{"id":15163,"date":"2026-06-03T04:41:00","date_gmt":"2026-06-03T02:41:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=9b04322666e2903eafe28dacc996c1d7"},"modified":"2026-06-03T04:41:00","modified_gmt":"2026-06-03T02:41:00","slug":"shareholder-notice-robbins-llp-informs-investors-of-the-helen-of-troy-limited-class-action","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=15163","title":{"rendered":"Shareholder Notice: Robbins LLP Informs Investors of the Helen of Troy Limited Class Action"},"content":{"rendered":"

SAN DIEGO--(BUSINESS WIRE)--$HELE<\/a> #Helenoftroylimited<\/a>--Robbins LLP<\/a> informs stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Helen of Troy Limited (NASDAQ: HELE) common stock between April 24, 2024 and October 8, 2025. Helen of Troy markets a variety of consumer goods across several segments.<\/p><\/a><\/a>

For more information, submit a form<\/a>, email<\/a> attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.<\/p>

The Allegations:<\/b> Robbins LLP is Investigating Allegations that Helen of Troy Limited (HELE) Misled Investors Regarding the Ability of Project Pegasus to Improve Efficiency and Effectiveness<\/p>

According to the complaint, in fiscal year 2023, Helen of Troy\u2019s then COO, and later CEO, Noel Geoffroy initiated Project Pegasus, a \u201cglobal restructuring program that focused on both efficiency and effectiveness.\u201d As a part of this initiative, the Company invested in a new distribution center in Tennessee to support its targeted growth.<\/p>

Plaintiff alleges that during the class period, the Company boasted about the \u201cfuel\u201d it was generating from Project Pegasus. Although Helen of Troy admitted to some speed bumps in Project Pegasus, specifically citing \u201cimplementation hiccups\u201d with its new Tennessee distribution center, defendants assured investors that \u201cdespite the delayed savings related to our Tennessee distribution center, Project Pegasus continues to move forward. We have made good progress on the cost of goods sold work streams, implementing multiple projects that reduce costs and simplify our supplier base.\u201d In reality, Project Pegasus was not delivering the efficiencies that defendants touted. Rather, unknown to investors, Helen of Troy did not have enough resources or the budget to achieve its stated restructuring or savings goals.<\/p>

Plaintiff further alleges that on July 10, 2025, Helen of Troy revealed that its net sales for the first quarter of fiscal 2026 had declined 11% year-over-year and its adjusted earnings per share had shrunk by nearly 60% compared to the prior year. The Company also disclosed a $414.4 million goodwill impairment, which it attributed to its continued decelerating revenue growth. The Company\u2019s interim CEO\u2014CFO Brian Grass\u2014conceded that Helen of Troy had become \u201ctoo complicated and lost focus,\u201d which \u201ccreated unnecessary sprawl and [the Company] became scattered in terms of priorities.\u201d As a result of these disclosures, the price of Helen of Troy shares declined by $7.04 per share, or 22.7%.<\/p>

Then, on October 9, 2025, during his first earnings call as CEO, G. Scott Uzzell reported Helen of Troy\u2019s second quarter results for fiscal year 2026, announcing that quarterly sales were down 8.9% year-over-year, adjusted earnings per share plummeted by 51%, and that these results were caused by significant business disruptions and cost headwinds which the Company expects to persist for the remainder of the year. Uzzell acknowledged Helen of Troy\u2019s underperformance, stating that Helen of Troy \u201cearned [its] way into a difficult period.\u201d These disclosures caused Helen of Troy\u2019s stock price to decline by $6.90 per share, or 25%.<\/p>

What Now<\/b>: You may be eligible to participate in the class action against Helen of Troy Limited. Shareholders who wish to serve as lead plaintiff for the class should contact Robbins LLP. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here<\/a>.<\/p>

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.<\/b><\/i><\/p>

About Robbins LLP<\/b>: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP<\/a> have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.<\/p>

To be notified if a class action against Helen of Troy Limited settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch<\/a> today.<\/p>

Attorney Advertising. Past results do not guarantee a similar outcome.<\/p> Contacts<\/b>

Aaron Dumas, Jr.Robbins LLP5060 Shoreham Pl., Ste. 300San Diego, CA 92122adumas@robbinsllp.com<\/a>(800) 350-6003www.robbinsllp.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

SAN DIEGO–(BUSINESS WIRE)–$HELE #Helenoftroylimited–Robbins LLP informs stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Helen of Troy Limited (NASDAQ: HELE) common stock between April 24, 202…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15163","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/15163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15163"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/15163\/revisions"}],"predecessor-version":[{"id":15164,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/15163\/revisions\/15164"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}