海伦特洛伊家电- HELE -2027年第一季度业绩电话会

00:00:00 Greetings, welcome to Helen of Troy's limited first quarter fiscal.27 earnings call at thistime, all participants will be in the listen only mode. 00:00:08 Question and answer session we'follow today's formal presentation.If anyone shouldrequire operator assistance during the conference.Please press star zero from yourtelephone keypad.Please note this conference is being recorded. 00:00:21 At this time, I'll turn the conference over to Ann racunis, director of externalcommunications. 00:00:26 Thank you, and you may now begin.Thank you, operator. Good morning, everyone.Welcome to Helen of Troy's first quarter fiscal 27 earnings conference call. The agenda forthe call this morning is as follows. I will begin with a brief discussion of forward lookingstatements. Scott is ze, our CEO, will then share his thoughts in areas of focus. And Briangrass, our CFO, will provide an overview of our financial performance in the first quarterand outline our expectations for the full year fiscal 27. 00:00:55 Following our prepared remarks, we'll open up the call for q and a. 00:00:59 This conference call may contain forward looking statements that are based onmanagement's current expectations with respect to future events or financial performance. 00:01:07 Generally, the words anticipates believes expects and other similar words are wordsidentifying forward looking statements. Forward looking statements are subject to anumber of risks and uncertainties that could cause anticipated results to differ materiallyfrom the actual results. 00:01:23 This conference call may also include information that may be considered non GAAPfinancial information. These non GAAP measures are not an alternative to GAAP financialinformation and may be calculated differently than the non GAAP financial information disclosed by other parties. 00:01:38 The company cautions listeners not to place undue reliance on forward looking statementsor non GAAP information. 00:01:45 Before I turn the call over to Scott, I would like to inform all interested parties that a copy oftoday's earnings release can be found on the investor relations section of our website, byscrolling to the bottom of the homepage. The earnings release contains tables that reconcilenon GAAP financial measures to their corresponding GAAP based measures. We've alsoposted an investor presentation to our website, and with that, I will now turn theconference call over to Scott. Good morning everyone.Thank you for joining us.When we last spoke we laid out ourambition to be a better company on the road to being a bigger company.Today I want toshare our progress on being a better Helena Troy. 00:02:24 We are focused on getting closer to the consumer, sharpening how we business, how we runour business. 00:02:30 We're starting to see early evidence we're making progress. Our quarter one sales resultscame in ahead of our expectations across both our business segments. Our margin EPSperformance reflects deliberate investment in brands, innovations and people as we focuson building more consistent, durable enterprise, not just a quarter or two of improvement. 00:02:51 While we're encouraged by a solid start to the fiscal year, we remain clear eyed. This is thefirst year of a multiyear road map. 00:02:59 One we laid out for you In April at our April earnings call, we're focused on the work to bedone to make hell and Troy reach our potential. 00:03:08 The long term lens is particularly important as we continue to navigate a dynamic operatingenvironment.The consumer remains under pressure and we're managing through a morevolatile cost environment. 00:03:20 We're taking disciplined actions to balance near term margin pressures while positioningthe business for the long term. 00:03:27 As we've said before, we cannot control the macros, but we can control how we executewithin it and while we're executing well and where we're executing well, we are winning. 00:03:38 Our North America POS, these are track channels, we saw consolidated growthyearoveryear concentrated in Braun, osprey, oxo and olive In June. 00:03:48 On a sequential basis, compared to fourth quarter, trends improved in key areas, with thebiggest improvement in video and wellness. 00:03:55 Some brand call outs include osprey's daylight and transporter expandable travel packs thatdeliver consumer relevant solutions, seamlessly converting from a personal item to an air. 00:04:10 Airline approved carry on this is differentiated innovation over delivering against financialtargets and driving meaningful share gains. 00:04:19 Oxo successfully extended the brand's award winning performance and intuitive design intothe high growth pet category with a range of new products spanning feeding bowls, stands,mats, storage solutions, positioning the brand to capture incremental demand in expandingadjacent categories. 00:04:39 Bronze blood pressure monitors launched the mass channels last fall. They com