Helen of Troy Stock Sinks as Firm Posts Slowing Sales, Rues Tariff Impacts
1. Helen of Troy missed Q1 profit and sales estimates by large margins. 2. Sales fell 11% year-over-year, driven by Beauty & Wellness product declines. 3. Company forecasts Q2 revenue decline but did not provide full-year guidance. 4. Tariffs and market uncertainty heavily impacted financial results and outlook. 5. HELE shares dropped 25%, reaching the lowest level in over a decade.