Helen of troy ltd reports q4 fiscal 2020 results

Helen of troy limited reports fourth quarter fiscal 2020 results.q4 adjusted non-gaap earnings per share $1.88 from continuing operations.q4 gaap loss per share $0.13 from continuing operations.q4 revenue $442.4 million versus refinitiv ibes estimate of $401.5 million.q4 earnings per share estimate $1.64 -- refinitiv ibes data.defers initiation of fiscal 2021 outlook due to uncertainty from covid-19 pandemic.helen of troy - assets to be divested are intangible assets, inventory, fixed assets related to co's mass channel liquids, powder & aerosol products.expects divestiture to occur within fiscal 2021.now defines core as strategic business that it expects to be an ongoing part of its operations.now defines non-core as business that it expects to divest within a year of its designation as non-core.helen of troy - graduated salary reduction associates, including named executive officers & other members of co's executive leadership team.helen of troy - reduction of external temporary labor & reduced work hours.furlough of associates in specific areas directly tied to sales volume, with assistance to maintain health insurance coverage.reduction of consulting fees and capital expenditures for projects that are not critical.
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