07:24 AM EDT, 07/10/2025 (MT Newswires) -- Helen of Troy (HELE) shares were down more than 20% premarket Thursday after the company reported lower fiscal Q1 adjusted earnings and revenue.

The company posted fiscal Q1 adjusted earnings of $0.41 per diluted share, down from $0.99 a year earlier.

Two analysts polled by FactSet expected $0.49.

Net sales revenue for the quarter ended May 31 was $371.7 million, compared with $416.8 million a year earlier.

Analysts surveyed by FactSet expected $395.7 million.

The company said it expects fiscal Q2 adjusted earnings in the range of $0.45 to $0.60 per share on net sales revenue ranging between $408 million and $432 million.

Analysts polled by FactSet expect adjusted earnings of $0.87 per share on sales of $470.2 million.