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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (16147)	7/9/2003 11:11:37 AM
From: - with a K	Read Replies (1) of 78473

HELE out with great numbers. Disclosure: long. CHICAGO (CBS.MW) - Shares of Helen of Troy shot up 22 percent in early trading Wednesday after the personal-care products maker reported that first-quarter earnings more than doubled on rising sales and a litigation settlement. The El Paso, Texas-based designer of brand-name hair dryers, curling irons and skin-care products also raised its profit projections for the full year to a range of $1.75 to $1.80, up from an earlier forecast of $1.45 to $1.50 a share. The company also said it will buy back up to 3 million of the 28.2 million outstanding shares.

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