Greetings, and welcome to the Hain Celestial Third Quarter 2021 Earnings Conference Call. [Operator Instructions]
It is now my pleasure to introduce your host, Anna Kate Heller. Thank you, Anna Kate. You may begin.
Anna Kate Heller
Investor Relations
Thank you. Good morning, and thank you for joining us on Hain Celestial s Third Quarter Fiscal Year 2021 Earnings Conference Call. On the call today are Mark Schiller, President and Chief Executive Officer; and Javier Idrovo, Executive Vice President and Chief Financial Officer. During the course of this call, management may make forward-looking statements within the meaning of the federal securities laws. These include expectations and assumptions regarding the company s future operations and financial performance, including expectations and assumptions related to the impact of the COVID-19 pandemic. These statements are based on management s current expectations and involve risks and uncertainties that could differ materially fr
The interweaving parallel narratives in Night Sky With Exit Wounds. Source: Poetry Foundation
May 7, 2021
Greek mythological epics have laid the path traversed by literary greats, Homer’s archetypal characters permeating the very essence of Western culture. Literature is colourfully enriched when repurposed and reappropriated into new, diverse narratives and there are no two experiences more diametrically opposed than those of the Ancient Greeks and Ocean Vuong, a second-generation immigrant whose parents fled war-torn Vietnam. Yet, as he unpacks Western canonical epics, he ties common threads in his variegated poetic patchwork of personal and cultural identity. Despite the spatial and temporal rifts, Vuong claims “displacement, war, violence and trauma is a human and species-wide history,” and thus any story is only amplified by the subtle echo of voices of another. By reframing and inhabiting Western works with the use of poetic license, Vuong
Company s 52-week low was at $25.40
Price action over last quarter: down 6.50%
Company Profile
Hain Celestial makes better-for- you natural and organic consumer products, with 69% of fiscal 2020 revenue considered grocery, 15% snacks, 10% personal care, and 6% tea. Some of the company s most recognized brands are Celestial Seasonings (tea), Terra (chips), Garden of Eatin (chips), Sensible Portions (snacks), The Greek Gods (yogurt), Earth s Best (baby food and care), and Ella s Kitchen (baby food). The company primarily sells in developed markets, including the U.S. (49% of revenue), U.K. (32%), Canada (8%), and Europe (11%). Its products can be found in traditional grocery stores, natural foods supermarkets, specialty health stores, mass-market retailers, club warehouses, drugstores, convenience stores, and restaurants and e-commerce sites.
Hain Celestial Reports Third Quarter Fiscal Year 2021 Financial Results
244 Basis Point Expansion of Gross Margin
Net Income Growth of 37%
Adjusted EBITDA Growth of 22%
Gross Margin Improvement and Adjusted EBITDA Growth Expected to Continue
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LAKE SUCCESS, N.Y., May 6, 2021 /PRNewswire/ The Hain Celestial Group, Inc. (Nasdaq: HAIN) ( Hain Celestial , Hain or the Company ), a leading organic and natural products company with operations in North America, Europe, Asia and the Middle East providing consumers with A Healthier Way of Life™, today reported financial results for the third quarter ended March 31, 2021. The results contained herein are presented with the Hain Pure Protein and Tilda operating segments being treated as discontinued operations. All growth comparisons are against the corresponding prior year period unless otherwise noted.
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