Helen of Troy Limited: Initiation Of Coverage – Project Pegasus & Expectations for Fiscal 2025!

This is our first report on consumer products major, Helen of Troy. The company reported its third[1]quarter fiscal 2024 earnings, with the results slightly surpassing expectations. The firm has shown consistent results over the past several quarters and is on pace to meet full-year financial targets. Significant progress has been made on initiatives announced at the start of fiscal 2024, and under the company’s comprehensive work streams, part of its Pegasus Project. These efforts have bolstered fiscal 2024’s results and look to set the stage for future growth.