"We see significant growth potential in Olive & June as the team continues to build on the brand's strength in consumer obsession and breakthrough commercial and product innovation..."
— Noel Geoffroy
03Detailed Report
HELE
Helen of Troy Limited
Period
Q3 2025
CurrencyUSD
Report TypeQuarterly Earnings
GeneratedJun 23, 2026
Swipe to view all report sections
Executive Summary
Helen of Troy Limited (HELE) reported its Q3 2025 results reflecting continued challenges in consumer spending and a notably weak cough, cold, and flu season, which contributed to a net sales decline of 3.4% year-over-year to $530.7 million. Despite these challenges, the company achieved gross profit margins of 48.9%, a 90 basis point increase, indicating effective cost management strategies in place. Management expressed optimism regarding ongoing projects, particularly Project Pegasus aimed at revitalizing the brand portfolio and improving operational efficiencies. With the recent acquisition of Olive & June, the company anticipates additional growth and profitability enhancements moving forward, signaling a focus on long-term strategic initiatives.
Key Performance Indicators
Revenue
Decreasing
530.71M
QoQ: 11.91% | YoY: -3.44%
Gross Profit
Decreasing
259.33M
48.86% margin
QoQ: 20.02% | YoY: -1.69%
Operating Income
Decreasing
75.12M
QoQ: 115.53% | YoY: -29.75%
Net Income
Decreasing
49.62M
QoQ: 191.62% | YoY: -34.63%
EPS
Decreasing
2.17
QoQ: 189.33% | YoY: -32.19%
Revenue Trend
Margin Analysis
Financial Highlights
- Revenue: $530.7 million, down 3.4% YoY
- Gross Profit: $259.3 million, with a gross margin of 48.9% (+90bps YoY)
- Operating Income: $75.1 million, reflecting operating income ratio of 14.2%
- Net Income: $49.6 million, translating to EPS of $2.17, down 34.6% YoY
- Cash Flow: Net cash provided by operating activities at $8.3 million with free cash flow of $191,000
- Debt Levels: Total debt at $734 million with a net leverage ratio of 2.35x
Income Statement
Metric
Value
YoY Change
QoQ Change
Revenue
530.71M
-3.44%
11.91%
Gross Profit
259.33M
-1.69%
20.02%
Operating Income
75.12M
-29.75%
115.53%
Net Income
49.62M
-34.63%
191.62%
EPS
2.17
-32.19%
189.33%
Key Financial Ratios
Gross Profit Margin
Good
48.90%
Gross profit margin is healthy and competitive within industry standards
Operating Profit Margin
Fair
14.20%
Operating margin is moderate, room for improvement in cost management
Net Profit Margin
Fair
9.35%
Net profit margin is moderate, room for improvement in cost management
Return on Assets
Weak
1.67%
Return on assets suggests inefficient capital allocation
Return on Equity
Weak
3.05%
Return on equity suggests inefficient capital allocation
Current Ratio
Healthy
1.92
Current ratio shows adequate liquidity to meet short-term obligations
Debt to Equity
Conservative
0.03
Debt-to-equity shows conservative leverage and low financial risk
P/E Ratio
Value
8.44x
P/E ratio suggests potential undervaluation or stable earnings
Price to Book
Fair Value
1.03x
Price-to-book ratio reasonable for profitable companies
Management Insights Available for Members
Get exclusive access to management commentary, earnings call quotes, and forward guidance from company leadership.
Helen of Troy Limited (HELE) QQ3 2026 Results Analysis — Stabilizing Brand Momentum in Consumer Defensive, Tariff Headwinds, and Path to Growth into...