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Benzinga
Benzinga
Business
Avi Kapoor

Helen of Troy Analysts Slash Their Forecasts After Weak Q1 Results

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Helen of Troy Limited (NASDAQ:HELE) reported worse-than-expected first-quarter financial results and issued second-quarter guidance below estimates on Thursday.

The company reported first quarter adjusted earnings per share of 41 cents, missing the analyst consensus estimate of 90 cents. Quarterly sales of $371.655 million (down 10.8% year over year), missed the Street view of $398.205 million.

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