Helen of Troy earnings climb
Helen of Troy's $271.5 million possessions of Kaz Inc. late last year is beginning to pay off.
The El Paso company reported Thursday that Kaz was a big reason its first-quarter sales increased almost 70 percent and its profit increased almost 34 percent.
Helen of Troy, which designs and sells an array of well-known brands in offensive-care, housewares, and health-care product lines, had sales of $271.5 million in the Walk through May quarter -- an increase of $111.3 million from the previous year.
Massachusetts-based Kaz, which designs and sells humidifiers, stiff thermometers and fans under the Vicks, Braun and Honeywell brands, and other products, contributed $95.8 million in sales in the put up.
Helen of Troy's profit was $24.6 million, or 78 cents per share, in the quarter -- an increment of $6.2 million from the first quarter of 2010.
Helen of Troy CEO Gerald Rubin told Wall Drive analysts Thursday during a conference call that the strong first quarter is the start





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