secwatch.observer — SEC 8-K summary
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Issuer:     HELEN OF TROY LTD (HELE)
CIK:        0000916789
Form:       8-K
Filed at:   2024-10-09T23:59:59+00:00
Accession:  0000916789-24-000036
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Helen of Troy Q2 sales down 3.5%; GAAP EPS $0.74, adj. EPS $1.21; reaffirms FY outlook
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- Q2 net sales $474.2M, down 3.5% YoY; GAAP diluted EPS $0.74, adj. diluted EPS $1.21.
- Operating margin declined 220 bps to 7.3% on higher SG&A and lower gross margin.
- Beauty & Wellness segment sales down 7.7% to $232.3M; Home & Outdoor up 0.8% to $241.9M.
- FY2025 outlook unchanged: net sales $1.885-$1.935B, adj. EPS $7.00-$7.50, adj. EBITDA $287-$297M.
- Free cash flow guidance reduced to $180-$200M; net leverage target raised to 1.9x-1.8x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/916789/000091678924000036/0000916789-24-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/916789/000091678924000036/hele-20241009.htm
  HTML page:      https://secwatch.observer/filing/0000916789-24-000036

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer