OXO parent Helen of Troy shares fall as profit forecasts are lowered


Close-up of logo for OXO Good Grips kitchen utensil

Smith Collection / Gado / Getty Images

What you need to know

  • Helen of Troy failed to meet quarterly and net profit targets due to the decline in beauty and wellbeing products.
  • Revenue reported by the company for fiscal quarter three 2025 was down 3% from last year.
  • Helen of Troy has also reduced its earnings forecast for the full year and lowered sales expectations.

Helen of Troy Limited shares fell by 4% on Wednesday after the manufacturer of beauty and household products announced a decline in sales for its third quarter and reduced profit forecasts for 2018. This was due to a fall in demand of beauty and wellness goods.

Visible Alpha surveyed analysts who expected revenue of $532.7 million. The third quarter fiscal 2025 revenues were down 3% from the previous year to $530.7 millions. Although the company missed forecasts by $49.6million, its adjusted earnings (EPS) was $2.67, beating expectations.

Sales at the Beauty & Wellness segment fell 9% to $284.6 million, which Helen of Troy blamed on "weak winter and illness season, a decline in sales of hair appliances due to softer consumer demand, increased competition, a net distribution decline year-over-year, and a decrease in water filtration due to the previously disclosed expiration of an out-license relationship and category softness."

Home & Outdoor unit sales rose 4% to $246.1 million, driven higher by demand for insulated beverageware. 

Noel Geoffroy is the company’s CEO “continued to navigate a difficult consumer spending environment.”

Helen of Troy lowers its FY earnings guidance and narrows revenue expectations

Helen of Troy has lowered the guidance it gave for its full-year earnings per share to $4.60 – $5.02, from $4.69 – $5.45. It also lowered its revenue forecast to $1.888 bn to $1.913 bn from $1.885 bn to $1.935 mn. 

Helen of Troy shares are down more than 50% in value over the past 12 months.

HELE

TradingView

Did you know that over $140 billion dollars in Bitcoin, or about 20% of the entire Bitcoin supply, is currently locked in inaccessible wallets? Or maybe you have lost access to your Bitcoin wallet? Don’t let those funds remain out of reach! AI Seed Phrase Finder is here to help you regain access effortlessly. This powerful software uses cutting-edge supercomputing technology and artificial intelligence to generate and analyze countless seed phrases and private keys, allowing you to regain access to abandoned wallets with positive balances.

leadzevs/ author of the article

LeadZevs (John Lesley) is an experienced trader specializing in technical analysis and forecasting of the cryptocurrency market. He has over 10 years of experience with a wide range of markets and assets - currencies, indices and commodities.John is the author of popular topics on major forums with millions of views and works as both an analyst and a professional trader for both clients and himself.

Crypto pump signals for Binance