The company reported year-over-year growth and surpassed consensus analyst estimates.
The organization delivered adjusted earnings of $0.17 per share, surpassing Wall Street estimates of a loss of $0.01 per share, though results declined 58.5 percent from a year earlier.
The revenue for the first quarter was $402.12 million, marking an 8.2 percent increase from a year earlier and exceeding analyst forecasts of $374.55 million.
The consolidated gross profit margin for the first quarter decreased 110 basis points to 46.0 percent, while consolidated operating income for the first quarter was $60.3 million, or 15.0 percent of net sales revenue, which includes a pre-tax gain of $54.9 million on the sale of a distribution facility.
Helen Of Troy outlined earnings projections for the fiscal year 2027 in the range of $3.25 to $3.75 per share, compared with analyst expectations of $3.52 per share. Revenue projections were set between $1.76 billion and $1.83 billion, versus consensus estimates of $1.79 billion.
Mr. G. Scott Uzzell, Chief Executive Officer, stated: “We are off to a solid start in fiscal 2027, with first quarter net sales and adjusted EPS above our expectations and growth across both segments. We believe these results reflect early signs of progress against our multi-year roadmap and the disciplined execution of our teams — including POS gains across a number of our key brands.”
