Stock Track | Helen of Troy Plunges 22.65% Pre-market on Massive Q1 Loss and Weak Outlook

Stock Track
Jul 10

Helen of Troy Limited (NASDAQ: HELE) shares plummeted 22.65% in pre-market trading on Thursday following the release of its disappointing first-quarter fiscal 2026 results. The global consumer products company reported a substantial GAAP loss per share of $19.65, a stark contrast to the $0.26 earnings per share in the prior year.

The company's financial performance was significantly impacted by non-cash asset impairment charges of $414.4 million, leading to an operating margin of -109.5%. Even on an adjusted basis, the results fell short of expectations. Helen of Troy's adjusted earnings per share came in at $0.41, missing the analyst consensus estimate of $0.85 by 51.76%. Consolidated net sales decreased by 10.8% to $371.7 million, also falling below the anticipated $395.7 million.

Adding to investor concerns, Helen of Troy provided a weak outlook for the second quarter of fiscal 2026. The company projects consolidated net sales between $408 million and $432 million, with adjusted diluted earnings per share ranging from $0.45 to $0.60. These figures are considerably below the current analyst expectations of $474.9 million in revenue and $1.14 in earnings per share. The company is actively working to mitigate the impact of tariffs and is in the process of identifying a new CEO, which adds uncertainty to its near-term prospects.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10