HAIN

Hain Celestial Posts Wider Loss In Q2

(RTTNews) - The Hain Celestial Group, Inc. (HAIN) reported a second quarter net loss of $116 million, compared to a net loss of $104 million in the prior year period. Loss per share was $1.28, compared to a loss per share of $1.15. Adjusted net loss was $3 million, compared to adjusted net income of $8 million. Adjusted loss per share was $0.03, compared to adjusted earnings per share of $0.08.

Net sales were $384 million, down 7% year-over-year. Organic net sales decreased 7% compared to the prior year period.

In pre-market trading on NasdaqGS, Hain Celestial shares are down 3.25 percent to $1.19.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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