Seeking Alpha

Full speed ahead for Hain Celestial

  • Hain Celestial (HAIN +2.9%) trades higher following its FQ1 earnings beat on brisk demand for a number of the company's organic-leaning products.
  • CEO Irwin Simons noted during the firm's earnings conference call that the trend of more families eating at home sets up well for Hain.
  • He also said innovation is thriving at the company (FY13 new product sales +36% Y/Y) with another 50 new products slated to be on the market before January 1.
  • Earnings call transcript
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