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May 31, 2020
Helen of Troy Q1 2021 Earnings Report
Achieved consolidated net sales growth and adjusted diluted EPS growth.
Key Takeaways
Helen of Troy Limited reported excellent first quarter results with a consolidated net sales growth of 11.8% and adjusted diluted EPS growth of 22.8%. The Health & Home segment led the way with sales growth of 29%.
Consolidated net sales revenue increased by 11.8%, driven by a 15.7% increase in Leadership Brand net sales.
GAAP operating income was $57.0 million, representing 13.5% of net sales, compared to $47.2 million, or 12.5% of net sales, for the same period last year.
GAAP diluted EPS was $2.37, compared to $1.61 for the same period last year.
Net cash flow provided by operating activities was $92.8 million, compared to $15.7 million for the same period last year.
Helen of Troy
Helen of Troy
Forward Guidance
Due to the evolving COVID-19 pandemic and related consumer and business uncertainty, the Company is not providing an Outlook for fiscal 2021 at this time.