Wed, Mar. 25, 9:27 AM
- Hain Celestial (NASDAQ:HAIN), Pinnacle Foods (NYSE:PF), and WhiteWave Foods (NYSE:WWAV) are all setting up for gains today after the Heinz-Kraft merger raises the M&A profile in the sector.
- Previously: Kraft, Heinz announce merger
- Previously: Food sector on watch after mega-merger announced
- Premarket trading: HAIN +1.9%, WWAV +1.9%, PF +1.0%.
Wed, Feb. 4, 8:30 AM
- Hain Celestial (NASDAQ:HAIN) reports gross margin rate fell 183 bps to 25.33%.
- Operating margin rate constant at 12.5%.
- Segment sales: United States: $359.3M (+9.63%); United Kingdom: $200.8M (+37.48%); Rest of World: $55.40M (-9.33%); HPPC: $86.22M.
- Segment operating profit: United States: $63.15M (+10.80%, +20 bps to 17.60%); United Kingdom: $17.45M (+31.25%, -40 bps to 8.70%); Rest of World: $5.61M (+29.57%, +300 bps to 10.10%); HPPC: $86.22M (8.90% margin)
- FY2015 Guidance: Net sales: $2.650B to $2.675B (~+23% to +24%); Diluted EPS: $1.85 to $1.89 (+17% to +19%).
- HAIN +0.46% premarket.
Sep. 24, 2014, 11:01 AM
- Food stocks are topping market averages as investors shift to a more defensive stance.
- The sector is also getting a look with grain, corn, meat, and rice prices moderating on improved global supplies.
- On the move: Post Holdings (NYSE:POST) +2.0%, Dean Foods (NYSE:DF) +1.0%, Sanderson Farms (NASDAQ:SAFM) +1.7%, Diamond Foods (NASDAQ:DMND) +1.5%, Flower Foods (NYSE:FLO) +1.3%, Hain Celestial (NASDAQ:HAIN) +1.6%, General Mills (NYSE:GIS) +0.7%, ConAgra (NYSE:CAG) +1.1%, Kraft Foods (NASDAQ:KRFT) +1.0%, Tyson Foods (NYSE:TSN) +1.5%, Seaboard (NYSEMKT:SEB) +2.7%.
Sep. 9, 2014, 9:36 AM| Comment!
Sep. 8, 2014, 5:23 PM| Comment!
Aug. 20, 2014, 12:52 PM
- Hain Celestial (HAIN +10.5%) shows a double-digit gain after besting estimates with its FQ4 report and lifting guidance.
- The company sees FY15 EPS of $3.72-$3.90 vs. $3.73 consensus and revenue of $2.72B-$2.8B vs. $2.51B.
- During the firm's earnings call, management said growth next year will come from both acquisitions and organic sales improvements.
- Earnings call transcript
May. 27, 2014, 7:28 AM
- A $6.4B offer by Pilgrim Pride's (PPC) to buy Hillshire Brands (HSH) could rattle the food sector.
- For starters, the deal could spoil Hillshire's offer on the table to buy Pinnacle Foods (PF).
- The quick analyst take on a PPC-HSH combination is favorable with the companies focused in different areas (chicken vs. packaged meat) which could lead to easy access to new distribution channels.
- Premarket: HSH +22.9% to $45.49, PF -5.3% to $31.50.
- Also on merger watch in the food sector: THS, SJM, GIS, KRFT, CPB, ADM, BGS, RAH, HAIN, K CAG
Feb. 5, 2014, 9:15 AM
Feb. 4, 2014, 5:39 PM
Nov. 25, 2013, 10:58 AM
- A harsh read on Campbell Soup's prospects from Goldman Sachs might be unsettling a few other food stocks on concerns they could be suffering from the same brand demand malaise.
- Decliners: Hain Celestial (HAIN) -2.3%, Annies (BNNY) -1.5%, Diamond Foods (DMND) -0.7%, John B. Sanfiliipo (JBSS) -1.3%, The Fresh Market (TFM) -1.2%.
Nov. 12, 2013, 9:59 AM
- Margin worries at Dean Foods (DF -7.6%) is affecting sentiment over a number of other packaged foods companies in early trading.
- Though the company warned specifically on the dairy commodity environment, its drop in guidance on Q4 "challenges" looks a bit broader.
- Underperformers: KRFT -0.7%, SJM -1.0%, HAIN -1.0%, CAG -0.5%, CPB -1.0%, TSN -0.6%.
Sep. 3, 2013, 4:37 PM
- Hain Celestial (HAIN) shares are down 2.9% AH after the company discloses that Carl Icahn has sold 3.65M shares, more than halving his stake to 3.59M (7.5% of outstanding stock).
- Jefferies will act as underwriter for the sale and has the option to purchase an additional 547.5K shares within 30 days. (FWP)
Aug. 22, 2013, 12:45 PM| Comment!
Aug. 21, 2013, 7:35 PM
- Hain Celestial (HAIN) FQ4 beats estimates across the board. Net profit jumped 11% Y/Y as the maker of organic-products posted sharply higher sales on growth in the U.K.
- Gross margin narrowed to 26.5% from 26.6%.
- The company also raises guidance. It now sees an FY profit of $2.95 to $3.05 a share on $2.03B to $2.05B in sales. Analysts are projecting $2.92 a share on roughly $2B, respectively.
- Separately, the company appoints former Elizabeth Arden Chief Financial Officer Stephen J. Smith to take over the same role at HAIN. Mr. Smith will begin early next month, and succeeds Ira J. Lamel, who announced his retirement nearly a year ago.
- Shares +7.4% AH.
Aug. 21, 2013, 5:37 PM
Aug. 21, 2013, 4:13 PM
HAIN vs. ETF Alternatives
Hain Celestial Group Inc and its subsidiaries manufactures, markets, distributes, and sells natural and organic products. Its product portfolio includes grocery, snacks, tea and personal care products.
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