The Hain Celestial Group, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023
February 07, 2024 at 07:00 am EST
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The Hain Celestial Group, Inc. reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was USD 454.1 million compared to USD 454.21 million a year ago. Net loss was USD 13.54 million compared to net income of USD 10.97 million a year ago. Basic loss per share from continuing operations was USD 0.15 compared to basic earnings per share from continuing operations of USD 0.12 a year ago. Diluted loss per share from continuing operations was USD 0.15 compared to diluted earnings per share from continuing operations of USD 0.12 a year ago.
For the six months, sales was USD 879.13 million compared to USD 893.56 million a year ago. Net loss was USD 23.91 million compared to net income of USD 17.89 million a year ago. Basic loss per share from continuing operations was USD 0.27 compared to basic earnings per share from continuing operations of USD 0.2 a year ago. Diluted loss per share from continuing operations was USD 0.27 compared to diluted earnings per share from continuing operations of USD 0.2 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.