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Helen of Troy Limited (Nasdaq: HELE) Trading at $18.92, Up $1.86. Today announced sales and earnings for the fourth quarter and fiscal year ended February 28, 2009. Fourth quarter sales decreased 3.8 percent to $138,580,000 from $144,106,000 in the same period of the prior year, and include the negative impact from foreign currency exchange of $5,085,000 or 3.5 percent of sales. Fourth quarter sales in the Housewares segment increased 1.4 percent to $44,594,000 compared to $43,996,000 for the same period last year, reflecting continued strength in our OXO brands. Sales in the Personal Care segment decreased 6.1 percent to $93,987,000 in the fourth quarter compared to $100,108,000 for the same period last year, reflecting the continued difficult retail environment.
What They Do: Helen of Troy Limited is a leading designer, producer and global marketer of brand-name personal care and household consumer products.
Environmental Tectonics Corporation (NYSE: ETC) Trading at $1.89, Up $0.82. Today announced financial results for the fourth quarter and fiscal year 2009.
For the fiscal fourth quarter of fiscal 2009, ETC had net income of $1,223,000, or $0.11 per share (diluted) versus a net loss of $3,102,000 or $(0.37) per share (diluted) for the corresponding period of fiscal 2008. Sales for the fourth quarter of fiscal 2009 were $9,282,000, as compared to $7,435,000 for the fourth quarter of fiscal 2008, an increase of $1,847,000, or 24.8%. The sales increase reflected double digit percentage increases in the ATS, hyperbaric and simulation product groups as well as favorable sales performance in the Company's Polish subsidiary. Most of the increase in ATS and simulation resulted from international contracts while hyperbaric reflected higher domestic sales.
Earnings before interest, taxes, depreciation and amortization expense ("EBITDA") were $1,737,000 for the fourth quarter of fiscal 2009 versus a negative EBITDA of $1,853,000 for fiscal 2008.
What They Do: Environmental Tectonics Corp. engages in the design, manufacture, and sale of software driven products and services used to recreate and monitor the physiological effects of motion on humans and equipment, and to control, modify, simulate, and measure environmental conditions.
ACADIA Pharmaceuticals (Nasdaq: ACAD) Trading at $1.83, Up $0.13. Today announced that it will present at the Eighth Annual JMP Securities Research Conference on Tuesday, May 19, 2009 at 2:30 p.m. Pacific Time at The Ritz-Carlton Hotel in San Francisco.
What They Do: ACADIA is a biopharmaceutical company utilizing innovative technology to fuel drug discovery and clinical development of novel treatments for central nervous system disorders.
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