Helen of Troy 's HELE wholly owned subsidiary, Kaz Inc., has unveiled its new Honeywell HeatGenius and UberHeat Ceramic heaters. The heaters are ideal for use in almost every place ranging from office spaces to bedrooms. The heaters are available at retail stores like Best Buy Inc. (BBY) and Meijer, and also online at the official websites of Best Buy and Amazon.com, Inc. AMZN .
The heaters meet the safety standards as per the Honeywell Heaters Safety Matters program. The safety features include a tip over safety switch, a built-in sensor or fuse that ensures overheat protection, flame resistant materials, caution lights along with protected wiring and enhanced connections.
The Honeywell HeatGenius Ceramic heaters are priced at $69.99. These come with four heating elements and two fans that offer six customized heat settings providing users with the convenience of adjusting temperature as per their requirements. Further, the heaters feature HeatPhase Timer and an auto-off timer that adjusts the temperature in the room as the heat level gradually steps down over a two hour period.
Honeywell UberHeat Ceramic heaters are primarily designed for heating small rooms and provides up to 1500 watts of heat that spreads evenly across the space. They offer two heat settings - max for whole room heating and low for more personal heating. The UberHeat Ceramic heaters come in two models of white and black, and carry a price of $34.99.
HELEN OF TROY Price, Consensus and EPS Surprise
Helen of Troy acquired Kaz in Dec 2010. Kaz markets its products to leading retailers under a variety of brand names, including Vicks and Braun, under license from The Procter & Gamble Company PG , Honeywell under license from Honeywell International Inc. HON .
These product launches are in sync with the company's consistent endeavor to innovate in order to boost portfolio. The Zacks Rank #2 (Buy) company has been reporting decent results and it has posted positive surprises in all the trailing four quarters with an average positive surprise of 18.6%. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
We observe that in the past three months the stock has declined only 3.3%, whereas the Zacks categorized Cosmetics and Toiletries industry has declined by 12.4%.
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