilance from retailers in managing their inventory levels.
In the Home &amp; Outdoor segment, net sales growth is now expected to range between a 2.3% decline and 1.4% growth compared to the earlier view of a 3-1% decline. The revised guidance includes shipping disruption impacts in the company&#39;s Tennessee distribution facility.
For the Beauty &amp; Wellness segment, net sales are projected to decline 9-7.5% now compared with an 8-5% decline expected before.
The company still envisions fiscal 2025 adjusted EPS to range from $7.00 to $7.50, indicating a decline of 15.8% to 21.4%. It expects adjusted EBITDA in the range of $287-$297 million, suggesting a fall of 11.8-14.6%. GAAP EPS is still expected between $4.69 and $5.45 in fiscal 2025.
The free cash flow is expected in the band of $180-$200 million now, down from the earlier view of $220-$240 million.
For the third quarter of fiscal 2025, the company expects sales to decline 1-4.5%. Management anticipates adjusted EPS to decline by 3-10% in the fiscal third quarter.
Shares of this Zacks Rank #3 (Hold) company have risen 1% in the past three months compared to the industry&#39;s 12.1% decline.
<h2>Three Staple Stocks Worth Betting On</h2>
The Chef&#39;s Warehouse (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/chef#NASDAQ">CHEF</a>), which engages in the distribution of specialty food products, currently carries a Zacks Rank #2 (Buy).
CHEF has a trailing four-quarter earnings surprise of 33.7%, on average. The Zacks Consensus Estimate for The Chef&#39;s Warehouse&#39;s current fiscal year sales and earnings indicates growth of 9.7% and 12.6%, respectively, from the year-ago reported numbers.
Flowers Foods (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/flo#NYSE">FLO</a>), a packaged bakery food company, currently carries a Zacks Rank #2. FLO has a trailing four-quarter earnings surprise of 1.9%, on average.
The Zacks Consensus Estimate for Flowers Foods&#39; current financial-year sales and earnings implies growth of around 1% and 5%, respectively, from the year-ago reported numbers.
McCormick (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mkc#NYSE">MKC</a>) is a leading manufacturer, marketer and distributor of spices, seasonings, specialty foods and flavors. It currently carries a Zacks Rank of 2.
The Zacks Consensus Estimate for McCormick &amp; Company&#39;s current fiscal-year earnings indicates an advancement of 5.9% from the year-ago reported figures. MKC has a trailing four-quarter earnings surprise of 13.8%, on average.
<a href="https://www.zacks.com/stock/news/2348407/helen-of-troy-q2-earnings-top-beauty-wellness-sales-decline-y-y?cid=CS-BENZ-FT-analyst_blog|earnings_article-2348407">To read this article on Zacks.com click here.</a>

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Helen of Troy Q2 Earnings Top, Beauty & Wellness Sales Decline Y/Y

<h3>Gainers</h3>
<ul>
<li>Kaixin Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KXIN#NASDAQ">KXIN</a>) shares rose 48.3% to $0.27 during Wednesday's regular session. The company's market cap stands at $15.9 million. </li>
<li>WW International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WW#NASDAQ">WW</a>) shares increased by 42.97% to $1.66. The market value of their outstanding shares is at $132.2 million. </li>
<li>Helen Of Troy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) stock increased by 19.23% to $74.36. The company's market cap stands at $1.6 billion. The company's, Q2 earnings came out today. </li>
<li>Container Store Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TCS#NYSE">TCS</a>) shares moved upwards by 16.9% to $10.79. The market value of their outstanding shares is at $37.1 million. </li>
<li>Nova Lifestyle (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVFY#NASDAQ">NVFY</a>) shares moved upwards by 16.89% to $1.54. The market value of their outstanding shares is at $4.7 million. </li>
<li>Luminar Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAZR#NASDAQ">LAZR</a>) stock increased by 15.67% to $0.96. The market value of their outstanding shares is at $485.1 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Sacks Parente Golf (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPGC#NASDAQ">SPGC</a>) stock declined by 45.7% to $1.93 during Wednesday's regular session. The market value of their outstanding shares is at $2.8 million. </li>
<li>Ambow Education Holding (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/AMBO#AMEX">AMBO</a>) shares decreased by 13.88% to $3.6. The company's market cap stands at $10.2 million. </li>
<li>Sunlands Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STG#NYSE">STG</a>) stock fell 12.74% to $7.81. The company's market cap stands at $107.0 million. </li>
<li>QuantaSing Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QSG#NASDAQ">QSG</a>) stock declined by 10.26% to $3.59. The market value of their outstanding shares is at $183.4 million. </li>
<li>Kidpik (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PIK#NASDAQ">PIK</a>) stock declined by 9.59% to $1.98. The market value of their outstanding shares is at $3.8 million. </li>
<li>Digital Brands Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DBGI#NASDAQ">DBGI</a>) shares decreased by 9.22% to $0.19. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Consumer Discretionary Stocks Moving In Wednesday's Intraday Session

U.S. stocks were higher, with the Dow Jones index gaining around 0.2% on Wednesday.
Shares of Arcadium Lithium plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALTM#NYSE">ALTM</a>) rose sharply during Wednesday's session after the company <a href="https://www.benzinga.com/m-a/24/10/41250060/arcadium-lithium-stock-is-soaring-wednesday-whats-behind-the-move">announced it will be acquired by Rio Tinto.</a>
Rio Tinto and Arcadium Lithium entered into a definitive agreement under which Rio Tinto will acquire Arcadium in an all-cash transaction for $5.85 per share, valuing the company at approximately $6.7 billion.
Arcadium Lithium shares jumped 30.5% to $5.54 on Wednesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>MicroCloud Hologram Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLO#NASDAQ">HOLO</a>) shares surged 33.1% to $6.89.</li>
<li>Helen of Troy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) gained 20.6% to $75.22 after the company reported better-than-expected second-quarter financial results.</li>
<li>Astera Labs, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAB#NASDAQ">ALAB</a>) shares jumped 15.7% to $61.31 after the company announced a new portfolio of fabric switches purpose-build for AI infrastructure at cloud-scale. Also, Morgan Stanley maintained an Overweight rating on the stock and raised its price target from $55 to $74.</li>
<li>Standard Lithium Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLI#NYSE">SLI</a>) surged 14.6% to $1.9788.</li>
<li>IDT Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDT#NYSE">IDT</a>) gained 14.5% to $44.03.</li>
<li>Luminar Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAZR#NASDAQ">LAZR</a>) climbed 10.7% to $0.9196.</li>
<li>Sigma Lithium Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGML#NASDAQ">SGML</a>) rose 9.4% to $14.44.</li>
<li>Biomea Fusion, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMEA#NASDAQ">BMEA</a>) surged 9.3% to $12.46. EF Hutton analyst Jason Kolbert initiated coverage on Biomea Fusion with a Buy rating and announced a price target of $128.</li>
<li>Norwegian Cruise Line Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>) gained 8.1% to $22.48. Citigroup analyst James Hardiman upgraded Norwegian Cruise Line from Neutral to Buy and raised the price target from $20 to $30.</li>
<li>Array Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARRY#NASDAQ">ARRY</a>) rose 6.8% to $6.88.</li>
<li>Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) climbed 5.4% to $47.80.</li>
<li>GitLab Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTLB#NASDAQ">GTLB</a>) gained 5.3% to $52.60. Morgan Stanley analyst Sanjit Singh initiated coverage on GitLab with an Overweight rating and announced a price target of $70.</li>
<li>Chewy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) rose 3.3% to $30.50. TD Cowen analyst Bill Kerr initiated coverage on Chewy with a Buy rating and announced a price target of $38.</li>
</ul>
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Arcadium Lithium, Norwegian Cruise Line, GitLab, Chewy And Other Big Stocks Moving Higher On Wednesday

U.S. stocks traded mixed this morning, with the Dow Jones index gaining more than 100 points on Wednesday.
Following the market opening Wednesday, the Dow traded up 0.35% to 42,226.68 while the NASDAQ fell 0.20% to 18,146.90. The S&amp;P 500 also rose, gaining, 0.03% to 5,752.58.
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Leading and Lagging Sectors Financials shares jumped by 0.5% on Wednesday.
In trading on Wednesday, communication services shares fell by 0.9%.
Top Headline
Helen Of Troy Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) reported better-than-expected second-quarter results, reaffirming its FY25 sales and EPS outlook.
The company reported a second-quarter sales decline of 3.5% year-over-year to $474.221 million, beating the analyst consensus of $458.237 million. Adjusted EPS declined 34.1% YoY to $1.21, beating the consensus estimate of $1.04.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Momentus Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNTS#NASDAQ">MNTS</a>) shares shot up 91% to $0.7966 after the company announced a NASA contract to provide launch services for future agency missions.</li>
<li>Shares of Banzai International, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNZI#NASDAQ">BNZI</a>) got a boost, surging 80% to $4.9699 after the company announced strategic business initiatives to improve net income.</li>
<li>Inhibikase Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IKT#NASDAQ">IKT</a>) shares were also up, gaining 38% to $1.65 after the company announced the pricing of an approximately $110 million private placement financing.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Sacks Parente Golf, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPGC#NASDAQ">SPGC</a>) shares dropped 46% to $1.96 after gaining 35% after the company announced a $732K public offering of 366,000 shares of common stock for general corporate and working capital needs.</li>
<li>Shares of BAIYU Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYU#NASDAQ">BYU</a>) were down 43% to $0.5712.</li>
<li>Alternus Clean Energy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALCE#NASDAQ">ALCE</a>) was down, falling 37% to $0.0903 after the company announced a 1-for-25 reverse stock split as part of its Nasdaq compliance plan.</li>
</ul>
Commodities In commodity news, oil traded down 2.2% to $71.97 while gold traded down 0.3% at $2,627.90.
Silver traded up 0.2% to $30.645 on Wednesday, while copper fell 1.6% to $4.3870.
Euro zone
European shares were higher today. The eurozone's STOXX 600 rose 0.3%, Germany's DAX gained 0.5% and France's CAC 40 rose 0.3%. Spain's IBEX 35 Index fell 0.1%, while London's FTSE 100 rose 0.4%.
Germany&#8217;s trade surplus increased to EUR 22.5 billion in August versus a revised EUR 16.9 billion in the prior month, topping market estimates of EUR 18.4 billion.
Asia Pacific Markets
Asian markets closed mostly lower on Wednesday, with Japan's Nikkei 225 gaining 0.87%, Hong Kong's Hang Seng Index dipping 1.38%, China's Shanghai Composite Index falling 6.62% and India's BSE Sensex dipping 0.21%.
Japan's machine tool orders declined 6.5% year-over-year to JPY 125,297 million in September compared to a 3.5% decline in the prior month, while the Reuters Tankan sentiment index for manufacturers climbed to +7 in October versus +4 in September. The Reserve Bank of India maintained its benchmark policy repo rate at 6.5% during October meeting.
Economics
U.S. mortgage applications declined by 5.1% from the previous week during the first week of October, compared to a 1.3% drop in the prior week.
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Dow Jumps Over 100 Points; Helen Of Troy Posts Upbeat Q2 Results

Helen Of Troy Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) shares surged after the company reported better-than-expected <a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/b41246445/helen-of-troy-limited-reports-second-quarter-fiscal-2025-results" rel="noreferrer noopener">second-quarter results, reaffirming its FY25 sales and EPS outlook</a>.
The company reported a second-quarter sales decline of 3.5% year-over-year to $474.221 million, beating the analyst consensus of $458.237 million.
The decrease in sales was primarily driven by a decline in Beauty &amp; Wellness due to lower sales of hair appliances, air purifiers, and humidifiers.
Total net sales revenue for the Home &amp; Outdoor segment increased 0.8% year over year, while Beauty &amp; Wellness declined 7.7%.
Adjusted EPS declined 34.1% YoY to $1.21, <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">beating the consensus estimate of $1.04.</a>
The gross profit margin decreased by 116 bps to 45.6%. The operating margin contracted 220 basis points to 7.3%, and operating income for the quarter declined 25.6% to $34.85 million.
Adjusted operating income decreased 25.5% to $46.4 million, and the margin fell to 9.8% from 12.7% year over year.
Non-GAAP adjusted EBITDA decreased 22.2% to $55.8 million, with the margin down to 11.8% compared to 14.6%.
As of August end, the company held $20.14 million in cash and equivalents. Operating cash flow for the six months totaled $69.92 million, compared to $157.73 million a year ago. Free cash flow totaled $55.89 million.
Inventory was $469.6 million, compared to $435.7 million in the second quarter of 2024.
Noel M. Geoffroy, CEO, commented: &#8220;We are pleased to report&nbsp;second quarter&nbsp;results that were above expectations and we are reaffirming our annual&nbsp;outlook&nbsp;for net sales, adjusted EPS, and adjusted EBITDA. During the quarter, we took decisive actions toward our long-term strategic initiatives, including strengthening the core and further shaping our growth portfolio.&#8221;
2025 Outlook: Helen Of Troy continues to expect consolidated net sales revenue in the range of $1.885 billion &#8211; $1.935 billion versus the consensus of $1.896 billion and adjusted EPS of $7.00 &#8211; $7.50 <a href="https://www.benzinga.com/calendars/guidance">versus the consensus of $7.12.</a>
The company continues to expect adjusted EBITDA of $287 million to $297 million, which implies a decline of 14.6% to 11.8%, as benefits from Project Pegasus are reinvested for growth.
HELE updates its free cash flow guidance to $180 million &#8211; $200 million, compared to the previous range of $200 million &#8211; $240 million. It now expects a net leverage ratio of 1.90x to 1.80x, compared to the prior range of 1.60x to 1.50x.
The company mentioned that Project Pegasus remains on track to achieve savings of $26 million to $30 million.
For the third quarter, the company expects a decline in net sales of 4.5%&nbsp;to&nbsp;1%&nbsp;and adjusted EPS decline&nbsp;of 10%&nbsp;to&nbsp;3%.
Price Action: HELE shares are trading higher by 12.6% at $70.21 premarket at the last check Wednesday.
Read Next:
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<li><a href="https://www.benzinga.com/news/earnings/24/10/41244306/s-p-gains-1-as-nvidia-broadcom-shares-surge-investor-optimism-improves-fear-index-remains-in-greed-" target="_blank" rel="noreferrer noopener">S&amp;P Gains 1% As Nvidia, Broadcom Shares Surge: Investor Optimism Improves, Fear Index Remains In &#8216;Greed&#8217; Zone</a></li>
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Helen Of Troy Stock Crushes Q2 Expectations Despite Beauty & Wellness Setback

WW: 56% &#x7C; <a href="https://www.benzinga.com//node/41248405">WW shares are trading higher after the company on Tuesday announced the addition of compounded semaglutide into its offering.</a>
&nbsp;
HELE: 17% &#x7C; <a href="https://www.benzinga.com//node/41246701">Helen of Troy shares are trading higher after the company reported better-than-expected Q2 financial results.</a>
&nbsp;
CLSD: 69% &#x7C; <a href="https://www.benzinga.com//node/41246215">Clearside Biomedical Says ODYSSEY Phase 2b Trial Of CLS-AX (Axitinib Injectable Suspension) For Neovascular Age-related Macular Degeneration Achieved Both Its Primary And Secondary Outcomes</a>

CLSD

Market-Moving News for October 9th

<h3>Gainers</h3>
<ul>
<li>WW International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WW#NASDAQ">WW</a>) stock increased by 43.1% to $1.66 during Wednesday's pre-market session. The market value of their outstanding shares is at $132.3 million. </li>
<li>Algorhythm Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIME#NASDAQ">RIME</a>) shares increased by 26.49% to $0.68. The company's market cap stands at $6.6 million. </li>
<li>Kaixin Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KXIN#NASDAQ">KXIN</a>) stock increased by 21.05% to $0.22. The market value of their outstanding shares is at $12.9 million. </li>
<li>Helen Of Troy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) shares moved upwards by 13.43% to $70.75. The company's market cap stands at $1.6 billion. As per the press release, Q2 earnings came out today. </li>
<li>China Automotive Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAAS#NASDAQ">CAAS</a>) stock rose 10.85% to $4.8. The market value of their outstanding shares is at $144.8 million. </li>
<li>SharpLink Gaming (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBET#NASDAQ">SBET</a>) stock increased by 7.46% to $0.85. The market value of their outstanding shares is at $2.9 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Sony Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>) shares decreased by 80.0% to $19.0 during Wednesday's pre-market session. The company's market cap stands at $573.1 billion. </li>
<li>Sacks Parente Golf (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPGC#NASDAQ">SPGC</a>) stock fell 36.91% to $2.24. The market value of their outstanding shares is at $3.2 million. </li>
<li>Kidpik (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PIK#NASDAQ">PIK</a>) shares decreased by 16.9% to $1.82. The company's market cap stands at $3.5 million. </li>
<li>Ambow Education Holding (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/AMBO#AMEX">AMBO</a>) stock declined by 14.6% to $3.57. The market value of their outstanding shares is at $10.1 million. </li>
<li>Container Store Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TCS#NYSE">TCS</a>) shares declined by 7.7% to $8.52. The company's market cap stands at $29.2 million. </li>
<li>MINISO Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MNSO#NYSE">MNSO</a>) stock declined by 6.45% to $17.7. The market value of their outstanding shares is at $5.5 billion. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CAAS

MNSO

RIME

SBET

Sony Group Corporation American Depositary Shares

SONY

12 Consumer Discretionary Stocks Moving In Wednesday's Pre-Market Session

See-sawing mood persists on Wall Street as the index futures point to a marginally lower start on Wednesday after the tech-led rebound witnessed in the previous session. Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) is advancing in premarket and the rest of the big techs were just about higher. Commodities are weakening and bond yields are easing. Federal Reserve&#8217;s September rate-setting meeting minutes, speeches by Fed officials and developments around Hurricane Milton&#8217;s landfall in Florida could be on traders&#8217; radar.
Some may choose to move to the sidelines ahead of Thursday&#8217;s consumer price inflation report which is expected to show a further easing in pricing pressure. Some key earnings reports are also expected to drop over the next two sessions, which is likely to give early indications regarding how this reporting season will pan out.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>-0.08%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.06%</td>
</tr>
<tr>
<td>Dow</td>
<td>-0.07%</td>
</tr>
<tr>
<td>R2K</td>
<td>-0.13%</td>
</tr>
</tbody>
</table>
</figure>
In premarket trading on Wednesday,&nbsp;the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) edged down 0.04% to $572.93 and the&nbsp;Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) moved down 0.209% to $488.85, according to&nbsp;<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.
Cues From Last Session:
IT, communication services and consumer discretionary stocks fueled a strong rally on Wall Street on Tuesday even as energy stocks served as drags. The gains came despite the threat of Hurricane Milton looming large. Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) rose over 4% after contracts electronics manufacturer Hon Hai Precision Manufacturing Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>) issued positive commentary about the demand for the former&#8217;s Blackwell GB200 chips. The positive sentiment rubbed off on other AI-levered tech stocks as well.
The Nasdaq Composite and the S&amp;P 500 hovered in positive territory throughout the session, while the Dow Jones Industrial Average experienced volatility before closing modestly higher. 
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>+1.45%</td>
<td>18,182.92</td>
</tr>
<tr>
<td>S&amp;P 500 Index</td>
<td>+0.97%</td>
<td>5,751.13</td>
</tr>
<tr>
<td>Dow Industrials</td>
<td>+0.30%</td>
<td>42,080.37</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>+0.09%</td>
<td>2,194.98</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
The current bull market started on Oct. 12, 2022, and as its second anniversary nears, a strategist suggested there be could many more years of gains. Carson Group&#8217;s Chief Markey Strategist Ryan Detrick said the S&amp;P 500 Index is up 61% so far in this bull market. On average, a bull market lasts about 5.5 years and the average gain clocked is 181%.
The strategist said the bull market may not end soon. Sharing a graphic showing performances of the index during the previous bull markets, he said, &#8220;Many more years of gains would be perfectly normal.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The bull market is about to turn two. Stocks are up 61% during this bull market, compared with the avg bull market lasting 5.5 years and gaining 181%. Yes, it &#39;could&#39; end soon, but we don&#39;t think it will. In fact, this shows many more years of gains would be perfectly normal. <a href="https://t.co/sbPROOIrTg">pic.twitter.com/sbPROOIrTg</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1843649022126690442?ref_src=twsrc%5Etfw">October 8, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See also: <a href="https://www.benzinga.com/money/best-futures-trading-software">Best Futures Trading Software</a>
Upcoming Economic Data:
<ul>
<li>The Fed speakers lined up for the day include:
<ul>
<li>Atlanta Fed President Raphael&nbsp;Bostic: 8 a.m. EDT, 12:45 p.m. EDT</li>
<li>Dallas Fed President Lorie&nbsp;Logan: 9:15 a.m. EDT</li>
<li>Chicago Fed President Austan Goolsbee: 10:30 a.m. EDT</li>
<li>Federal Reserve Vice Chair Philip Jefferson: 12:30 p.m. EDT</li>
<li>Boston Fed President Susan Collins: 5 p.m. EDT</li>
<li>San Francisco Fed President Mary&nbsp;Daly: 6 p.m. EDT</li>
</ul>
</li>
<li>The Commerce Department is due to release wholesale inventories report for August at 10 a.m. EDT. Economists, on average, expect wholesale inventories to rise 0.2% month-over-month, the same pace as in July.</li>
<li>The Energy Information Administration is scheduled to release its customary weekly petroleum status report at 10:30 a.m. EDT.</li>
<li>The Treasury is set to auction 10-year notes at 1 p.m. EDT.</li>
<li>The Federal Open Market Committee will release the minutes of its September rate-setting meeting at 2 p.m. EDT.</li>
</ul>
Stocks In Focus:
<ul>
<li>Helen of Troy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) is due to report its quarterly results before the market opens, while Applied Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) and AZZ Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZZ#NYSE">AZZ</a>) will announce their results after the market close.</li>
<li>Astera Labs, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAB#NASDAQ">ALAB</a>) climbed over 7% after the company announced a new portfolio of fabric switches meant for demanding AI workloads in accelerated computing platforms deployed at cloud-scale.&nbsp;</li>
<li>Affirm Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>) rose over 3% on a positive analyst action.</li>
<li>Boeing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) slipped over 1% after the company said talks with union members weren&#8217;t going smoothly. Following the strike, S&amp;P placed  Boeing&#8217;s rating on CreditWatch as negative.</li>
<li>Australian miner Arcadium Lithium plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALTM#NYSE">ALTM</a>) soared more than 30% after the company announced an agreement to be acquired by Rio Tinto Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIO#NYSE">RIO</a>).</li>
</ul>
Commodities, Bonds And Global Equity Markets:
 Crude oil futures traded modestly lower following Tuesday&#8217;s sharp retreat and gold futures were little changed. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) was down less than a percent at a little over $62K. The yield on the benchmark 10-year Treasury note was down 1.9 points to 4.016%.
The Asian stocks had another mixed outing on Wednesday, with China&#8217;s Shanghai Composite slumping 6.62% and Hong Kong&#8217;s Hang Seng Index falling 1.38%. The lack of any further announcements concerning additional stimulus weighed down on these two markets. On the other hand, the Japanese market advanced. The South Korean market was closed for a public holiday.
The European markets were firmer in early trading on Wednesday. 
Read Next:
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<li><a href="https://www.benzinga.com/markets/equities/24/10/41245350/nvidia-poised-to-overtake-apple-as-worlds-most-valuable-company-how-much-jensen-huangs-company-n">Nvidia Poised To Overtake Apple As World&#8217;s Most Valuable Company: How Much Jensen Huang&#8217;s Company Needs To Gain By Wednesday</a></li>
</ul>
Photo via Shutterstock

Futures

Previews

Federal Reserve

Pre-Market Outlook

$BTC

AFRM

APLD

HNHPF

NVDA

US Stocks Set To Open Marginally Lower, Nvidia Gains, Traders Eye Fed Minutes: Strategist Predicts Many More Years Of Gains Ahead Of Bull Market's 2nd Anniversary

WIIM

Helen of Troy shares are trading higher after the company reported better-than-expected Q2 financial results.

Fiscal 2025 Outlook: 
Maintains Consolidated Net Sales of $1.885-$1.935 Billion 
Maintains GAAP Diluted EPS of $4.69-$5.45 and Adjusted Diluted EPS of $7.00-$7.50 
Maintains Adjusted EBITDA of $287-$297 Million 
Updates Free Cash Flow(1)(2)&nbsp;to $180-$200 Million 
Updates Net Leverage Ratio(1)(3)&nbsp;Reduction to Between 1.9X and 1.8X by the End of Fiscal 2025 
Project Pegasus On Track to Deliver Savings of $26 Million to $30 Million

Helen of Troy Maintains FY25 Sales Guidance Of $1.885B-$1.935B Vs. $1.896B Estimate And Adj. EPS Guidance Of $7.00-$7.50 Vs. $7.12 Estimate

Helen Of Troy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) reported quarterly earnings of $1.21 per share which beat the analyst consensus estimate of $1.04 by 16.35 percent. This is a 30.46 percent decrease over earnings of $1.74 per share from the same period last year. The company reported quarterly sales of $474.221 million which beat the analyst consensus estimate of $458.237 million by 3.49 percent. This is a 3.53 percent decrease over sales of $491.563 million the same period last year.

Helen Of Troy Q2 2025 Adj. EPS $1.21 Beats $1.04 Estimate, Sales $474.221M Beat $458.237M Estimate

The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the &#8220;Greed&#8221; zone on Tuesday.
U.S. stocks settled higher on Tuesday, with the S&amp;P 500 gaining around 1% during the session. Technology stocks recorded gains on Tuesday, with Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) adding 4% and 3% respectively, during the session.
PepsiCo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>) <a href="https://www.benzinga.com/news/earnings/24/10/41225048/pepsico-adjusts-2024-revenue-expectations-after-mixed-q3-performance-and-global-challenges">reported</a> mixed third-quarter results and lowered its 2024 organic revenue guidance.
On the economic data front, the NFIB Small Business Optimism Index rose to 91.5 in September compared to 91.2 in August, and down from market estimates of 91.7. The trade deficit in the U.S. shrank to $70.4 billion in August, recording the lowest level in five months, compared to a revised $78.9 billion gap in July and versus market estimates of a $70.6 billion shortfall.
Most sectors on the S&amp;P 500 closed on a positive note, with consumer discretionary, information technology, and communication services stocks recording the biggest gains on Tuesday. However, energy and materials stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 126 points to 42,080.37 on Tuesday. The S&amp;P 500 rose 0.97% to 5,751.13, while the Nasdaq Composite climbed 1.45% at 18,182.92 during Tuesday's session.
Investors are awaiting earnings results from Helen of Troy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>), E2open Parent Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETWO#NYSE">ETWO</a>), and AZZ Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZZ#NYSE">AZZ</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 71.9, the index remained in the &#8220;Greed&#8221; zone on Tuesday, versus a prior reading of 69.4.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/24/10/41238686/jim-cramer-ast-spacemobile-is-just-too-hot-recommends-buying-this-tech-stock">Jim Cramer: AST SpaceMobile Is &#8216;Just Too Hot,&#8217; Recommends Buying This Tech Stock</a></li>
</ul>
Photo courtesy: Shutterstock

AVGO

ETWO

S&P Gains 1% As Nvidia, Broadcom Shares Surge: Investor Optimism Improves, Fear Index Remains In 'Greed' Zone

With U.S. stock futures trading lower this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Helen of Troy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) to report quarterly earnings at $1.04 per share on revenue of $458.24 million before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Helen of Troy shares gained 2.5% to $63.93 in after-hours trading.</li>
<li>Saratoga Investment Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAR#NYSE">SAR</a>) reported better-than-expected earnings and sales results for its second quarter. The company reported quarterly earnings of $1.33 per share which beat the analyst consensus estimate of 94 cents per share. Saratoga Investment shares gained 8.1% to $25.50 in the after-hours trading session.</li>
<li>Analysts expect AZZ Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZZ#NYSE">AZZ</a>) to post quarterly earnings at $1.32 per share on revenue of $411.8 million. The company will release earnings after the markets close. AZZ shares gained 1% to $81.50 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Cardiol Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRDL#NASDAQ">CRDL</a>) announced a preliminary prospectus for a proposed public offering of common stock. However, the size of the offering was not disclosed. Cardiol Therapeutics shares dipped 11.7% to $1.7301 in the after-hours trading session.</li>
<li>Analysts expect E2open Parent Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETWO#NYSE">ETWO</a>) to post quarterly earnings at 5 cents per share on revenue of $154.82 million after the closing bell. E2open shares gained 2.5% to $4.11 in after-hours trading.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/markets/24/10/41238686/jim-cramer-ast-spacemobile-is-just-too-hot-recommends-buying-this-tech-stock">Jim Cramer: AST SpaceMobile Is &#8216;Just Too Hot,&#8217; Recommends Buying This Tech Stock</a></li>
</ul>
Photo courtesy: Shutterstock

CRDL

AZZ, Helen of Troy And 3 Stocks To Watch Heading Into Wednesday

Helen Of Troy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) is gearing up to announce its quarterly earnings on Wednesday, 2024-10-09. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Helen Of Troy will report an earnings per share (EPS) of $1.04.
Anticipation surrounds Helen Of Troy's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
<h3>Earnings History Snapshot</h3>
The company's EPS missed by $0.60 in the last quarter, leading to a 4.0% drop in the share price on the following day.
Here's a look at Helen Of Troy's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2025</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.59</td>
<td>2.30</td>
<td>2.75</td>
<td>1.64</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.99</td>
<td>2.45</td>
<td>2.79</td>
<td>1.74</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-4.0%</td>
<td>0.0%</td>
<td>3.0%</td>
<td>2.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1728396028_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Helen Of Troy were trading at $61.9 as of October 07. Over the last 52-week period, shares are down 45.01%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release. 
<a href="https://www.benzinga.com/quote/HELE/earnings">To track all earnings releases for Helen Of Troy visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Peek at Helen Of Troy's Future Earnings

Canaccord Genuity analyst Susan Anderson maintains Helen Of Troy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) with a Buy and maintains $84 price target.

Canaccord Genuity Maintains Buy on Helen Of Troy, Maintains $84 Price Target

SharkNinja, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sn#NYSE">SN</a>) has been riding high on its focus on continued product innovation, new category launches, and international expansion. Its shares skyrocketed 102.8% in the year-to-date (YTD) period, strongly outpacing the Zacks Furniture industry&#39;s 32.3% rally and the S&amp;P 500 index&#39;s increase of 17.8%.
SharkNinja, with a market cap of $14.45 billion, is a high-growth product design and technology company known for its household and lifestyle appliances under the Shark and Ninja brands across 33 subcategories across 32 markets.
The company&#39;s three-pronged growth strategy &mdash; focusing on existing categories, exploring new categories, and expanding internationally &mdash; is expected to fuel significant growth and create numerous opportunities. Its four core areas of focus are &mdash; disruptive innovation, global agile supply chain, always on 360-degree marketing, and omni-channel distribution.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/7f/77947.jpg?v=934353664" />
Image Source: Zacks Investment Research
SN shares have also outperformed similar companies like Cricut, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crct#NASDAQ">CRCT</a>), Whirlpool Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/whr#NYSE">WHR</a>) and Helen of Troy Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hele#NASDAQ">HELE</a>), which lost 7.5%, 18.2% and 51.4% YTD.
<h2>Technical Indicators Substantiating SN Stock&#39;s Growth</h2>
SN stock is currently trading above its 50-day simple moving average, signaling a bullish trend.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/c9/77949.jpg?v=15274744" />
Image Source: Zacks Investment Research
This technical strength highlights positive market sentiment and confidence in SN&#39;s financial stability and prospects.
<h2>Factors Solidifying SharkNinja&#39;s Stock Rally</h2>
Product Innovation to Fuel Future Growth: SN&#39;s growth relies heavily on continuous product innovation, focusing on expanding its current offerings and exploring adjacent categories. To maintain its rapid innovation, the company will need to sustain significant investment in Research and Development (R&amp;D).
In 2024, SN plans to launch 25 new products, including four new subcategories. Key launches so far include the Shark FlexBreeze portable fan (January), Ninja FrostVault cooler (March), and Ninja Slushi frozen beverage system (July). A new beauty segment product is scheduled for the fourth quarter. Looking ahead, SN is preparing to enter new categories, with potential launches such as power-operated lawn and garden tools, portable heaters, gas-powered grills, ovens, and steamers, as indicated by recent trademark filings.
International Expansion Substantiates Growth Potential: SN&#39;s international expansion strategy is gaining momentum, with 46% growth in its international segment in the second quarter. The company has built solid relationships with key retailers and accumulated local expertise over the years.
Strong growth opportunities are emerging in markets like the Nordics, Benelux, Poland, Italy, Spain, Mexico, and the Middle East. SN plans to enter Brazil in the fourth quarter, focusing on its beauty and motorized kitchen appliances. With further opportunities in Latin America and a proven international strategy, SN is well-positioned for long-term top-line growth.
Flexible Supply Chain Shields Freight &amp; Tariff Headwinds: SharkNinja has successfully managed a dynamic supply chain by securing long-term freight contracts with a diverse range of carriers, helping the company avoid capacity constraints and related cost spikes. Additionally, SharkNinja has been proactively diversifying its sourcing to mitigate the impact of rising tariffs on Chinese imports.
The company remains committed to eliminating all Chinese exposure for U.S.-bound products by the end of 2025. With ongoing capacity expansion in Southeast Asia, SharkNinja is accelerating efforts to safeguard its supply chain and ensure long-term growth stability.
Omni-Channel Strategy Drives Growth: SN has consistently prioritized reaching consumers across all shopping channels. As consumer shopping behaviors evolve, the company has adapted its omnichannel strategy to meet these changes. SN continues to invest in expanding its sales teams to meet rising consumer demand and strengthen relationships with both physical and online retailers. The success of this strategy depends on several factors, including retailer satisfaction with product sales and profitability, SN&#39;s ability to innovate, and its capacity to maintain and expand into more product categories.
<h2>SN&#39;s Estimate Movement</h2>
The Zacks Consensus Estimate for SN&#39;s EPS has increased over the past 60 days. This depicts that there is solid upside potential for the stock. SN delivered a trailing four-quarter earnings surprise of 14.3%, on average.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/63/77948.jpg?v=681440628" />
Image Source: Zacks Investment Research
Impressively, SN currently flaunts a Growth Score of A.
<h2>Potential Risks for SN Stock</h2>
The above-mentioned factors are strongly in favor of SharkNinja&#39;s stock growth, but some potential risks are worth considering while making an investment strategy.
SharkNinja remains cautious of macroeconomic factors such as consumer confidence, demographic shifts, employment levels, inflation, and other economic indicators that could affect its performance. Additionally, the company&#39;s sales are influenced by seasonality, with the first and second quarters being particularly impactful.
<h2>SN Stock Not so Cheap</h2>
SN&#39;s stock is currently overvalued compared to its industry, as shown in the chart below. This high price-to-earnings ratio could indicate that the stock is overvalued in its industry, suggesting stretched valuation for SN.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/2c/77946.jpg?v=231954422" />
Image Source: Zacks Investment Research
<h2>Final Thoughts</h2>
SharkNinja continues to outperform in a challenging market, driven by its focus on newness and innovation that resonates with increasingly value-conscious consumers. While other industry peers face uncertainty, SharkNinja&#39;s first-half 2024 results have exceeded expectations. The company&#39;s growth across its four major product categories, alongside supply chain optimizations, sourcing strategies, and regional expansion, positions it for continued success despite broader industry challenges.
<img alt="Roadshow Presentation" src="https://staticx-tuner.zacks.com/images/articles/charts/ba/77945.jpg?v=1043214907" />
Image Source: Roadshow Presentation
Although the macroeconomic risk associated with the high-interest rate environment cautions investors, upward revisions in earnings estimates reinforce SN&#39;s Zacks Rank #2 (Buy). This makes SN an attractive addition to investors&#39; portfolios at present.
<a href="https://www.zacks.com/stock/news/2336738/sharkninja-s-stock-surges-103-in-ytd-should-you-jump-onboard?cid=CS-BENZ-FT-analyst_blog|most_popular_stocks-2336738">To read this article on Zacks.com click here.</a>

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SharkNinja's Stock Surges 103% in YTD: Should You Jump Onboard?

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