Helen of Troy Ltd (HELE) Monday reported fourth-quarter net income of $31.5 million or $0.98 per share, up from $29.3 million or $0.92 per share last year.
On average, four analysts polled by Thomson Reuters expect earnings of $0.94 per share for the year. Analysts' estimates typically exclude special items.
Net revenues for the quarter grew 10.9 percent to $326.0 million from $294.0 million last year. Wall Street estimated revenues of $318.93 million for the quarter.
Gross margin dropped to 40.4 percent from 41.9 percent last year, reflecting product cost increases across all segments.
For fiscal year 2014, the company expects earnings of $3.50 to $3.60 per share and revenue of $1.29 billion to $1.32 billion. Analysts currently estimate earnings of $3.83 per share on revenues of 1.33 billion for the year.
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