Net income was $17.01 million or $0.74 per share for the second quarter, lower than $27.38 million or $1.14 per share in the same quarter a year ago. Excluding one-time items, earnings were $14.2 million or $1.21 per share, that beat the analysts' average estimate of $1.05 per share. Analysts' estimates typically exclude special items.

HAMILTON, Bermuda — HAMILTON, Bermuda — Helen of Troy Ltd. (HELE) on Wednesday reported fiscal second-quarter earnings of $17 million. On a per-share basis, the Hamilton, Bermuda-based company said it had net income of 74 cents. Earnings, adjusted for stock option expense and amortization costs, were $1.21 per share.

Despite the recent uptick, Helen of Troy’s stock performance year-to-date shows a 38.37% decline, starkly contrasting with the S&P 500, which has risen by 21.03%. This discrepancy underscores the difficulties the company has faced in a challenging market environment while highlighting the broader resilience of the market.

Greetings, and welcome to the Helen of Troy Second Quarter Fiscal 2025 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

Shares of Helen of Troy climbed after the company recorded smaller drops in fiscal second-quarter earnings and revenue than analysts had expected. The stock was up 12% at $70 in premarket trading. Shares had fallen 48% year-to-date when the market closed Tuesday.

For the quarter ended August 2024, Helen of Troy (HELE) reported revenue of $474.22 million, down 3.5% over the same period last year. EPS came in at $1.21, compared to $1.74 in the year-ago quarter.