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Helen of Troy, which owns OXO and Osprey among other consumer goods and beauty brands, is laying off 10% of its staff, in the face of sluggish demand and economic uncertainty.
Helen of Troy, which owns OXO and Osprey among other consumer goods and beauty brands, is laying off 10% of its staff, in the face of sluggish demand and economic uncertainty.
Image source: Getty Images. Helen of Troy in limbo. While earnings underwhelmed last month, it was really the prospect of tariffs that accounted for the bulk of the stock's decline.
Helen of Troy shares cratered more than 30% Tuesday after the consumer products firm posted lower-than-expected results and slashed its outlook on falling demand for its beauty and wellness products.
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 ...