NASDAQ: HELE HELEN OF TROY LTD 8-K

Helen of Troy reports Q1 sales up 8.2%, GAAP EPS $1.51 includes $1.74 facility-sale gain

Filed July 8, 2026 · Period ending July 8, 2026 · ~2 min read

Key Changes

high

Q1 fiscal 2027 net sales $402.1M, up 8.2% year-over-year, driven by 9.5% growth in Home & Outdoor and 7.0% in Beauty & Wellness. GAAP diluted EPS $1.51 includes $1.74 after-tax gain from April 2026 sale of Southaven, MS distribution facility.

Exhibit 99.1 view on EDGAR →
high

Raised fiscal 2027 net sales guidance to $1.759–$1.831B (flat to +2.5% vs. FY2026's $1.786B). Maintained GAAP EPS guidance $3.57–$4.18 and adjusted EPS $3.25–$3.75.

Exhibit 99.1 view on EDGAR →
high

Gross margin contracted 110 bps to 46.0% on tariff headwinds, less favorable inventory obsolescence, and customer mix. FY2027 outlook assumes current tariff rates persist, includes $9.2M Phase 1 tariff refunds, and anticipates higher commodity/freight costs from Middle East tensions and supply-chain volatility.

Exhibit 99.1 view on EDGAR →
medium

Total debt declined to $716.1M from $871.0M a year earlier. Company prioritizing cash flow for debt reduction, targeting net leverage ratio ~3.2x or lower by fiscal year-end (down from 3.48x as of May 31, 2026).

Exhibit 99.1 view on EDGAR →
medium

Operating cash flow negative $0.6M in Q1 vs. positive $58.3M prior year. Inventory $467.4M includes ~$15M incremental tariff costs. FY2027 operating cash flow guidance $119.6 million–$130M; capex $30–$34M focused on innovation and supply-chain diversification.

Exhibit 99.1 view on EDGAR →

Summary

Helen of Troy reported first-quarter fiscal 2027 results showing 8.2% sales growth to $402.1 million, with both operating segments contributing.

GAAP earnings per share of $1.51 included a $1.74 gain from the April sale of the company's Mississippi distribution facility; stripping out that gain and other adjustments, core earnings were $0.17 per share, down from $0.41 a year earlier, primarily due to higher tax expense and tariff pressures.

Gross margin contracted 110 basis points to 46.0%, reflecting tariff headwinds, less favorable inventory obsolescence, and customer mix shifts within Home & Outdoor. The company raised its full-year sales outlook to $1.759–$1.831 billion (flat to 2.5% growth) while maintaining EPS and adjusted EBITDA guidance. Management's outlook assumes current tariff rates remain in place and includes $9.2 million in Phase 1 tariff refunds, but excludes uncertain future refund phases. The forecast also anticipates higher product costs from commodity inflation, unfavorable Chinese Yuan movements, and increased freight expenses driven by Middle East tensions and supply-chain volatility. Total debt declined to $716.1 million, and the company is prioritizing cash flow for further debt reduction, targeting a net leverage ratio of approximately 3.2x or lower by fiscal year-end. Operating cash flow turned negative in the quarter at $0.6 million, though management expects $119.6 million–$130 million for the full year with continued emphasis on inventory reduction and working capital efficiency.

Section-by-Section Diff

Event · Item 2.02 — Results of Operations and Financial Condition

~1,700 words

Helen of Troy announced Q1 fiscal 2027 earnings results via press release.

1 Added

Added Q1 fiscal 2027 earnings announcement medium

Added in current filing · verify on EDGAR →

On July 8, 2026, Helen of Troy Limited (the “Company”, “our”, “we” or “us”) issued a press release announcing the results for the first quarter of fiscal 2027.

Helen of Troy disclosed its financial results for the first quarter of fiscal year 2027 through a press release. The actual financial figures are contained in the attached press release exhibit, which is furnished but not filed with this 8-K. This is a routine quarterly earnings disclosure.

Event · Exhibit 99.1

~8,100 words View exhibit on EDGAR ↗

4 Added

Added Q1 FY2027 earnings and facility sale high

Added in current filing · view on EDGAR →

Consolidated net sales revenue of $402.1 million compared to $371.7 million ... GAAP diluted earnings per share of $1.51, which includes an after-tax gain on the sale of a distribution facility of $1.74, compared to diluted loss per share of $19.65, which included after-tax non-cash asset impairment charges of $18.99 ... Represents a pre-tax gain on the sale of the Company’s distribution facility in Southaven, Mississippi which was

completed on April 14, 2026, during the first quarter of fiscal 2027

Helen of Troy reported Q1 fiscal 2027 consolidated net sales of $402.1 million, up 8.2% year-over-year, driven by growth in both Home & Outdoor (up 9.5%) and Beauty & Wellness (up 7.0%) segments. GAAP diluted EPS was $1.51, which includes a $1.74 per-share after-tax gain from the sale of the company's Southaven, Mississippi distribution facility completed April 14, 2026. Excluding this gain and other adjustments, adjusted diluted EPS was $0.17, down from $0.41 in the prior-year quarter, primarily due to higher tax expense and tariff headwinds.

Added Raised FY2027 sales outlook high

Added in current filing · view on EDGAR → · paraphrased

Updates Fiscal 2027 Outlook: Raises Consolidated Net Sales to $1.759-$1.831 Billion ... Fiscal 2026 Net sales revenue $ 1,786,290 Fiscal 2027 Outlook $ 1,759,000 — $ 1,831,000

The company raised its fiscal 2027 consolidated net sales guidance to $1.759–$1.831 billion, representing flat to 2.5% growth versus fiscal 2026's $1.786 billion. The company maintained its GAAP diluted EPS guidance of $3.57–$4.18 and adjusted diluted EPS guidance of $3.25–$3.75, as well as adjusted EBITDA guidance of $190–$197 million and free cash flow guidance of $85 million–$100 million.

Added Debt reduction and leverage medium

Added in current filing · view on EDGAR → · paraphrased

Total short- and long-term debt was $716.1 million, compared to $871.0 million ... Interest and Debt Leverage: Interest expense in the range of $45.5 million to $47.5 million with cash flow prioritized for debt reduction, and an expected net leverage ratio, as defined in the Company's credit agreement, of approximately 3.2x or lower by the end of fiscal 2027.

Total debt declined to $716.1 million as of May 31, 2026, down from $871.0 million a year earlier. The company expects fiscal 2027 interest expense of $45.5–$47.5 million and is prioritizing cash flow for debt reduction, targeting a net leverage ratio of approximately 3.2x or lower by fiscal year-end (down from 3.48x as of May 31, 2026).

Added Operating cash flow and inventory medium

Added in current filing · view on EDGAR →

Net cash used by operating activities of $0.6 million compared to net cash provided by operating activities of $58.3 million ... Inventory was $467.4 million, which includes approximately $15 million of incremental tariff costs, compared to $484.1 million ... Working Capital Efficiency and Capital Investment: Continued working capital efficiency during fiscal 2027, with an emphasis on further inventory reduction. The Company expects capital expenditures of $30 million to $34 million with an emphasis on product innovation and supply chain diversification.

Operating cash flow was negative $0.6 million in Q1 fiscal 2027, compared to positive $58.3 million in the prior-year quarter. Inventory declined to $467.4 million from $484.1 million a year earlier, though the current balance includes approximately $15 million of incremental tariff costs. The company expects fiscal 2027 operating cash flow of $119.6 million–$130 million and is emphasizing further inventory reduction and working capital efficiency, with planned capital expenditures of $30–$34 million focused on product innovation and supply chain diversification.