• Helen of Troy Limited posted a 10.6% rise in total sales to $374.6 million for the third quarter of fiscal 2013. The increase was attributable to higher sales in the health care segment, driven by sales increase from the acquisition of the Pur water filtration business in December 2011.
Personal care sales declined marginally by 0.2% to $148.6 million in the third quarter of fiscal 2013. However, personal care results contributed positively to earnings, according to the company.
In other news, Helen of Troy will purchase 84 acres of land and construct a new 1.3 million sq.-ft. distribution center in Olive Branch, MS, for about $37 million. The company expects the new distribution center to be ready for operation in the third quarter of fiscal 2014.
Personal Care Sales Flat At Helen of Troy
Published February 13, 2013
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