Peter Grom

Rupesh Parikh

Susan Anderson

Bob Labick

Olivia Tong

Olivia Tong Cheang

Robert Labick

Linda Bolton-Weiser

- Helen of Troy reported **Q2 FY26 net sales of $431.8 million** and **adjusted diluted EPS of $0.59**, which were at or above the high end of their outlook ranges.  **[0000916789_2173451:7]** **[0000916789_2173451:8]** 
- **Consolidated net sales declined by 8.9%** in Q2 FY26, primarily driven by **tariff-related trade disruptions** and softness at retail, with organic net sales decreasing by **16.0%**.  **[0000916789_2173451:8]** **[0000916789_2173451:9]** 
- For **Fiscal Year 2026**, the company expects **net sales between $1.739 billion and $1.780 billion** and **adjusted diluted EPS between $3.75 and $4.25**.  **[0000916789_2173451:15]** **[0000916789_2173451:29]** 
- Helen of Troy is implementing a **tariff mitigation action plan** and cost reduction measures, aiming to reduce the net remaining impact on operating income to **less than $20 million** in FY26.  **[0000916789_2173451:11]** **[0000916789_2173451:14]**

Helen of Troy Reports Q2 FY26 Results and Provides FY26 Outlook

- **Scott** has joined Helen of Troy as the new CEO, outlining initial strategic priorities focused on re-energizing brands, placing consumers at the center, strengthening the portfolio for predictable growth, and improving asset efficiency.  **[0000916789_2174151_1]** **[0000916789_2174151_2]** 
- For Q2 2026, Helen of Troy reported consolidated net sales decreased **8.9%**, with organic net sales declining **16%**, approximately **30%** of which was attributed to tariff-related disruptions.  **[0000916789_2174151_8]**  The company also recorded a GAAP operating loss of **$315.7 million**, primarily due to **$326.4 million** in non-cash asset impairment charges.  **[0000916789_2174151_9]** 
- The company is actively implementing tariff mitigation strategies, including supplier diversification, cost reductions, and customer price increases, with the majority of planned price increases implemented by the end of September.  **[0000916789_2174151_5]** 
- Helen of Troy provided a full-year fiscal 2026 net sales outlook of **$1.74 billion to $1.78 billion** (a decline of **8.8% to 6.7%** year over year) and adjusted EPS guidance of **$3.75 to $4.25** (a decline of **47.7% to 40.7%** year over year).  **[0000916789_2174151_11]**

Helen of Troy Reports Q2 2026 Results and New CEO Outlines Strategy

- Helen of Troy Limited reported **second quarter fiscal 2026 consolidated net sales of $431.8 million**, an **8.9% decline** compared to the prior year, and a **GAAP diluted loss per share of $13.44**, which includes **$12.77 after-tax non-cash asset impairment charges**.  **[916789_0000916789-25-000096_fy26_q2xex-991.htm:0]** **[916789_0000916789-25-000096_fy26_q2xex-991.htm:1]** **[916789_0000916789-25-000096_fy26_q2xex-991.htm:2]** 
- **Adjusted diluted EPS for Q2 fiscal 2026 was $0.59**, a decrease from $1.21 in the prior year.  **[916789_0000916789-25-000096_fy26_q2xex-991.htm:0]** **[916789_0000916789-25-000096_fy26_q2xex-991.htm:1]** **[916789_0000916789-25-000096_fy26_q2xex-991.htm:3]** 
- The company provided a fiscal 2026 outlook for **consolidated net sales of $1.739-$1.780 billion** and **adjusted diluted EPS of $3.75-$4.25**.  **[916789_0000916789-25-000096_fy26_q2xex-991.htm:0]** 
- Significant **non-cash asset impairment charges of $326.4 million** were recognized in Q2 fiscal 2026, primarily due to a sustained decline in the company's stock price, impacting both the Beauty & Wellness and Home & Outdoor segments.  **[916789_0000916789-25-000096_fy26_q2xex-991.htm:2]** 
- Helen of Troy Limited plans to proactively seek an **amendment to its credit agreement** during the third fiscal quarter to address potential compliance with financial covenants.  **[916789_0000916789-25-000096_fy26_q2xex-991.htm:7]**

HELEN OF TROY (HELE)