HELE’s Home & Outdoor segment, home to Hydro Flask and Osprey, ticked up 1% to $211,926,000 from $210,847,000 in the fiscal fourth quarter ended Feb. 28, helped by Osprey contributing $10.8 million over the pre-acquisition prior year. That offset a 4% drop in organic sales for the segment, along with price hikes and higher sales in the closeout channel. The organic loss was driven by lower consumer demand and spending pattern shifts, including a change in preferences away from bottles, where Hydro Flask is the leading brand, to tumblers where the brand has a smaller presence. Osprey sales outperformed expectations, ... Log in to view full article.