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Sales are lower in 3Q, nine-month report
January 12, 2009
By: TOM BRANNA
Editor
Household and personal care marketer Helen of Troy Limited posted its sales and net earnings for the third quarter ended November 30, 2008. Third quarter sales dropped 11.8% to $185.6 million, as compared to the same period of the prior year. Net earnings slipped 5% to $15 million. The decline in sales reflects the impact of the deteriorating global economic conditions on the retail consumer, a compressed and highly promotional holiday shopping season in the U.S., says the company, and the...
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