Hain Celestial Q3 Loss Narrows, Stock Up In Pre-market

The Hain Celestial Group reported a smaller third-quarter loss than the same period last year, but revenue declined. The update points to mixed fundamentals: improved profitability on a year-over-year basis, offset by weaker top-line performance.

Analysis

The Hain Celestial Group reported a smaller third-quarter loss than the same period last year, but revenue declined. The update points to mixed fundamentals: improved profitability on a year-over-year basis, offset by weaker top-line performance.