Helen of Troy reaffirms FY25 non-GAAP EPS view $7.00-$7.50, consensus $7.10

Reaffirms FY25 revenue view $1.885B-$1.935B, consensus $1.9B. Sees FY25 EBITDA $287M-$297M. The company said, “The sales outlook continues to reflect the Company’s view of lingering inflation and continued consumer spending softness, especially in certain discretionary categories, as well as its view of increased macro uncertainty, an increasingly stretched consumer, a more promotional environment, and retailers even more closely managing their inventory levels. The sales outlook reflects the impact of executional challenges in the Company’s Tennessee distribution facility on sales that occurred during the first quarter of fiscal 2025. During the second quarter of fiscal 2025, the remediation efforts for the automation system were substantially completed, and the Company believes the impact on sales was minimal during the quarter. The Company now believes it is in a position to achieve targeted efficiency levels by the end of FY25.” The Company’s fiscal year net sales outlook now reflects the following expectations by segment: Home & Outdoor net sales decline of 2.3% to growth of 1.4%, which includes the impact of shipping disruption in the Company’s Tennessee distribution facility during the Q1, compared to the prior expectation of a decline of 3.0% to 1.0%; and Beauty & Wellness net sales decline of 9.0% to 7.5%, compared to the prior expectation of a decline of 8.0% to 5.0%, both of which include a year-over-year headwind of approximately 1.0% related to the expiration of an out-license relationship in Wellness.