Shares of Helen of Troy (NASDAQ: HELE) were plunging in Tuesday trading, down 27.4% as of 12:53 p.m. ET. The consumer products company, which produces brands such as OXO kitchen supplies and Braun ...

Helen of Troy (NASDAQ:HELE – Get Free Report) was downgraded by stock analysts at StockNews.com from a “buy” rating to a “hold” rating in a note issued to investors on Friday.

Helen of Troy Limited (NASDAQ:HELE) Q2 2024 Earnings Call Transcript October 4, ... While the kitchen utensils category continue to decline compared to the pandemic peak, ...

“Osprey posted nice growth, benefiting from expanded distribution, category stabilization and robust DTC performance,” said ...

Helen of Troy, which owns brands such as water bottle maker Hydro Flask, kitchen supplies manufacturer OXO and electric shaver maker Braun, reported adjusted earnings in the fiscal first quarter ...

Helen of Troy, which owns OXO and Osprey among other consumer goods and beauty brands, is laying off 10% of its staff, in the face of sluggish demand and economic uncertainty.

The consumer is pulling back, as are retailers. In the first quarter, Helen of Troy reported revenue was down 12.2% to $416.8 million, with adjusted diluted earnings per share (EPS) down 49% to $0.99.