Brief: Hain Celestial Group Inc Announces Restructuring Program
13/09/2023 12:47
Sept 13 (Reuters) - Hain Celestial Group Inc HAIN.O :
* HAIN CELESTIAL GROUP INC - ANNOUNCES FORMAL RESTRUCTURING
PROGRAM TARGETING ANNUALIZED SAVINGS OF $130 MILLION TO $150
MILLION BY FY27
* HAIN CELESTIAL GROUP INC SEES LONG-TERM OUTLOOK ORGANIC
NET
SALES CAGR OF 3%+
* HAIN CELESTIAL GROUP - ONE-TIME RESTRUCTURING AND RELATED
COSTS
ESTIMATED TO BE IN RANGE OF $115 MILLION TO $125 MILLION ACROSS
FISCAL 2024 AND FISCAL 2025
Source text for Eikon: ID:nGNX2gpd3W
Further company coverage: HAIN.O
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