secwatch.observer — SEC 8-K summary
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Issuer:     HELEN OF TROY LTD (HELE)
CIK:        0000916789
Form:       8-K
Filed at:   2025-01-08T23:59:59+00:00
Accession:  0000916789-25-000003
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Helen of Troy Q3 net sales down 3.4% to $530.7M; GAAP EPS $2.17; acquires Olive & June for $229.4M
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- Consolidated net sales $530.7M (-3.4% YoY); GAAP diluted EPS $2.17 (vs $3.19); adjusted diluted EPS $2.67 (vs $2.79).
- Home & Outdoor +4.3% to $246.1M; Beauty & Wellness -9.3% to $284.6M due to weak illness season and soft beauty demand.
- FY2025 guidance narrowed: net sales $1.888-$1.913B; GAAP EPS $4.60-$5.02; adjusted EPS $7.15-$7.40; adj. EBITDA $292-$295M.
- Acquired Olive & June on Dec 16 for initial cash $229.4M (net) plus up to $15M contingent; funded with cash and revolver.
- Project Pegasus on track; FY2025 savings $26M-$30M; total targeted annual savings $75M-$85M by FY2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/916789/000091678925000003/0000916789-25-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/916789/000091678925000003/hele-20250108.htm
  HTML page:      https://secwatch.observer/filing/0000916789-25-000003

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