** Home and beauty products maker Helen of Troy's HELE.O shares fall as much as 10% to $53.32, lowest since Sept. 11
** Company forecasts FY25 consolidated net sales to decline in the range of 4.6% to 5.8%, steeper than the prior target of a 3.5% to 6% drop
** Says sales were impacted by lingering inflation, a decrease in discretionary purchases, and executional challenges at its Tennessee distribution facility that occurred in the first quarter
** Tightens its adj. earnings per share forecast to a range of $7.15 to $7.40 from the prior range of $7.00 to $7.50
** Reports Q3 net sales down 3.4% to $530.7 mln, missing estimates of $533.1 mln, according to data compiled by LSEG
** Two of six brokerages rate the stock "buy" or higher, four "hold"; their median PT is $85
** HELE stock fell about 50% in 2024
(Reporting by Aamir Sohail in Bengaluru)
((Aamir.Sohail@thomsonreuters.com;))
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.