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Stocks To Watch - July 10 (HELE, WDFC)

Helen of Troy Limited (HELE) and WD-40 Company (WDFC) may be worth watching today for the reasons mentioned below:

Helen of Troy Limited (HELE), which sells personal, home care and beauty products reported upbeat first quarter results and updated fiscal 2020 outlook.

Revenue for the year 2020 is now expected in the range of $1.590 to $1.620 billion vs. analysts expectation of $1.59 billion. Adjusted EPS from continuing operations are expected in the range of $8.40 to $8.65. Analysts expect $8.38 for the year.

The company reported first quarter adjusted EPS from continuing operations of $2.06, increased 10.2% from $1.87 last year. Analysts expected EPS of $1.68. Net sales for the quarter increased 6.1% to $376.3 million compared to $354.7 million a year ago. Analysts estimated $351.53 million.

WD-40 Company (WDFC), a specialty chemicals company, had a stellar performance in the third quarter and updated fiscal year 2019 outlook.

EPS for the year 2019 are now expected in the range of $4.58 to $4.65 vs. analysts expectation of $4.65. Sales are expected to be between $425 million and $437 million. Analysts expect $423.29 million sales for the year.

EPS in the third quarter rose to 1.30 from $1.15 reported in the year-earlier period. Analysts expectation was $1.22. Sales increased 7% to 113.99 million from $107.03 million a year ago. Analysts expected $109 million.

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