NASDAQ$HELE

Helen of Troy Limited · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Helen of Troy's first quarter of fiscal year 2025 experienced a sales decline and mixed margin performance.

Helen of Troy reported a 12.2% decrease in consolidated net sales to $416.8 million, with GAAP diluted EPS at $0.26 and Adjusted diluted EPS at $0.99. Gross profit margin improved by 330 basis points, while operating margin declined. The company updated its fiscal 2025 outlook, lowering sales and earnings expectations due to internal and external challenges.

  • Consolidated net sales decreased by 12.2% to $416.8 million.
  • Gross profit margin improved by 330 basis points to 48.7%.
  • GAAP diluted EPS was $0.26, and adjusted diluted EPS was $0.99.
  • Fiscal 2025 outlook lowered for net sales, EPS, adjusted EBITDA, and free cash flow.

Headline financials

Total Revenue

$417M

Previous: $475M-12.2%
EPS

$0.26

Previous: $1.94-86.6%
Adjusted EBITDA

$52.4M

Previous: $72.4M-27.6%
Gross profit margin

48.7%

No prior period
Operating margin

7.4%

No prior period
Adjusted operating margin

10.3%

No prior period
Adjusted EBITDA margin

12.6%

No prior period
Interest expense

$12.5M

No prior period
Income tax expense

-$12.1M

No prior period
Accounts receivable turnover

67.4

No prior period
Free Cash Flow

$6.2M

Previous: $22.6M-72.5%
Net Income

$6.2M

Previous: $22.6M-72.5%
Operating Income

$30.8M

Previous: $40.6M-24.3%
Gross Profit

$203M

Previous: $216M-5.8%
Cash & Equivalents

$16.1M

Previous: $38.9M-58.5%
Total Assets

$2.82B

Previous: $2.87B-1.8%
Stock-Based Comp

$5.83M

Previous: $9.3M-37.3%

Revenue & EPS history

Helen of Troy · Revenue · Quarterly

$417M

Q1 2025-12.2%vs Q1 2024
Beat estimate in 12 of 14 quarters(86%)
ActualEstimate

Forward guidance

The company now expects consolidated net sales revenue in the range of $1.885 billion to $1.935 billion, and non-GAAP adjusted diluted EPS in the range of $7.00 to $7.50.

Tailwinds

  • Project Pegasus continues to provide fuel to fund initiatives.
  • Organizational focus to capture opportunities and leverage scale.
  • Investments in new talent and next-level data.
  • Analytics and capabilities to improve effectiveness and productivity.
  • Profit improvement actions implemented in the second quarter.

Headwinds

  • Lingering inflation and further consumer spending softness.
  • Executional challenges in the Company's Tennessee distribution facility.
  • Increased macro uncertainty.
  • Increasingly stretched consumer.
  • More promotional environment.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-0.2%

Avg return

Earnings day

-1.4%

Avg return

5 days after

-1.5%

Avg return

30 days after

37%

24 / 65 earnings

Positive

+25.6%

Q4 2019

Best reaction

-30.6%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+20.5%+18.6%+29.8%
Q3 2026-2.4%-11.4%-11.0%
Q2 2026-24.6%-24.9%-29.7%
Q1 2026-7.6%+1.1%+8.6%
Q4 2025-12.0%-16.7%-23.1%
Q3 2025+4.5%+3.3%-5.0%
Q2 2025+16.0%+9.8%+0.2%
Q1 2025-30.6%-28.0%-38.2%
Q4 2024-9.4%-7.9%+4.5%
Q3 2024+8.0%+4.7%-2.1%
Q2 2024-5.7%-4.9%-9.7%
Q1 2024+15.1%+14.1%+19.6%
Q4 2023+17.8%-1.4%+11.6%
Q3 2023-1.4%-1.0%+6.4%
Q2 2023+1.8%-1.9%-13.7%
Q1 2023-9.6%-19.7%-23.5%
Q4 2022+6.0%-0.7%-11.4%
Q3 2022-3.5%-5.1%-15.3%
Q2 2022+3.8%+1.3%+8.1%
Q1 2022-7.4%-10.0%-2.6%
Q4 2021-5.5%-2.8%-5.9%
Q3 2021-6.3%-5.6%+0.4%
Q2 2021-3.4%-1.6%+1.5%
Q1 2021+3.8%+4.7%+3.2%
Q4 2020+7.5%+11.1%+20.1%
Q3 2020+3.7%+0.7%+5.7%
Q2 2020-5.9%-2.7%-3.8%
Q1 2020+10.4%+11.1%+11.9%
Q4 2019+25.6%+22.2%+16.2%
Q3 2019-15.9%-14.5%-13.4%
Q2 2019-2.7%-3.1%+9.5%
Q1 2019+14.9%+12.8%+10.5%
Q4 2018+5.6%+6.0%+6.9%
Q3 2018+0.0%+1.4%-6.5%
Q2 2018-11.0%-8.4%-11.0%
Q1 2018-5.3%-1.1%+6.4%
Q4 2017-3.0%-3.4%-7.2%
Q3 2017+9.6%+6.6%+6.2%
Q2 2017-6.7%-7.2%-7.6%
Q1 2017-3.8%-2.4%-6.3%
Q4 2016-2.8%
Q3 2016-0.9%
Q2 2016+6.9%
Q1 2016-11.3%
Q4 2015+11.6%
Q3 2015+15.3%
Q2 2015-0.1%
Q1 2015-3.0%
Q4 2014-4.8%
Q3 2014+10.9%
Q2 2014+2.8%
Q1 2014+4.7%
Q4 2013-2.3%
Q3 2013+7.8%
Q2 2013-10.1%
Q1 2012-7.6%
Q1 2013-7.6%
Q4 2010-1.6%
Q1 2011-1.6%
Q4 2012-1.6%
Q3 2011-1.5%
Q3 2012-1.5%
Q2 2012-1.0%
Q2 2011-1.0%
Q4 2011-1.0%

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