Helen of Troy sales slide amid volatile market

9-Jul-2010

Helen of Troy, the brand-name personal care and household consumer products designer, developer and marketer, has reported a sales decline of 11.8% for the third quarter ended 30 November. The Texas-based company disclosed sales figures of approximately $185m versus sales of over $210m in the same period of the previous year.

Helen of Troy, the brand-name personal care and household consumer products designer, developer and marketer, has reported a sales decline of 11.8% for the third quarter ended 30 November. The Texas-based company disclosed sales figures of approximately $185m versus sales of over $210m in the same period of the previous year.

Sign up for your free email newsletter

Helen of Troy’s personal care segment fared especially badly with net sales for the third quarter slipping 13.9% from $163m to $140m. Gerald J Rubin, ceo and president, blamed Helen of Troy’s poor performance on consumer uncertainty triggered by credit market instability, a volatile stock market and an increase in unemployment rates.

Companies