Inside Long Island Business
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Hain Celestial reports 82% increase in profits for last quarter
Photo credit: Howard Schnapp, 2009
The Hain Celestial Group, a Melville company that makes and sells organic products, reported it made $23.4 million in the quarter ending June 30 -- a 82.1 percent increase from the $12.8 million in profits during the same period last year.
The company pointed to growth in sales of organic and natural products at retailers and contributions from acquisitions in the past year as reasons for...