Helen of Troy (NASDAQ:HELE) has announced its financial results for the first quarter of fiscal 2025, reporting a 12.2% decrease in consolidated net sales, which totaled $416.8 million.

The company's GAAP diluted earnings per share (EPS) also saw a significant decline, dropping to $0.26 from $0.94 in the same quarter the previous year.

Despite the decrease in net sales and EPS, Helen of Troy observed an increase in its gross profit margin, which rose by 330 basis points to 48.7%.

While the company's operating margin contracted to 7.4% from 8.6%, net cash from operations decreased to $25.3 million.