NEW YORK, NY / ACCESSWIRE / August 21, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Helen of Troy Limited ("Helen of Troy Limited") (NASDAQ:HELE) concerning possible violations of federal securities laws.
On July 9, 2024, before market open, Helen of Troy announced 1Q25 financial results and then reduced its revenue guidance for the 2Q and full fiscal year 2025. In pertinent part, the Company told investors that the "macro environment and the health of consumers and retailers has worsened," causing the volume of sales to decline. Analysts questioned management over their visibility into earnings and potential problems in the future.
Helen of Troy's stock price opened at $62.00 per share compared to $89.04 per share at close on June 8, 2024. To obtain additional information, go to:
https://zlk.com/pslra-1/helen-of-troy-limited-lawsuit-submission-form?prid=97153&wire=1
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP