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Hain Celestial Group Inc - $HAIN STOCK NEWS

Welcome to our dedicated page for Hain Celestial Group news (Ticker: $HAIN), a resource for investors and traders seeking the latest updates and insights on Hain Celestial Group stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hain Celestial Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hain Celestial Group's position in the market.

Rhea-AI Summary

Hain Celestial Group (Nasdaq: HAIN) is taking strategic actions to simplify its portfolio and operating footprint to strengthen its balance sheet. These efforts include reducing SKU assortment by 62%, consolidating personal care manufacturing, and streamlining its co-manufacturing network globally. The company aims to unlock annualized savings, generate operating cash flow, pay down debt, and drive gross margin expansion. These actions align with the company's Hain Reimagined business strategy to design a winning brand portfolio across five categories.

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End-of-Day
6.84%
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Rhea-AI Summary
Hain Celestial Group (Nasdaq: HAIN) announces its fiscal third quarter 2024 results conference call and webcast scheduled for May 8, 2024. The company will discuss the financial results with key executives and analysts, including President and CEO Wendy Davidson. Investors and analysts can access the call through dial-in or webcast, with a replay available for a time. The event aims to provide insights into the company's performance and future outlook.
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2.26%
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Rhea-AI Summary
Hain Celestial Group (HAIN) completes the sale of Thinsters® cookie business to J&J Snack Foods in an all-cash transaction to optimize its better-for-you portfolio and pay down debt. The divestiture aligns with the company's growth strategy under Hain Reimagined plan, focusing on driving reach and scale of core brands across key categories.
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0.3%
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The Hain Celestial Group, Inc. appoints Chad Marquardt as President, North America, to lead strategic transformation and drive growth in the U.S. and Canada.
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Rhea-AI Sentiment
End-of-Day
-3.94%
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management
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Hain Celestial Group (HAIN) to Showcase Innovative Products at Expo West 2024
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-2.29%
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Rhea-AI Summary
Hain Celestial Group reported financial results for the fiscal second quarter ended December 31, 2023. The company's Hain Reimagined strategy led to sequential improvement in top- and bottom-line trends. Despite a challenging macroeconomic environment, the North America Snacks launch of Garden Veggie Flavor Burst is gaining acceptance across retailers. However, there was a net loss of $13.5 million compared to net income of $11.0 million in the prior year period. Organic net sales increased by 0.2% compared to the prior year period. The company revised guidance for fiscal 2024, with a reduction in expected foreign exchange tailwind and costs associated with Hain Reimagined.
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-15.87%
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Hain Celestial Group (Nasdaq: HAIN) is set to release its financial results for the fiscal second quarter 2024 on February 7, 2024. The company will host a webcast conference call featuring President and CEO Wendy Davidson and CFO Lee Boyce to discuss the results. The call will be available for investors and analysts to access, and a replay will be available for a limited time after the live call.
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Rhea-AI Sentiment
End-of-Day
3.51%
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News
Rhea-AI Summary
Hain Celestial Group, Inc. (Nasdaq: HAIN) celebrates its 30th anniversary as a leader in better-for-you brands, with President & CEO Wendy Davidson and the Executive Leadership team ringing the Closing Bell at NASDAQ. The company focuses on providing healthier choices and has a global brand portfolio of nearly $2 billion, with brands like Celestial Seasonings® teas, Earth's Best® baby and kids foods, and Alba Botanica® natural sun care. Hain has launched a bold growth strategy to become a globally integrated enterprise, focusing on five core platforms and five key geographies. The company is driving growth through innovation, brand building, and digital e-commerce, with a strong focus on working capital management and operational efficiency.
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0.65%
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Hain Celestial Group, Inc. (Nasdaq: HAIN) announced the appointment of Amber Jefferson as its new Chief People Officer. Jefferson will lead the company's global human resources function and culture and talent strategy. She brings over 20 years of experience in consumer goods, retail, foodservice, and travel industries. Jefferson will report to Wendy Davidson, CEO, and will serve on the Executive Leadership Team.
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Rhea-AI Sentiment
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1.67%
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The Hain Celestial Group (Nasdaq: HAIN) announces that Board member Celeste A. Clark Ph.D. has been selected to the NACD 2023 NACD Directorship 100, honoring influential directors and governance leaders. This recognition highlights Clark's leadership and contributions to the company as an outstanding board member. The NACD Directorship 100 honors excellence in the boardroom through innovation, courage, and integrity, evaluating board members across key categories such as integrity, mature confidence, informed judgment, and high-performance standards. Hain Celestial Group CEO Wendy Davidson congratulates Clark on her well-deserved recognition and highlights the importance of a strong board for the company's success.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.22%
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management
Hain Celestial Group Inc

Nasdaq:HAIN

HAIN Rankings

HAIN Stock Data

598.28M
88.65M
1.4%
105.89%
3.69%
Dry Pasta, Dough, and Flour Mixes Manufacturing from Purchased Flour
Manufacturing
Link
United States of America
HOBOKEN

About HAIN

the hain celestial group (nasdaq: hain), headquartered in lake success, ny, is a leading natural and organic food and personal care products company in north america and europe. hain celestial participates in almost all natural food categories with well-known brands that include celestial seasonings®, terra®, garden of eatin’®, health valley®, westsoy®, earth’s best®, arrowhead mills®, deboles®, hain pure foods®, freebird™, hollywood®, spectrum naturals®, spectrum essentials®, walnut acres organic™, imagine foods™, rice dream®, soy dream®, rosetto®, ethnic gourmet®, yves veggie cuisine®, linda mccartney®, realeat®, lima®, grains noirs®, natumi®, jason®, zia® natural skincare, avalon organics®, alba botanica® and queen helene® the hain celestial group common stock trades on the nasdaq® global select market.