Press release
Helen of Troy Limited Reports Fourth Quarter Fiscal 2022 Results
Consolidated Net Sales Growth of 14.3%; Core Net Sales Growth of 17.2% GAAP Diluted EPS of $1.64; Core Adjusted Diluted EPS Growth of 76.8% Full Year Core
About this update from Helen Of Troy Limited
[{"type":"text","content":"\nConsolidated Net Sales Growth of 14.3%; Core Net Sales Growth of 17.2%\nGAAP Diluted EPS of $1.64; Core Adjusted Diluted EPS Growth of 76.8%\n\nFull Year Core Net Sales Growth and Adjusted Diluted EPS Growth Above Phase II Long-Term Targets On Top of Fiscal 2021 Elevated Base\n\nInitiates Fiscal 2023 Outlook:\nConsolidated Net Sales Growth of 6.8%-8.8%; Core Net Sales Growth of 8.5%-10.5%\nConsolidated Diluted EPS of $9.92-$10.38\nCore Adjusted Diluted EPS of $12.73-$13.03; Growth of 4.5%-7.0%\n\n EL PASO, Texas--(BUSINESS WIRE)--\nHelen of Troy Limited (NASDAQ: HELE), designer, developer and worldwide marketer of consumer brand-name home, outdoor, health, wellness, and beauty products, today reported results for the three-month period ended February 28, 2022.\n\nIn the fourth quarter of fiscal 2022, the Company changed the names of two of its segments to align with the growth in certain product offerings and brands. The previously named “Housewares” segment was changed to “Home & Outdoor,” and the previously named “Health & Home” segment was changed to “Health & Wellness.” There were no changes to the products or brands included within the segments as part of these name changes.\n\nExecutive Summary – Fourth Quarter of Fiscal 2022 Compared to Fiscal 2021 and Fiscal 2020\n\n\nConsolidated net sales revenue of $582.0 million, an increase of 14.3% from fiscal 2021 and an increase of 31.6% from fiscal 2020\n\n\nCore net sales increase of 17.2% from fiscal 2021 and an increase of 37.1% from fiscal 2020\n\n\nGAAP diluted EPS of $1.64, compared to $0.90 for the same period last year and $(0.13) in fiscal 2020\n\n\nNon-GAAP Core adjusted diluted EPS of $2.51, an increase of 76.8% from fiscal 2021 and an increase of 45.1% from fiscal 2020\n\n\nNon-GAAP adjusted diluted EPS of $2.51, an increase of 59.9% from fiscal 2021 and an increase of 33.5% from fiscal 2020\n\n\nNet cash provided by operating activities of $145.9 million\n\n\nExecutive Summary - Fiscal 2022 Compared to Fiscal 2021 and Fiscal 2020\n\n\nConsolidated net sales revenue of $2.22 billion, an increase of 5.9% from fiscal 2021 and an increase of 30.2% from fiscal 2020\n\n\nCore business net sales growth of 8.4% from fiscal 2021 and an increase of 35.5% from fiscal 2020\n\n\nGAAP diluted EPS of $9.17, compared to $10.08 for the same period last year and $6.02 in fiscal 202...