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Helen Of Troy Reports Falling Earnings Jul 9, 2008 |
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Helen of Troy Ltd. reported that sales for its first quarter, ended May 31, 2008, increased 3.4% to US$145 million. First quarter net earnings were $5.55 million compared with $10.1 million for the same period in the prior year.
First quarter sales in the housewares segment increased 15.3% to $38.5 million compared to $33.3 million for the same period last year, reflecting strength in the OXO brand, the company said.
Sales in the personal care segment decreased slightly to $106.5 million in the first quarter compared to $106.8 million for the same period last year.