secwatch.observer — SEC 8-K summary
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Issuer:     HELEN OF TROY LTD (HELE)
CIK:        0000916789
Form:       8-K
Filed at:   2022-10-06T23:59:59+00:00
Accession:  0000916789-22-000072
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 2.05, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Helen of Troy Q2 GAAP EPS $1.28, core adj EPS $2.27; announces Project Pegasus restructuring
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- Consolidated net sales $521.4M (+9.7% YoY driven by acquisitions; organic down -1.5%).
- GAAP diluted EPS $1.28 (down 39.3% YoY); core adj. diluted EPS $2.27 (down 14.3%).
- FY2023 guidance lowered: net sales $2.00-2.05B, adj. EPS $9.00-9.40.
- Board authorized Project Pegasus restructuring targeting $75-85M annualized pre-tax savings by FY2026, with $85-95M one-time charges.
- Health & Wellness segment revenue up 27.6% (EPA benefit); Beauty segment down -15.4%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/916789/000091678922000072/0000916789-22-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/916789/000091678922000072/hele-20220930.htm
  HTML page:      https://secwatch.observer/filing/0000916789-22-000072

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