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Hain Celestial Group Inc. HAIN, -1.51% outlined an overhaul of its business on Wednesday that aims to boost growth and generate annualized savings of $130 million to $150 million by fiscal 2027. In a statement released ahead of an investor day, the provider of snacks and beverages said it plans to prioritize growth across five core geographies of the U.S., Canada, UK, Ireland, and Europe and give platforms of better-for-you, or BFY snacks, BFY baby & kids, BFY beverages, BFY meal prep and BFY personal care.
HOBOKEN, N.J., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Hain Celestial Group (Nasdaq: HAIN) (“Hain”, “Hain Celestial” or the “Company”), a leading manufacturer of better-for-you brands to inspire healthier living, will host an Investor Day on Wednesday, September 13, 2023, as previously announced. Management's presentation will begin at 8:30 AM ET and will be followed by a Q&A session. The webcast is expected to conclude at approximately 11:00 AM ET.
Hain Celestial (HAIN) reports sturdy results for fourth-quarter fiscal 2023. However, sales fell 2% year over year.
The Hain Celestial Group, Inc. (NASDAQ:HAIN ) Q4 2023 Earnings Conference Call August 24, 2023 8:00 AM ET Company Participants Alexis Tessier - Investor Relations Wendy Davidson - President and Chief Executive Officer Chris Bellairs - Executive Vice President and Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Ken Goldman - JPMorgan Alexia Howard - Bernstein Jim Salera - Stephens Inc Michael Lavery - Piper Sandler Matt Smith - Stifel David Palmer - Evercore ISI Anthony Vendetti - Maxim Group Jon Andersen - William Blair Andrew Wolf - CL King & Associates John Baumgartner - Mizuho Securities Operator Greetings, and welcome to The Hain Celestial Group Fourth Quarter Fiscal Year 2023 Earnings Call. At this time all participants' are in a listen-only mode.
Hain Celestial (HAIN) came out with quarterly earnings of $0.11 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.08 per share a year ago.
Hain Celestial's (HAIN) fourth-quarter fiscal 2023 performance is likely to reflect the adverse impact of weakness in the North America segment and a high inflationary environment.
BOULDER, Colo., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Hain Celestial Group (Nasdaq: HAIN) (“Hain Celestial” or the “Company”), a leading manufacturer of better-for-you brands to inspire healthier living, plans to release its financial results for the fourth quarter and fiscal year 2023 before the market opens on Thursday, August 24, 2023. The Company will host a conference call, which will be webcast, to discuss the results at 8:00 AM Eastern Time on that date.
Warren Buffett's company saw both classes of its shares set intraday 52-week highs in the past week, while shares of Hain, a maker of organic and natural products, dove to a more-than-decade low.
Consumers have lost their appetite for premium organic brands in this inflationary environment. Hain reported another quarter of declining sales this week.
Hain Celestial (HAIN) reports soft results for third-quarter fiscal 2023. Also, net sales fall across both the company's segments in the reported quarter.