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
By Henry Sandercock2021-05-07T09:19:00+01:00
Source: Linda McCartney’s
The range comprises Barista Style SKUs in oat and coconut variants, as well as Organic Soya and Organic Rice
Linda McCartney’s has moved beyond meat-free for the first time, launching a four-strong lineup of milk alternatives.
Made with no added sugar and no more than six ingredients, the organic quartet would deliver on the taste credentials that were “synonymous” with Linda McCartney’s, it said.
The range comprises Barista Style SKUs in oat and coconut variants, as well as Organic Soya and Organic Rice (rsp: £1.99/one litre). It will roll out from 12 May.
Hain Celestial overcomes ‘unplanned slowdown’ in baby food after category-wide heavy metal concerns raised Hain Celestial’s baby food brand Earth’s Best “picked up significant distribution” in the company’s third quarter despite a congressional report released in February alleged there are ‘dangerously high’ trace levels of metals in baby foods produced by multiple companies across the industry.
The uptake in the face of ongoing industry-wide scrutiny of heavy metals in baby food, including potential regulation, legislation and litigation, speaks to the strength of the company’s strategy for reshaping the brand’s portfolio, retailers readiness to accept new products and reset categories after pausing these activities during the early days of the pandemic and Hain’s broader efforts to drive distribution gains.
Welcome to this week s Insider Cannabis.
First off, my interview with Aurora Cannabis CEO Miguel Martin seemed to have struck a chord with readers on social media many did not appreciate the thought of comparing cannabis to Monsanto, a company that was often a lightning rod for criticism over GMOs and pesticides and their role in our food supply and agricultural economy.
Despite that, the point stands: Cannabis is an agricultural commodity. Growing will shift to more cost-effective strategies as legalization spreads to new jurisdictions.
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