{"id":6402,"date":"2024-08-29T23:30:00","date_gmt":"2024-08-29T16:30:00","guid":{"rendered":"https:\/\/www.globenewswire.com\/news-release\/2024\/08\/29\/2938011\/32716\/en\/Helen-of-Troy-HELE-Crashes-Amid-Distribution-Center-Woes-Hagens-Berman.html2938011"},"modified":"2024-08-29T23:33:50","modified_gmt":"2024-08-29T16:33:50","slug":"helen-of-troy-hele-crashes-amid-distribution-center-woes-hagens-berman","status":"publish","type":"post","link":"https:\/\/cryptoinsider.asia\/vi\/helen-of-troy-hele-crashes-amid-distribution-center-woes-hagens-berman\/","title":{"rendered":"Helen of Troy (HELE) Crashes Amid Distribution Center Woes \u2013 Hagens Berman"},"content":{"rendered":"\n<p align=\"left\">SAN FRANCISCO, Aug. 29, 2024 (GLOBE NEWSWIRE) &#8212; Hagens Berman urges Helen of Troy Ltd. <strong>(NASDAQ: HELE)<\/strong> investors who suffered substantial losses to <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=8HFP0cxXMLWqCQBlfIXTOPIwwRoHpxftxuy7KQXHDMV6K66L76HpnSQsRn-EKM0aMDd3lZ1KNKHyjT9UhP7bBL_V4MzFngqsseK7UnESTeeXlMnUPKqKTL6JGa8Tp7LI\" rel=\"nofollow noopener\" target=\"_blank\" title=\"submit your losses now\">submit your losses now<\/a>. The firm also encourages persons with knowledge who may be able to assist in the investigation to contact its attorneys.<\/p>\n<p><strong>Visit:<\/strong> <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=h6MRDWjh5Qi5MAwjaUkjTSzHBlNEorOWSndNwlu0yuuGvmhngn0OZkskeDNsg-6Johh5v3Z-DTSbN2fRWah2T_YWRMJzBfSXcMdKdQUIP5H_Rcquw1q5j1KyDxYnumDlzDRl7dF1GVWSGtUMzOlfaA==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"www.hbsslaw.com\/investor-fraud\/hele\">www.hbsslaw.com\/investor-fraud\/hele<\/a> <br \/><strong>Contact the Firm Now:<\/strong> <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ZGNvywB02LE4iUAKsSzB4EDq6GkBiC-XgZkfk2YAjTp1VXCvLKmsDdMHgAhXXwC8CKhdT6I4H92jTERW4dA_7A==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"HELE@hbsslaw.com\">HELE@hbsslaw.com<\/a> <br \/>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<strong>844-916-0895<\/strong><\/p>\n<p><strong>Investigation into Helen of Troy Ltd. (HELE):<\/strong><\/p>\n<p>Helen of Troy Ltd. (HELE) finds itself under increased scrutiny regarding the progress of its restructuring plan, particularly the functionality of its recently opened distribution center in Galloway, Tennessee.<\/p>\n<p>Company officials, including CEO Noel Geoffroy, had previously positioned the Tennessee facility, touted as \u201cstate-of-the-art,\u201d as a cornerstone of its strategy to achieve organic sales growth and margin expansion. Public statements, such as one on April 24, 2024, emphasized the distribution center\u2019s role in this plan.<\/p>\n<p>However, questions arose on July 9, 2024, when Helen of Troy\u2019s Q1 2025 earnings report significantly disappointed investors. The company\u2019s organic net sales for Q1 2025 declined by 12.2% year-over-year, while its GAAP consolidated operating margin for the same period dropped to 7.4%, down from the previous year.<\/p>\n<p>Management attributed the weak performance primarily to issues in the Home &amp; Outdoor business segment. According to a company statement, \u201cshipping disruptions at the Company&#8217;s Tennessee distribution facility due to automation startup issues\u201d negatively impacted \u201csome of the segment\u2019s small retail customer and direct-to-consumer orders.\u201d<\/p>\n<p>Furthermore, Helen of Troy lowered its 2025 net sales forecast, citing ongoing challenges at the Tennessee facility as a contributing factor. This news triggered a significant sell-off, with Helen of Troy&#8217;s share price plummeting over 27% on July 9, 2024.<\/p>\n<p>\u201cThe recent performance issues raise concerns about the transparency surrounding the Tennessee distribution center\u2019s capabilities,&#8221; said Reed Kathrein, a partner at Hagens Berman, a law firm specializing in securities litigation.\u201d Kathrein added, \u201cWe are currently looking into whether investors were given an accurate picture of the potential risks associated with the new facility.\u201d<\/p>\n<p>If you invested in Helen of Troy and have substantial losses <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=8HFP0cxXMLWqCQBlfIXTOPIwwRoHpxftxuy7KQXHDMXvLvEdSMSzvLfwkdkbXQXcyJhf5XD4dno5qyLs_7ZDIy75w0sZ-iVeH8Uwuo6bpXq3-fZzbOvy2tYU2c48JWb4\" rel=\"nofollow noopener\" target=\"_blank\" title=\"submit your losses now\">submit your losses now<\/a>. \u00bb<\/p>\n<p>If you\u2019d like more information about the Helen of Troy investigation, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JJ87iL3U-TGiHOs2r4AL_PxoGnWIvzh9BaJum1w1meVMj9XaO6UUjPFcWjF7HD4zBcJYqDuWId46ZLE2w0_3TjoCnAoq5BI0GlqYJYb1m2xlWFZS-c59c7zhFTBXLgSaAf_IoHggH5NTHVC9OOGVLw==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"read more\">read more<\/a><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=dTXujylZF2y_50d49sklp1jE8_fXC4vF16xr_VSmr2-37CKmtILCFAHmbMzSdBFceJRiyCsfsppFEnCkh4rNmMJzaCdFG8misGyQHsMQLrsnlqaIpcxR9uVEwWvAs1hZjbxKjwKEsW5ExLWaDlSdfw==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\u00bb\"> \u00bb<\/a><\/p>\n<p><strong>Whistleblowers: <\/strong>Persons with non-public information regarding Helen of Troy should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at <strong>844-916-0895<\/strong> or email <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ZGNvywB02LE4iUAKsSzB4NUevdIrsdAu23jTGlXAESvT_BCnvTMUD6ccalqko8VvNu_6ByURLNc4Am0Sg-o_7g==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"HELE@hbsslaw.com\">HELE@hbsslaw.com<\/a>.<\/p>\n<p><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=haB8MoBNo1u7XxiotyVTB1uzncHga7sh4jutcVlub9j3XwKZi0Yz7MTQE3-trz_iw70Ug4C4C39n3HxpaB7p_M_-Yi1Zkm5gR8Yoxf_jIsM=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"About Hagens Berman\">About Hagens Berman<\/a><br \/>Hagens Berman is a global plaintiffs\u2019 rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman\u2019s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at&nbsp;<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=nyw_KBBr6dYDPchNIh11CKTiGgBTFlyYHpiLJhR3rDW2HRdEjZVfhS2JJ6geirn6rMryKT6qTGTGqBLcRggC2Q==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"hbsslaw.com\">hbsslaw.com<\/a>. Follow the firm for updates and news at&nbsp;<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Ta5lsLsixgzd9rtZtGZ_4HpeqNVC7YCIFtkZwQlc5uc6Kj5nOmh8Tl0-iQI6OISCbH4NNmPngTkS9TCwSBCweF-8OrEuIx3J8FSHKgxxDOg=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"@ClassActionLaw\">@ClassActionLaw<\/a>.&nbsp;<\/p>\n<p><u>Contact: <\/u><br \/>Reed Kathrein, 844-916-0895<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/ZTJhZjY4NDEtYTI2Yy00ZGNkLTgxNjMtMWE0OTczODRkMTEzLTEwMzAxMDU=\/tiny\/Hagens-Berman-Sobol-Shapiro-LL.png\" referrerpolicy=\"no-referrer-when-downgrade\">  <\/p>\n","protected":false},"excerpt":{"rendered":"<p> HELE Investors with Losses Encouraged to Contact the FirmSAN FRANCISCO, Aug. 29, 2024 (GLOBE NEWSWIRE) &#8212; Hagens Berman urges Helen of Troy Ltd. (NASDAQ: HELE) investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may be able to assist in the investigation to contact its attorneys. Visit: www.hbsslaw.com\/investor-fraud\/hele Contact the Firm Now: HELE@hbsslaw.com \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0&#8230;<\/p>\n","protected":false},"author":1,"featured_media":6403,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[75,1406],"tags":[],"class_list":["post-6402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-globenewswire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Helen of Troy (HELE) Crashes Amid Distribution Center Woes \u2013 Hagens Berman<\/title>\n<meta name=\"description\" content=\"HELE Investors with Losses Encouraged to Contact the FirmSAN FRANCISCO, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Helen of Troy Ltd. 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Visit: www.hbsslaw.com\/investor-fraud\/hele Contact the Firm Now: HELE@hbsslaw.com \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoinsider.asia\/vi\/helen-of-troy-hele-crashes-amid-distribution-center-woes-hagens-berman\/\" \/>\n<meta property=\"og:site_name\" content=\"Crypto Insider\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/yourcryptoinsider\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-29T16:30:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-29T16:33:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ml.globenewswire.com\/media\/ZTJhZjY4NDEtYTI2Yy00ZGNkLTgxNjMtMWE0OTczODRkMTEzLTEwMzAxMDU=\/tiny\/Hagens-Berman-Sobol-Shapiro-LL.png\" \/>\n<meta name=\"author\" content=\"Crypto Insider\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u0110\u01b0\u1ee3c vi\u1ebft b\u1edfi\" \/>\n\t<meta name=\"twitter:data1\" content=\"Crypto Insider\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u01af\u1edbc t\u00ednh th\u1eddi gian \u0111\u1ecdc\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 ph\u00fat\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cryptoinsider.asia\\\/vi\\\/helen-of-troy-hele-crashes-amid-distribution-center-woes-hagens-berman\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptoinsider.asia\\\/vi\\\/helen-of-troy-hele-crashes-amid-distribution-center-woes-hagens-berman\\\/\"},\"author\":{\"name\":\"Crypto Insider\",\"@id\":\"https:\\\/\\\/cryptoinsider.asia\\\/#\\\/schema\\\/person\\\/e81ca31713268a414ddbed321d3383d6\"},\"headline\":\"Helen of Troy (HELE) Crashes Amid Distribution Center Woes \u2013 Hagens Berman\",\"datePublished\":\"2024-08-29T16:30:00+00:00\",\"dateModified\":\"2024-08-29T16:33:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cryptoinsider.asia\\\/vi\\\/helen-of-troy-hele-crashes-amid-distribution-center-woes-hagens-berman\\\/\"},\"wordCount\":541,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/cryptoinsider.asia\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/cryptoinsider.asia\\\/vi\\\/helen-of-troy-hele-crashes-amid-distribution-center-woes-hagens-berman\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptoinsider.asia\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/helen-of-troy-hele-crashes-amid-distribution-center-woes-hagens-berman.gif\",\"articleSection\":[\"Business\",\"GlobeNewswire\"],\"inLanguage\":\"vi\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/cryptoinsider.asia\\\/vi\\\/helen-of-troy-hele-crashes-amid-distribution-center-woes-hagens-berman\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cryptoinsider.asia\\\/vi\\\/helen-of-troy-hele-crashes-amid-distribution-center-woes-hagens-berman\\\/\",\"url\":\"https:\\\/\\\/cryptoinsider.asia\\\/vi\\\/helen-of-troy-hele-crashes-amid-distribution-center-woes-hagens-berman\\\/\",\"name\":\"Helen of Troy (HELE) Crashes Amid Distribution Center Woes \u2013 Hagens Berman - 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