Tag Archives: Helen of Troy

Helen of Troy Q2 Net Drops 19.2 Percent

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EL PASO, Texas-Flat sales and a spike in expenses cut away 19.2 percent of Helen of Troy’s second-quarter net income, which totaled $18.8 million. Net sales in the quarter, which ended on Aug. 31, were $319.9 million, up a mere 0.1 percent. In a conference call to industry analysts yesterday, Helen of Troy’s chief financialMore »

Last updated: October 10, 2014

Kaz to Debut Campaign for Pur Water Filtration

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SOUTHBOROUGH, Mass.-The Kaz division of Helen of Troy is rolling out a new creative marketing campaign for its Pur brand of water filtration products, the first new campaign for the brand since 2008. A Kaz statement said the new initiative intends to elevate water filtration in a fun and lighthearted way. It features an eccentricMore »

Last updated: August 18, 2014

Helen of Troy Q1 Net Up 13.9 Percent

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EL PASO, Texas-In what its CEO, Julien Mininberg, described as “a solid start” to its new fiscal year, Helen of Troy reported a 13.9 percent gain in first-quarter net income, which totaled 13.9 percent. Net sales in the quarter, which ended on May 31, were up 2.4 percent to a record $311.8 million. Mininberg saidMore »

Last updated: July 10, 2014

Helen of Troy Closes on Healthy Directions Acquisition

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EL PASO, Texas-Helen of Troy has completed its acquisition of Healthy Directions, the manufacturer of vitamins, minerals, supplements and other health products. The purchase price was about $195 million in cash, subject to certain customary closing adjustments. Julien Mininberg, Helen of Troy’s CEO, described the deal as “a great strategic fit” for the company. “TheMore »

Last updated: July 1, 2014

Cookware Co. Aligns with Oxo for Cookware Lines

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TARRYTOWN, N.Y.-The Cookware Co. has reached an agreement with Helen of Troy’s Oxo brand for collections of cookware under the Oxo Good Grips brand. This August, The Cookware Co. will debut three collection of cookware under the Oxo Good Grips name. These collections will follow Oxo’s design philosophy of universal design (meaning that its productsMore »

Last updated: June 20, 2014

Helen of Troy Deals for Healthy Directions

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EL PASO, Texas-In an effort to bolster its health and wellness segment, Helen of Troy has agreed to purchase Healthy Directions, a manufacturer of premium doctor-branded vitamins, minerals and supplements (VMS). The price will be about $195 million in cash, subject to certain customer closing adjustments. The transaction is expected to close in Helen ofMore »

Last updated: June 11, 2014

Helen of Troy Restructures Corporate Departments

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EL PASO, Texas-Helen of Troy has reorganized its corporate departments and functions into three global shared-service groups, each headed by a member of its executive team. The three groups are Global Finance, Global Operations and Global Legal, Human Resources and Investor Relations. The changes will become effective on May 1. Heading Global Finance will beMore »

Last updated: April 29, 2014

Helen of Troy Net Falls for Q4, FY

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EL PASO, Texas-Helen of Troy ended its 2014 fiscal year with significant drops in net income for both the year and the fourth quarter. Net income in the quarter plummeted 59.7 percent to $11 million. For the year ending on Feb. 28, net income totaled $86.2 million, down 24.8 percent from the prior year. LaggingMore »

Last updated: April 29, 2014