Good Morning
Good Morning

Hain Celestial of Melville reports 2Q profit

Hain Celestial Group, Melville

Natural and organic products

Second Quarter: Ended Dec. 31, 2009

Net income: Profit of $11.2 million, compared with profit of $8.1 million in the same period last year.

Net sales: $242 million compared with $250.8 million in the year-ago quarter.

Outlook: "Consumption is improving across the Hain Celestial U.S. portfolio as we move beyond 2009's difficult comparisons."

Company statement: "Our results reflect solid performance from Hain Celestial U.S., with increased distribution from improving consumption trends and from increasing margins, along with contributions from our continental European and Canadian operations where we remain focused on selling our global brands."

More news