Helen of Troy
The 10-second takeaway
For the quarter ended Aug. 31 (Q2), Helen of Troy missed estimates on revenues and whiffed on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP earnings per share dropped slightly.
Gross margins expanded, operating margins dropped, net margins dropped.
Revenue details
Helen of Troy booked revenue of $287.4 million. The one analyst polled by S&P Capital IQ expected sales of $310.0 million on the same basis. GAAP reported sales were 3.6% higher than the prior-year quarter's $277.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
EPS came in at $0.72. The two earnings estimates compiled by S&P Capital IQ averaged $0.86 per share. GAAP EPS of $0.72 for Q2 were 2.7% lower than the prior-year quarter's $0.74 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Margin details
For the quarter, gross margin was 40.7%, 20 basis points better than the prior-year quarter. Operating margin was 10.7%, 20 basis points worse than the prior-year quarter. Net margin was 8.0%, 50 basis points worse than the prior-year quarter.
Looking ahead
Next quarter's average estimate for revenue is $382.0 million. On the bottom line, the average EPS estimate is $1.15.
Next year's average estimate for revenue is $1.29 billion. The average EPS estimate is $3.57.
Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 76 members out of 103 rating the stock outperform, and 27 members rating it underperform. Among 37 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 22 give Helen of Troy a green thumbs-up, and 15 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Helen of Troy is hold, with an average price target of $34.00.
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