Consumer products maker Helen of Troy Q2 revenue slightly misses; FY27 outlook narrowed
HELE•Helen of Troy’s fiscal Q2 revenue rose 2.1% year over year to $440.93 million, slightly below consensus, while adjusted EPS rose 33.9% to $0.79 and beat expectations. The company narrowed its FY27 net sales outlook to $1.768 billion-$1.822 billion and raised its adjusted diluted EPS forecast to $3.60-$4.15.
1. Quarterly results
Helen of Troy reported fiscal Q2 revenue of $440.93 million, up 2.1% year over year and slightly below the $442.33 million consensus estimate. Adjusted EPS rose 33.9% to $0.79, above the $0.50 consensus; reported EPS was $0.19 and net income was $4.60 million.
2. Outlook and sales drivers
The company narrowed its FY27 net sales outlook to $1.768 billion-$1.822 billion and raised its adjusted diluted EPS forecast to $3.60-$4.15. It expects continued inflationary pressures and competitive market conditions in FY27. Home & Outdoor growth was offset by declines in Beauty & Wellness.
3. Business factors
Helen of Troy said Home & Outdoor growth reflected demand for technical, travel and lifestyle packs, increased international sales, assortment and distribution gains, higher closeout channel sales, and new product launches. Gross margin benefited from tariff refunds, net of higher tariff costs, and lower retail trade and promotional expense. Beauty & Wellness sales fell amid softer consumer demand, increased competition, reduced retailer replenishment orders, and lower closeout channel sales.
