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HAIN News
HAIN Events
Hain Celestial Reports Q3 Revenue of $338.36M
Reports Q3 revenue $338.36M, consensus $341.65M. "Third quarter results reflect improving execution and financial discipline as we continued to strengthen our foundation and advance our turnaround strategy. Strong cash generation and debt reduction materially improved our financial position, while the completion of the North American snacks divestiture further enhances our margin and cash flow profile going forward. In North America, our core business remains resilient, and we are making progress in addressing stranded costs. Our near-term priorities remain the same: optimize cash, strengthen the balance sheet, improve profitability, and stabilize sales, while our five actions to win position Hain for sustainable, profitable growth," stated Alison Lewis, President and CEO.
Hain Celestial Completes Sale of North American Snacks Business
Hain Celestial Group announced that it has completed the previously announced sale of its North American Snacks business, including Garden Veggie Snacks, Terra chips and Garden of Eatin' snacks, to Snackruptors, a Canadian, family-owned snacks manufacturer.
Major Averages Close Higher as Traders Await Jobs and Earnings Reports
The major averages closed higher as traders await the January jobs report and another slate of earnings reports. Of note, several companies in the AI infrastructure space, including Nvidia, Broadcom, and Oracle, were trading higher despite continued concerns around valuations in the space.Looking to commodities, gold was sharply higher with the "safe haven" asset surpassing $5,000 once again. Oil prices were also on the rise, continuing the commodity's strength over the past few sessions.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:TransoceanValarisin a $5.8B all-stock transactionEli LillyOrna Therapeutics for up to $2.4BKyndryl Holdingsreportedand named Harsh Chugh interim CFOHims & Herswillto its compounded semaglutide pill days after the FDA said it would "take action" against non-FDA-approved GLP-1 drugsKrogerand reaffirmed its FY25 guidance2. WALL STREET CALLS:Oraclewasto Buy at DA Davidson and downgraded to Hold at Melius ResearchMicrosoftto Hold at Melius Research on threats from AISoFi Technologiesto Outperform at CitizensRobloxto Buy at Roth CapitalJPMorganKyndrylafter "stunning" CFO exit3. AROUND THE WEB:Nike'sConverse will cut jobs amid a reorganization at Nike, Bloomberg reportsMeta'sInstagram is internally testing a new app that will rival Snapchat, Business Insider saysApple'siPhone 17e with MagSafe is coming "soon," Bloomberg saysJBShas agreed to invest $150M to obtain an 80% stake in an Oman food business through a deal with Oman Investment Authority, Bloomberg reportsBlockhas begun notifying hundreds of employees that their jobs may be eliminated as the company undergoes a broader business overhaul, Bloomberg says4. MOVERS:STMicroelectronicsgains in New York afterwith Amazon Web ServicesAmericas Gold and Silverincreases in New York after TD Securitiesof the stock with a Buy ratingTeraWulfhigher after Morgan Stanleywith an Overweight ratingCleveland-Cliffsfalls afterand providing guidance for FY26Vizsla Silverlower afteron its project site in Concordia, Mexico5. EARNINGS/GUIDANCEPagayaand provided guidance for Q1 and FY26Hain Celestial, with EPS missing consensusMonday.com, with co-CEOs Roy Mann and Eran Zinman commenting, "We delivered another year of strong, disciplined execution in 2025"Sally Beautyand narrowed its guidance for FY26PowerFleetand narrowed its guidance for FY26INDEXES:The Dow rose 20.20, or 0.040%, to 50,135.87, the Nasdaq gained 207.46, or 0.90%, to 23,238.67, and the S&P 500 advanced 32.52, or 0.47%, to 6,964.82.
Dow Jones Index Rises 0.06% to 50,145.62
The major averages were higher near noon as traders await the January jobs report and another slate of earnings reports. Of note, several companies in the AI infrastructure space, including Nvidia, Broadcom, and Oracle, were trading higher despite continued concerns around valuations in the space.Looking to commodities, gold was sharply higher near noon with the "safe haven" asset surpassing $5,000 once again. Oil prices were also on the rise, continuing the commodity's strength over the past few sessions.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:TransoceanValarisin a $5.8B all-stock transactionEli LillyOrna Therapeutics for up to $2.4BKyndryl Holdingsreportedand named Harsh Chugh interim CFOHims & Herswillto its compounded semaglutide pill days after the FDA said it would "take action" against non-FDA-approved GLP-1 drugsKrogerand reaffirmed its FY25 guidance2. WALL STREET CALLS:Oraclewasto Buy at DA Davidson and downgraded to Hold at Melius ResearchMicrosoftto Hold at Melius Research on threats from AISoFi Technologiesto Outperform at CitizensRobloxto Buy at Roth CapitalJPMorganKyndrylafter "stunning" CFO exit3. AROUND THE WEB:Metacriticizes EU regulators after they charged the company with breaching antitrust rules and threatened to halt its block AI rivals on WhatsApp, Reuters reportsApple'siPhone 17e with MagSafe is coming "soon," Bloomberg saysDF Research issued a cautious report on RXO, saying the firm believes lenders forced RXO to replace the unsecured credit with secured because the company is failingJBShas agreed to invest $150M to obtain an 80% stake in an Oman food business through a deal with Oman Investment Authority, Bloomberg reportsBlockhas begun notifying hundreds of employees that their jobs may be eliminated as the company undergoes a broader business overhaul, Bloomberg says4. MOVERS:STMicroelectronicsgains in New York afterwith Amazon Web ServicesAmericas Gold and Silverincreases in New York after TD Securitiesof the stock with a Buy ratingTeraWulfhigher after Morgan Stanleywith an Overweight ratingCleveland-Cliffsfalls afterand providing guidance for FY26Vizsla Silverlower afteron its project site in Concordia, Mexico5. EARNINGS/GUIDANCEPagayaand provided guidance for Q1 and FY26Hain Celestial, with EPS missing consensusMonday.com, with co-CEOs Roy Mann and Eran Zinman commenting, "We delivered another year of strong, disciplined execution in 2025"Sally Beautyand narrowed its guidance for FY26PowerFleetand narrowed its guidance for FY26INDEXES:Near midday, the Dow was up 0.06%, or 29.95, to 50,145.62, the Nasdaq was up 1.12%, or 257.85, to xxx, and the S&P 500 was up 0.63%, or 44.01, to 6,976.31.
Company Reports Q2 Revenue of $384M, Exceeding Expectations
Reports Q2 revenue $384M, consensus $383.23M. "We demonstrated meaningful strategic and operational progress in the second quarter and are advancing our turnaround strategy with urgency. We took bold steps to sharpen our portfolio and strengthen our balance sheet through the divestiture of our North American snack business, giving us greater financial flexibility alongside an improved margin and cash flow profile. Our core categories are stable, our operational execution is improving, and we demonstrated strong cash delivery in the quarter. The actions underway across simplification, pricing, innovation, and productivity provide a clear path to sequential improvement in the back half of the year. We remain confident in our path forward," stated Alison Lewis, President and CEO.
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