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Helen Of Troy Reports Slight Revenue Growth In 3Q Of FY2016

January 7, 2016: 12:00 AM EST
Helen of Troy Limited reported net sales revenue rose 2.3 percent to $9.8 million in the third quarter of 2016, compared with the same quarter in the previous year. Revenue from the company’s Health & Home business rose 5.3 percent, driven by new product launches and its acquisition of VapoSteam. Earnings from the company’s Housewares division grew 2.1 percent, driven by product launches and higher online sales. Sales of beauty products dropped 0.3 percent, with negative impact of foreign currency fluctuations placed at 2.6 percent.
"Helen of Troy Limited Reports Third Quarter Fiscal Year 2016 Results", Helen of Troy, January 07, 2016, © Helen of Troy Limited
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