SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 2, 2003
HELEN OF TROY LIMITED
(Exact name of registrant as specified in its charter)
BERMUDA 001-14669 74-2692550
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
CLARENDON HOUSE
CHURCH STREET
HAMILTON, BERMUDA
(Business address of registrant)
ONE HELEN OF TROY PLAZA
EL PASO, TEXAS 79912
(United States mailing address of registrant)
Registrant's telephone number, including area code: (915) 225-8000
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HELEN OF TROY LIMITED
ITEM 5. OTHER EVENTS.
On Tuesday, September 2, 2003, Helen of Troy Limited issued a press release,
which is filed herewith as Exhibit 99.1 and incorporated herein by reference.
The press release states "Sales of Brut(R) products are expected to be
approximately $40 million over the next 12 months. The transaction is expected
to be accretive to Helen of Troy's earnings in the remainder of fiscal year
2004, with earnings per share contribution in the range of $.20 - $.24 for the
fiscal year beginning March 1, 2004." Investors are cautioned that the foregoing
statement is a forward-looking statement. There are a number of risks and
uncertainties that could cause actual results to differ materially from
historical or anticipated results. These risks include, but are not limited to:
The range of earnings per share contribution is based, in part, on
historical unaudited financial information. There is not assurance that
such information will reflect actual sales of Brut(R) product after it
is acquired by the Company.
There is a risk that customers of the former owner of Brut(R) may
not continue to be customers of the Company. The customers for the
Brut(R) product have no long-term commitments to purchase Brut(R)
products. In addition, several of the Company's largest customers have
complex purchasing systems that require substantial efforts to include
new product offerings. The Company may not be successful in
transitioning existing Brut(R) customers to the Company, and if
transitioned, there could be delays in the process, both of which could
adversely affect the sale of Brut(R) products.
There is a risk that the Company may experience delays in
transitioning the manufacturing of the Brut(R) product and any such
delays could adversely affect sales of Brut(R) product.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) EXHIBITS.
Exhibit No. Description.
99.1 Press Release dated September 2, 2003
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HELEN OF TROY LIMITED
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
HELEN OF TROY LIMITED
September 4, 2003 By: /s/ Thomas J. Benson
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Date Thomas J. Benson
Senior Vice President, Finance and
Chief Financial Officer
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