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What: Shares of consumer products company Helen of Troy
So what: Before the market opened today, Helen of Troy announced results from its fiscal fourth quarter. For the quarter, total sales rose 56% to $237 million. That edged out the $235 million analysts were looking for. On the bottom line, the company reported earnings per share of $0.77 versus $0.54 last year and an average estimate of $0.63 from Wall Street.
Sales for the company's housewares segment rose 9% on the strength of its OXO brand, while the personal care segment -- which includes Dr. Scholls, Revlon, and Vidal Sassoon -- saw revenue increase 11%. The company also benefited from the recent acquisition of Kaz, a maker of humidifiers, air purifiers, and portable heaters.
Now what: Despite Helen of Troy's growth and solid profitability, investors appear to be anything but excited about the stock (today's jump notwithstanding). Based on current expectations for fiscal 2012 earnings, the stock is currently trading at a mere 9.7 times earnings. It could be time to give this little beauty a closer look.
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Fool contributor Matt Koppenheffer does not have a financial interest in any of the companies mentioned. You can check out what Matt is keeping an eye on by visiting his CAPS portfolio, or you can follow Matt on Twitter @KoppTheFool or on his RSS feed. The Fool's disclosure policy prefers dividends over a sharp stick in the eye.