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May 31
Helen of Troy Q1 2026 Earnings Report
Helen of Troy reported a significant net loss in Q1 2026 due to impairment charges despite some brand growth.
Key Takeaways
Helen of Troy experienced a 10.8% revenue decline and a $450.7M net loss in Q1 2026, mainly due to non-cash asset impairment charges. However, adjusted EPS remained positive, reflecting operational resilience in parts of the business.
Helen of Troy
Helen of Troy
Helen of Troy Revenue by Segment
Helen of Troy Revenue by Geographic Location
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
For Q2 FY26, Helen of Troy expects revenue between $408M and $432M and adjusted EPS of $0.45–$0.60, reflecting ongoing macro and tariff pressures offset by mitigation efforts.
Positive Outlook
- Cost reduction measures continue to yield results
- Tariff impact expected to be reduced to under $15M
- Production is being diversified outside China
- Sales growth expected from Olive & June acquisition
- Free cash flow generation has improved YoY
Challenges Ahead
- Revenue guidance implies YoY decline of up to 14%
- Continued softness in discretionary spending
- Higher promotional activity expected
- Ongoing competitive pressure in China
- Unfavorable operating leverage impacting margins
Revenue & Expenses
Visualization of income flow from segment revenue to net income