Helen of Troy Home & Outdoor Segment Keeps Company Positive in Q4

April 24, 2024

Helen of Troy reported fiscal fourth-quarter net sales for its Home & Outdoor segment, which includes the OXO, Osprey and Hydroflask businesses, increased 5.4 percent to $223.3 million for the three-month period ended February 29, 2024, compared to $211.9 million in the prior-year comparative period.

The increase for the quarter was driven by 5.1 percent growth from its Organic business (primarily from the rise in home category sales in the brick-and-mortar and club channels), higher insulated beverageware sales (driven by its new travel tumbler) and international growth (primarily driven by strong demand for travel packs.) These factors were partially offset by the unfavorable impact of the Bed, Bath & Beyond bankruptcy and a decrease in online channel sales in the travel pack and home categories. SGB Media