Helen Of Troy Narrows FY24 Consolidated Net Sales From $1.965B - $2.015B To $1.975B - $2.0B Vs. $1.99B Est.
Portfolio Pulse from Benzinga Newsdesk
Helen of Troy Limited has updated its FY24 consolidated net sales forecast, narrowing the range from $1.965 billion - $2.015 billion to $1.975 billion - $2.0 billion, compared to the market estimate of $1.99 billion.

January 08, 2024 | 11:51 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Helen of Troy Limited has refined its FY24 sales outlook, which now closely aligns with analysts' expectations.
The updated sales forecast for Helen of Troy is now more precise and closely matches the market estimate. This suggests that the company has a better grasp of its expected performance, which could be viewed positively by investors. However, since the new range is in line with market expectations, the short-term impact on the stock price is likely to be neutral, as there are no significant surprises to the market's existing outlook.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100