HELEN OF TROY LTD
For the period ended Feb 28, 2025. Filed Apr 24, 2025.
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FY2025 · Filed Apr 24, 2025
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Table of Contents
| PAGE | |||
|---|---|---|---|
| PART I | Item 1. | Business | 3 |
| Item 1A. | Risk Factors | 12 | |
| Item 1B. | Unresolved Staff Comments | 31 | |
| Item 1C. | Cybersecurity | 31 | |
| Item 2. | Properties | 33 | |
| Item 3. | Legal Proceedings | 33 | |
| Item 4. | Mine Safety Disclosures | 34 | |
| PART II | Item 5. | Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | 35 |
| Item 6. | [Reserved] | 37 | |
| Item 7. | Management's Discussion and Analysis of Financial Condition and Results of Operations | 38 | |
| Item 7A. | Quantitative and Qualitative Disclosures About Market Risk | 68 | |
| Item 8. | Financial Statements and Supplementary Data | 71 | |
| Item 9. | Changes in and Disagreements with Accountants on Accounting and Financial Disclosure | 126 | |
| Item 9A. | Controls and Procedures | 126 | |
| Item 9B. | Other Information | 126 | |
| Item 9C. | Disclosure Regarding Foreign Jurisdictions that Prevent Inspections | 126 | |
| PART III | Item 10. | Directors, Executive Officers and Corporate Governance | 127 |
| Item 11. | Executive Compensation | 127 | |
| Item 12. | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters | 127 | |
| Item 13. | Certain Relationships and Related Transactions, and Director Independence | 127 | |
| Item 14. | Principal Accountant Fees and Services | 127 | |
| PART IV | Item 15. | Exhibits and Financial Statement Schedules | 128 |
| Signatures | 130 | ||
EXPLANATORY NOTE
In this Annual Report on Form 10-K (the “Annual Report”), which includes the accompanying consolidated financial statements and notes, unless otherwise indicated or the context suggests otherwise, references to “the Company”, “our Company”, “Helen of Troy”, “we”, “us”, or “our” refer to Helen of Troy Limited and its subsidiaries. We refer to our common shares, par value $0.10 per share, as “common stock.” References to “EMEA” refer to the combined geographic markets of Europe, the Middle East and Africa. We use product and service names in this Annual Report for identification purposes only and they may be protected in the United States and other jurisdictions by trademarks, trade names, service marks, and other intellectual property rights of ours and other parties. The absence of a specific attribution in connection with any such mark does not constitute a waiver of any such right. All trademarks, trade names, service marks, and logos referenced herein belong to their respective owners. References to “fiscal” in connection with a numeric year number denotes our fiscal year ending on the last day of February, during the year number listed. References to “the FASB” refer to the Financial Accounting Standards Board. References to “GAAP” refer to accounting principles generally accepted in the United States of America (the “U.S.”). References to “ASU” refer to the codification of GAAP in the Accounting Standards Updates issued by the FASB. References to “ASC” refer to the codification of GAAP in the Accounting Standards Codification issued by the FASB.
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