Bragar Eagel & Squire, P.C. reminds investors that a class action lawsuit has been filed against Helen of Troy Limited on behalf of purchasers of its common stock between April 24, 2024, and October 8, 2025. The lawsuit alleges that the company misled investors about the progress and benefits of its Project Pegasus restructuring initiative, which was not delivering the touted efficiencies and lacked sufficient resources to meet stated goals. The truth began to emerge on July 9, 2024, when Helen of Troy reported a 49% decline in earnings per share and cut its full-year revenue outlook by over 20%, causing its share price to drop $24.68, or 27.7%. Investors have until August 3, 2026, to seek appointment as lead plaintiff.
Helen of Troy LtdClass action lawsuit alleging misleading statements about restructuring initiative, causing stock drop.