Tuesday, Hain Celestial Group Inc. (HAIN) reported fourth-quarter net income of $1.3 million or $0.03 per share, compared to net income of $6.5 million or $0.16 per share in the same quarter last year.
On an adjusted basis, the company reported earnings of $0.28 per share for the quarter.
On average, nine analysts polled by Thomson Reuters expected the company to earn $0.30 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales for the quarter was $262.7 million, down from $278.3 million in the comparable quarter last year. Analysts expected the company to report revenue of $287.43 million.
For the full year 2010, the company expects net sales in the range of $1.010 billion - $1.030 billion with earnings in the range of $1.19 - $1.28 per share. Sales are expected to increase from 4% - 6% from the year ago period. Analysts currently anticipate the company to earn $1.36 per share on revenue of $1.22 billion.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.