All Helen of Troy articles
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ArticleStrong demand for travel packs should bolster Osprey sales in EMEA, APAC
Osprey parent Helen of Troy reported 5.4 percent Q4 sales growth for its Home and Outdoor segment to $223.3 million. Segment revenues were sparked by higher sales in the brick-and-mortar and club channels, higher insulated beverageware sales from its Hydro Flex business, and international growth led by strong demand for ...
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ArticleOsprey sales strong for Helen of Troy
Osprey sales grew in Great Britain, Germany, and France during Q3, driven by strong travel demand and a “robust product line-up.” Helen of Troy executives said the outdoor brand, which introduced a redesigned Sojourn travel series last fall, continues to exceed its expectations. Meanwhile, the parent continued to see consumer ...
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News briefsOsprey continues its sustainability efforts
Osprey, a Helen of Troy brand, is introducing its first backpacks made with 100 percent ocean-based or ocean-bound plastics as the primary material – the new Daylite™ Earth and the updated Talon Earth™. Overall, Osprey reports that it will have achieved nearly all of its Phase 1 sustainability goals by ...
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ArticleAccelerated travel demand boosts Osprey sales in Q2
After citing Osprey’s recent strong performances in Great Britain and Germany, parent Helen of Troy says the outdoor brand should generate additional sales growth in H2 on demand for its core backpack and in the adjacent on-trend travel packs. Osprey, thanks to accelerated travel demand and an improved year-over-year inventory ...
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News briefsHydro Flask makes progress in nearshoring strategy
Hydro Flask, the US-based bottle company and part of the Helen of Troy group, has said it has made good progress in implementing its nearshoring strategy. The brand is said to have successfully relocated some production of Hydro Flask bottles to the Western Hemisphere. The move is part of Project ...
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ArticleHydro Flask faces market pressure, Osprey sales up in Q1
Adjusted operating income slipped by 8.9 percent to $34.3 million from $37.6 million for the Home & Outdoor segment of Helen of Troy for the first quarter ended May 31. Excluding a nearly $3.1 million impact related to the bankruptcy of retailer Bed, Bath & Beyond, Q1 operating income for ...
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ArticleHelen of Troy gets operating income lift in Home & Outdoor
Fourth quarter operating income in Helen of Troy’s Home & Outdoor segment, which includes Osprey Packs, Oxo and Hydro Flask, rose by 38.5 percent to $31.3 million from $22.6 million due to lower inventory obsolescence expenses and the favorable impact of acquisition-related costs in the year-ago period. Segment revenues were ...
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ArticleAnalysis: More than half of the outdoor stocks make gains in Q1
Our Q1 Outdoor Index includes the revenue and profit development of 37 major outdoor companies.
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ArticleHelen of Troy making three organizational changes
Helen of Troy, the parent of Osprey and Hydro Flask, is undergoing three organizational changes and shrinking its global workforce by about 10 percent, with most staff reductions completed before March 1. Most notably, the group has decided to merge its Health & Wellness and Beauty segments, centralize its global ...
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ArticleAnalysis: Global outdoor stock index falls by double-digits again in Q3
According to the latest Outdoor Industry Compass quarterly study of 37 select stocks which sell products into the outdoor recreation market, the segment Index fell by a double-digit percentage for a third consecutive period but by less than in the first (-17.84%) or second (-21.18%) quarters. Only four stocks – ...
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ArticleHelen of Troy sales get boost from Osprey Packs
Bolstered by a $47.4 million sales contribution from Osprey Packs, second quarter revenues in Helen of Troy’s Home & Outdoor segment rose 11.8 percent to $240.6 million from $215.2 million. The unit’s organic sales declined $19.3 million in the period ended Aug. 31, driven by shifts in consumer spending patterns ...
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ArticleHydro Flask releases sustainability improvements and emissions goals
Hydro Flask has released news on its sustainability efforts. As of spring 2022, the Helen of Troy brand has switched to Forest Stewardship Council (FSC)-certified packaging, including 80-100 percent recycled content, and eliminated single-use plastic packaging for more than 90 percent of the brand’s products. Working with its parent company, ...
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ArticleHelen of Troy’s outdoor business shows resilience in Q1
Outdoor-related products, including the recently acquired backpack manufacturer Osprey Packs, led sales gains in the Home & Outdoor segment of El Paso, Texas-based consumer goods group Helen of Troy in the first quarter ended May 31. Sales gains for the segment came despite a decline in the company’s overall top ...
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News briefsOsprey strengthens distribution in Austria and Italy
California-based backpack specialist Osprey, a Helen of Troy brand since late 2021, has hired two distribution agencies to support direct sales and increase market share in two important European markets. Starting June 1, sales agency B-Factory will support Osprey’s Italian Spring 23 product sell-in. Founded in 1995 by Pietro Colturi, ...
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News briefsHelen of Troy announces two new board members
Helen of Troy, whose brand portfolio includes Hydro Flask and Osprey Packs, has appointed Tabata Gomez and Elena Otero to its corporate board of directors, effective May 3. Gomez is president of the Hand Tools, Accessories & Storage Group of Stanley Black & Decker Inc. Otero recently retired as chief ...
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News briefsOsprey's CEO steps down
Osprey Packs announced that CEO Layne Rigney is leaving the company after nearly six years. He had recently led the brand through its acquisition of Helen of Troy, which, with the help of the Osprey acquisition, saw a 14% increase in sales in the fourth quarter. The remaining Osprey leadership ...
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ArticleHelen of Troy sees Q1 boost from Hydro Flask, Osprey
Outdoor drinkware brand Hydro Flask led sales gains in the Home & Outdoor sales segment of El Paso, Texas-based consumer goods company Helen of Troy in the fourth quarter ended Feb. 28, with recently acquired backpack manufacturer Osprey Packs also boosting the segment’s topline. Sales in the Home & Outdoor ...
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ArticleHelen of Troy raises outlook after Osprey acquisition, strong Q3 showing
Helen of Troy, the El Paso, Texas-based consumer goods company that owns outdoor drinkware brand Hydro Flask and Oxo and recently closed a deal to acquire backpack manufacturer Osprey Packs, raised its guidance for the full fiscal year to take into account that acquisition and after posting better-than-expected results in ...
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ArticleHelen of Troy to bolster presence in outdoor segment with acquisition of Osprey
Helen of Troy, the El Paso, Texas-based, publicly traded company that owns a variety of brands in the Beauty, Health&Home and Housewares segments, including Hydro Flask and Oxo, has announced that one of its subsidiaries has entered into a definitive agreement to acquire Osprey Packs, the backpack manufacturer founded in ...
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ArticleHelen of Troy’s Hydro Flask sees Q2 sales progress, raises FY outlook
The Houseware segment of Helen of Troy, which includes outdoor drinkware brand Hydro Flask, saw revenues in the second fiscal quarter ended Aug. 31 grow by 6.7 percent to $215.2 million. The improvement was due mainly to an increase in brick and mortar sales for both Hydro Flask and OXO ...
