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Helen of Troy Profit Surges and Revenue Jumps 9%

Author: Mukesh Buch
Last Update: 1:12 PM EDT July 09 2018

11:45 PM New York Helen of Troy first-quarter net surged to $38 million and revenues soared 9% to $355 million.

Tollbooth Index jumped 192.81 or 1.3% to 15,295.60 but for the year-to-date soared 11.2%.

Earnings Review

Citizens Inc (CIA), the life insurer scheduled to release its earnings results after the market closes.

Helen of Troy Limited (HELE), Bermuda-based consumer, healthcare and home products provider reported revenues in the first-quarter ending in First-quarter ending in May soared 9% from a year ago to $354.7 million.

Net income in the quarter surged to $37.8 million or $1.42 per diluted share from $5.9 million or 22 cents in the same quarter last year.

The consumer products maker forecasted fiscal 2019 revenues growth of 0.4% to 2.1% or in the range of $1.49 billion to $1.51 billion and diluted earnings per share in the range of $6.27 to $6.42 and capital expenditures in the range of $30 million to $35 million.
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc