Despite Hain Celestial lowering the top end of its forecasts for annual net sales and earnings yesterday (4 May), the US group earned praise...
Irwin Simon, the founder, president and CEO of Hain Celestial, often comes across as one of the more forthright chief executives in the US f...
Hain Celestial has been a chief beneficiary of the growth in the US natural and organic food categories. However, with sales under pressure, can the company compete against the larger food manufacturers eyeing growth in the sectors? Katy Askew investigates.
The starting gun on the race for Quorn Foods is to be fired this week and interest in the UK meat-free business is likely to be high.
A group of 60 institutional investors has written to 15 food and drink companies urging improvement in how they manage and report on water risk in their own operations and in their supply chains. Ben Cooper reports.
Campbell Soup Co. has looked to inject growth into its business through acquisitions in recent years and the indications are this is likely to continue. But where should the US giant look to do deals? Stefan Kirk, just-food M&A columnist and advisor at M&A consultants Glenboden, weighs up the group's options.
Convenience food group Greencore has experienced an eventful few years. The Ireland-based manufacturer was beaten to the acquisition of the UK's Northern Foods. This year, Greencore was caught up in the horsemeat contamination saga that rocked the European food industry. However, the company has continued to expand in the UK and in the US. In part one of the just-food interview, Michelle Russell speaks to chief executive Patrick Coveney about the challenges of operating in a difficult UK market.
Alpro has had three owners in four years but one executive that has been at the company throughout is CEO Bernard Deryckere. He talks to Dean Best about the success Alpro, now owned by US firm WhiteWave Foods, has had with the recent expansion of its product portfolio.
Hain Celestial has been asked to look again at its move to buy UK food and beverage group Orchard House Foods by the country's competition watchdog due to fears the deal will hit competition in fruit juices.
Hain Celestial said today (4 May) it plans to sell off brands that "no longer fit into its core strategy", while announcing he launch of Cultivate Ventures, a unit for fresh investments.
Hain Celestial today (4 May) lowered the top end of its forecasts for net sales and earnings per share as the US food group tightened its predictions for its top and bottom lines.
The UK competition watchdog, the Competition and Markets Authority, has launched an investigation into the impact Hain Celestial's acquisition of Orchard House Foods will have on competition in the market.
Hain Celestial has added a non-fat yoghurt with chia seeds to its The Greek Gods range in the US.
Hain Celestial has unveiled a new brand identity for its US poultry business, Plainville Farms.
Hain Celestial has booked improved second-quarter sales and earnings, boosted by the performance of its international and protein units.
Hain Celestial has launched of a line of organic breads aimed at children under its Rudi's Organic brand in the US.
Diamond Foods, itself set to be sold to US snacks group Snyder's-Lance, this week took a stake in UK popcorn maker Metcalfe's Skinny. Our M&A pages featured a number of deals, including the move for Chinese dairy group Ambrosia by Irish co-op Ornua. At the ICR investment conference in Florida, the new owner of Green Giant, B&G Foods, said it was interested in more acquisitions in the frozen food sector, while Hain Celestial told delegates it could withstand greater competition in the US natural and organic sectors.
US group Hain Celestial this week cut its forecasts for annual sales and earnings amid pressure on its domestic business. The company's management also presented at the ICR investment conference, where it sought to be upbeat about Hain's prospects. Staying in the US, Danone warned it could pursue legal action over Chobani's "misleading and deceptive marketing" which targeted its Light & Fit brand. Elsewhere, Irish dairy co-op Ornua announced the acquisition of Chinese group Ambrosia. And we analysed General Mills' recent acquisitions of Brazilian yoghurt maker Carolina and US meat snacks firm Epic Provisions. Here is the week in quotes.
Hain Celestial has cut its guidance for 2016 and predicted second-quarter results below analyst expectations.
Hain Celestial has announced the acquisition of UK fruit and fruit juice dessert firm Orchard House.
Hain Celestial-owned Empire Kosher Poultry is launching new deli and grocery products including what the company claims to be the "first ever" uncured kosher deli meat line.
Hain Celestial reported higher sales and earnings for the first quarter of its financial year, supported by growth at its protein and international businesses.
TreeHouse Foods confirmed that it will acquire ConAgra's private brands business for US$2.7bn. Kellogg revealed further declines at its US cereal business. The Kraft Heinz Co. reported its first results as a combined group – and detailed further job cuts. Here are the highlights from just-food this week.
Hain Celestial's UK arm has announced the launch of a rice pudding line.
Seven US food and drink companies including Hain Celestial, Hormel Foods, Kraft Heinz Co. and Pinnacle Foods have agreed to publicly reveal how they are assessing and managing the risk that water poses to global food supplies.
Hain Celestial is to start selling its organic infant formula, Earth’s Best Organic, in China through its joint venture with Chinese pharmaceutical group Hutchison China MediTech, or Chi-Med.
Hain Celestial has promoted senior vice president for finance Pasquale Conte to the position of CFO.
Hain Celesial-owned Ella's Kitchen has announced the launch of a new range of snacks targeted at older children in the UK.
Hain Celestial today (18 August) posted fourth-quarter earnings that met Wall Street forecasts, with the US group's outlook for its new financial year also within analyst estimates.
Lotus Bakeries, the Belgium-based biscuit maker, has bought a majority stake in Natural Balance Foods, the UK firm behind snack bar brands Nakd and Trek.
News that Abbott Laboratories launched a GMO-free version of its Similac infant formula caused quite a stir in the US over the past week. Not to be overlooked, Hain Celestial was quick to point out that it too offers an infant formula that is GMO-free under its Earth's Best Organic brand.
Hain Celestial founder, president and CEO Irwin Simon is not one to maintain a stony face when discussing his company's performance. This morning's (20 August) conference call was no exception.
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