Helen of Troy Limited reported its first quarter fiscal 2026 results for the period ended May 31, 2025, on July 10, 2025. The company announced consolidated net sales revenue of $371.7 million, representing a significant 10.8% decline compared to the prior year. Tariff-related impacts alone accounted for approximately 8 percentage points of this consolidated revenue decline.
The company reported a GAAP diluted loss per share of $19.65, a stark contrast to net income in the prior year. This substantial loss was primarily driven by $414.4 million in pre-tax asset impairment charges, affecting goodwill and other intangible assets across both segments. Adjusted diluted earnings per share for the quarter stood at $0.41, reflecting the challenging operating environment.
For the second quarter of fiscal 2026, Helen of Troy provided a cautious outlook, projecting consolidated net sales between $408 million and $432 million, implying a decline of 14.0% to 8.9% year-over-year. Adjusted diluted EPS is anticipated to be in the range of $0.45 to $0.60, representing a significant decline compared to the prior year. The company continues to assess the impact of evolving global tariff policies and is not providing a full-year fiscal 2026 outlook at this time.
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