Helen of Troy Files 10-Q for Q3 FY2025
Ticker: HELE · Form: 10-Q · Filed: Jan 8, 2025 · CIK: 916789
Sentiment: neutral
Topics: 10-Q, financials, reporting
Related Tickers: HELE
TL;DR
HELE 10-Q filed. Latest financials out for Q3 FY25.
AI Summary
Helen of Troy Ltd. filed its 10-Q for the period ending November 30, 2024. The company reported financial results for the third quarter and the first nine months of fiscal year 2025. Key financial data and operational updates are detailed within the filing.
Why It Matters
This filing provides investors with the latest financial performance and operational details for Helen of Troy, crucial for understanding the company's current health and future prospects.
Risk Assessment
Risk Level: medium — The filing contains standard financial disclosures for a public company, but the specific financial performance and any forward-looking statements could indicate varying levels of risk.
Key Numbers
- 2024-11-30 — Period End Date (Latest financial reporting period)
- 2025-01-08 — Filing Date (Date the report was submitted to the SEC)
Key Players & Entities
- HELEN OF TROY LTD (company) — Filer
- 20241130 (date) — Period of Report
- 20250108 (date) — Filing Date
- 0000916789-25-000004 (filing_id) — Accession Number
FAQ
What is the reporting period for this 10-Q filing?
The Conformed Period of Report is 20241130, meaning the filing covers the period ending November 30, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on 20250108.
What is the company's Central Index Key (CIK)?
The company's Central Index Key is 0000916789.
What is Helen of Troy Ltd.'s fiscal year end?
Helen of Troy Ltd.'s fiscal year ends on 0228.
What is the SEC file number for Helen of Troy Ltd.?
The SEC file number for Helen of Troy Ltd. is 001-14669.
Filing Stats: 4,666 words · 19 min read · ~16 pages · Grade level 15.5 · Accepted 2025-01-08 07:00:53
Key Financial Figures
- $0.10 — nge on which registered Common Shares, $0.10 par value per share HELE The NASDAQ Sto
Filing Documents
- hele-20241130.htm (10-Q) — 1782KB
- fy25_q3xexhibit311.htm (EX-31.1) — 9KB
- fy25_q3xexhibit312.htm (EX-31.2) — 9KB
- fy25_q3xexhibit32.htm (EX-32) — 6KB
- hele-20241130_g1.jpg (GRAPHIC) — 49KB
- 0000916789-25-000004.txt ( ) — 8367KB
- hele-20241130.xsd (EX-101.SCH) — 40KB
- hele-20241130_cal.xml (EX-101.CAL) — 65KB
- hele-20241130_def.xml (EX-101.DEF) — 281KB
- hele-20241130_lab.xml (EX-101.LAB) — 628KB
- hele-20241130_pre.xml (EX-101.PRE) — 446KB
- hele-20241130_htm.xml (XML) — 1365KB
Financial Statements
Financial Statements 2 Note 1 - Basis of Presentation and Related Information 8 Note 2 - New Accounting Pronouncements 9 Note 3 - Accrued Expenses and Other Current Liabilities 10 Note 4 - Share-Based Compensation Plans 10 Note 5 - Repurchases of Common Stock 11 Note 6 - Restructuring Plan 11 Note 7 - Commitments and Contingencies 13 Note 8 - Long-Term Debt 15 Note 9 - Fair Value 16 Note 10 - Financial Instruments and Risk Management 17 Note 11 - Accumulated Other Comprehensive Income (Loss ) 20 Note 12 - Segment and Geographic Information 20 Note 13 - Income Taxes 21 Note 14 - Earnings Per Share 22 Note 1 5 - Subsequent Event 23 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 24 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 51 Item 4.
Controls and Procedures
Controls and Procedures 51 PART II. OTHER INFORMATION Item 1.
Legal Proceedings
Legal Proceedings 51 Item 1A.
Risk Factors
Risk Factors 51 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 52 Item 5. Other Information 52 Item 6. Exhibits 53
SIGNATURES
SIGNATURES 54 1 Table of Contents
FINANCIAL INFORMATION
PART I. FINANCIAL INFORMATION
FINANCIAL STATEMENTS
ITEM 1. FINANCIAL STATEMENTS HELEN OF TROY LIMITED AND SUBSIDIARIES Condensed Consolidated Balance Sheets (Unaudited) (in thousands, except shares and par value) November 30, 2024 February 29, 2024 Assets Assets, current: Cash and cash equivalents $ 40,804 $ 18,501 Receivables, less allowances of $ 6,707 and $ 7,481 456,170 394,536 Inventory 450,740 395,995 Prepaid expenses and other current assets 36,215 27,012 Income taxes receivable 12,379 7,874 Total assets, current 996,308 843,918 Property and equipment, net of accumulated depreciation of $ 192,865 and $ 169,021 329,849 336,646 Goodwill 1,066,730 1,066,730 Other intangible assets, net of accumulated amortization of $ 200,488 and $ 186,882 524,105 536,696 Operating lease assets 36,031 35,962 Deferred tax assets, net 3,259 3,662 Other assets 16,849 15,008 Total assets $ 2,973,131 $ 2,838,622 Liabilities and Stockholders' Equity Liabilities, current: Accounts payable $ 315,353 $ 245,349 Accrued expenses and other current liabilities 182,759 181,391 Income taxes payable 11,066 17,821 Long-term debt, current maturities 8,594 6,250 Total liabilities, current 517,772 450,811 Long-term debt, excluding current maturities 725,297 659,421 Lease liabilities, non-current 40,867 37,262 Deferred tax liabilities, net 49,535 41,253 Other liabilities, non-current 11,484 12,433 Total liabilities 1,344,955 1,201,180 Commitments and contingencies Stockholders' equity: Cumulative preferred stock, non-voting, $ 1.00 par. Authorized 2,000,000 shares; none issued — — Common stock, $ 0.10 par. Authorized 50,000,000 shares; 22,853,038 and 23,751,258 shares issued and outstanding 2,285 2,375 Additional paid in capital 361,796 348,739 Accumulated other comprehensive income 3,243 2,099 Retained earnings 1,260,852 1,284,229 Total stockholders' equity 1,628,176 1,637,442 Total liabilities and stockholders' equity $ 2,973,131 $ 2,838,622 See accompanying notes to condensed consolidated f