Hain Celestial Trims FY23 Sales Outlook As Q2 Results Miss Estimates: Stock Down 14%

Hain Celestial Trims FY24 Sales Growth Outlook; Q2 Adj. EPS Meets Estimates

While reporting financial results for the second quarter on Tuesday, organic and natural products company Hain Celestial Group, Inc. (HAIN) trims its organic net sales growth guidance for the full year 2024.

RTTNews | vor 566 Tagen

Hain Celestial Appoints Lee Boyce To Succeed Chris Bellairs As CFO

Hain Celestial Group (HAIN) announced Thursday that it has appointed Lee Boyce as the new Chief Financial Officer, effective September 5, 2023. Boyce will succeed Hain's current Chief Financial Officer, Chris Bellairs, who will remain with the company through a transition and will participate in Hain's upcoming Investor Day event in New York City on September 13.

RTTNews | vor 733 Tagen

Hain Celestial Q4 Net Profit Plunges

Organic and natural products company Hain Celestial Group, Inc. (HAIN) on Thursday reported that net income for the fourth quarter plunged to $3.04 million or $0.03 per share from $40.49 million or $0.40 per share in the prior-year quarter.

RTTNews | vor 1097 Tagen

U.S. Consumer Confidence Index Edges Lower In August

A report released by the Conference Board on Tuesday showing a modest deterioration by consumer confidence in the U.S. in the month of August. The Conference Board said its consumer confidence index dipped to 97.4 in August from an upwardly revised 98.7 in July.

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U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July. The Commerce Department said durable goods orders slumped by 2.8 percent in July after plummeting by a revised 9.4 percent in June.

RTTNews | vor 1Std 55 Minuten