Helen of Troy Shares Rise After Company Raises Fiscal 2027 Sales Guidance

Helen of Troy (HELE) shares rose more than 8% in Wednesday premarket trading after the company raised its fiscal 2027 net sales guidance. The company now expects fiscal 2027 net sales of $1.76 billion to $1.83 billion, up from its previous guidance of $1.75 billion to $1.82 billion. Four analysts surveyed by FactSet expect $1.79 billion. Helen of Troy maintained its fiscal 2027 adjusted diluted EPS guidance of $3.25 to $3.75. Four analysts polled by FactSet expect $3.49 per share. The company reported fiscal first-quarter adjusted earnings of $0.17 per diluted share, down from $0.41 a year earlier. Four analysts polled by FactSet expected $0.02 per share. Revenue for the quarter ended May 31 rose to $402.1 million from $371.7 million a year earlier. Four analysts surveyed by FactSet expected $374.6 million.