earnings
confidence high
sentiment neutral
materiality 0.70
Helen of Troy Q3 net sales -10.6% to $558.6M; GAAP EPS $2.15; adj EPS $2.75
HELEN OF TROY LTD
2023-Q3 EPS reported
$4.45
revenue$1,588,084,000
- Consolidated net sales $558.6M, down 10.6% YoY; core net sales -10.0%.
- GAAP diluted EPS $2.15 vs $3.10; core adjusted diluted EPS $2.75 vs $3.72 (down 26.1%).
- Gross margin improved 2.1 ppts to 45.9% due to favorable mix and price increases.
- Raises FY2023 net sales guidance bottom to $2.025-2.050B; adj EPS guidance to $9.20-$9.40.
- Project Pegasus: combines Beauty & Health into Beauty & Wellness segment; creates North America RMO.