Overview

* Helen of Troy fiscal Q1 sales decline 10.8%, missing analyst expectations, per LSEG data

* Beauty products and home tools maker's adjusted EPS for fiscal Q1 misses consensus

* Co faces substantial operating loss due to non-cash asset impairment charges

Outlook

* Company expects Q2 fiscal 2026 net sales of $408-$432 mln

* Helen of Troy anticipates adjusted EPS of $0.45-$0.60 for Q2 fiscal 2026

* Company sees tariff-related impacts on operating income reduced to less than $15 mln

* Helen of Troy notes ongoing consumer spending softness and macro uncertainty

Result Drivers

* TARIFF IMPACT - Tariff-related impacts accounted for approximately 8 percentage points of the 10.8% revenue decline, per interim CEO Brian Grass

* ASSET IMPAIRMENT - Substantial operating loss due to non-cash asset impairment charges of $414.4 million

* ORGANIC BUSINESS DECLINE - Revenue decline driven by lower sales in Beauty & Wellness and Home & Outdoor segments

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q1 Sales Miss $371.70 $395.70

mln mln (5

Analysts

)

Q1 Miss $0.41 $0.85 (5

Adjusted Analysts

EPS )

Q1 EPS -$19.65

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the appliances, tools & housewares peer group is "hold"

* Wall Street's median 12-month price target for Helen of Troy Ltd ( HELE ) is $47.00, about 34% above its July 9 closing price of $31.00

* The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)