HAIN - Why Is Hain Celestial Stock Slumping Today? | Benzinga
The Hain Celestial Group, Inc. (NASDAQ:HAIN) shares are diving on Wednesday after the company announced second quarter fiscal 2024 results.
Quarterly net sales were flat year over year at $454.1 million, missing the analyst consensus of $462.05 million.
North America net sales in the fiscal second quarter were $267.7 million, down 5.2% year over year, owing to lower sales in baby formula stemming from continued industry-wide challenges in organic formula supply.
International net sales in the ...