7.525
1.28%
0.105
Why is Hain Celestial Group Inc (HAIN) Stock down?
We've noticed a 7.86% decline in Hain Celestial Group Inc (HAIN) stock during the 2024-11-12 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
09 May, 2023:
The provided information indicates that the company's financial performance in the reported quarter was weak. Net sales missed the Zacks Consensus Estimate and dipped 9% from the year-ago fiscal quarter's figure. Adjusted gross profit and operating income also decreased, while the adjusted gross margin and operating margin contracted significantly. Furthermore, adjusted EBITDA and EBITDA margin also declined, which may have contributed to the decline in the stock's value.
https://finance.yahoo.com/news/hain-celestial-hain-q3-earnings-145702573.html
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