Helen of Troy Limited (HELE) Q2 2025 Earnings Call Transcript Summary
Helen of Troy Limited (HELE) Q2 2025 Earnings Call Transcript Summary
Gross profit margin was 45.6%, a decrease of 110 basis points, primarily due to an unfavorable product and customer mix and increased inventory obsolescence expenses.The following is a summary of the Helen of Troy Limited (HELE) Q2 2025 Earnings Call Transcript:
以下是海倫特洛伊家電（HELE）2025年第二季度業績會成績摘要：
Financial Performance:
金融業績：
Helen of Troy reported slightly above expectations in net sales, adjusted EPS, and adjusted EBITDA for Q2.
Consolidated net sales decreased by 3.5%, largely due to declines in Beauty & Wellness, partially offset by gains in Home & Outdoor and international sales.
Gross profit margin was 45.6%, a decrease of 110 basis points, primarily due to an unfavorable product and customer mix and increased inventory obsolescence expenses.
Adjusted operating margin decreased mainly due to planned investment growth and additional distribution center expenses.
海倫特洛伊報告第二季度淨銷售額、調整後每股收益和調整後息稅折舊及攤銷前利潤略高於預期。
綜合淨銷售額下降3.5%，主要是由於美容和健康業務下降，部分被家居與戶外以及國際銷售增長抵消。
毛利潤率爲45.6%，下降110個點子，主要是由於產品和客戶組合不利以及庫存過時費用增加。
調整後營業利潤率主要由於計劃的投資增長和額外的配送中心費用而下降。
Business Progress:
業務進展：
The integration of Curlsmith into the distribution network was completed ahead of schedule.
The Tennessee distribution center improved its shipping execution and operating efficiency, addressing earlier technical issues.
Helen of Troy grew their U.S. distribution by 9%, continuing to expand availability of their brands such as OXO, Hydro Flask, and Osprey.
Notable product launches included OXO's Rapid Brewer coffee maker and Hydro Flask's travel bottle and new brand campaign.
將Curlsmith整合到分銷網絡中的工作提前完成。
田納西州的配送中心改善了其發貨執行和營運效率，解決了之前的技術問題。
海倫特洛伊家電通過將OXO、Hydro Flask和Osprey等品牌的美國配送增長了9％，繼續擴大其產品的可用性。
值得關注的產品推出包括OXO的Rapid Brewer咖啡機，以及Hydro Flask的旅行水瓶和新的品牌宣傳活動。
Opportunities:
機會：
The company continues to focus on expanding global sales, particularly highlighted by Hydro Flask's performance and international distribution gains.
Helen of Troy sees potential growth in the Home & Outdoor segment, driven by distribution gains and strategic marketing initiatives.
The Wellness segment outperformed expectations, benefiting from increased illness rates and consequently higher sales of thermometry products.
公司繼續專注於拓展全球銷售，特別突出的是Hydro Flask的業績和國際分銷增長。
海倫特洛伊家電看到家庭及戶外部門潛在增長，受益於分銷增長和戰略營銷舉措。
健康部門表現超出預期，由於疾病率增加，從而推動體溫測量產品的銷售增加。
Risks:
風險：
Beauty performance was below expectations due to competitive pressures and macroeconomic factors, prompting a strategic review and leadership changes to revitalize the brand.
Projected net sales decline for FY25 reflects ongoing macro pressures and uncertainties, including a shorter holiday shopping season and variable retail replenishment.
由於競爭壓力和宏觀經濟因素，美容業務表現低於預期，促使進行戰略評估和領導層變動以振興品牌。
預計FY25年淨銷售額下降反映持續的宏觀壓力和不確定因素，包括較短的假期購物季和零售補貨的變量。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
