The Hain Celestial Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2024
May 08, 2024 at 07:00 am EDT
Share
The Hain Celestial Group, Inc. reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was USD 438.36 million compared to USD 455.24 million a year ago. Net loss was USD 48.19 million compared to USD 115.73 million a year ago. Basic loss per share from continuing operations was USD 0.54 compared to USD 1.29 a year ago. Diluted loss per share from continuing operations was USD 0.54 compared to USD 1.29 a year ago.
For the nine months, sales was USD 1,317.49 million compared to USD 1,348.8 million a year ago. Net loss was USD 72.11 million compared to USD 97.84 million a year ago. Basic loss per share from continuing operations was USD 0.8 compared to USD 1.09 a year ago. Diluted loss per share from continuing operations was USD 0.8 compared to USD 1.09 a year ago.
The Hain Celestial Group, Inc. is a global health and wellness company. The Company operates through two segments: North America Segment, and International Segment. The Companyâs North America Segment includes the United States and Canada. The Companyâs International Segment includes the United Kingdom, and Europe. The Company's brands include Garden Veggie Snacks, Terra chips, Garden of Eatin snacks, Earths Best and Ellas Kitchen baby and toddler foods, Celestial Seasonings teas, Joya and Natumi plant-based beverages, Greek Gods yogurt, Yorkshire Provender, Cully & Sully and Covent Garden soups, Yves and Linda McCartneys (under license) meat-free, Alba Botanica natural sun care, and Live Clean personal care products, among others. The Company sells its products through specialty and natural food distributors, supermarkets, natural food stores, mass-market and e-commerce retailers, food service channels and club, drug and convenience stores worldwide.