earnings
confidence high
sentiment negative
materiality 1.00
Helen of Troy Q1 net loss $450.7M, $19.65 diluted loss per share on $414M impairment
HELEN OF TROY LTD
2026-Q1 EPS reported
-$19.65
revenue$371,655,000
- Consolidated net sales $371.7M, down 10.8% YoY; GAAP diluted loss per share $19.65 vs EPS $0.26.
- Recorded $414.4M non-cash asset impairment charges ($317M goodwill, $97.4M intangible) affecting both segments.
- Adjusted diluted EPS $0.41 vs $0.99; adjusted operating margin 4.3% vs 10.3% on higher costs and trade-down.
- Q2 FY2026 outlook: net sales $408-$432M and adjusted diluted EPS $0.45-$0.60, citing tariff uncertainty.
- CEO search ongoing; interim CEO Brian Grass; expects net tariff impact on operating income <$15M.
item 2.02item 9.01