Hain Celestial Shares Hit 52-Week Low After Wider 2Q Loss

Dow Jones

02-11

By Chris Wack

Hain Celestial Group shares were down 14% to $4.04 after the company reported a second-quarter loss that was wider than expected.

The shares hit their 52-week low of $3.28 a share earlier in the session, and are down 58% in the past 12 months.

The food company said it had a quarterly loss $104 million, or $1.15 a share, compared with a loss of $13.5 million, or 15 cents a share, in the same quarter last year. Analysts polled by FactSet were looking for earnings of 8 cents a share.

Sales for the quarter were $411.5 million, compared with last year's $454.1 million and the $430.8 million analysts had forecast.

the company said sales growth was hampered by poor in-store performance in snacks, driven by marketing and promotion effectiveness, and supply-chain challenges.

Hain said it is expecting to see organic sales drop 2% to 4% in fiscal 2025.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

February 10, 2025 13:39 ET (18:39 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Analysts polled by FactSet were looking for earnings of 8 cents a share. \n</p>\n<p>\n  Sales for the quarter were $411.5 million, compared with last year's $454.1 million and the $430.8 million analysts had forecast. \n</p>\n<p>\n  the company said sales growth was hampered by poor in-store performance in snacks, driven by marketing and promotion effectiveness, and supply-chain challenges. \n</p>\n<p>\n  Hain said it is expecting to see organic sales drop 2% to 4% in fiscal 2025. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Chris Wack at chris.wack@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 10, 2025 13:39 ET (18:39 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones & Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4561","symbol_name":"索羅斯持倉","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2510896962","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2510896962","pubTimestamp":1739212740,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Hain Celestial Group shares were down 14% to $4.04 after the company reported a second-quarter loss that was wider than expected.The shares hit their 52-week low of $3.28 a share earlier in the session, and are down 58% in the past 12 months.The food company said it had a quarterly loss $104 million, or $1.15 a share, compared with a loss of $13.5 million, or 15 cents a share, in the same quarter last year. 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Analysts polled by FactSet were looking for earnings of 8 cents a share. \n\n\n  Sales for the quarter were $411.5 million, compared with last year's $454.1 million and the $430.8 million analysts had forecast. \n\n\n  the company said sales growth was hampered by poor in-store performance in snacks, driven by marketing and promotion effectiveness, and supply-chain challenges. \n\n\n  Hain said it is expecting to see organic sales drop 2% to 4% in fiscal 2025. \n\n\n \n\n\n  Write to Chris Wack at chris.wack@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 10, 2025 13:39 ET (18:39 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}