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#Earnings Results: Helen of Troy stock rallies on profit forecast; CEO to retire next year

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‘Our sales outlook reflects our expectation that the economy, consumers, and several of our categories will continue to experience macro financial pressure,’ CEO says

Shares of Helen of Troy Ltd. rose after hours on Wednesday after the designer of home and wellness products released a full-year profit forecast and fourth-quarter results that came in above Wall Street’s expectations.

The company — which sells products like Revlon cosmetics, Pur water filters and Oxo food-storage containers, as well as things like humidifiers — also announced that its chief executive, Julien Mininberg, plans to retire on Feb. 29, 2024, and that its board had appointed Noel Geoffroy, currently chief operating…

Bill Peters

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