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Daily News

Helen of Troy Reports Q2 Sales
Oct 5, 2006
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Helen of Troy Limited, designer, developer and worldwide marketer of brand-name personal care and household consumer products, reported sales and net earnings for the second quarter ended Aug. 31, 2006.

Second quarter sales increased 12.9 percent to U.S. $147.2 million versus sales of $130.4 million in the same period of the prior year. Second quarter net earnings were $10.9 million or $0.35 per fully diluted share, compared with $9.5 million or $0.30 per fully diluted share for the same period a year earlier, an increase in earnings per share of 16.7 percent. Sales for the 6 months ended Aug. 31, 2006, increased 7.7 percent to $277.6 million versus $257.8 million for the previous year. Net earnings for the first half of this year were $17.6 million or $0.56 per diluted share, versus $19.9 million, or $0.63 per diluted share in the same period of last year.

Net sales increased 10 percent to $110.9 million in our personal care segment for the second fiscal quarter compared with $100.9 million for the same period last year. Net sales increased 7.4 percent to $216.3 million in the personal care segment for the 6-month period ending Aug. 31, 2006 compared with $201.4 million for the same period last year. Net sales for the housewares segment increased 22.6 percent to $36.2 million for the second fiscal quarter compared with $29.5 million for the same period last year. Net sales increased 8.7 percent to $61.3 million for the housewares segment for the 6-month period ending Aug. 31, 2006 compared with $56.4 million for the same period last year.

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