Helen of Troy Battered by Tariffs, Lower Demand
Sales at HELE’s Home & Outdoor segment, which includes Hydroflask and Osprey Packs, declined 7% to $229.6 million from $246.1 million, with Osprey called out as a bright spot for the quarter as the company tries to right the ship. The pack brand saw strong demand across travel, lifestyle, and technical, while falling insulated beverageware demand continued to pull down Hydroflask. FQ3 launches included a cooler collaboration between the two brands and Osprey’s rollout of Mountain Bound winter sports packs. The segment got a lift from additional tariff-driven price increases that ... Log in to view full article.