Helen of Troy 2026 Q2 Earnings Significant Net Loss Signals Struggles

Helen of Troy(HELE) reported its fiscal 2026 Q2 earnings on Oct 09th, 2025. The results missed expectations, with the company swinging to a substantial loss and revenue declining sharply. Management outlined a strategic roadmap for recovery, while guidance for the full year reflects continued challenges in the retail environment.

The company’s total revenue for 2026 Q2 declined by 8.9% to $431.78 million, reflecting softer performance compared to $474.22 million in 2025 Q2. Revenue was split between its key segments, with the Home & Outdoor division contributing $208.72 million and the Beauty & Wellness segment generating $223.06 million. Together, these segments accounted for the full $431.78 million in net sales revenue.

Helen of Troy swung to a net loss of $308.64 million in 2026 Q2, representing a 1914.1% deterioration from a net income of $17.01 million in the prior-year period. On a per-share basis, the loss was reported at $13.44, compared to earnings of $0.75 per share in 2025 Q2. This significant decline signals a major earnings shortfall.

The stock price of Helen of Troy has faced sharp declines across recent timeframes, tumbling 9.21% on the latest trading day, 18.66% over the most recent full trading week, and 13.53% month-to-date.

Following the disappointing earnings report, CEO George Uzzell emphasized the need for a “great comeback story” at Helen of Troy, acknowledging the company's recent underperformance but expressing confidence in its ability to restore growth through innovation and cultural renewal. Uzzell outlined four strategic priorities: reenergizing the company’s brands and people, strengthening the product portfolio for predictable growth, improving asset efficiency, and maintaining shareholder-friendly policies. He stressed the importance of placing the consumer at the center of operations, reducing organizational complexity, and empowering nimble teams to accelerate decision-making. Uzzell remained optimistic, asserting that the company has the foundation to return to industry-leading margins and strong cash flow.

Tracy Schuerman, Assistant CFO, provided updated fiscal 2026 guidance, forecasting full-year net sales between $1.74 billion and $1.78 billion, which reflects a year-over-year decline of 8.8% to 6.7%. Consolidated adjusted EPS is expected to range between $3.75 and $4.25, representing a 47.7% to 40.7% decrease from the prior year. For the third quarter, net sales are projected between $491 million and $512 million, with adjusted diluted EPS in the range of $1.55 to $1.80. The outlook accounts for ongoing tariff impacts, cautious consumer demand, and margin compression due to promotional pressures and cost challenges. The company expects free cash flow to improve sequentially in the second half, with inventory levels anticipated to decline to $480 million to $500 million by year-end.

On October 7, 2025, Zacks Equity Research highlighted Helen of Troy's upcoming Q2 earnings and outlined key factors investors should consider ahead of the release. The report noted that the company's performance would be closely watched in the context of broader market trends and its ability to execute on its turnaround strategy.