Helen of Troy Limited (NASDAQ: HELE) Investor Alert: Deadline in Lawsuit on August 3, 2026

A deadline is coming up on August 3, 2026 in the lawsuit filed for certain investors of Helen of Troy Limited (NASDAQ: HELE) over alleged securities laws violations by Helen of Troy Limited.

Investors who purchased shares of Helen of Troy Limited (NASDAQ: HELE) have certain options and there are strict and short deadlines running. Deadline: August 3, 2026. Helen of Troy Limited (NASDAQ: HELE) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

El Paso, TX based Helen of Troy Limited operates as a consumer products company in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

In fiscal year 2023, Helen of Troy's then COO, and later CEO, Noel Geoffroy initiated the Project Pegasus, a "global restructuring program focused on both efficiency and effectiveness." As a part of this initiative, the Company invested in a new distribution center in Tennessee to support its targeted growth.

Helen of Troy Limited (NASDAQ: HELE) reported that its Total Revenue rose from over $1.9 billion for the 12 months period that ended on February 28, 2025, to over $1.78 billion for the 12 months period that ended on February 28, 2026, and that its Net Income of $123.75 million for the 12 months period that ended on February 28, 2025 turned into a Net Loss of $898.98 million for the 12 months period that ended on February 28, 2026

On July 9, 2024, Helen of Troy Limited announced its results for the first quarter of 2025, reporting earnings per share had declined by a staggering 49% from the prior year, and reducing full-year revenue outlook by over 20%. The Company attributed the poor financial results to an "unusual number of internal and external challenges," delaying the long-awaited delivery of savings from the Company's strategic plan.

Then, on May 2, 2025, Helen of Troy Limited announced the sudden departure of its CEO, Noel Geoffroy, who spearheaded Project Pegasus and was only appointed as CEO 14 months prior.

Months later, 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's interim CEO-CFO Brian Grass-conceded that Helen of Troy had become "too complicated and lost focus," which "created unnecessary sprawl and [the Company] became scattered in terms of priorities."

Then, on October 9, 2025, during his first earnings call as CEO, G. Scott Uzzell reported Helen of Troy's 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's underperformance, stating that Helen of Troy "earned [its] way into a difficult period."

Shares of Helen of Troy Limited (NASDAQ: HELE) declined from $110.76 per share on May 14, 2024, to as low as $13.85 per share on March 27, 2026.

According to the complaint filed in the U.S. District Court for the Western District of Texas the plaintiff alleges on behalf of purchasers of Helen of Troy Limited (NASDAQ: HELE) common shares between April 24, 2024, and October 8, 2025, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between April 24, 2024, and October 8, 2025, the Defendants made materially false and misleading statements and/or failed to disclose that Helen of Troy overstated the success and benefits of its Project Pegasus initiative, touting the "fuel" it was generating while downplaying issues such as "implementation hiccups" at its Tennessee distribution center and assuring investors that the project was progressing and delivering cost-saving efficiencies, that in reality, Project Pegasus was not delivering the efficiencies Defendants claimed, as the Company lacked sufficient resources and budget to achieve its stated restructuring and cost-savings goals, and that as a result, Defendants' statements about the Company's business, operations, and prospects were materially false and misleading at all relevant times.

Those who purchased shares of Helen of Troy Limited (NASDAQ: HELE) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.