Helen Of Troy Limited · NASDAQ:HELE
Helen Of Troy — Merger or Acquisition (November 2024)
18 slides from Helen Of Troy's merger presentation, Nov 25, 2024
Slide 1: Olive & June Acquisition Investor Overview – November 2024
1 11/25/2024 Olive & June Acquisition Investor Overview – November 2024
Slide 2: Forward-Looking Statements and Non-GAAP Financial Measures
Forward-Looking Statements and Non-GAAP Financial Measures Forward-Looking Statements: Certain written and oral statements made by Helen of Troy and subsidiaries of Helen of Troy may constitute “forward-looking changes to its business practices, penalties, increased cost of operations, or otherwise
Slide 3: Olive & June: Transaction Highlights
Olive & June: Transaction Highlights Overview Financial Highlights Funding • Adds a fast-growing, disruptive omni-channel nail • The total purchase consideration is expected to be • Financed with existing revolving credit facility care brand in a growing category $225 million in cash at closing, sub
Slide 4: Continued Better Together M&A
Continued Better Together M&A • Broadens Helen of Troy’s customer reach within Beauty beyond hair care into the $2.3B at-home nail category* that saw and maintained step-change growth during COVID • Adds a distinct, modern, consumer-obsessed Insurgent Brand with clear growth potential, driven by a p
Slide 5: A Strong, Disruptive Brand with Momentum
Olive & June: A Strong, Disruptive Brand with Momentum Olive & June recognized on Bain’s 2024 Olive & June recognized on Fast Company's Insurgent Brands List 2024 Most Innovative Companies List • Definition of insurgent brands: o Generate more than $25M of annual revenue in tracked channels o Have g
Slide 6: Over a Decade in the Making
Olive & June: Over a Decade in the Making + Much More to Come $92M+ 2013: “SGT” launched Launched in 1,300+ Olive & June nail salons Target stores around the in Los Angeles which nation with exclusive became a hotspot endcap polish and tools destination for celebrities 2019: Evolved to a products co
Slide 7: Trailblazing the Next Generation in Nail Care
Olive & June: Trailblazing the Next Generation in Nail Care $92M +144% #1 #1 53/49 2024E Net Sales CAGR Fastest Growing Nail Press-On $PSPW at Artificial Nail / Net Sales (2019A – 2023A) Brand in Target, Target, Walmart & Nail Polish NPS (vs. peer set average of 39 Walmart & Walgreens(2) Walgreens(3
Slide 8: Nail Care: An Expansive Growth Category
Nail Care: An Expansive Growth Category Digitally Transforming Highly Resilient & Robust Exciting Growth Driver Digitally savvy customers are driving Nail Care has been a fast-growing Nail Care is a resilient sector that has beauty category over the past five years. new interest to the category and
Slide 9: Disrupting the Nail Care Category
Olive & June: Disrupting the Nail Care Category Lack of Innovation Consumer-Led Innovation Consumers are hungry for new ideas Single Category Focus Most legacy brands specialize in serving one nail Multi-Category Expert category (polish OR artificial) The Rise of Artificial Nails Fastest Growing Art
Slide 10: Thoughtfully Solving Consumer Nail Care Pain Points
Olive & June: Thoughtfully Solving Consumer Nail Care Pain Points The Problem with At-Home Nails The Solution: Olive & June 67% find painting with their The Poppy Olive & June’s patented universal polish bottle PA I N T non-dominant hand the handle hardest part 80% don’t know what The System The Oli
Slide 11: A Solution-Oriented, Cross-Category Product Portfolio
Olive & June: A Solution-Oriented, Cross-Category Product Portfolio Press-Ons Glue Press-Ons Tab Press-Ons $10 $8 Nail Polish Long Lasting Quick Dry Gel $9 $7.50 $10 Systems The Mani System The Pedi System Glue Press-On System Tab Press-On System The Gel Mani System $55 $75 $54 $55 $84 Care & Essent
Slide 12: The Ultimate Winner in Long-Lasting Press on Nails
Olive & June: The Ultimate Winner in Long-Lasting Press on Nails Business Insider Review Best overall: Olive & June “When it comes to the best press on nails, Olive & June takes the prize for longevity and size inclusivity. They offer a whopping 41 nails in 21 sizes, the largest range on the market
Slide 13: Awards, Awards, Awards…
Olive & June: Awards, Awards, Awards… 2019 2020 2021 2022 2023 2024 Allure Best of Beauty Award Allure Best of Beauty Award Allure Best of Beauty Award Allure Best of Beauty Award Allure Best of Beauty Award Allure Best of Beauty Award for for Cuticle Serum for Nail Polish Remover Pot for Nail Polis
Slide 14: Distribution Opportunities
Olive & June: Distribution Opportunities Olive & June will do approximately $92 million in sales in 2024 through their DTC channel and three retailers - Target, In-Line Placements Walmart and Walgreens. There are significant whitespace distribution opportunities for this insurgent brand. Seasonal Di
Slide 15: Growth Drivers
Olive & June: Growth Drivers Growth Drivers US ing D il d ts Ex ist Brand Building Investments u en pa r m es B ib ion n Inv d t ut s US Distribution Expansion n ion Bra o Driving growth through new placements and expanding presence at existing retailers o Expand into new US retailers o Grow eCommer
Slide 16: 11/25/2024
16 11/25/2024
Slide 17: Appendix
Appendix
Slide 18: Glossary
Glossary Adjusted Diluted Earnings per Share (Adjusted Diluted EPS or Adjusted EPS) – Free Cash Flow Conversion – Net cash provided by operating activities less capital Net income as reported under GAAP excluding the following items net of their and intangible asset expenditures divided by EBITDA ap
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