海伦特洛伊家电 2026年季度报告

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). Yes☐No☒ As ofJanuary 2, 2026,there were23,072,103common shares, $0.10 par value per share, outstanding. Table of Contents HELEN OF TROY LIMITED AND SUBSIDIARIES Note 1- Basis of Presentation and Related Information Corporate Overview The accompanying condensed consolidated financial statements contain all adjustments (consisting of normalrecurring adjustments) necessary to present fairly our consolidated financial position as of November 30, 2025and February 28, 2025, and the results of our consolidated operations for the interim periods presented. Wefollow the same accounting policies when preparing quarterly financial data as we use for preparing annual When used in these notes, unless otherwise indicated or the context suggests otherwise, references to “theCompany”, “our Company”, “Helen of Troy”, “we”, “us”, or “our” refer to Helen of Troy Limited and itssubsidiaries, which are all wholly-owned. We refer to our common shares, par value $0.10 per share, as“common stock.” References to “fiscal” in connection with a numeric year number denotes our fiscal yearending on the last day of February, during the year number listed. References to “the FASB” refer to the We incorporated as Helen of Troy Corporation in Texas in 1968 and were reorganized as Helen of Troy Limitedin Bermuda in 1994. We are a leading global consumer products company offering creative products andsolutions for our customers through a diversified portfolio of brands. Our portfolio of brands includes OXO,Hydro Flask, Osprey, Vicks, Braun, Honeywell, PUR, Hot Tools, Drybar, Curlsmith, Revlon and Olive & June, Our Home & Outdoor segment offers a broad range of outstanding world-class brands that help consumersenjoy everyday living inside their homes and outdoors. Our innovative products for home activities include foodpreparation and storage, cooking, cleaning, organization, and beverage service. Our outdoor performancerange, on-the-go food storage, and beverageware includes lifestyle hydration products, coolers and foodstorage solutions, backpacks, and travel gear. The Beauty & Wellness segment provides consumers with abroad range of outstanding world-class brands for beauty and wellness. In Beauty, we deliver innovation Our business is seasonal due to different calendar events, holidays and seasonal weather and illness patterns.Our fiscal reporting period ends on the last day in February. Historically, our highest sales volume andoperating income occur in our third fiscal quarter ending November 30th. We purchase our products from Table of Contents On December 16, 2024, we completed the acquisition of Olive & June, LLC (“Olive & June”), an innovative,omni-channel nail care brand. The Olive & June brand and products were added to the Beauty & Wellnesssegment. The total purchase consideration consists of initial cash consideration of $224.7million, which is netof cash acquired and a favorable post-closing adjustment of $3.9million, and contingent cash consideration of Principles of Consolidation The accompanying condensed consolidated financial statementsare prepared in accordance with GAAP andinclude all of our subsidiaries. Our condensed consolidated financial statements are prepared in U.S. Dollars. The preparation of consolidated financial statements in accordance with GAAP requires management to makeestimates and assumptions that affect the amounts reported in our condensed consolidated financial Note 2 - New Accounting Pronouncements Except for the changes discussed below, there have been no changes in the information provided in our Form Not Yet Adopted In July 2025, the FASB issued ASU 2025-05,Financial Instruments – Credit Losses (Topic 326): Measurementof Credit Losses for Accounts Receivable and Contract Assets, which permits entities to elect a practicalexpedient to assume current conditions as of the balance sheet date will not change for the remaining life ofaccounts receivable and contract assets when developing forecasts as part of estimating expected creditlosses. The amendments in ASU 2025-05 are effective for fiscal years beginning after December 15, 2025, and In September 2025, the FASB issued ASU 2025-06,Intangibles – Goodwill and Other – Internal-Use Software(Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software, which removes allreferences to sof