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Helen of Troy stock rallies on profit forecast; CEO to retire next year

Earnings Results Last Updated: April 26, 2023 at 8:28 p.m. ET First Published: April 26, 2023 at 6:01 p.m. ET ‘Our sales outlook reflects our expectation that the economy, consumers, and several of our categories will continue to experience macro financial pressure,’ CEO says Revlon license-holder Helen of Troy reported quarterly earnings Wednesday. Getty Images

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Earnings Results

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

Revlon license-holder Helen of Troy reported quarterly earnings Wednesday.

Getty Images

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…

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