Hain Celestial (HAIN) Stock Rallies On Q1 Earnings Beat
Zacks Investment Research | Nov 08, 2019 07:10AM ET
The Hain Celestial Group, Inc. (NASDAQ:HAIN) reported better-than-expected earnings for first-quarter fiscal 2020. While both top and bottom lines declined year over year, the company’s margins witnessed growth. Further, Hain Celestial is on track with its saving initiatives and expects margins to improve in each quarter in fiscal 2020.
Markedly, shares of this manufacturer, marketer, distributor and seller of organic and natural products gained 5.4% during the trading session on Nov 7. Moreover, this Zacks Rank #3 (Hold) stock has gained 15.4% in the past three months, comfortably outpacing the Zacks Investment Research
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