Helen of Troy's Q2 Success: Earnings Beat and Strategic Restructuring

Helen of Troy (HELE, Financial) saw a significant turnaround in Q2, with shares rising 19%. The company reversed its Q1 earnings miss, achieving revenue growth thanks to its "Reset and Revitalize" restructuring plan. Helen of Troy, known for brands like Oxo and Vicks, is also progressing with "Project Pegasus," aiming for $26-30 million in savings this year and$75-80 million by FY27. The company has paused divestment discussions due to undervalued offers. HELE operates in two segments: Home & Outdoor and B ...