secwatch.observer — SEC 8-K summary
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Issuer:     HELEN OF TROY LTD (HELE)
CIK:        0000916789
Form:       8-K
Filed at:   2023-07-12T23:59:59+00:00
Accession:  0000916789-23-000035
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Helen of Troy Q1 net sales down 6.6% to $474.7M; adj EPS $1.94
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- GAAP diluted EPS $0.94 vs $1.02; adjusted diluted EPS $1.94 vs $2.41.
- Gross margin up 380 bps to 45.4%; operating margin up 190 bps to 8.6%.
- Cash from operations $121.1M vs -$38.4M; free cash flow $109.2M vs -$114.6M.
- FY2024 outlook maintained: net sales $1.965-$2.015B, adj EPS $8.50-$9.00, FCF $250-$270M.
- Project Pegasus on track for $20M FY2024 savings; debt reduced to $837.2M from $1.1056B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/916789/000091678923000035/0000916789-23-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/916789/000091678923000035/hele-20230710.htm
  HTML page:      https://secwatch.observer/filing/0000916789-23-000035

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