NASDAQ$HELE

Helen of Troy Limited · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Helen of Troy's Q4 2024 results showed slight revenue growth and significant improvements in profitability, driven by strategic initiatives and strong performance in key segments.

Helen of Troy reported a 1.0% increase in consolidated net sales revenue to $489.2 million. GAAP diluted EPS grew by 19.3% to $1.79, and adjusted diluted EPS increased by 21.9% to $2.45. The company experienced gross profit margin improvement of 570 basis points and adjusted EBITDA margin expansion of 410 basis points.

  • Consolidated net sales revenue increased by 1.0% to $489.2 million.
  • GAAP diluted EPS increased by 19.3% to $1.79, and adjusted diluted EPS increased by 21.9% to $2.45.
  • Gross profit margin improved by 570 basis points to 49.0%.
  • Adjusted EBITDA margin improved by 410 basis points to 19.3%.

Headline financials

Total Revenue

$489M

Previous: $485M+1.0%
EPS (adj)

$2.45

Previous: $2.01+21.9%
Adjusted EBITDA

$94.3M

No prior period
Gross profit margin

49.0%

No prior period
Operating margin

13.5%

Previous: 11.1%+21.6%
Adjusted operating margin

17.0%

No prior period
Adjusted EBITDA margin

19.3%

No prior period
Interest expense

$12.5M

No prior period
Income tax expense

-$12M

No prior period
Accounts receivable turnover

66.2

No prior period
Capital Expenditures

-$6.96M

No prior period
Net Income

$42.7M

Previous: $36.2M+18.1%
Operating Income

$66.2M

Previous: $53.7M+23.2%
Gross Profit

$240M

Previous: $210M+14.1%
Stock-Based Comp

$8.77M

Previous: -$5.3M+265.4%

Revenue & EPS history

Helen of Troy · Revenue · Quarterly

$489M

Q4 2024+1%vs Q4 2023
Beat estimate in 12 of 14 quarters(86%)
ActualEstimate

Forward guidance

The company expects consolidated net sales revenue in the range of $1.965 billion to $2.025 billion, GAAP diluted EPS of $6.68 to $7.45, and non-GAAP adjusted diluted EPS in the range of $8.70 to $9.20 for fiscal year 2025.

Tailwinds

  • Home & Outdoor net sales growth of 1.0% to 4.0%
  • Adjusted EBITDA of $324 million to $331 million
  • Free cash flow in the range of $255 million to $275 million
  • Net leverage ratio to end fiscal 2025 at 1.25x to 1.00x
  • Sell-in will be generally in line with sell-through during fiscal 2025

Headwinds

  • Consolidated net sales revenue decline of 2.0% to growth of 1.0%
  • Lingering inflation and further consumer spending softness
  • Beauty & Wellness net sales decline of 4.5% to 1.5%
  • Year-over-year headwind of approximately 50 basis points from the expiration of an out-license relationship in Wellness
  • Slight decline in adjusted diluted EPS for the first half of fiscal 2025

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 Q4 2024

Historical avgQ4 2024

-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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