Outdoor Segment Boosts Helen of Troy’s Quarter
Sales in HELE’s Home & Outdoor segment, which includes Hydroflask and Osprey packs, increased 3% to $235.9 million from $228.9 million in the fiscal third quarter, led by a standout performance from the Oxo kitchen brand. Hydroflask continued to work through the consumer demand shift to tumblers from bottles in the insulated beverage landscape, which hurt brick-and-mortar sales. However, consumer and retailer responses were positive in the first full quarter of the travel tumbler hitting shelves. The model was rolled out to retailers across Sep. and Oct., while online sales posted ... Log in to view full article.