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Helen of Troy, the company behind OXO and Hydro Flask, saw its stock reach a 52-week high after good earnings news.

ResultsRead the original at Benzinga
Good for HELE

Helen of Troy raised its profit and cash-flow forecasts, widened profit margins, and reduced debt. Sales narrowly missed analysts’ estimate, and Beauty & Wellness sales fell, but the broader profit gains support a positive reading.

HELE · Helen of Troy Limited

AI read · Good for HELE

The AI's read

The higher profit and cash-flow forecasts give Helen of Troy more room to manage debt and support its brands. Wider profit margins and lower debt reinforce the improvement. The sales miss, falling Beauty & Wellness sales, inflation, and weak shopper demand are concerns. Growth in Home & Outdoor and the stronger profit picture leave the story positive.

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