Helen of Troy Board Unanimously Rejects Unsolicited Acquisition Proposal from Empower Brands
Helen of Troy Limited has formally rejected an unsolicited, non-binding $37.00 per share cash acquisition proposal from Empower Brands Holdings Group, LLC.
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UBS Maintains Neutral on Helen Of Troy, Raises Price Target to $29
UBS analyst Peter Grom maintains Helen Of Troy (NASDAQ:HELE) with a Neutral and raises the price target from $28 to $29.
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8-K filing — HELEN OF TROY LTD (HELE)
Filed: 2026-11-04 AccNo: 0000916789-26-000141 Size: 7 MB Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
Empower Brands Proposes Acquisition of Helen of Troy
Empower Brands has proposed an all-cash acquisition of Helen of Troy at $37 per share, valuing the company at approximately $1.6 billion.
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Why Helen of Troy Stock Popped Today
Helen of Troy (HELE) stock surged 25% in early trading after beating earnings expectations with $0.79 EPS versus expected $0.51, though sales growth remained modest at 2.1%. The earnings beat was primarily driven by tariff refunds rather than operational performance. The stock settled to a 7.2% gain by late morning. Despite the tariff-driven boost, the company maintains positive free cash flow guidance of $130 million and trades at an attractive sub-5x price-to-free cash flow ratio.
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