The shares of the Hain Celestial Group, Inc. (NASDAQ:HAIN) are trading higher on Tuesday.
The company reported fourth quarter adjusted earnings per share of 13 cents, beating the analyst consensus estimate of 8 cents. Quarterly revenues of $418.80 million missed the street view of $421.2 million.
Net sales slumped 6% year-over-year. Organic net sales decreased 4% compared to the prior year period.
Fiscal fourth quarter, organic net sales growth in the Snacks segment was flat year-over-year, the Baby & Kids unit fell 10%, ...