Inflation from tariffs should hit this year, consumer-brands company says

ETResizeListen(4 min)Helen of Troy’s stock was falling toward a 14-year low Thursday, after the company reported that tariff-related impacts hurt consumer spending and led to a sales miss and a downbeat outlook

Photo: Helen of Troy Ltd

S of Helen of Troy Ltd

Tumbled toward a 14-year low Thursday after the consumer-brands company missed quarterly fit expectations by the widest margin in years and in effect blamed tariffs for sales falling below expectations

The company HELE, with brands including Oxo, Revlon, Hydro Flask and Vicks, also vided a sales outlook for the current quarter that was well below Wall Street forecasts, as tariff-related pressures are expected to start affecting consumer spending

The Author Tomi KilgoreTomi Kilgore is MarketWatch's deputy and corporate news editor and is based in New York

You can him on Twitter @TomiKilgore

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