Piper Jaffray Cuts Price Target on Hain Celestial (HAIN) as FY16 Gets Rough Start

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Hain Celestial Announces Record First Quarter Fiscal Year 2016 Results

November 5, 2015 4:00 PM EST

LAKE SUCCESS, N.Y., Nov. 5, 2015 /PRNewswire/ -- The Hain Celestial Group, Inc. (NASDAQ: 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 first quarter ended September 30, 2015.

First Quarter Performance Highlights

Record first quarter net sales of $687.2 million, a 9% increase over the prior year period or, on a constant currency basis, an 11% increase over prior year adjusted net sales of $642.6... More