Helen of Troy Files 8-K: Material Definitive Agreement

Ticker: HELE · Form: 8-K · Filed: Nov 25, 2025 · CIK: 916789

Sentiment: neutral

Topics: material-agreement, 8-k

Related Tickers: HELE

TL;DR

HELE signed a big deal, details TBD.

AI Summary

Helen of Troy Limited (HELE) filed an 8-K on November 25, 2025, reporting an entry into a material definitive agreement. The filing also includes Regulation FD disclosures and financial statements/exhibits. Specific details of the agreement, including parties involved and financial terms, are not provided in this excerpt.

Why It Matters

This filing indicates a significant new contract or partnership for Helen of Troy, which could impact its future business operations and financial performance.

Risk Assessment

Risk Level: medium — The filing signals a material event, but the lack of specific details about the agreement introduces uncertainty.

Key Players & Entities

FAQ

What is the nature of the material definitive agreement entered into by Helen of Troy Limited?

The provided excerpt does not specify the nature of the material definitive agreement.

Who are the parties involved in the material definitive agreement?

The filing excerpt does not disclose the names of the other parties to the agreement.

What is the effective date of the material definitive agreement?

The filing excerpt does not explicitly state the effective date of the agreement, only the report date of November 25, 2025.

Are there any financial implications or dollar amounts associated with this agreement mentioned in the filing?

The provided excerpt does not contain any specific financial details or dollar amounts related to the agreement.

What other items are included in this 8-K filing besides the material definitive agreement?

The filing also includes Regulation FD Disclosures and Financial Statements and Exhibits.

Filing Stats: 2,117 words · 8 min read · ~7 pages · Grade level 15.4 · Accepted 2025-11-25 17:25:52

Key Financial Figures

Filing Documents

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement First Amendment to Credit Agreement On November 25, 2025, Helen of Troy Limited (the "Company") and Helen of Troy Texas Corporation, a subsidiary of the Company and the borrower ("Borrower"), entered into an amendment (the "Amendment") to the Credit Agreement dated February 15, 2024 (the "Credit Agreement") with Bank of America, N.A., as administrative agent, and the other lenders party thereto. All obligations under the Credit Agreement are unconditionally guaranteed by the Company and certain of the Company's subsidiaries. The Amendment was approved by all of the lenders party to the Credit Agreement. The Amendment provides for the following: Revolving Facility Commitment Reduction — The Amendment reduces the commitment under the revolving credit facility from $1.0 billion to $750.0 million. Applicable Rate — The Amendment adds a maximum tier level pursuant to which, if the Net Leverage Ratio is greater than or equal to 4.00 to 1.00, then borrowings under the Credit Agreement bear floating interest at either the Base Rate or Term SOFR, plus a margin of 1.375% and 2.375% for Base Rate and Term SOFR borrowings, respectively, plus a credit spread of 0.10% for Term SOFR borrowings (as those terms are defined in the Credit Agreement). Financial Covenants — The Amendment amends the Interest Coverage Ratio to replace the numerator so that it uses a Consolidated EBITDA measure instead of a Consolidated EBIT measure (as those terms are defined in the Credit Agreement). Additionally, the Amendment amends the Leverage Ratio (as defined in the Credit Agreement) financial covenant so that, as of the end of any fiscal quarter of the Company, the Leverage Ratio is not permitted to be greater than set forth below: Fiscal Quarter Ending Maximum Leverage Ratio November 30, 2025 4.50 to 1.00 February 28, 2026 through August 31, 2026 4.50 to 1.00 November 30, 2026 4.00 to 1.00 February 28, 2027 through May 31,

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On November 25, 2025, the Company issued a press release announcing the matters described in this Current Report on Form 8-K. The press release is furnished herewith as Exhibit 99.1. The information in this Current Report on Form 8-K provided under Item 7.01 and Exhibit 99.1 attached hereto are furnished to, but shall not be deemed filed with, the Securities and Exchange Commission or incorporated by reference into the Company's filings under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended. Certain written and oral statements made by the Company and subsidiaries of the Company may constitute "forward-looking statements" as defined under the Private Securities Litigation Reform Act of 1995. This includes statements made in this Form 8-K and the exhibits attached hereto, in other filings with the SEC, and in certain other oral and written presentations. Generally, the words "anticipates", "assumes", "believes", "expects", "plans", "may", "will", "might", "would", "should", "seeks", "estimates", "project", "predict", "potential", "currently", "continue", "intends", "outlook", "forecasts", "targets", "reflects", "could", and other similar words identify forward-looking statements. All statements that address operating results, events or developments that the Company expects or anticipates may occur in the future, including statements related to sales, expenses, including cost reduction measures, earnings per share results, and statements expressing general expectations about future operating results, are forward-looking statements and are based upon its current expectations and various assumptions. The Company currently believes there is a reasonable basis for these expectations and assumptions, but there can be no assurance that the Company will realize these expectations or that these assumptions will prove correct. Forward-looking statements are only as of the date they are made and

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 10.1 First Amendment to Credit Agreement dated November 25, 2025, by and among Helen of Troy Texas Corporation, Helen of Troy Limited, Bank of America, N.A., as administrative agent, and the other lenders party thereto. 99.1 Press release, dated November 25, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

Signatures

Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HELEN OF TROY LIMITED Date: November 25, 2025 /s/ Brian L. Grass Brian L. Grass Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer

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