EarningsQ2 2027 Earnings Report
DE:HT2 Q2 2027 EPS Results
Actual EPS€0.71
Consensus EPS€0.44
Beat/MissBeat by +€0.26
One Year Ago EPS€0.53
DE:HT2 Q2 2027 Revenue Results
Actual Revenue€393.44M
Expected Revenue€394.78M
Beat/MissMissed by -€1.35M
YoY Revenue Growth+1.68%
Earnings Announcement Details
QuarterQ2 2027
Date10/08/2026
TimeBefore Open
Conference CallThursday, October 8, 2026
DE:HT2 Upcoming Earnings
Helen Of Troy's next earnings date is estimated for January 7, 2027, based on past reporting schedules.
Q2 2027 Earnings Call Audio
DE:HT2 Q2 2027 Earnings Call
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Q2 2027 Earnings Slide Deck
Q2 2027 Earnings Call Summary
Earnings Call Sentiment|Positive
The call was constructive and execution-focused. The company reported sales in line with expectations, stronger-than-expected adjusted EPS, broad Home & Outdoor growth, improving Beauty & Wellness trends, higher margins, strong cash flow and faster debt reduction. However, Beauty remains challenged, Hydro Flask and beverageware face second-half pressure, and the company continues to manage inflation, supply chain disruption, consumer pressure and a promotional retail environment. Overall, the number and significance of the operational and financial improvements outweighed the stated challenges.Company Guidance
Second-Quarter Results Met or Exceeded Expectations
Consolidated sales increased 2.1%, in line with the company’s outlook. Adjusted diluted EPS, adjusted EBITDA and free cash flow were ahead of expectations for the base business, excluding the net benefit from tariff refunds.
Home & Outdoor Delivered Broad-Based Growth
Home & Outdoor sales increased 9.2%, with growth across Osprey, OXO and Hydro Flask. Osprey benefited from strong consumer and category performance, new product introductions and continued improvement in its international distribution network; OXO benefited from improved inventory composition, net distribution gains and new products; and Hydro Flask benefited from inventory actions, product innovation and partial recapture of tariff-related disruption in the corporate channel.
Wellness and Olive & June Continued to Grow
Wellness sales grew primarily through Vicks and Braun, supported by net distribution gains, lapping tariff-related items and new product introductions. Olive & June produced another solid quarter, reflecting strong consumer demand, higher replenishment orders and new and expanded distribution.
International Sales Increased 3.7%
International sales grew 3.7% in the quarter, led by Hydro Flask, OXO and Osprey. Growth reflected new products, expanded distribution and improving execution in select markets, including traction from a new distributor in Australia.
Improving North American Beauty & Wellness Point of Sale
North American point of sale for Beauty & Wellness showed noticeable improvement in the second quarter relative to longer-term trends. Olive & June and Braun remained strong, while trends improved across Revlon, Hot Tools, Honeywell and Curlsmith.
Gross Margin Expanded 800 Basis Points
Consolidated gross profit margin increased 800 basis points to 52.2%. The improvement included approximately 560 basis points from tariff refunds net of higher tariff costs, as well as lower overall retail trade and promotional expense year-over-year.
Adjusted EBITDA and Margin Improved
Adjusted EBITDA increased $13.2 million and adjusted EBITDA margin improved by 280 basis points, primarily due to tariff refunds net of higher tariff costs, lower overall retail trade and promotional expense and favorable operating leverage.
Strong Cash Flow and Debt Reduction
For the first half of the fiscal year, cash flow from operations was $56.5 million and free cash flow was $38 million. Total debt declined to $673 million, down $221 million year-over-year and $108 million since the beginning of the fiscal year. Net leverage improved to 3.0x from 3.5x at the end of the first quarter, ahead of the company’s original target for this point in the year.
Inventory Health Improved
Inventory ended the quarter at $480 million, a $49 million decrease from the same period last year. The overall percentage of active inventory improved by 7 percentage points during the first half, supported by targeted closeout and liquidation efforts. The company is targeting a 12 percentage point improvement in active inventory composition by year-end.
Tariff Refunds Increased Full-Year Outlook
Second-quarter results included approximately $26.9 million of gross pretax tariff refunds. After reinvestment, the company realized an approximately $4 million net pretax benefit and an approximately $0.12 after-tax diluted EPS benefit. Full-year guidance now includes $80.5 million of gross tariff refunds, planned reinvestment of $66.5 million to $70.5 million, a $10 million to $14 million net pretax benefit and a $0.30 to $0.45 net diluted EPS benefit.
Raised Full-Year EBITDA, EPS and Free Cash Flow Guidance
The company maintained base-business adjusted EBITDA guidance of $193 million to $196 million and raised consolidated EBITDA guidance to $203 million to $210 million. Base-business adjusted EPS guidance was narrowed to $3.30 to $3.70, while consolidated adjusted EPS guidance was raised to $3.60 to $4.15. Free cash flow guidance was raised to $120 million to $140 million.
New Product and Category Expansion Progress
OXO officially launched its full pet-category line across all channels in August after a limited Prime Day release. Osprey launched the Ozone Hardside four-wheel luggage collection. Hydro Flask introduced lunch totes, bags, soft coolers and limited-edition Daydream products. PUR became the only water filter certified to reduce lead, microplastics and total PFAS in both pitcher and dispenser formats.
Olive & June Strengthened Brand Positioning
Olive & June launched its first exclusive influencer collaboration at Ulta Beauty with digital creator Avery Woods and received its 10th Allure Best of Beauty Award, with its Gel Mani System earning the honor for the second consecutive year.
Operating Model and Leadership Changes Advanced
The company made progress establishing its new general manager structure, putting planned leaders in place, clarifying accountability and improving cross-functional collaboration. Helen of Troy also appointed a new leader for Beauty & Wellness to strengthen leadership and accountability in the segment.
Debt Paydown Target Improved
Because of strengthening cash flow, the company is ahead of schedule on debt paydown and now expects net leverage of 2.7x or lower by the end of fiscal 2027.
DE:HT2 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed