Boulder, CO—Celestial Seasonings has expanded its product lines, updated packaging and released a new advertising campaign. "COVID-19 has created long-term behavioral changes that will outlast the pandemic, and tea consumption is a big one," said Mark L. Schiller, President and CEO of Hain Celestial Group in a press release. "Today,...
Lake Success, NY—The Hain Celestial Group has reported financial results for the first quarter 2021 ended September 30, 2020. A press release from the company notes that the results are presented with the Hain Pure Protein and Tilda segments being treated as discontinued operations. Highlights include: Net sales increased 3%,...
Lake Success, NY—The Hain Celestial Group announced its partnership with Folds of Honor, a national nonprofit dedicated to providing educational scholarships to spouses and children of America’s fallen and disabled service members. More than 1.4 million dependents of American service members have been affected by the wars in Afghanistan and...
Lake Success, NY—The Hain Celestial Group has reported financial results for the fourth quarter and full fiscal year ended June 30, 2020, in a press release. The quarter saw higher sales than Q4 2019, but the year overall saw a drop in sales compared to fiscal year 2019. Quarterly highlights...
Lake Success, NY—The Hain Celestial Group, Inc. has completed the divestiture of Danival to a subsidiary of Wessanen N.V., according to a press release. Danival sells organic products made from fruits and vegetables sourced from France. A press release from Wessanen notes that Danival supports more than 30 farmers in...
Lake Success, NY—The Hain Celestial Group has exceeded expectations on its third quarter results, according to a press release, and has raised its 2020 fiscal year guidance. Mark L. Schiller, Hain Celestial's President and CEO, said in the release: "I am pleased to be raising our full year guidance for...
Lake Success, NY—The Hain Celestial Group has reported financial results for the second quarter ended December 31, 2019, in a press release. Highlights include: Net sales of $506.8 million decreased 5% compared to the prior year period. When adjusted for foreign exchange, divestitures, and SKU rationalization, net sales decreased 1%.
Trust Transparency Center announced that Len Monheit has been promoted to Chief Executive Officer. Previously serving as the organization's Managing Partner, Monheit led the formation of Trust Transparency's single ingredient trade stewardship programs in the curcumin, prebiotic and coconut categories globally and developed TTC's consulting practice. The Board of Directors...
Lake Success, NY—The Hain Celestial Group reported financial results for the first quarter 2020 ended September 30, 2019, and announced their new CFO. Highlights of the quarter include: Net sales decreased 7% compared to the prior year period. When adjusted for Foreign Exchange and Acquisitions, Divestitures, SKU rationalization, and other...
Lake Success, NY—The Hain Celestial Group, Inc. announced in a press release that it has sold Arrowhead Mills and SunSpire to Hometown Food Company, a wholly-owned portfolio company of Brynwood Partners VII L.P. and Brynwood Partners VIII L.P., for $15 million, subject to customary post-closing adjustments. The transaction includes the...
