Helen of Troy Limited Reports Second Quarter Fiscal 2021 Results
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Helen of Troy (HELE) PT Raised to $246 at DA Davidson Following Blowout Qtr
October 9, 2020 8:00 AM EDTDA Davidson analyst Linda Bolon Weiser raised the price target on Helen of Troy (NASDAQ: HELE) to $246.00 (from $243.00) while maintaining a Buy rating following strong Q2 results.
The analyst commented, "HELE reported very strong F2Q21 results, with organic sales +26% and EPS +68%. Tailwinds... More
Helen of Troy (HELE) Tops Q2 EPS by $1.45, Revenues Beat; Defers FY21 Guidance Due to COVID-19
October 8, 2020 6:52 AM EDTHelen of Troy (NASDAQ: HELE) reported Q2 EPS of $3.77, $1.45 better than the analyst estimate of $2.32. Revenue for the quarter came in at $530.85 million versus the consensus estimate of $439.89 million.
Executive Summary Second Quarter of Fiscal 2021
Consolidated net sales revenue increase of 28.2%, including:An increase in Leadership Brand net sales of 30.3%An increase in online channel net sales of approximately 32%Organic business net sales growth of 25.7%Core business net sales growth of 29.1%GAAP operating income of $99.3 million, or 18.7% of net sales, compared to $54.5 million, or 13.2% of... More