Sales in HELE’s Home & Outdoor segment, which includes Hydro Flask and Osprey Packs, rose 9% to $227.9 million in fiscal Q2 ended Aug. 31, driven by new Osprey introductions and continued international distribution expansion. Segment operating income tallied $24.1 million, lapping a $72.6 million loss last year that included $85.5 million in pre-tax asset impairment charges. The bottom line benefited from tariff refunds and better operating leverage, despite higher packaging costs, personnel expense, inflationary pressures through the supply chain, and marketing spend.

Osprey saw strong demand across the technical, travel and ... Log in to view full article.