Helen of Troy Limited (NASDAQ:HELE) reported first-quarter fiscal 2027 results on Wednesday that came in ahead of analyst expectations, although the stock was little changed in premarket trading.
Shares edged down 0.14% before the opening bell following the earnings release.
The company posted adjusted earnings per share of $0.17, outperforming the consensus forecast of a $0.05 loss per share by $0.22.
Quarterly revenue rose 8.2% year over year to $402.1 million from $371.7 million, exceeding analysts’ expectations of $368.53 million.
Growth was supported by solid performance across both operating divisions, with Home & Outdoor revenue increasing 9.5% and Beauty & Wellness sales climbing 7.0%.
“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,” said G. Scott Uzzell, Chief Executive Officer. “We believe these results reflect early signs of progress against our multi-year roadmap and the disciplined execution of our teams.”
For fiscal 2027, Helen of Troy increased its revenue guidance to a range of $1.759 billion to $1.831 billion. While the updated forecast replaces the previous baseline of $1.786 billion, the midpoint of $1.795 billion is only slightly above the analyst consensus estimate of $1.79 billion.
The company left its adjusted earnings per share guidance unchanged at $3.25 to $3.75. The midpoint of $3.50 remains modestly ahead of the consensus forecast of $3.49.
Gross profit margin narrowed by 110 basis points to 46.0%, mainly due to the impact of tariffs, less favourable inventory obsolescence and an unfavourable customer mix within the Home & Outdoor segment.
Adjusted operating margin also declined, slipping 30 basis points to 4.0% from 4.3% a year earlier.
Helen of Troy reported GAAP diluted earnings per share of $1.51, including an after-tax gain of $1.74 related to the sale of a distribution facility in Southaven, Mississippi.