Helen of Troy stock surges after profit and sales fall but beat expectations

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Shares of Helen of Troy Ltd. surged 4.1% toward a five-month high in premarket trading Monday, after the consumer products company reported fiscal...

Shares of Helen of Troy Ltd.

surged 4.1% toward a five-month high in premarket trading Monday, after the consumer products company reported fiscal first-quarter profit and sales that beat expectations. The company, with brands including Vicks, Braun and Hydro Flask, said results beat expectations despite continued pressure on certain categories from lower consumer demand and shifting buying patterns. Net income for the quarter to May 31 fell to $22.6 million, or 94 cents a share, from $24.6 million, or $1.

surged 4.1% toward a five-month high in premarket trading Monday, after the consumer products company reported fiscal first-quarter profit and sales that beat expectations. The company, with brands including Vicks, Braun and Hydro Flask, said results beat expectations despite continued pressure on certain categories from lower consumer demand and shifting buying patterns. Net income for the quarter to May 31 fell to $22.6 million, or 94 cents a share, from $24.6 million, or $1.

 

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