Hain Celestial Reports Fourth Quarter and Fiscal Year 2019 Financial Results

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Hain Celestial (HAIN) Tops Q4 EPS by 1c, Revenues Miss; Provides FY20 EPS Outlook

August 29, 2019 7:32 AM EDT

Hain Celestial (NASDAQ: HAIN) reported Q4 EPS of $0.21, $0.01 better than the analyst estimate of $0.20. Revenue for the quarter came in at $557.7 million versus the consensus estimate of $582.17 million.

FINANCIAL HIGHLIGHTS1

Summary of Fourth Quarter Results from Continuing Operations2

Net sales decreased 10% to $557.7 million compared to the prior year period.Net sales decreased 7% on a constant currency basis compared to the prior year period.When adjusted for Foreign Exchange and Acquisitions, Divestitures and certain other items, including the Project Terra Stock Keeping Unit ("SKU") rationalization3, net sales decreased... More