Helen of Troy Has Record Fourth Quarter

Helen of Troy Limited—the El Paso, TX-based company behind the Brut, Vitalis and Ogilive brands—said it recorded record fourth quarter net sales revenue and record net income and improved net sales revenue and improved net income for the fiscal year ended February 28, 2010.

Fourth quarter net sales revenue in the personal care segment rose 8.7% to $102.1 million compared to $93.9 million for the same period last year, reflecting the acquisition of the Infusium 23 hair care business on March 31, 2009, partially offset by a still challenging retail environment, according to the company.

For the fiscal year, net sales of the personal care segment rose 0.4% to $449.1 million compared to $447.2 million for the same period last year.

“We are very pleased with our fourth quarter results. We continue to make progress in achieving our strategic business objectives initiated during the past year,” said Gerald J. Rubin, chairman, chief executive officer and president. “On March 31, 2010, we utilized $69,000,000 of our available cash to acquire the Pert Plus and Sure brands from Innovative Brands, LLC. We anticipate that our Pert Plus and Sure brands will be immediately accretive to earnings.”