Earnings Results: Helen of Troy stock rallies on profit forecast; CEO to retire next year

United States

Shares of Helen of Troy Ltd. rose after hours on Wednesday after the designer of home and wellness products released a full-year profit forecast and fourth-quarter results that came in above Wall Street’s expectations.

The company — which sells products like Revlon cosmetics, Pur water filters and Oxo food-storage containers, as well as things like humidifiers — also announced that its chief executive, Julien Mininberg, plans to retire on Feb. 29, 2024, and that its board had appointed Noel Geoffroy, currently chief operating…