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Helen of Troy Limited

Company Name Helen of Troy Limited
Stock Symbol HELE
Status 1

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Background

On July 9, 2024, Helen of Troy released its first quarter fiscal 2025 financial results, reporting that “net sales revenue decreased $57.8 million, or 12.2%, to $416.8 million, compared to $474.7” the year prior. The Company also reported that the decline was partly attributable to “lower replenishment orders from retail customers and the impact of the shipping disruption at the Company's Tennessee distribution facility due to automation startup issues affecting some of the segment's small retail customer and direct-to-consumer orders.”

On this news, Helen of Troy’s stock price fell $24.68, or 27.7%, to close at $64.33 per share on July 9, 2024, thereby injuring investors.

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