Hain Celestial

No. 435: Kicking off, sinking vs. swimming and justice for all (fraud victims, that is)

  End run: Welcome to Friday, dear readers, and the last leg of this busy late-summer workweek. It’s Sept. 6 out there, and if you had the Mayflower departing Plymouth, England, and setting a course for history on this date in 1620, well done! A half-crown and two shillings for you; please contact our Awards Department for more information. Are you ready for some football? It’s Unification Day in Bulgaria and Armed Forces Day in…

At Henry Schein, worth a Fortune and still climbing

By GREGORY ZELLER // Long Island’s only Fortune 500 company is actually a little more Fortune-ate than it was last year – thought its success is based on anything but luck. Melville-based global distributor Henry Schein Inc. – a stalwart supplier of the medical, dental and animal health industries – claims the 238th spot in Fortune magazine’s 64th annual list of America’s largest corporations, released Monday. That’s a five-spot jump from the company’s 2017 ranking….

Hain Celestial up 9%, sets cost-cutting plan

A 9 percent jump in year-over-year earnings marked a strong third quarter for innovative food products company Hain Celestial Group. The Lake Success-based distributor of the Celestial Seasons, Earth’s Best and Terra chips brands recorded adjusted earnings of 49 cents per share for the quarter ended March 21, the third quarter of Hain Celestial’s fiscal 2016. Net sales rose 13 percent over their 3Q FY2015 levels, to $750 million, despite an estimated $13.9 million loss…

Irwin Simon, Hain Celestial

Hain Celestial posts record quarterly sales

Lake Success-based Hain Celestial Group reported record third-quarter numbers led by surging sales of its organic products and the boost of new acquisitions, despite the impact of a strong U.S. dollar overseas. Hain, which owns Celestial Seasonings, Earth’s Best and the improbably popular Terra chips brands, posted quarterly sales of $662.7 million, an almost 19 percent increase over the same quarter a year ago. Without foreign currency swings, sales would have leapt almost 25 percent….