Helen Of Troy Says Net Sales Grew Slightly In 1Q Of FY 2017

Helen of Troy Limited said net sales grew 0.8 percent, including a 1.1 percent decline from Venezuela and 0.5 percent decline from foreign currency, in the first quarter of fiscal year 2017, compared with the same quarter in the previous year. Hydro Flask net sales reached $14.4 million, beating expectations, while gross profit margin rose by 2.3 percentage points. According to the company, operating income reached $22.9 million, compared with $26.5 million in the previous year. Cash flow from operations rose to $41.7 million from the previous year's $37.8 million.