NASDAQ$HELE

Helen of Troy Limited · Q2 2025 earnings

Q2 2025 earnings · · Investor relations

Briefing

Helen of Troy's Q2 2025 results exceeded expectations, with reaffirmed annual outlook and strategic actions taken.

Helen of Troy reported a 3.5% decrease in consolidated net sales to $474.2 million, but still exceeded expectations. GAAP diluted EPS was $0.74, while adjusted diluted EPS was $1.21. The company reaffirmed its annual outlook for net sales, adjusted EPS, and adjusted EBITDA.

  • Consolidated net sales decreased by 3.5% to $474.2 million.
  • GAAP diluted EPS was $0.74, and adjusted diluted EPS was $1.21.
  • Cash flow from operations increased to $44.6 million, with free cash flow at $39.7 million.
  • The company reaffirms its annual outlook for net sales, adjusted EPS, and adjusted EBITDA.

Headline financials

Total Revenue

$474M

Previous: $492M-3.5%
EPS

$0.74

Previous: $1.74-57.5%
Adjusted EBITDA

$55.8M

No prior period
Gross profit margin

45.6%

Previous: 46.7%-2.4%
Operating margin

7.3%

Previous: 9.5%-23.2%
Adjusted operating margin

9.8%

No prior period
Adjusted EBITDA margin

11.8%

No prior period
Interest expense

$13.2M

No prior period
Accounts receivable turnover

69

No prior period
Capital Expenditures

-$4.88M

Previous: -$8.68M+43.7%
Free Cash Flow

$17M

Previous: $27.4M-37.9%
Net Income

$17M

Previous: $27.4M-37.9%
Operating Income

$34.9M

Previous: $46.8M-25.6%
Gross Profit

$216M

Previous: $230M-5.9%
Cash & Equivalents

$20.1M

Previous: $24.2M-16.8%
Total Assets

$2.88B

Previous: $2.9B-0.7%
Stock-Based Comp

$5.49M

Previous: $7.23M-24.1%

Revenue & EPS history

Helen of Troy · Revenue · Quarterly

$474M

Q2 2025-3.5%vs Q2 2024
Beat estimate in 12 of 14 quarters(86%)
ActualEstimate

Forward guidance

The Company continues to expect consolidated net sales revenue in the range of $1.885 billion to $1.935 billion, GAAP diluted EPS of $4.69 to $5.45 and non-GAAP adjusted diluted EPS in the range of $7.00 to $7.50. The Company now expects free cash flow in the range of $180 million to $200 million, and now expects its net leverage ratio to end fiscal 2025 at 1.90x to 1.80x.

Tailwinds

  • Maintains consolidated net sales outlook of $1.885-$1.935 Billion
  • Maintains GAAP diluted EPS outlook of $4.69-$5.45 and Adjusted Diluted EPS of $7.00-$7.50
  • Maintains Adjusted EBITDA outlook of $287-$297 Million
  • Updates Free Cash Flow outlook to $180-$200 Million
  • Updates Net Leverage Ratio Reduction to Between 1.9X and 1.8X by the End of Fiscal 2025

Headwinds

  • Lingering inflation and continued consumer spending softness, especially in certain discretionary categories
  • Increased macro uncertainty
  • An increasingly stretched consumer
  • A more promotional environment
  • Retailers even more closely managing their inventory levels

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 Q2 2025

Historical avgQ2 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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