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Tuesday, November 7, 2017

=Hain Celestial (HAIN) reported earnings on Tue 7 Nov 017 (b/o)

Hain Celestial reports EPS in-line, beats on revs; reaffirms FY18 guidance 
  • Reports Q1 (Sep) earnings of $0.23 per share, excluding non-recurring items, in-line with the Capital IQ Consensus of $0.23; revenues rose 3.9% year/year to $708.3 mln vs the $697.39 mln Capital IQ Consensus, or 3% on a constant currency basis, primarily reflecting double digit net sales increases from Canada and Europe and low single digit net sales increases from the United States, United Kingdom and Hain Pure Protein segments. Adjusted for both constant currency and acquisitions and divestitures, net sales increased 4%, compared to the prior year period. Adj. operating margin 5.6% vs. 4.0% last year.
  • Coreaffirms guidancefor FY18, sees EPS of $1.63-1.80 vs. $1.66 Capital IQ Consensus Estimate; sees FY18 revs of $2.967-3.036 bln vs. $2.98 bln Capital IQ Consensus Estimate.

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