Helen of Troy Limited has announced its financial results for the second quarter of fiscal 2026, revealing a notable decline in net sales revenue. According to the results published in the material, the company's performance reflects ongoing challenges in its core business segments, despite some positive contributions from recent acquisitions.
Consolidated Net Sales Revenue
The company reported consolidated net sales revenue of $431.8 million, representing an 8.9% decrease compared to the same quarter in fiscal 2025. This downturn was largely attributed to a 16.0% drop in organic sales, particularly within the
- Beauty & Wellness
- Home & Outdoor
Earnings Performance
In terms of earnings, Helen of Troy achieved an adjusted diluted EPS of $0.59, exceeding market expectations. Conversely, the GAAP diluted loss per share was reported at $13.44, a significant decline from the previous year's earnings. The gross profit margin also saw a decrease, falling to 44.2% from 45.6%, primarily due to increased tariffs and higher promotional costs.
Fiscal 2026 Outlook
Looking forward, Helen of Troy has set its fiscal 2026 outlook with projected net sales ranging from $1.739 billion to $1.780 billion. The company is prioritizing cost control and strategic investments to address the ongoing challenges in the market.
Helen of Troy Limited has recently updated its fiscal 2026 outlook, indicating a cautious forecast amid ongoing market challenges. This follows the company's earlier announcement of a decline in net sales revenue. For more details, see fiscal outlook.
