Helen of Troy Reports Strong Sales, But Warns of Tariff Effects

By Anonymous

Despite worries over tariffs, maker of Braun grooming products raises its sales outlook

Helen of Troy Ltd. reported its profit in the latest period increased by almost five times from a year earlier as the maker of home goods and beauty products reported strong sales of its higher-margins brands.

But executives warned on a conference call with analysts Tuesday the company’s adjusted earnings could fall in the current quarter as Helen spends more money on marketing and expects to pay more for goods produced in China because of tariffs.