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Helen Of Troy Says Sales Revenue Growth Strong In 2Q Of FY 2016

October 8, 2015: 12:00 AM EST
Helen of Troy Limited posted consolidated sales revenue of $359.1 million for the second quarter of fiscal year 2016, an increase of 15.4 percent from the same period of the previous year, the company announced during its latest earnings conference call. Despite a negative foreign currency impact of $5.7 million, or 4.5 percent, the Healthcare and Home environment business grew 13.5 percent, while the Houseware unit posted a 13.2 percent growth. Also, the company said consolidated gross profit reached 40.1 percent of net sales, slightly lower than the 41.8 percent of net sales recorded in the same quarter of the previous year. Operating income was $32.4 million, compared with $24.6 million in the previous year.
"Helen of Troy's (HELE) CEO Julien Mininberg on Q2 2016 Results - Earnings Call Transcript", Seeking Alpha, October 08, 2015, © Seeking Alpha
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