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Helen of Troy posts $899M net loss due to write-down but eyes 50% upside on supply chain shifts.

Market News
01 Jul 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Helen of Troy Limited reported a $899 million net loss mainly due to an $885.86 million write-down of goodwill and intangible assets. Despite this, the company generated $131.9 million in free cash flow, which helped reduce debt by $136 million. The firm is restructuring its supply chain to reduce reliance on China to below 20% by 2027, aiming to restore margins as tariffed inventory is depleted and new sourcing increases to 55%. Trading at a lower EV/EBITDA multiple than peers, Helen of Troy is positioned for margin recovery and potential stock re-rating driven by tariff mitigation and supply chain improvements.

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Sanofi publishes Q2 2026 financial memo ahead of July 30 earnings release

Sanofi publishes Q2 2026 financial memo ahead of July 30 earnings release

Sanofi has released its Q2 2026 aide-mémoire document on its investor website to assist financial modeling for the upcoming quarterly results. This memo includes details on non-comparable items, currency impacts, and share count. The full Q2 2026 ear...

Company Fundamentals
Neutral
1 hour ago
Abivax temporarily suspends trading on Euronext Paris amid US share offering process

Abivax temporarily suspends trading on Euronext Paris amid US share offering process

Abivax, a clinical-stage biotech company, has temporarily suspended trading of its ordinary shares on Euronext Paris starting July 1, 2026, at 9:00 CEST. This suspension is at Abivax's request to facilitate the confirmation of allocations and final t...

Market News
Neutral
1 hour ago
Global human fibrinogen concentrate market to reach $2.78B by 2035 with 11.3% CAGR, driven by rising bleeding disorders and surgeries.

Global human fibrinogen concentrate market to reach $2.78B by 2035 with 11.3% CAGR, driven by rising bleeding disorders and surgeries.

The global human fibrinogen concentrate market is projected to grow from approximately $0.95 billion in 2025 to $2.78 billion by 2035, at a compound annual growth rate (CAGR) of 11.3%. This growth is fueled by increasing cases of bleeding disorders, ...

Market News
Bullish
2 hours ago
Forward Industries reports 73.8M shares outstanding and details options, RSUs, and warrants as of July 1, 2026.

Forward Industries reports 73.8M shares outstanding and details options, RSUs, and warrants as of July 1, 2026.

Forward Industries, Inc. announced that as of July 1, 2026, it has 73,846,883 common shares outstanding after repurchasing 13,316,224 shares. The company also has outstanding options to purchase 1,811,666 shares, restricted and performance stock unit...

Market News
Neutral
2 hours ago
Disney and Blue Star Families host Toy Story 5 screening honoring military families with special gifts and community events.

Disney and Blue Star Families host Toy Story 5 screening honoring military families with special gifts and community events.

Disney and Blue Star Families held a special screening of Toy Story 5 at Camp Pendleton for nearly 500 military family members, featuring appearances by characters and giveaways. Disney CEO Josh D’Amaro surprised attendees with Disneyland tickets to ...

Others
Bullish
2 hours ago
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