#helenoftroy #market #stockmarket #yahoofinance
Shares of Helen of Troy Limited (HELE) are plummeting by 30% on Tuesday following the company’s disappointing first-quarter earnings results. The consumer products company — which includes brands like HydroFlask and Vicks in its portfolio — fell short of analyst expectations on both revenue and earnings, triggering a sell-off among investors. Compounding the negative sentiment, Helen of Troy has also reduced its full-year outlook, citing headwinds faced during the fiscal first quarter are anticipated to persist into the second quarter. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
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