The Hain Celestial Group, inc (HAIN) Q4 2021 Earnings Call Transcript fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
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
Analyst Ken Goldman writes that Hain will deliver accelerating organic sales growth. Dreamstime
Hain Celestial Group is trading higher early Wednesday, following an upgrade from J.P. Morgan, which argues that the stock’s big rally isn’t over yet.
Analyst Ken Goldman raised his rating on Hain (ticker: HAIN) to Overweight from Neutral and his price target to $43 from $35. The move follows his meeting last week with top company brass, including CEO Mark Schiller and Chief Financial Officer Javier Idrovo, who “told a convincing story about the opportunities ahead.”
Hain, which makes natural and organic food, beauty, and household products, has jumped more than 50% year to date, helped in part by consumers’ renewed focus on health and wellness during the pandemic. Goldman acknowledges that the company faces tough comparisons in 2021 as it laps its Covid-19 boost.