Categories Earnings, Other Industries

The Hain Celestial Group (HAIN): Q1 2020 Earnings Snapshot

— The Hain Celestial Group, Inc. (NASDAQ: HAIN) reported adjusted earnings of $0.08 per share for the first quarter of 2020, compared to $0.09 per share last year, vs. $0.07 per share expected.

— On a reported basis, it was a loss from continuing operations of $5 million or $0.05 per share, compared to a loss of $23.1 million or $0.22 per share last year

— Net loss was $107.02 million or $1.03 per share, compared to a loss of $37.4 million or $0.36 per share last year

— Net sales dropped 7% year-over-year to $482.1 million, vs. $492.9 million expected

— At 20.3%, gross margin was higher by 320 basis point from the prior year period

— Expects adjusted EBITDA in the range of $168 million to $192 million for fiscal 2020, representing a 2-16% annual growth

— Expects adjusted earnings in the range of $0.59 per share to $0.72 per share for 2020

Follow our Google News edition to get the latest stock market, earnings and financial news at your fingertips

Most Popular

Does Unity Software (U) stock has more room to run?

Last month, the IPO market was in a full swing. IPOs of Snowflake (NYSE: SNOW) and JFROG (NASDAQ: FROG) had an impressive opening day in September, the former creating a

PepsiCo (PEP): Steady snacking habits amid pandemic drive strong quarter for beverage giant

PepsiCo Inc. (NASDAQ: PEP) beat market expectations on both revenue and earnings for the third quarter of 2020. The company saw the momentum continue in its snacks business while the

Does the virus-driven boom make Electronic Arts (EA) a good investment?

With more and more people turning to virtual entertainment sources, amid the virus-related movement restrictions, video game publishers like Electronic Arts (NASDAQ: EA) are witnessing unusually high demand. Not surprisingly,

Add Comment
Viewing Highlight