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Helen Of Troy Sees Weaker Revenue Numbers In 4Q Of FY 2017

April 27, 2017: 12:00 AM EST
Helen of Troy Limited reported consolidated net sales revenue dropped 2.3 percent in the quarter ending February 28, 2017. Factors adversely affecting revenue performance included an 8.3 percent decline in core business, 1.2 percent decrease from Venezuela re-measurement, and 0.5 percent from currency fluctuations. According to the company, its consolidated gross profit margin expanded by 2.0 percentage points, with 0.6 percentage points from the core business.
"Helen of Troy Limited Reports Fourth Quarter Fiscal 2017 Results", Helen of Troy , April 27, 2017, © Helen of Troy Limited
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