On July 9, 2024, before market open, Helen of Troy announced 1Q25 financial results and then reduced its revenue guidance for the 2Q and full fiscal year 2025. In pertinent part, the Company told investors that the “macro environment and the health of consumers and retailers has worsened,” causing the volume of sales to decline. Analysts questioned management over their visibility into earnings and potential problems in the future.

Helen of Troy’s stock price opened at $62.00 per share compared to $89.04 per share at close on June 8, 2024.