Home / Knowledge / News / Fashion / Helen of Troy Limited reports sales decline for Q1 ended May 31

Helen of Troy Limited reports sales decline for Q1 ended May 31

Jul '05
Personal care products marketer Helen of Troy Limited reported sales and earnings for the first quarter ended May 31, 2005.

First quarter sales increased 19 percent to $127,392,000 versus sales of $107,021,000 in the same period of the prior year.

First quarter net earnings were $10,547,000 or $0.33 per diluted share, compared with $14,483,000 or $0.44 per diluted share for the same period a year earlier, a decline of 27 percent.

Gross profit for the first quarter was 46.1 percent of sales compared with 46.9 percent of sales for the prior year first quarter.

Increases in selling, general and administrative expenses during the quarter were the primary reasons for the net earnings decline for the first quarter.

The SG&A expense increases include additional personnel, warehousing, freight, depreciation, advertising expenses for new product launches for the Brut and Sea Breeze skin care products, and costs associated with modifications, operations, and improvements of our worldwide information systems.

Gerald J. Rubin, Chairman, Chief Executive Officer and President, commenting on the Company's first quarter results, stated "In our earnings conference call of May 12, 2005, we discussed our expectation that sales in our personal care lines of business would be flat during the first half of fiscal 2006, with an improvement expected in the second half of the year.

Excluding the sales of the newly acquired OXO International business, personal care sales for the first quarter of fiscal 2006 ended May 31, 2005 decreased approximately 6 percent.

Must ReadView All

Pic: Shutterstock

Textiles | On 18th Jan 2022

Singapore, Bangladesh agree to conclude FTA early

Bangladesh and Singapore have agreed to accelerate the process of...

Pic: Airlines IATA

Textiles | On 18th Jan 2022

Supply chain disruptions stall global cargo growth in Nov 2021: IATA

Data for global air cargo markets have revealed slower growth in...

Pic: Shutterstock

Textiles | On 18th Jan 2022

Philippine garment-textile industry seeks govt support to protect jobs

The Clothing and Textile Industry Tripartite Council (CTITC) in the...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Trainers faced immense challenges as most were not tech-savvy

Textile Industry, Head honchos

Textile Industry
Head honchos

Instagram & fashion will go a long way together

Footwear Industry, Footwear Retailers

Footwear Industry
Footwear Retailers

Still struggling to mop up higher sales

Kishina Daruka and Mishika Daruka,

Kishina Daruka and Mishika Daruka

Headquartered in Kolkata, India, sustainable clothing brand Ora was...

Simone Morgante,

Simone Morgante

Based out of Como, Italy, and with technological expertise of nearly 70...

Dr. Catherine Tubb,

Dr. Catherine Tubb

Created in 2018 to investigate the risk of market failure related to...

Silverio Baranzano, Fitesa

Silverio Baranzano

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

Shlomzion Chen, Seevix

Shlomzion Chen

Seevix Material Sciences Ltd, which develops and manufactures synthetic...

Dave Rousse, INDA

Dave Rousse

INDA, a global association of the nonwoven fabrics industry, has been...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

Abhishek Bajaj & Samiksha Bajaj, Samshek

Abhishek Bajaj & Samiksha Bajaj

Samshek is a fashion forward tech brand which combines digital experience...

Ritu Kumar, Label - Ritu Kumar

Ritu Kumar
Label - Ritu Kumar

<b>Ritu Kumar</b> is the most respected designerwear brand in India...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments


Truetzschler India Private Limited
Sportmaster Ltd.
Sainsbury's Argos Asia Limited
Etam Group Strategy Hong Kong Limited
OVS Hong Kong Sourcing Ltd.
Green Fibre
Rayonese Textile Inc., Division de Culp Inc.
Chico’ FAS
Huntsman (Singapore) Pte Ltd
Lisa S.P.A.
Helly Hansen Far East Ltd
Arvind Limited
Lululemon Athletica Inc
Maceton Limited
John Varvatos

January 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Advanced Search