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

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.

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

While reporting financial results for the third quarter on Tuesday, organic and natural products company Hain Celestial Group, Inc. (HAIN) trims its adjusted net sales growth guidance for the full year 2023.

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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.

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European Shares Seen Higher At Open

European stocks are seen opening broadly higher on Thursday even as Nvidia's disappointing sales forecast raised concerns about the AI spending boom.

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Sensex Nifty Decline On Tariff Worries

Indian shares opened on a sluggish note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect, impacting trade worth billions of dollars and risking Washington-New Delhi ties.

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European Economic News Preview: Eurozone Economic Sentiment Data Due

Economic confidence and monetary aggregates from the euro area and flash GDP from Switzerland are the top economic news due on Thursday. At 3.00 am ET, the State Secretariat for Economic Affairs is slated to release Swiss GDP data for the second quarter. The economy is expected to grow 0.1 percent sequentially after rising 0.5 percent in the first quarter.

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Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.

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Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.

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EURUSD	1.16419	GBPUSD	1.35078	AUDUSD	0.65132
USDJPY	147.13	USDCAD	1.37787	USDCHF	0.8018