December 23, 2024

Helen of Troy’s stock plunges, as health of consumers and retailers has worsened

 Helen of Troy’s stock plunges, as health of consumers and retailers has worsened

Helen of Troy’s stock plunges, as health of consumers and retailers has worsened

Helen of Troy’s stock plummeted toward a record one-day selloff Tuesday, after the consumer products company reported a big fiscal first-quarter earnings miss and slashed its full-year outlook, amid particular weakness in its beauty and wellness business.