Hain Celestial Keeps Healthy

Tags: hain
14 Jan 10:56pm
Posted by ZacksResearch
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The Hain Celestial Group, Inc. (HAIN) produces, distributes, markets, and sells various natural and organic food, as well as personal care products. The company offers popular 'better-for-you' products in grocery, snacks and frozen/refrigerated categories.

Healthy internal sales growth, driven by consumer demand for natural food products, and management's focus on improving profit margins bode well for Hain Celestial Group's outlook. In addition, management's acquisition strategy adds incremental growth to the company's organic sales growth.

The company has been successful implementing price increases with the most recent having been realized in August, though the delay in effecting the price increase (coupled with grain cost hedges) negatively impacted the gross margin in the first fiscal quarter. The Buy rating is maintained.

Read the full analyst report on HAIN




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