Hain Celestial falls on disappointing Q4 results

Hain Celestial

24/08/2023 13:01

** Shares of organic and natural products company Hain
Celestial Group  HAIN.O  fall 7.1% to $11.30 premarket 
    ** Co reports a 5% fall in Q4 net sales from $17.96 billion
a year earlier
    ** Reports loss per diluted share of $1.30 compared with EPS
of 83 cents a year earlier
    ** 6 of 14 brokerages rate the stock "buy" or higher, 8
"hold"; their median PT is $15
    ** YTD stock down 24.85% 

 (Reporting by Aishwarya Jain)
 ((Aishwarya.Jain@thomsonreuters.com))