US natural and organic foods maker Hain Celestial has posted a profit in the fourth quarter, compared to a year-earlier loss, helped by a rise in sales.
Go deeper with GlobalData
The Melville, New York-based company reported earnings of US$6.8m, or 19 cents a share, for the quarter to 30 June, compared with a net loss of $12.8m, or 38 cents a share, including restructuring costs, in the year-ago period. The result met analysts’ average estimate, reported Reuters.
The company’s quarterly sales rose 23.4% to $117.8m.
Hain Celestial forecast full-year earnings for 2004 of between 95 cents and $1.03 per share, on revenue of $540m to $565m. The forecast fell short of analysts’ average earnings estimate of $1.05 per share, according to Reuters Research.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
