2Q sales up 2.8%, profit down 69%
Officials of El Paso’s Helen of Troy consumer goods company plan to restructure two of its poorly performing divisions in hopes of improving sales, which is expected to bring jobs cuts in El Paso, Maryland, and Connecticut.
“In an effort to enhance the performance of our nutritional supplements and beauty (products) segments, we are initiating a restructuring plan we are calling Project Refuel,” Helen of Troy CEO Julien Mininberg said in a statement released Thursday with the company’s second-qu…
Read the full article at: http://www.elpasotimes.com/story/money/business/2017/10/06/el-paso-helen-troy-second-quarter-earningsreport/737692001/