Hain Celestial (HAIN) Encouraging Results; Raising PT to $55 - Jefferies
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Hain Celestial Announces Third Quarter Fiscal Year 2016 Results
May 4, 2016 7:30 AM EDTLAKE SUCCESS, N.Y., May 4, 2016 /PRNewswire/ -- The Hain Celestial Group, Inc. (NASDAQ:Â HAIN), a leading organic and natural products company with operations in North America, Europe and India providing consumers with A Healthier Way of Life, today reported results for its third quarter ended March 31, 2016.
Third Quarter Performance Highlights
Net sales of $750.0 million, a 13% increase, or 15% on a constant currency basis, over prior year period net sales of $662.7 million. Â Net sales were impacted by $13.9 million of foreign exchange rate movements versus a year ago. Hain Celestial US... More