Helen Of Troy Limited · NASDAQ:HELE
Helen Of Troy — Q2 2026 Earnings Presentation
43 slides from Helen Of Troy's earnings presentation, Oct 9, 2025
Slide 1: Q2 Fiscal 2026 Earnings Results
Q2 Fiscal 2026 Earnings Results
Slide 2: Forward-Looking Statements and Reconciliation of Non-GAAP Financial Measures
Forward-Looking Statements and Reconciliation of Non-GAAP Financial Measures Forward-Looking Statements: Certain written and oral statements made by the Company and subsidiaries of the Company may constitute “forward-looking measures taken by China, Mexico or Vietnam, the risks of potential changes
Slide 3: Who is Helen of Troy
Who is Helen of Troy Business Segments We are a leading global consumer products company offering creative products and solutions for our customers through a diversified portfolio of well-recognized and widely trusted brands. We have built leading market positions through new product innovation, pro
Slide 4: Leadership Features Balance of Fresh Perspective and Extensive Company & Industry Expertise
Leadership Features Balance of Fresh Perspective and Extensive Company & Industry Expertise G. Scott Uzzell Chief Executive Officer • Appointed Chief Executive Officer, September 1, 2025 • Corporate Vice President & General Manager of Nike Inc.’s North America operating unit, July 2023 to December 2
Slide 5: Key Messages
Key Messages New CEO brings fresh eyes, optimism, urgency, and purpose, with the following initial areas of focus: o Re-energize Helen of Troy, its brands, and its people; o Position our corporate structure to place the consumer at the center of everything we do; o Strengthen the broader portfolio f
Slide 6: Q2 Fiscal 2026 Results
Q2 Fiscal 2026 Results Quarter Highlights vs. Prior Year Period Key Financial Metrics • Consolidated net sales declined -8.9% o Organic net sales decreased by -16.0% with ~30% decline driven by tariff- Net Sales Revenue ($M) Gross Margin related trade disruptions • Gross margin decreased -140 basis
Slide 7: Q2 Consolidated Revenue Decline Driven by Tariff-Related Revenue Disruption and Softness at Retail
Q2 Consolidated Revenue Decline Driven by Tariff-Related Revenue Disruption and Softness at Retail Tariff-Related: Consolidated • Decrease is attributed to the suspension or cancellation of direct import orders (-$42.4M) from China by major Mass and Club retailers, prompted by increased tariffs 474.
Slide 8: Q2 Adjusted EPS Impacted by Revenue Shortfall and Trade Policy, Mitigated by Cost Discipline and Olive & June
Q2 Adjusted EPS Impacted by Revenue Shortfall and Trade Policy, Mitigated by Cost Discipline and Olive & June Tariff-Related: • Business Volume decline is driven by overall point-of-sale softness: Gross Profit ($1.49) o partially attributed to changing consumer behaviors 1.21 o especially the priori
Slide 9: FY26 Tariff-Related Impacts and Mitigation Action Plan
FY26 Tariff-Related Impacts and Mitigation Action Plan Net Sales Change & Expected Tariff Impact(2) Mitigation Action Plan Tariff-Related Impact • Employing the mitigation actions and cost • Each of the mitigation actions identified reduction measures outlined on slide ten(3), on slide ten are lever
Slide 10: Helen of Troy Tariff Playbook – Mitigation Actions
Helen of Troy Tariff Playbook – Mitigation Actions o Purchased targeted additional inventory in late fiscal ’25 and early fiscal ‘26, ahead of tariffs, that is helping us now Inventory o Initially paused certain purchases from China in the short term; maintained purchases supporting key launches alr
Slide 11: UPDATED Supplier Diversification Plan: Estimated Reduction in Ongoing Exposure to China Tariffs on U.S. Imports
UPDATED Supplier Diversification Plan: Estimated Reduction in Ongoing Exposure to China Tariffs on U.S. Imports Approx. 25% to 30% of Consolidated Cost of Goods Sold (COGS) by the End of Fiscal 2026 a a International 23% a International 26% International 26% Dual Sourcing Strategy We have been commi
Slide 12: Tariff Impacts Less Mitigation and Cost Reduction Equals Remaining Impact
Tariff Impacts Less Mitigation and Cost Reduction Equals Remaining Impact FY 2026 FY 2027 Gross unmitigated tariff impact $55 - $65 Million $100 - $110 Million Less: • Supplier & Cost Negotiations Tariff mitigation actions • Portfolio management (Product Optimization) • Directing new product develop
Slide 13: Full Year Fiscal 2026 Outlook
Full Year Fiscal 2026 Outlook High Level Assumptions • Continued headwinds and disruption from the evolving global Expected Consolidated Consolidated tariff policies and the related business and macroeconomic uncertainty • Partially offset by: Net sales $1.739 to $1.780 billion • our measures to red
Slide 14: FY 2026: A Tale of Two Halves
FY 2026: A Tale of Two Halves First Half Second Half Headwinds Tailwinds × Tariff-related trade disruption of over $50 million on net sales ✓ Price increases averaging 7% to 10% (largely effective end of Sept.) × Pause or cancellation of direct import orders from China by retailers in response to in
Slide 15: Why Invest in Helen of Troy
Why Invest in Helen of Troy ✓ New CEO brings fresh perspective and extensive brand building expertise ✓ Outstanding talent and re-energized culture ✓ An innovative assortment of value oriented & premium products showcasing clever product solutions tailored to serve all consumers ✓ Exceptionable go-t
Slide 16: Home & Outdoor Innovation
Home & Outdoor Innovation 16 10/8/2025
Slide 17: Osprey x Carryology Archeon Fūjin capsule series
New! New! Osprey x Carryology Archeon Fūjin capsule series 1st place in the 2024 Carry Awards for Best Carry-On Backpack 1. Bluesign® APPROVED, 100% recycled 420D Robic nylon with ripstop, PFAS-free NanoTough DWR 2. The new Archeon 30 is an EDC champ that is rugged enough for hiking, camping and oth
Slide 18: Osprey Transporter highly durable, water-resistant travel series
New! Osprey Transporter highly durable, water-resistant travel series NanotoughTM fabrics, featuring 100% recycled, bluesign® APPROVED* high-tenacity ripstop nylon with a carbonate coating 18
Slide 19: Osprey Daylite Plus Carry-On Travel Pack
New! Osprey Daylite Plus Carry-On Travel Pack Offers a spacious main compartment, padded sleeve for hydration or tech, premium hardware and water-repellent carbonate-coated main body fabric 19 19
Slide 20: OXO Good Grips Non-Stick Pro Ceramic Coated Metal Bakeware
New! OXO Good Grips Non-Stick Pro Ceramic Coated Metal Bakeware Wide range of products—sheet, cake, muffin, loaf, pizza pans and more 20 20
Slide 21: OXO Compact Conical Burr Coffee Grinder
New! OXO Compact Conical Burr Coffee Grinder Slim, powerful electric grinder with precise settings from fine to coarse 21 21
Slide 22: OXO Good Grips Twist & Stack Container
New! OXO Good Grips Twist & Stack Container Durable, leakproof, stain-resistant, BPA free, dishwasher safe, microwave safe, freezer safe 22
Slide 23: Hydro Flask New Campus Collection
New! Hydro Flask New Campus Collection 23 23
Slide 24: Hydro Two Engraving Windows
New! Hydro Two Engraving Windows Insert hidden preheader text here. 24 24
Slide 25: Innovation for More Product-Driven Growth Micro Hydro 6.7oz Mini Bottle
New! Innovation for More Product-Driven Growth Micro Hydro 6.7oz Mini Bottle B&W New Product Launches Designed for Endless Utility Fragrance-Free Stronghold Gel Curl Reset Detox Shampoo 25 25
Slide 26: Hydro Flask Back to School
Hydro Flask Back to School Your back to choose thee favorite colors school checklist pena engraving, too! starts here sees Everything they need for class, Build Your Ki lunch and beyond. Roll call Make it personal with engraving. Select bottles, R food gear and lunch essentials Lunch time to snack A
Slide 27: Beauty & Wellness Innovation
Beauty & Wellness Innovation 27 10/8/2025
Slide 28: The 2025 Allure Best of Beauty Awards
New! The 2025 Allure Best of Beauty Awards BEST CURL ENHANCER BEST CURL ENHANCER BEST BREAKTHROUGHS BEST HEAT PROTECTOR BEST BRUSH DRYER BEST STATIC CURLING IRON Curlsmith Curl Defining Styling Curlsmith Curl Defining Styling Olive & June The Gel Mani Drybar Hot Toddy Heat Revlon One-Step Volumizer
Slide 29: Blowout Defense Strengthen & Repair Set
New! Blowout Defense Strengthen & Repair Set Shampoo, Conditioner, Blowout Accelerator Spray, Blowout Defense Rapid Repair & Finishing Oil 29
Slide 30: Curlsmith – "It's a Curl's World"
New! Curlsmith – “It's a Curl's World” 30
Slide 31: Curlsmith – Awestruck Definition Cream
New! Curlsmith – Awestruck Definition Cream 31
Slide 32: Curlsmith – Moisture Memory Release
New! Curlsmith – Moisture Memory Release 32
Slide 33: PUR 8 Cup Slim Pitcher
PUR 8 Cup Slim Pitcher SMALLER IN SIZE, BIGGER IN CAPACITY LEADING PUR BRAND 8 CUP 6 CUP SLIM PITCHER PITCHER DISHWASHER SAFE re ' MORE WATER LESS SPACE THAN ouR 7CUP PITCHER FITS IN SMALL SPACES Save up to J $75 per month vs. bottled water. ie aw New! or
Slide 34: Braun ExactFit 1 Upper Arm Blood Pressure Monitor
New! Braun ExactFit 1 Upper Arm Blood Pressure Monitor Upper Arm Blood Pressure Monitor with professional, clinically proven accuracy 34
Slide 35: Braun ExactFit 3 Upper Arm Blood Pressure Monitor
New! Braun ExactFit 3 Upper Arm Blood Pressure Monitor Upper Arm Blood Pressure Monitor with professional, clinically proven accuracy 35
Slide 36: Elevating Lives, Soaring Together
Elevating Lives, Soaring Together 36
Slide 37: Glossary of Terms
Glossary of Terms Adjusted Diluted Earnings per Share (Adjusted Diluted EPS or Adjusted EPS) – CEO Succession Costs – Represents costs incurred in connection with the departure of Non-GAAP Adjusted Income divided by diluted shares outstanding the Company’s former CEO primarily related to severance a
Slide 38: Reconciliation of Non-GAAP Financial Measures – GAAP Operating (Loss) Income and Operating Margin to Adjusted Operating Income
Reconciliation of Non-GAAP Financial Measures – GAAP Operating (Loss) Income and Operating Margin to Adjusted Operating Income and Adjusted Operating Margin (Non-GAAP) (Unaudited) (in thousands) Three Months Ended August 31, 2025 Home & Outdoor Beauty & Wellness Total Operating loss, as reported (GA
Slide 39: Reconciliation of Non-GAAP Financial Measures – GAAP Net (Loss) Income to EBITDA and Adjusted EBITDA
Reconciliation of Non-GAAP Financial Measures – GAAP Net (Loss) Income to EBITDA (Earnings (Loss) Before Interest, Taxes, Depreciation and Amortization), Adjusted EBITDA and Adjusted EBITDA Margin (Non-GAAP) (Unaudited) (in thousands) Three Months Ended August 31, 2025 2024 Net (loss) income, as rep
Slide 40: Reconciliation of Non-GAAP Financial Measures – GAAP (Loss) Income and Diluted EPS to Adjusted
Reconciliation of Non-GAAP Financial Measures – GAAP (Loss) Income and Diluted (Loss) Earnings Per Share to Adjusted Income and Adjusted Diluted Earnings Per Share (Non-GAAP) (Unaudited) (in thousands, except per share data) Three Months Ended August 31, 2025 (Loss) Income Diluted (Loss) Earnings Pe
Slide 41: Reconciliation of Non-GAAP Financial Measures – Net Cash from Operating Activities to Free Cash Flow
Reconciliation of Non-GAAP Financial Measures – GAAP Net Cash Provided by Operating Activities to Free Cash Flow (Non-GAAP) (Unaudited) (in thousands) Six Months Ended August 31, 2025 2024 Net cash provided by operating activities (GAAP) $ 47,868 $ 69,916 Less: Capital and intangible asset expenditu
Slide 42: Third Quarter and Annual Fiscal 2026 Outlook for Net Sales Revenue
Third Quarter and Annual Fiscal 2026 Outlook for Net Sales Revenue (Unaudited) (in thousands) Third Quarter Consolidated: Fiscal 2025 Third Quarter Fiscal 2026 Outlook Net sales revenue $ 530,706 $ 491,000 — $ 512,000 Net sales revenue decline (7.5)% — (3.5)% Consolidated: Fiscal 2025 Annual Fiscal
Slide 43: Reconciliation of Non-GAAP Financial Measures – Third Quarter and Annual Fiscal 2026 Outlook
Reconciliation of Non-GAAP Financial Measures – Third Quarter and Annual Fiscal 2026 Outlook for GAAP Diluted Earnings (Loss) Per Share to Adjusted Diluted Earnings Per Share (Non-GAAP) and GAAP Effective Tax Rate to Adjusted Effective Tax Rate (Non-GAAP) (Unaudited) Tax Rate Third Quarter Third Qua