HAIN - Natural Food Company Hain Celestial's Q1 Revenue Falls Hit By Supply challenges In Baby & Kids Organic Formula | Benzinga
Hain Celestial Group Inc (NASDAQ: HAIN) reported a first-quarter FY24 sales decline of 3.3% year-on-year to $425.03 million, missing the analyst consensus estimate of $431.7 million.
Net sales from North America decreased 9.8% Y/Y mainly due to lower sales in baby & kids as a result of industry-wide challenges in organic formula supply, as well as by declines in personal care on the timing ...