SunTrust Downgrades Hain Celestial (HAIN) to Neutral
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The Hain Celestial Group, Inc. Announces Delay in the Release of its Fourth Quarter and Fiscal Year 2016 Financial Results
August 15, 2016 5:00 PM EDTLAKE SUCCESS, N.Y., Aug. 15, 2016 /PRNewswire/ --Â 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, announced today that it will delay the release of its fourth quarter and fiscal year 2016 financial results. Â During the fourth quarter, the Company identified concessions that were granted to certain distributors in the United States. The Company is currently evaluating whether the revenue associated with those concessions was accounted for in the correct period and is also currently evaluating its... More
