Ultime notizie per Helen Of Troy (NASDAQ:HELE) Azioni

Helen Of Troy

Helen Of Troy Ltd is a consumer products company offering creative products and solutions for its customers through a diversified portfolio of brands. It has two operating segments: Home & Outdoor segment provides a broad range of consumer products for home activities such as food preparation, cooking, cleaning, and organization; as well as products for outdoor and on-the-go activities such as hydration, food storage, backpacks, and travel gear, and The Beauty & Wellness segment provides beauty and wellness products including mass and prestige market beauty appliances, prestige market liquid-based hair and personal care products, and wellness devices including thermometers, water and air filtration systems, humidifiers, and fans.

Helen Of Troy Ltd

HELEN OF TROY ORD

HELENS INTL HLDG U/ADR by Helens International Holdings Company Limited

SharkNinja, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sn#NYSE">SN</a>) has been riding high on its focus on continued product innovation, new category launches, and international expansion. Its shares skyrocketed 102.8% in the year-to-date (YTD) period, strongly outpacing the Zacks Furniture industry&#39;s 32.3% rally and the S&amp;P 500 index&#39;s increase of 17.8%.
SharkNinja, with a market cap of $14.45 billion, is a high-growth product design and technology company known for its household and lifestyle appliances under the Shark and Ninja brands across 33 subcategories across 32 markets.
The company&#39;s three-pronged growth strategy &mdash; focusing on existing categories, exploring new categories, and expanding internationally &mdash; is expected to fuel significant growth and create numerous opportunities. Its four core areas of focus are &mdash; disruptive innovation, global agile supply chain, always on 360-degree marketing, and omni-channel distribution.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/7f/77947.jpg?v=934353664" />
Image Source: Zacks Investment Research
SN shares have also outperformed similar companies like Cricut, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crct#NASDAQ">CRCT</a>), Whirlpool Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/whr#NYSE">WHR</a>) and Helen of Troy Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hele#NASDAQ">HELE</a>), which lost 7.5%, 18.2% and 51.4% YTD.
<h2>Technical Indicators Substantiating SN Stock&#39;s Growth</h2>
SN stock is currently trading above its 50-day simple moving average, signaling a bullish trend.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/c9/77949.jpg?v=15274744" />
Image Source: Zacks Investment Research
This technical strength highlights positive market sentiment and confidence in SN&#39;s financial stability and prospects.
<h2>Factors Solidifying SharkNinja&#39;s Stock Rally</h2>
Product Innovation to Fuel Future Growth: SN&#39;s growth relies heavily on continuous product innovation, focusing on expanding its current offerings and exploring adjacent categories. To maintain its rapid innovation, the company will need to sustain significant investment in Research and Development (R&amp;D).
In 2024, SN plans to launch 25 new products, including four new subcategories. Key launches so far include the Shark FlexBreeze portable fan (January), Ninja FrostVault cooler (March), and Ninja Slushi frozen beverage system (July). A new beauty segment product is scheduled for the fourth quarter. Looking ahead, SN is preparing to enter new categories, with potential launches such as power-operated lawn and garden tools, portable heaters, gas-powered grills, ovens, and steamers, as indicated by recent trademark filings.
International Expansion Substantiates Growth Potential: SN&#39;s international expansion strategy is gaining momentum, with 46% growth in its international segment in the second quarter. The company has built solid relationships with key retailers and accumulated local expertise over the years.
Strong growth opportunities are emerging in markets like the Nordics, Benelux, Poland, Italy, Spain, Mexico, and the Middle East. SN plans to enter Brazil in the fourth quarter, focusing on its beauty and motorized kitchen appliances. With further opportunities in Latin America and a proven international strategy, SN is well-positioned for long-term top-line growth.
Flexible Supply Chain Shields Freight &amp; Tariff Headwinds: SharkNinja has successfully managed a dynamic supply chain by securing long-term freight contracts with a diverse range of carriers, helping the company avoid capacity constraints and related cost spikes. Additionally, SharkNinja has been proactively diversifying its sourcing to mitigate the impact of rising tariffs on Chinese imports.
The company remains committed to eliminating all Chinese exposure for U.S.-bound products by the end of 2025. With ongoing capacity expansion in Southeast Asia, SharkNinja is accelerating efforts to safeguard its supply chain and ensure long-term growth stability.
Omni-Channel Strategy Drives Growth: SN has consistently prioritized reaching consumers across all shopping channels. As consumer shopping behaviors evolve, the company has adapted its omnichannel strategy to meet these changes. SN continues to invest in expanding its sales teams to meet rising consumer demand and strengthen relationships with both physical and online retailers. The success of this strategy depends on several factors, including retailer satisfaction with product sales and profitability, SN&#39;s ability to innovate, and its capacity to maintain and expand into more product categories.
<h2>SN&#39;s Estimate Movement</h2>
The Zacks Consensus Estimate for SN&#39;s EPS has increased over the past 60 days. This depicts that there is solid upside potential for the stock. SN delivered a trailing four-quarter earnings surprise of 14.3%, on average.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/63/77948.jpg?v=681440628" />
Image Source: Zacks Investment Research
Impressively, SN currently flaunts a Growth Score of A.
<h2>Potential Risks for SN Stock</h2>
The above-mentioned factors are strongly in favor of SharkNinja&#39;s stock growth, but some potential risks are worth considering while making an investment strategy.
SharkNinja remains cautious of macroeconomic factors such as consumer confidence, demographic shifts, employment levels, inflation, and other economic indicators that could affect its performance. Additionally, the company&#39;s sales are influenced by seasonality, with the first and second quarters being particularly impactful.
<h2>SN Stock Not so Cheap</h2>
SN&#39;s stock is currently overvalued compared to its industry, as shown in the chart below. This high price-to-earnings ratio could indicate that the stock is overvalued in its industry, suggesting stretched valuation for SN.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/2c/77946.jpg?v=231954422" />
Image Source: Zacks Investment Research
<h2>Final Thoughts</h2>
SharkNinja continues to outperform in a challenging market, driven by its focus on newness and innovation that resonates with increasingly value-conscious consumers. While other industry peers face uncertainty, SharkNinja&#39;s first-half 2024 results have exceeded expectations. The company&#39;s growth across its four major product categories, alongside supply chain optimizations, sourcing strategies, and regional expansion, positions it for continued success despite broader industry challenges.
<img alt="Roadshow Presentation" src="https://staticx-tuner.zacks.com/images/articles/charts/ba/77945.jpg?v=1043214907" />
Image Source: Roadshow Presentation
Although the macroeconomic risk associated with the high-interest rate environment cautions investors, upward revisions in earnings estimates reinforce SN&#39;s Zacks Rank #2 (Buy). This makes SN an attractive addition to investors&#39; portfolios at present.
<a href="https://www.zacks.com/stock/news/2336738/sharkninja-s-stock-surges-103-in-ytd-should-you-jump-onboard?cid=CS-BENZ-FT-analyst_blog|most_popular_stocks-2336738">To read this article on Zacks.com click here.</a>

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HELE

SharkNinja's Stock Surges 103% in YTD: Should You Jump Onboard?

Helen of Troy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>), designer, developer, and worldwide marketer of branded consumer home, outdoor, beauty, and wellness products, today announced that its Board of Directors has authorized the repurchase of $500 million of its outstanding common shares ("common stock" or "shares") in keeping with its stated intention to opportunistically return to shareholders capital not otherwise deployed for core business growth or strategic acquisitions. The authorization was approved as part of the Board's regular process of reviewing the Company's capital allocation and existing authorization. It is effective August 20, 2024, for a period of three years and replaces Helen of Troy's existing repurchase authorization, of which approximately $245.3 million remained at the time the new authorization was approved.

Buybacks

Helen of Troy Limited Announces New $500M Share Repurchase Authorization

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/23/24</td>
<td>$222.50</td>
<td>$29.7K</td>
<td>3.1K</td>
<td>48.5K</td>
</tr>
<tr>
<td>SBUX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/23/24</td>
<td>$93.00</td>
<td>$31.3K</td>
<td>3.7K</td>
<td>9.1K</td>
</tr>
<tr>
<td>ABNB</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$110.00</td>
<td>$1.1 million</td>
<td>406</td>
<td>1.1K</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$85.00</td>
<td>$230.3K</td>
<td>3.9K</td>
<td>532</td>
</tr>
<tr>
<td>NIO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$3.00</td>
<td>$50.2K</td>
<td>7.0K</td>
<td>511</td>
</tr>
<tr>
<td>PDD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$150.00</td>
<td>$35.2K</td>
<td>690</td>
<td>473</td>
</tr>
<tr>
<td>CAVA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$95.00</td>
<td>$110.2K</td>
<td>899</td>
<td>452</td>
</tr>
<tr>
<td>HD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$375.00</td>
<td>$85.4K</td>
<td>1.4K</td>
<td>345</td>
</tr>
<tr>
<td>DKS</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$220.00</td>
<td>$315.9K</td>
<td>253</td>
<td>304</td>
</tr>
<tr>
<td>HELE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$55.00</td>
<td>$84.6K</td>
<td>7</td>
<td>200</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on August 23, 2024. This event was a transfer of 66 contract(s) at a $222.50 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $29.7K, with a price of $450.0 per contract. There were 3140 open contracts at this strike prior to today, and today 48518 contract(s) were bought and sold. 
• Regarding SBUX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), we observe a put option sweep with bearish sentiment. It expires in 4 day(s) on August 23, 2024. Parties traded 202 contract(s) at a $93.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $31.3K, with a price of $155.0 per contract. There were 3751 open contracts at this strike prior to today, and today 9169 contract(s) were bought and sold. 
• For ABNB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>), we notice a call option trade that happens to be bearish, expiring in 60 day(s) on October 18, 2024. This event was a transfer of 975 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $1.1 million, with a price of $1215.0 per contract. There were 406 open contracts at this strike prior to today, and today 1192 contract(s) were bought and sold. 
• Regarding BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we observe a call option trade with neutral sentiment. It expires in 123 day(s) on December 20, 2024. Parties traded 349 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $230.3K, with a price of $660.0 per contract. There were 3969 open contracts at this strike prior to today, and today 532 contract(s) were bought and sold. 
• Regarding NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), we observe a call option trade with bullish sentiment. It expires in 515 day(s) on January 16, 2026. Parties traded 250 contract(s) at a $3.00 strike. The total cost received by the writing party (or parties) was $50.2K, with a price of $201.0 per contract. There were 7094 open contracts at this strike prior to today, and today 511 contract(s) were bought and sold. 
• For PDD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), we notice a put option sweep that happens to be bullish, expiring in 88 day(s) on November 15, 2024. This event was a transfer of 35 contract(s) at a $150.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $35.2K, with a price of $1010.0 per contract. There were 690 open contracts at this strike prior to today, and today 473 contract(s) were bought and sold. 
• For CAVA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>), we notice a call option trade that happens to be bullish, expiring in 32 day(s) on September 20, 2024. This event was a transfer of 106 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $110.2K, with a price of $1040.0 per contract. There were 899 open contracts at this strike prior to today, and today 452 contract(s) were bought and sold. 
• For HD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>), we notice a call option sweep that happens to be bearish, expiring in 32 day(s) on September 20, 2024. This event was a transfer of 267 contract(s) at a $375.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $85.4K, with a price of $320.0 per contract. There were 1490 open contracts at this strike prior to today, and today 345 contract(s) were bought and sold. 
• Regarding DKS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>), we observe a put option trade with neutral sentiment. It expires in 32 day(s) on September 20, 2024. Parties traded 300 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $315.9K, with a price of $1053.0 per contract. There were 253 open contracts at this strike prior to today, and today 304 contract(s) were bought and sold. 
• Regarding HELE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>), we observe a call option trade with bearish sentiment. It expires in 60 day(s) on October 18, 2024. Parties traded 200 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $84.6K, with a price of $423.0 per contract. There were 7 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

ABNB

BABA

CAVA

Citigourp Global Markets 2% Protected Notes Linked To The Djia

SBUX

TSLA

10 Consumer Discretionary Stocks Whale Activity In Today's Session

Helen of Troy Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hele#NASDAQ">HELE</a>) is struggling with operational challenges, heightened macroeconomic uncertainty and a financially-strained consumer environment. HELE is grappling with high costs that are impacting its performance. Unimpressively, the company posted soft results in first-quarter fiscal 2025, following which it lowered its outlook for the fiscal 2025.
The Zacks Rank #5 (Strong Sell) company&#39;s shares have slumped 57.4% year to date against the industry&#39;s 32.8% decline. The stock has underperformed the Zacks Consumer Staple sector&#39;s appreciation of 6.2% during this time.
Let&#39;s delve deeper.
<h3>Lower Demand Dampens Performance</h3>
Helen of Troy is facing a tough macroeconomic environment with lower consumer and retailer demand. Consumers are prioritizing essentials over discretionary items, leading to a slowdown in sales for outdoor products, specialty and mass beauty items and other discretionary household goods like dry food storage. Retailers are tightening inventory management in response, which is heightening the company&#39;s exposure to market volatility and reducing clarity on order volumes and timing.
These factors put pressure on HELE&#39;s first-quarter fiscal 2025 results, with the top and the bottom line missing the Zacks Consensus Estimate and declining year over year. Quarterly net sales of $416.8 million fell 12.2%, mainly due to reduced sales of hair appliances and prestige hair care products in the Beauty &amp; Wellness unit and lower demand for humidifiers. Quarterly adjusted earnings of 99 cents per share declined 49% due to reduced adjusted operating income and higher tax rates.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/a1/74454.jpg?v=606064200" />
Image Source: Zacks Investment Research
<h3>High-Cost Environment</h3>
Helen of Troy has been struggling with rising selling, general and administrative (SG&amp;A) expenses. In first-quarter fiscal 2025, the SG&amp;A ratio expanded 560 basis points to 40.9%, driven by higher marketing costs, operational inefficiencies from automation issues at the Tennessee distribution facility, increased depreciation and rising health insurance and product liability expenses. This led to a 35.1% drop in adjusted operating income to $43 million and a 360-bps contraction in the adjusted operating margin to 10.3%, primarily due to increased marketing expenses and automation-related costs, among other reasons.
<h3>Road Ahead Seems Challenging</h3>
Considering the operational challenges, heightened macroeconomic uncertainty, a financially-stressed consumer base, increased promotional activity and stricter inventory management by retailers, management recently revised its fiscal 2025 forecast downward.
For the fiscal 2025, HELE anticipates consolidated net sales revenues in the range of $1.885-$1.935 billion, indicating a decline of 6% to 3.5% compared with the previous expectation of a 2% decline to 1% growth. This updated sales outlook reflects ongoing concerns about persistent inflation and persistent softness in consumer spending, particularly in certain discretionary product categories. The revised forecast considers anticipated challenges in operational performance at the Tennessee distribution facility, along with heightened macroeconomic uncertainty.
Adjusted earnings per share are now projected to range from $7.00 to $7.50, indicating a decline of 15.8% to 21.4% for the fiscal 2025. Previously, the metric was anticipated to be between $8.70 and $9.20.
<h3>Better-Ranked Staple Bets</h3>
The Chef&#39;s Warehouse (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/chef#NASDAQ">CHEF</a>), which distributes specialty food products, currently sports a Zacks Rank #1 (Strong Buy). CHEF has a trailing four-quarter earnings surprise of 33.7%, on average.
The Zacks Consensus Estimate for The Chef&#39;s Warehouse&#39;s current fiscal year sales and earnings indicates growth of 9.7% and 12.6%, respectively, from the year-ago reported numbers.
Vital Farms (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vitl#NASDAQ">VITL</a>) offers a range of produced pasture-raised foods. It currently carries a Zacks Rank #2 (Buy). VITL has a trailing four-quarter earnings surprise of 82.5%, on average.
The Zacks Consensus Estimate for Vital Farms&#39; current financial-year sales and earnings indicate growth of 26.3% and 88.1%, respectively, from the prior-year reported level.
Nomad Foods (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nomd#NYSE">NOMD</a>), carrying a Zacks Rank #2, manufactures and distributes frozen foods. NOMD has a trailing four-quarter earnings surprise of 3.1%, on average.
The Zacks Consensus Estimate for Nomad Foods&#39; current financial-year sales and earnings indicates growth of 4.3% and 11.5%, respectively, from the prior-year reported level.
<a href="https://www.zacks.com/stock/news/2323337/helen-of-troy-s-hele-stock-down-more-than-57-ytd-here-s-why?cid=CS-BENZ-FT-analyst_blog|rank_focused-2323337">To read this article on Zacks.com click here.</a>

Management

CHEF

NOMD

VITL

Helen of Troy's Stock Down More Than 57% YTD: Here's Why

Enhanced Performance, Sustainable Materials, Expanded Capacities, Extended Fit Sizing, And New Colors; Versatile Options For Hikers, Bikers, And Multi-Sport Users

Osprey Packs To Update Best-Selling Talon And Tempest Series For Spring 2025

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies. `
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">Conn&#8217;s Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CONN#NASDAQ">CONN</a>)</h3>
<ul>
<li>On June 26, Conn&#8217;s received a delinquency notification letter from Nasdaq. The company's stock fell around 73% over the past month and has a <a href="https://www.benzinga.com/quote/CONN">52-week low of $0.52</a>.</li>
<li>RSI Value: 17.23</li>
<li>CONN Price Action: Shares of Conn&#8217;s gained 14.6% to close at $0.66 on Friday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071524&amp;t=be2bearmibe3na1">latest Conn&#8217;s news</a>.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="676" height="654" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/15031816/Screenshot-2024-07-15-at-12.48.06-PM.png" alt="" class="wp-image-435410" style="width:480px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/15031816/Screenshot-2024-07-15-at-12.48.06-PM.png 676w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/15031816/Screenshot-2024-07-15-at-12.48.06-PM-300x290.png 300w" sizes="(max-width: 676px) 100vw, 676px" /></a></figure>
<h3 class="wp-block-heading">Nike Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</h3>
<ul>
<li>On June 27, Nike reported fourth-quarter revenue of $12.6 billion, down 2% year-over-year. The revenue total missed a Street consensus estimate of $12.91 billion, according to data from Benzinga Pro. &#8220;We are taking our near-term challenges head-on, while making continued progress in the areas that matter most to NIKE&#8217;s future – serving the athlete through performance innovation, moving at the pace of the consumer and growing the complete marketplace,&#8221; Nike CEO John Donahoe said. The company's stock fell around 22% over the past month. It <a href="https://www.benzinga.com/quote/NKE">has a 52-week low</a> of $71.67.</li>
<li>RSI Value: 22.78</li>
<li>NKE Price Action: Shares of Nike gained 0.04% to close at $73.42 on Friday.</li>
<li>Benzinga Pro's charting tool helped identify the <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071524&amp;t=be2bearmibe3na1">trend in Nike stock</a>.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="688" height="757" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/15031913/Screenshot-2024-07-15-at-12.49.08-PM.png" alt="" class="wp-image-435411" style="width:476px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/15031913/Screenshot-2024-07-15-at-12.49.08-PM.png 688w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/15031913/Screenshot-2024-07-15-at-12.49.08-PM-273x300.png 273w" sizes="(max-width: 688px) 100vw, 688px" /></a></figure>
<h3 class="wp-block-heading">Helen of Troy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>)</h3>
<ul>
<li>On July 9, Helen Of Troy reported worse-than-expected first-quarter FY25 earnings and lowered the outlook. "We are disappointed with the start to our fiscal year. We battled an unusual number of internal and external challenges in the quarter, which resulted in net sales and adjusted EPS below our outlook," said CEO Noel M. Geoffroy. The company's stock dipped around 28% over the past five days and has a 52-week <a href="https://www.benzinga.com/quote/HELE">low of $60.00</a>.</li>
<li>RSI Value: 16.96</li>
<li>HELE Price Action: Shares of Helen of Troy fell 0.6% to close at $64.07 on Friday.</li>
<li><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071524&amp;t=be2bearmibe3na1">Benzinga Pro's signals feature</a> notified of a potential breakout in Helen of Troy shares.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="656" height="734" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/15032010/Screenshot-2024-07-15-at-12.50.04-PM.png" alt="" class="wp-image-435415" style="width:398px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/15032010/Screenshot-2024-07-15-at-12.50.04-PM.png 656w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/15032010/Screenshot-2024-07-15-at-12.50.04-PM-268x300.png 268w" sizes="(max-width: 656px) 100vw, 656px" /></a></figure>
<h3 class="wp-block-heading">Kura Sushi USA Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KRUS#NASDAQ">KRUS</a>)</h3>
<ul>
<li>On July 9, Kura Sushi posted downbeat results for its third quarter. The company reported quarterly sales of $63.082 million which missed the analyst consensus estimate of $63.101 million, according to data from Benzinga Pro. The company's shares lost around 34% over the past month. The company's 52-week low is $49.01.</li>
<li>RSI Value: 28.42</li>
<li>KRUS Price Action: Shares of Kura Sushi fell 0.5% to close at $54.78 on Friday.</li>
<li>Benzinga Pro's earnings calendar was used to track KRUS <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071524&amp;t=be2bearmibe3na1">upcoming earnings report</a>.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="625" height="739" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/15032050/Screenshot-2024-07-15-at-12.50.42-PM.png" alt="" class="wp-image-435416" style="width:435px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/15032050/Screenshot-2024-07-15-at-12.50.42-PM.png 625w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/15032050/Screenshot-2024-07-15-at-12.50.42-PM-254x300.png 254w" sizes="(max-width: 625px) 100vw, 625px" /></a></figure>
<h3 class="wp-block-heading">Big Lots Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BIG#NYSE">BIG</a>)</h3>
<ul>
<li>On June 6, the company reported a first-quarter adjusted loss per share of $4.51, missing the street view for a loss of $3.92. "Our operational initiatives to offer a larger assortment of new and exciting extreme bargains, cut costs, and increase productivity exceeded our targets in Q1," Bruce Thorn, President and CEO of Big Lots, stated. The company's shares fell around 55% over the past month. The company <a href="https://www.benzinga.com/quote/BIG">has a 52-week low</a> of $1.00.</li>
<li>RSI Value: 22.03</li>
<li>BIG Price Action: Shares of Big Lots fell 7.1% to close at $1.04 on Friday.</li>
<li><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071524&amp;t=be2bearmibe3na1">Insider trades for Big Lots</a> were monitored using Benzinga Pro.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="606" height="739" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/15032146/Screenshot-2024-07-15-at-12.51.39-PM.png" alt="" class="wp-image-435417" style="width:399px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/15032146/Screenshot-2024-07-15-at-12.51.39-PM.png 606w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/15032146/Screenshot-2024-07-15-at-12.51.39-PM-246x300.png 246w" sizes="(max-width: 606px) 100vw, 606px" /></a></figure>
Read More: 
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<li><a href="https://www.benzinga.com/news/earnings/24/07/39748049/how-to-earn-500-a-month-from-bank-of-america-stock-ahead-of-q2-earnings">How To Earn $500 A Month From Bank of America Stock Ahead Of Q2 Earnings</a></li>
</ul>

Long Ideas

Pre-Market Outlook

CONN

KRUS

Top 5 Consumer Stocks That May Explode In Q3

During the last three months, 6 analysts shared their evaluations of Helen Of Troy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>), revealing diverse outlooks from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $100.17, a high estimate of $139.00, and a low estimate of $67.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 23.63%. 
<img src="https://www.benzinga.com/files/images/story/2024/1720641682_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
A clear picture of Helen Of Troy's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Susan Anderson</td>
<td>Canaccord Genuity</td>
<td>Lowers</td>
<td>Buy</td>
<td>$84.00</td>
<td>$137.00</td>
</tr>
<tr>
<td>Peter Grom</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$72.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Linda Bolton Weiser</td>
<td>DA Davidson</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$67.00</td>
<td>$139.00</td>
</tr>
<tr>
<td>Linda Bolton Weiser</td>
<td>DA Davidson</td>
<td>Maintains</td>
<td>Buy</td>
<td>$139.00</td>
<td>$139.00</td>
</tr>
<tr>
<td>Peter Grom</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$100.00</td>
<td>$121.00</td>
</tr>
<tr>
<td>Linda Bolton Weiser</td>
<td>DA Davidson</td>
<td>Lowers</td>
<td>Buy</td>
<td>$139.00</td>
<td>$151.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Helen Of Troy. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Helen Of Troy compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Helen Of Troy's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
To gain a panoramic view of Helen Of Troy's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/HELE/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Helen Of Troy analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Delving into Helen Of Troy's Background</h2>
Helen Of Troy Ltd is a consumer products company offering creative products and solutions for its customers through a diversified portfolio of brands. It has two operating segments: Home &amp; Outdoor segment provides a broad range of consumer products for home activities such as food preparation, cooking, cleaning, and organization; as well as products for outdoor and on-the-go activities such as hydration, food storage, backpacks, and travel gear, and The Beauty &amp; Wellness segment provides beauty and wellness products including mass and prestige market beauty appliances, prestige market liquid-based hair and personal care products, and wellness devices including thermometers, water and air filtration systems, humidifiers, and fans.
<h3>A Deep Dive into Helen Of Troy's Financials</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Positive Revenue Trend: Examining Helen Of Troy's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 0.95% as of 29 February, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Helen Of Troy's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 8.74% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 2.65%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.48%, the company showcases effective utilization of assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.43.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Latest Analyst Ratings For Helen Of Troy

Canaccord Genuity analyst Susan Anderson maintains Helen Of Troy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) with a Buy and lowers the price target from $137 to $84.

Price Target

Canaccord Genuity Maintains Buy on Helen Of Troy, Lowers Price Target to $84

UBS analyst Peter Grom maintains Helen Of Troy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) with a Neutral and lowers the price target from $100 to $72.

UBS Maintains Neutral on Helen Of Troy, Lowers Price Target to $72

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-ratings/">analyst ratings page</a>.
<ul>
<li>Redburn Atlantic analyst Agnieszka Pustula downgraded the rating for Spotify Technology S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) from Neutral to Sell and announced a price target of $230. Spotify shares fell 0.7% to close at $311.55 on Tuesday. <a href="https://www.benzinga.com/quote/SPOT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities analyst Jason Kupferberg downgraded Visa Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) from Buy to Neutral, while cutting the price target from $305 to $297. Visa shares fell 0.4% to close at $265.44 on Tuesday. <a href="https://www.benzinga.com/quote/V/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>DA Davidson analyst Linda Bolton Weiser downgraded the rating for Helen of Troy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) from Buy to Neutral, while lowering the price target from $139 to $67. Helen Of Troy shares dipped 27.7% to close at $64.33 on Tuesday. <a href="https://www.benzinga.com/quote/HELE/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan analyst Ella Smith downgraded LegalZoom.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LZ#NASDAQ">LZ</a>) from Overweight to Neutral and lowered the price target from $14 to $9. LegalZoom shares fell 1.5% to settle at $7.85 on Tuesday. <a href="https://www.benzinga.com/quote/LZ/analyst-ratings">See how other analysts view this stock. See how other analysts view this stock.</a></li>
<li>Citigroup analyst Joanne Wuensch downgraded the rating for Glaukos Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GKOS#NYSE">GKOS</a>) from Buy to Neutral, while raising the price target from $130 to $132. Glaukos shares fell 0.7% to close at $121.75 on Tuesday. <a href="https://www.benzinga.com/quote/GKOS/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
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Downgrades

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This Visa Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday

DA Davidson analyst Linda Bolton Weiser downgrades Helen Of Troy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) from Buy to Neutral and lowers the price target from $139 to $67.

DA Davidson Downgrades Helen Of Troy to Neutral, Lowers Price Target to $67

U.S. stocks traded mixed toward the end of trading, with the S&amp;P 500 gaining around 0.1% on Tuesday.
The Dow traded down 0.05% to 39,323.7 while the NASDAQ rose 0.10% to 18,422.24. The S&amp;P 500 also rose, gaining, 0.12% to 5,579.76.
Check This Out: <a href="https://www.benzinga.com/news/24/07/39684828/nvidia-to-rally-over-40-here-are-10-top-analyst-forecasts-for-tuesday">Nvidia To Rally Over 40%? Here Are 10 Top Analyst Forecasts For Tuesday</a>
Leading and Lagging Sectors Financials shares jumped by 1.1% on Tuesday.
In trading on Tuesday, materials shares fell by 0.6%.
Top Headline
Helen of Troy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) reported soft first-quarter earnings and lowered its FY25 guidance.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Soligenix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNGX#NASDAQ">SNGX</a>) shares shot up 379% to $9.59 after the company announced interim results for extended HyBryte treatment in early-stage CTCL patients.</li>
<li>Shares of Pineapple Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGY#NASDAQ">PEGY</a>) got a boost, surging 65% to $1.98 after the company engaged Conduit Capital to provide structural internal support, staffing, and assistance with capital-raising activities.</li>
<li>uniQure N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QURE#NASDAQ">QURE</a>) shares were also up, gaining 63% to $6.16 after the company announced updated interim data including up to 24 months of follow-up data from 29 treated patients enrolled in the ongoing U.S. and European Phase I/II clinical trials of AMT-130 for the treatment of Huntington&#8217;s disease.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Indivior PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INDV#NASDAQ">INDV</a>) shares dropped 33% to $10.28 after the company lowered its FY24 guidance.</li>
<li>Shares of Helen of Troy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) were down 27% to $64.70 after the company reported soft first-quarter earnings and lowered its FY25 guidance.</li>
<li>Clene Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLNN#NASDAQ">CLNN</a>) was down, falling 17% to $0.2888. Clene announced a 1-for-20 reverse stock split effective July 11, 2024.</li>
</ul>
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Commodities In commodity news, oil traded down 0.4% to $81.98 while gold traded up 0.2% at $2,368.00.
Silver traded up 0.4% to $31.04 on Tuesday, while copper fell 0.7% to $4.5840.
Euro zone
European shares closed lower today. The eurozone's STOXX 600 fell 0.90%, Germany's DAX fell 1.28% and France's CAC 40 fell 1.56%. Spain's IBEX 35 Index declined 1.12%, while London's FTSE 100 fell 0.66%.
Asia Pacific Markets
Asian markets closed mostly higher on Tuesday, with Japan's Nikkei gaining 1.96%, Hong Kong's Hang Seng Index declining 0.01%, China's Shanghai Composite Index climbing 1.26% and India's S&amp;P BSE Sensex gaining 0.49%.
Japanese machine tool orders climbed by 9.7% year-over-year to JPY 133,817 million in June compared to a 4.2% rise in the prior month.
Economics
The NFIB Small Business Optimism Index increased to 91.5 in June from 90.5 in May, recording the strongest reading since the start of the year.
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S&P 500 Edges Higher; Indivior Shares Plummet

<img alt="" src="https://thearorareport.com/wp-content/uploads/2024/07/2024-07-09_09h00_41.png" style="height:393px; width:700px" />
To gain an edge, this is what you need to know today.
<h4>Lesson For AI Bulls</h4>
Please <a href="https://thearorareport.com/chart-analysis-stock-market-powell-testimony-ai-stocks-intc-mc-07092024">click here</a> for an enlarged chart of Intel Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/intc#NASDAQ">INTC</a>).
Note the following:
<ul>
<li>This article is about the big picture, not an individual stock.&nbsp; The chart of INTC stock is being used to illustrate the point.</li>
<li>The chart shows that INTC has become a favorite AI play.</li>
<li>The chart shows a big recent move in INTC as Wall Street wakes up to the demand for AI PCs that is ahead.</li>
<li>The chart shows the Arora buy zone.&nbsp; The Arora call was ahead of Wall Street, anticipating demand for AI PCs later this year.</li>
<li>The chart has a valuable lesson for AI bulls.
<ul>
<li>The chart shows that INTC stock was running up last year on AI excitement.</li>
<li>The chart shows INTC stock traced a double top.&nbsp; A double top is a negative technical pattern.</li>
<li>The chart shows that the double top was followed by earnings less than whisper numbers, leading to a big drop in the stock.</li>
<li>What you see on the INTC chart can potentially also happen to today&rsquo;s AI darlings such as NVIDIA Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>), Advanced Micro Devices, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amd#NASDAQ">AMD</a>), Micron Technology Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mu#NASDAQ">MU</a>), Super Micro Computer Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/smci#NASDAQ">SMCI</a>), Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tsm#NYSE">TSM</a>), Arm Holdings PLC - ADR (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/arm#NASDAQ">ARM</a>), and Applied Materials, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amat#NASDAQ">AMAT</a>).&nbsp; Therefore, it is important for investors to have access to a reliable independent research resource that provides a balanced view and is not a permabull.</li>
</ul>
</li>
<li>The chart shows INTC stock is entering a new resistance zone.&nbsp; The attractiveness of Intel is that if China attacks Taiwan, INTC stock can spike north of $100.</li>
<li>Here is a good example of intermarket analysis that can give you a big edge.&nbsp; Chinese stocks, especially AI stocks, are very inexpensive compared to U.S. stocks.&nbsp; However, there is a risk in buying Chinese stocks. The intermarket analysis shows that the combination of using INTC stock as a hedge and buying certain Chinese ETFs when they dip in the buy zones has merit.&nbsp; As full disclosure, The Arora Report buy zones on Chinese ETFs and specialty ETFs with large holding in China are in The Arora Report&nbsp;ZYX Emerging.&nbsp; ZYX Emerging has continuously covered China for 17 years.</li>
<li>Powell is testifying in front of Congress.
<ul>
<li>There is buying ahead of Powell&rsquo;s testimony.</li>
<li>Powell is expected to be dovish.</li>
<li>Powell is expected to say that inflation is coming down and the Fed wants to see more evidence before cutting interest rates.</li>
<li>Powell is also expected to comment on the weakening labor market.</li>
<li>The market is likely to read Powell&rsquo;s comments to mean that a rate cut is coming in September.</li>
</ul>
</li>
<li>In The Arora Report analysis, the probability of a rate cut in September is 70%.&nbsp;&nbsp;</li>
<li>It is important for investors to follow Arora&rsquo;s Second and Third Law of Investing and Trading.&nbsp; The second law states, &ldquo;Nobody knows with certainty what is going to happen next in the markets.&rdquo;&nbsp; The third law states, &ldquo;Making investing and trading decisions based on probabilities is the only realistic and profitable approach.&rdquo;</li>
<li>As a note of interest, Helen of Troy Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hele#NASDAQ">HELE</a>), the maker of brands such as Vicks and Revlon, is falling about 30% on earnings coming below whisper numbers.&nbsp; This shows that the market is punishing earnings misses.</li>
</ul>
<h4>Magnificent Seven Money Flows</h4>
In the early trade, money flows are positive in NVDA, Amazon.com, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>), Alphabet Inc Class C (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goog#NASDAQ">GOOG</a>), Meta Platforms Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/meta#NASDAQ">META</a>), and&nbsp;Microsoft Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/msft#NASDAQ">MSFT</a>).
In the early trade, money flows are neutral in Tesla Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) and Apple Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>).
In the early trade, money flows are positive in SPDR S&amp;P 500 ETF Trust (NYSEARCA:SPY) and Invesco QQQ Trust Series 1 (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qqq#NASDAQ">QQQ</a>).
<h4>Momo Crowd And Smart Money In Stocks</h4>
Investors can gain an edge by knowing money flows in SPY and QQQ. &nbsp;Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil. &nbsp;The most popular ETF for gold is SPDR Gold Trust (ARCA:GLD). &nbsp;The most popular ETF for silver is iShares Silver Trust (ARCA:SLV). &nbsp;The most popular ETF for oil is United States Oil ETF (ASCA:USO).
<h4>Bitcoin</h4>
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is range bound.
<h4>Protection Band And What To Do Now</h4>
It is important for investors to look ahead and not in the rearview mirror.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges.&nbsp; The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.&nbsp; If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash.&nbsp; A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.&nbsp; When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.&nbsp; High beta stocks are the ones that move more than the market.
<h4>Traditional 60/40 Portfolio</h4>
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of seven year duration or less.&nbsp; Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever <a href="https://thearorareport.com/generate-wealth-newsletter-benzinga">Generate Wealth Newsletter</a>.
This article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.

$BTC

AAPL

AMAT

AMZN

GOOG

INTC

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SMCI

Buying On Powell Testimony, Intel Becomes A Favorite AI Play But Chart Has A Lesson For AI Bulls

Shares of Helen of Troy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) fell sharply during Tuesday's session after the company reported soft first-quarter earnings and <a href="https://www.benzinga.com/quote/HELE/earnings">lowered its FY25 guidance</a>.
Helen of Troy reported quarterly earnings of 99 cents per share which missed the analyst consensus estimate of $1.59. The company reported quarterly sales of $416.85 million which missed the analyst consensus estimate of $446.22 million, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Helen of Troy shares dipped 30.3% to $62.06 on Tuesday.
Here are some other stocks moving in today&#8217;s mid-day session.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Soligenix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNGX#NASDAQ">SNGX</a>) shares jumped 195% to $5.90 after the company announced interim results for extended HyBryte treatment in early-stage CTCL patients.</li>
<li>uniQure N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QURE#NASDAQ">QURE</a>) shares jumped 55.4% to $5.87 after the company announced updated interim data including up to 24 months of follow-up data from 29 treated patients enrolled in the ongoing U.S. and European Phase I/II clinical trials of AMT-130 for the treatment of Huntington&#8217;s disease.</li>
<li>Pineapple Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGY#NASDAQ">PEGY</a>) gained 54.4% to $1.8550 after the company engaged Conduit Capital to provide structural internal support, staffing, and assistance with capital-raising activities.</li>
<li>Anew Medical, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WENA#NASDAQ">WENA</a>) rose 40% to $2.0350 after the company announced plans to accelerate its Klotho gene therapy program for neurodegenerative disorders.</li>
<li>Expensify, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXFY#NASDAQ">EXFY</a>) rose 32% to $1.9150.</li>
<li>Longeveron Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGVN#NASDAQ">LGVN</a>) rose 32% to $2.72. Longeveron said Neha Motwani, a senior healthcare investment banker, has been elected to the Longeveron Board of Directors.</li>
<li>Zapp Electric Vehicles Group Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZAPP#NASDAQ">ZAPP</a>) shares rose 31.5% to $12.16 after gaining 127% on Monday.</li>
<li>Silynxcom Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYNX#NASDAQ">SYNX</a>) jumped 29.6% to $3.59 as the company received $500,000 in orders from the Israel Defense Forces.</li>
<li>Janover Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JNVR#NASDAQ">JNVR</a>) rose 25% to $0.9666 after the company announced that its AI loan advisor generated over 4,000 deals worth over $25 billion to date in 2024. Also, the company announced it facilitated nearly $10 million in funded loans this year.</li>
<li>Kymera Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KYMR#NASDAQ">KYMR</a>) gained 21.7% to $38.91.</li>
<li>Jumia Technologies AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JMIA#NYSE">JMIA</a>) climbed 20.7% to $10.22 after Benchmark initiated coverage on the stock with a Buy rating and $14 price target.</li>
<li>Myomo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYO#NASDAQ">MYO</a>) gained 20% to $4.9233. Myomo recently issued preliminary second-quarter revenue guidance above estimates.</li>
<li>ReShape Lifesciences Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RSLS#NASDAQ">RSLS</a>) climbed 19.8% to $0.2450 after the company announced an all-stock merger with Vyome. Additionally, ReShape will sell its assets to an affiliate of Biorad Medisys for $5.16 million.</li>
<li>Arlo Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARLO#NYSE">ARLO</a>) shares rose 14.5% to $15.80 after the company's subscription service surpassed 4 million paid accounts.</li>
<li>Qilian International Holding Group Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QLI#NASDAQ">QLI</a>) gained 12.2% to $4.39.</li>
<li>Larimar Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRMR#NASDAQ">LRMR</a>) rose 9.9% to $9.00.</li>
<li>Revolution Medicines, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RVMD#NASDAQ">RVMD</a>) climbed 9.7% to $43.37.</li>
<li>Beam Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BEEM#NASDAQ">BEEM</a>) shares gained 9.5% to $7.10 after jumping around 18% on Monday. Beam Global recently announced a year-over-year increase in second-quarter new orders.</li>
<li>Cirrus Logic, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRUS#NASDAQ">CRUS</a>) gained 4.4% to $136.15. Keybanc analyst John Vinh maintained Cirrus Logic with an Overweight and raised the price target from $120 to $155.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>China Liberal Education Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLEU#NASDAQ">CLEU</a>) shares declined 41% to $0.3350.</li>
<li>Indivior PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INDV#NASDAQ">INDV</a>) shares dipped 35.3% to $9.93 after the company lowered its FY24 guidance.</li>
<li>Globavend Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GVH#NASDAQ">GVH</a>) fell 32.5% to $0.5555.</li>
<li>Shapeways Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHPW#NASDAQ">SHPW</a>) fell 30.8% to $0.3376 after jumping 132% on Monday.</li>
<li>Qualigen Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QLGN#NASDAQ">QLGN</a>) fell 21.5% to $0.2201.</li>
<li>Clene Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLNN#NASDAQ">CLNN</a>) fell 17.8% to $0.2852. Clene announced a 1-for-20 reverse stock split effective July 11, 2024.</li>
<li>Novo Integrated Sciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVOS#NASDAQ">NVOS</a>) shares fell 16.4% to $0.6315.</li>
<li>Greenlane Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNLN#NASDAQ">GNLN</a>) shares fell 15.8% to $0.2436 after gaining 5% on Monday.</li>
<li>Novo Integrated Sciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVOS#NASDAQ">NVOS</a>) declined 15.7% to $0.6359.</li>
<li>Tonix Pharmaceuticals Holding Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TNXP#NASDAQ">TNXP</a>) fell 15.6% to $0.6010 after the company announced pricing of approximately $4.0 million public offering.</li>
<li>Assure Holdings Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IONM#NASDAQ">IONM</a>) fell 15.4% to $4.83.</li>
<li>Applied Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) declined 14.5% to $6.11. Applied Digital said it sees fourth-quarter revenue of $41.7 million to $43.7 million versus estimates of $52.36 million.</li>
<li>Helios Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HLIO#NYSE">HLIO</a>) shares declined 13.4% to $40.10 after the company announced leadership team update. The company named Sean Bagan as Interim President and CEO.</li>
<li>Hywin Holdings Ltd &#8211; ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HYW#NASDAQ">HYW</a>) shares fell 10.2% to $0.35 after jumping over 25% on Monday.</li>
<li>Cryoport, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYRX#NASDAQ">CYRX</a>) shares declined 8.9% to $5.78.</li>
<li>Logistic Properties of the Americas (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LPA#NYSE">LPA</a>) dipped 8.6% to $9.01.</li>
<li>NWTN Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWTN#NASDAQ">NWTN</a>) fell 7.5% to $1.22.</li>
<li>Albemarle Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALB#NYSE">ALB</a>) fell 7.1% to $92.10. Baird analyst Ben Kallo maintained Albemarle with an Outperform and lowered the price target from $170 to $127.</li>
<li>ChargePoint Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHPT#NYSE">CHPT</a>) declined 7% to $1.7285.</li>
<li>Heartland Express, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTLD#NASDAQ">HTLD</a>) fell 6.3% to $11.43. JP Morgan analyst Brian Ossenbeck downgraded Heartland Express from Neutral to Underweight and lowered the price target from $12 to $10.</li>
<li>UiPath Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) fell 6% to $12.05 after the company announced it plans restructuring actions to manage its operating expenses that includes a 10% workforce reduction.</li>
<li>BP p.l.c. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BP#NYSE">BP</a>) shares fell 4.3% to $34.99 after the company disclosed the trading update for the second quarter of FY24, with oil trading results expected to be weak after a strong first quarter.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39688031/this-bank-of-america-analyst-is-no-longer-bearish-here-are-top-5-upgrades-for-tuesday">This Bank of America Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Tuesday</a></li>
</ul>

Movers

APLD

ARLO

BEEM

CHPT

CLEU

CRUS

CYRX

EXFY

GNLN

HLIO

HTLD

IONM

JMIA

JNVR

KYMR

LGVN

Larimar Therapeutics, Inc. - Common Stock

LRMR

NVOS

NWTN

PATH

Qualigen Therapeutics, Inc. - Common Stock

QLGN

RSLS

RVMD

SHPW

SYNX

TNXP

WENA

ZAPP

Why Helen of Troy Shares Are Trading Lower By Around 30%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining more than 50 points on Tuesday.
The Dow traded down 0.41% to 39,182.94 while the NASDAQ rose 0.28% to 18,455.86. The S&amp;P 500 also rose, gaining, 0.10% to 5,578.67.
Check This Out: <a href="https://www.benzinga.com/news/24/07/39684828/nvidia-to-rally-over-40-here-are-10-top-analyst-forecasts-for-tuesday">Nvidia To Rally Over 40%? Here Are 10 Top Analyst Forecasts For Tuesday</a>
Leading and Lagging Sectors Information technology shares jumped by 0.8% on Tuesday.
In trading on Tuesday, real estate shares fell by 0.9%.
Top Headline
Helen of Troy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) reported soft first-quarter earnings and lowered its FY25 guidance.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Soligenix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNGX#NASDAQ">SNGX</a>) shares shot up 282% to $7.63 after the company announced interim results for extended HyBryte treatment in early-stage CTCL patients.</li>
<li>Shares of Pineapple Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGY#NASDAQ">PEGY</a>) got a boost, surging 50% to $1.7986 after the company engaged Conduit Capital to provide structural internal support, staffing, and assistance with capital-raising activities.</li>
<li>uniQure N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QURE#NASDAQ">QURE</a>) shares were also up, gaining 47% to $5.57 after the company announced updated interim data including up to 24 months of follow-up data from 29 treated patients enrolled in the ongoing U.S. and European Phase I/II clinical trials of AMT-130 for the treatment of Huntington&#8217;s disease.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Indivior PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INDV#NASDAQ">INDV</a>) shares dropped 34% to $10.08 after the company lowered its FY24 guidance.</li>
<li>Shares of Helen of Troy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) were down 30% to $62.41 after the company reported soft first-quarter earnings and lowered its FY25 guidance.</li>
<li>Clene Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLNN#NASDAQ">CLNN</a>) was down, falling 16% to $0.2921. Clene announced a 1-for-20 reverse stock split effective July 11, 2024.</li>
</ul>
Also Check This Out: <a href="https://www.benzinga.com/news/earnings/24/07/39685654/how-to-earn-500-a-month-from-pepsico-stock-ahead-of-q2-earnings-report">How To Earn $500 A Month From PepsiCo Stock Ahead Of Q2 Earnings</a>
Commodities In commodity news, oil traded down 1% to $81.53 while gold traded up 0.1% at $2,366.50.
Silver traded up 0.9% to $31.20 on Tuesday, while copper fell 0.2% to $4.6090.
Euro zone
European shares were lower today. The eurozone's STOXX 600 fell 0.80%, Germany's DAX fell 1.10% and France's CAC 40 fell 1.45%. Spain's IBEX 35 Index declined 1.13%, while London's FTSE 100 fell 0.57%.
Asia Pacific Markets
Asian markets closed mostly higher on Tuesday, with Japan's Nikkei gaining 1.96%, Hong Kong's Hang Seng Index declining 0.01%, China's Shanghai Composite Index climbing 1.26% and India's S&amp;P BSE Sensex gaining 0.49%.
Japanese machine tool orders climbed by 9.7% year-over-year to JPY 133,817 million in June compared to a 4.2% rise in the prior month.
Economics
The NFIB Small Business Optimism Index increased to 91.5 in June from 90.5 in May, recording the strongest reading since the start of the year.
Read This Next: 
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<li><a href="https://www.benzinga.com/news/24/07/39685635/qualcomm-robinhood-and-2-other-stocks-insiders-are-selling">Qualcomm, Robinhood And 2 Other Stocks Insiders Are Selling</a></li>
</ul>

Crude Oil Down 1%; Soligenix Shares Surge

Helen Of Troy Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) shares are plunging after the company reported worse-than-expected first-quarter FY25 earnings and lowered the outlook.
The company reported a first-quarter sales decline of 12.2% year-on-year to $416.85 million, <a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/b39683128/helen-of-troy-limited-reports-first-quarter-fiscal-2025-results" rel="noreferrer noopener">missing the analyst consensus estimate of $445.85 million.</a>
The decrease in sales was primarily driven by a decline in sales of hair appliances, prestige hair care products and humidifiers in Beauty &amp; Wellness, and a decline in Home &amp; Outdoor primarily due to lower replenishment orders from retail customers and the impact of the shipping disruption at the company&#8217;s Tennessee distribution facility due to automation startup issues affecting some of the segment&#8217;s small retail customer and direct-to-consumer orders.
Total net sales revenue for the Home &amp; Outdoor segment declined 8.6% and Beauty &amp; Wellness plunged 15.2%. Adjusted EPS of $0.99 <a href="https://www.benzinga.com/earnings" target="_blank" rel="noreferrer noopener">missed the analyst consensus estimate of $1.59. </a>
Gross profit margin increased 330 basis points to 48.7%. The operating margin contracted 120 basis points to 7.4%, and operating income for the quarter decreased 24% to $30.8 million.
Non-GAAP adjusted EBITDA decreased 27.6% to $52.4 million, with the margin down to 12.6% compared to 15.2%.
The company held $16.1 million in cash and equivalents as of May-end. Net cash provided by operating activities for the quarter was $25.3 million, with a free cash flow of $16.2 million.
&#8220;We are disappointed with the start to our fiscal year. We battled an unusual number of internal and external challenges in the quarter, which resulted in net sales and adjusted EPS below our outlook,&#8221; said CEO Noel M. Geoffroy.
&#8220;Many of these challenges became more pronounced toward the end of the first quarter and some continue to evolve.&#8221;
Inventory was $444.7 million versus $433.9 million in the first quarter of 2024. Helen Of Troy reaffirmed a one-time pre-tax restructuring charges of approximately $50 million &#8211; $55 million over the duration of Project Pegasus, expected to be completed during fiscal 2025.
Outlook: Helen Of Troy lowered the FY25 revenue outlook <a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/b38399318/helen-of-troy-limited-reports-solid-fourth-quarter-fiscal-2024-results" rel="noreferrer noopener">from $1.965 billion &#8211; $2.025 billion</a> to $1.885 billion &#8211; $1.935 billion against an estimate of $1.99 billion.
HELE slashed its FY25 adjusted EPS outlook from $8.70 &#8211; $9.20 to $7.00 &#8211; $7.50 versus an estimate of $8.93.
It lowered FY25 adjusted EBITDA guidance from $324 million-$331 million <a href="https://www.benzinga.com/calendars/guidance">to $287 million-$297 million.</a>
Price Action: HELE shares are trading lower by 30.3% at $62.08 at last check Tuesday.
Image by Lumen Photos via Shutterstock

Equities

Guidance

General

Beauty & Wellness Woes: Helen Of Troy's Stock Dives After Disappointing Q1 And Gloomy Forecast

U.S. stocks traded mixed this morning, with the Dow Jones index falling more than 50 points on Tuesday.
Following the market opening Tuesday, The Dow traded down 0.15% to 39,285.05 while the NASDAQ rose 0.46% to 18,489.15. The S&amp;P 500 also rose, gaining, 0.22% to 5,585.27.
Check This Out: <a href="https://www.benzinga.com/news/24/07/39684828/nvidia-to-rally-over-40-here-are-10-top-analyst-forecasts-for-tuesday">Nvidia To Rally Over 40%? Here Are 10 Top Analyst Forecasts For Tuesday</a>
Leading and Lagging Sectors Communication services shares jumped by 0.9% on Tuesday.
In trading on Tuesday, energy shares fell by 1.2%.
Top Headline
The NFIB Small Business Optimism Index increased to 91.5 in June from 90.5 in May, recording the strongest reading since the start of the year.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Soligenix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNGX#NASDAQ">SNGX</a>) shares shot up 193% to $5.86 after the company announced interim results for extended HyBryte treatment in early-stage CTCL patients.</li>
<li>Shares of Pineapple Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGY#NASDAQ">PEGY</a>) got a boost, surging 54% to $1.85 after the company engaged Conduit Capital to provide structural internal support, staffing, and assistance with capital-raising activities.</li>
<li>uniQure N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QURE#NASDAQ">QURE</a>) shares were also up, gaining 41% to $5.31 after the company announced updated interim data including up to 24 months of follow-up data from 29 treated patients enrolled in the ongoing U.S. and European Phase I/II clinical trials of AMT-130 for the treatment of Huntington&#8217;s disease.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Indivior PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INDV#NASDAQ">INDV</a>) shares dropped 35% to $9.91 after the company lowered its FY24 guidance.</li>
<li>Shares of Helen of Troy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) were down 31% to $61.30 after the company reported soft first-quarter earnings and lowered its FY25 guidance.</li>
<li>Shapeways Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHPW#NASDAQ">SHPW</a>) was down, falling 26% to $0.3613 after jumping 132% on Monday.</li>
</ul>
Also Check This Out: <a href="https://www.benzinga.com/news/earnings/24/07/39685654/how-to-earn-500-a-month-from-pepsico-stock-ahead-of-q2-earnings-report">How To Earn $500 A Month From PepsiCo Stock Ahead Of Q2 Earnings Report</a>
Commodities In commodity news, oil traded down 0.4% to $82.01 while gold traded up 0.2% at $2,367.50.
Silver traded up 1.3% to $31.31 on Tuesday, while copper fell 0.1% to $4.6145.
Euro zone
European shares were lower today. The eurozone's STOXX 600 fell 0.4%, Germany's DAX fell 0.5% and France's CAC 40 fell 1%. Spain's IBEX 35 Index declined 0.8%, while London's FTSE 100 fell 0.3%.
Asia Pacific Markets
Asian markets closed mostly higher on Tuesday, with Japan's Nikkei gaining 1.96%, Hong Kong's Hang Seng Index declining 0.01%, China's Shanghai Composite Index climbing 1.26% and India's S&amp;P BSE Sensex gaining 0.49%.
Japanese machine tool orders climbed by 9.7% year-over-year to JPY 133,817 million in June compared to a 4.2% rise in the prior month.
Economics
The NFIB Small Business Optimism Index increased to 91.5 in June from 90.5 in May, recording the strongest reading since the start of the year.
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Dow Falls Over 50 Points; US Small Business Optimism Surges In June

U.S. stock futures were higher this morning, with the Dow futures gaining around 50 points on Tuesday.
Shares of Indivior PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INDV#NASDAQ">INDV</a>) fell sharply in today's pre-market trading after the company lowered its <a href="https://www.benzinga.com/quote/INDV/earnings">fiscal 2024 guidance.</a>
The company said it now expects 2024 net revenue of $1.15 billion to $1.215 billion, versus prior forecast of $1.24 billion to $1.33 billion.
Indivior shares tumbled 43.2% to $8.71 in the pre-market trading session.
Here are some big stocks recording losses in today's pre-market trading session.
<ul>
<li>Helen of Troy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) shares fell 27.5% to $64.50 in pre-market trading after the company reported downbeat first-quarter results and lowered FY25 guidance.</li>
<li>Helios Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HLIO#NYSE">HLIO</a>) shares declined 10.1% to $41.67 in pre-market trading after the company announced leadership team update. The company named Sean Bagan as Interim President and CEO.</li>
<li>BP p.l.c. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BP#NYSE">BP</a>) shares fell 4.5% to $34.91 in pre-market trading after the company disclosed the trading update for the second quarter of FY24, with oil trading results expected to be weak after a strong first quarter.</li>
<li>Werner Enterprises, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WERN#NASDAQ">WERN</a>) declined 4.4% to $33.33 in pre-market trading.</li>
<li>Heartland Express, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTLD#NASDAQ">HTLD</a>) fell 3.7% to $11.75 in pre-market trading.</li>
<li>NANO Nuclear Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNE#NASDAQ">NNE</a>) declined 3.6% to $28.72 in pre-market trading after gaining around 5% on Monday.</li>
<li>Equinox Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQX#NYSE">EQX</a>) shares slipped 3% to $5.60 in pre-market trading.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/07/39665755/wall-streets-most-accurate-analysts-say-buy-these-3-utilities-stocks-delivering-high-div">Wall Street&#8217;s Most Accurate Analysts Say Buy These 3 Utilities Stocks Delivering High-Dividend Yields</a>
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>

WERN

Indivior Cuts 2024 Outlook, Joins BP And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

WIIM

Helen Of Troy shares are trading lower after the company reported soft Q1 earnings and lowered its FY25 guidance.

The equity market appears to be on track to build on gains, with the major index futures firmly in the green early Tuesday. Traders apparently are discounting a dovish message from Federal Reserve Chairman Jerome Powell on the first day of the semi-annual monetary policy testimony before Congress. In a speech last week, the central bank chief remarked about the<a href="https://www.benzinga.com/markets/equities/24/07/39603097/stocks-hold-steady-as-powell-reassures-on-disinflation-path-warns-about-debt-risks-tesla-rallies"> recent progress on disinflation</a>, which raised hopes of rate cuts this year,
Tech stocks rose ahead of the catalyst and bond yields were modestly higher. The futures market has priced in a pause decision at the July meeting, although assigning a 77% probability for a September rate cut. The imminent release of twin inflation reports over the next two sessions and apprehension ahead of the reporting season could introduce caution, especially as the market trades at overbought levels.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>+0.39%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>+0.24%</td>
</tr>
<tr>
<td>Dow</td>
<td>+0.13%</td>
</tr>
<tr>
<td>R2K</td>
<td>+0.19%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">In premarket trading on Tuesday,&nbsp;the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.23% to $556.53 and the&nbsp;Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) gained 0.38% to $499.22, according to&nbsp;<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.</figcaption></figure>
Cues From Last Session:
Amid a lack of any major catalysts, stocks went about a volatile ride on Monday before closing mostly higher, with IT stocks and defensive lending support. The Nasdaq Composite and the S&amp;P 500 indices stayed mostly in the green before closing modestly higher, setting intraday and closing records,
The 30-stock Dow Jones Industrial Average surrendered its early gains and pulled below the unchanged line by late-morning trading. Moving roughly sideways around the level, the index closed marginally lower.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>+0.28%</td>
<td>18,403.74</td>
</tr>
<tr>
<td>S&amp;P 500 Index</td>
<td>+0.10%</td>
<td>5,572.85</td>
</tr>
<tr>
<td>Dow Industrials</td>
<td>-0.08%</td>
<td>39,344.79</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>+0.59%</td>
<td>2,038.67</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
The recent string of weak economic data has set off alarm bells among economists. Wharton Professor Jeremy Siegel, senior economist to WisdomTree, said in his recent weekly commentary that though a recession is unlikely, he is concerned about the slippage in growth. &#8220;Productivity looks dismal, as many of the large gains in payroll are in low productivity workers,&#8221; he said.
The economist sees the need for an immediate rate cut. &#8220;The Fed should tee up a rate cut at the July 31 meeting for September, and in fact should contemplate a cut at the next meeting if inflation behaves and the economy continues to slip,&#8221; he said.
Siegel expects the market to continue on a bull run, thanks to the prospects of rate cuts, but he said the narrowness of the rally is &#8220;bothersome.&#8221;
But fund manager Louis Navellier is not too concerned about the narrower participation. He expects the stock market to broaden out in the upcoming month, particularly after the Fed commences rate cuts. &#8220;These Fed cuts are essentially the "turbo boost" that the stock market has been waiting for,&#8221; he said.&nbsp; The historical pattern in a Presidential election year is that the stock market rallies right up to the election.&nbsp; Immediately after the election, he added.
See also: <a href="https://www.benzinga.com/money/best-futures-trading-software">Best Futures Trading Software</a>
Upcoming Economic Data:
<ul>
<li>Fed Vice Chair for Supervision Michael Barr is scheduled to speak at 9:15 a.m. EDT.</li>
<li>Powell will testify before the Senate Banking Committee, beginning at 10 a.m. EDT. Treasury Secretary Janet Yellen is also due to speak at 10 a.m. EDT.</li>
<li>The Treasury will auction 52-week bills at 11:30 a.m. EDT and 3-year notes at 1 p.m. EDT.</li>
<li>Fed Governor Michelle Bowman will make a public appearance at 1:30 p.m. EDT.</li>
</ul>
See also: <a href="https://www.benzinga.com/money/best-futures-trading-software">Best Futures Trading Software</a>
Stocks In Focus:
<ul>
<li>Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) extended its gains as its shares rose over 3.50% in premarket trading. Peer Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) also firmed up.</li>
<li>BP p.l.c. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BP#NYSE">BP</a>) fell over 4% after the company said it expects to record an impairment charge of up to $2 billion in the second quarter and a $700 million hit to its oil trading earnings on account of lower refining margins.</li>
<li>Helen of Troy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) and SMART Global Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGH#NASDAQ">SGH</a>) are scheduled to <a href="https://www.benzinga.com/calendars/earnings">release their quarterly results on Tuesday.</a></li>
</ul>
Commodities, Bonds And Global Equity Markets:
Crude oil futures declined for a third straight day, with the black gold pulling back toward the $81-a-barrel mark, while gold futures were recovering from Monday&#8217;s sharp retreat. The benchmark 10-year Treasury note yield rose 2.1 points to 4.28%.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) slipped modestly and traded a little over the $57K level.
The major Asian markets advanced, led by the Japanese and Chinese markets, while the Hong Kong market ended little changed with a negative bias. The markets in the region drew inspiration from the S&amp;P 500&#8217;s record climb. On the other hand, European stocks are lower in early trading as traders continue to make sense of the regional election results and their ramifications for the markets.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39646688/tech-bull-shares-top-stock-picks-for-second-half-of-2024-after-ai-fueled-rally-do-y">Tech Bull Shares Top Stock Picks For Second Half Of 2024 After AI-Fueled Rally: Do You Own These Stocks?</a></li>
</ul>
Image Via Shutterstock

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