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Last $54.12 USD
Change Today +1.95 / 3.74%
Volume 1.5M
HAIN On Other Exchanges
As of 8:10 PM 10/9/15 All times are local (Market data is delayed by at least 15 minutes).

hain celestial group inc (HAIN) Snapshot

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52 Week High
08/5/15 - $70.65
52 Week Low
10/15/14 - $48.31
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hain celestial group inc (HAIN) Details

The Hain Celestial Group, Inc. manufactures, markets, distributes, and sells organic and natural products in the United States, the United Kingdom, Canada, and Europe. Its grocery products include infant formula; infant, toddler, and kids foods; diapers and wipes; rice and grain-based products; flour and baking mixes; breads, hot and cold cereals, pasta, condiments, cooking and culinary oils, granolas, granola bars, and cereal bars; canned, chilled fresh, aseptic, and instant soups; Greek-style yogurt; chilies and packaged grains; and chocolates and nut butters, as well as plant-based beverages and frozen desserts, such as soy, rice, almond, and coconut. The company’s grocery products also comprise juices, hot-eating, chilled and frozen desserts, cookies, crackers, gluten-free frozen entrees and bars, frozen pastas and ethnic meals, frozen fruits and vegetables, cut fresh fruits, refrigerated and frozen soy protein meat-alternative products, tofu, seitan and tempeh products, jams, fruit spreads and jelly, honey, marmalade, and other food products. In addition, it provides snack products, such as potato, root vegetable, and other vegetable chips, as well as straws, tortilla chips, whole grain chips, pita chips, puffs, and popcorn; specialty teas, including herbal, green, black, wellness, rooibos, and chai tea lattes; ready-to-drink beverages comprising organic kombucha and chai tea lattes; personal care products consisting of skin, hair and oral care, deodorants, baby care items, acne treatment, body washes, and sunscreens; and poultry and protein products, such as turkey and chicken products. The company sells its products through specialty and natural food distributors, supermarkets, natural food stores, mass-market and e-commerce retailers, food service channels and club, and drug and convenience stores in approximately 70 countries worldwide. The Hain Celestial Group, Inc. was founded in 1993 and is headquartered in Lake Success, New York.

6,307 Employees
Last Reported Date: 08/21/15
Founded in 1993

hain celestial group inc (HAIN) Top Compensated Officers

Founder, Chairman, Chief Executive Officer an...
Total Annual Compensation: $2.1M
Executive Vice President and Chief Executive ...
Total Annual Compensation: $825.0K
Chief Compliance Officer, General Counsel, Ex...
Total Annual Compensation: $565.0K
Special Advisor to the Chief Executive Office...
Total Annual Compensation: $556.3K
Compensation as of Fiscal Year 2014.

hain celestial group inc (HAIN) Key Developments

The Hain Celestial Group, Inc. Introduces New Celestial Organics Premium Tea Offerings

The Hain Celestial Group, Inc. announced that the company has introduced its new Celestial Organics premium tea offerings. Celestial Organics features nine new certified organic blends in two distinct lines: Herbal Teas and Teas for Wellness. Celestial Organics features two product lines: Celestial Organics Herbal Teas and Celestial Organics Teas for Wellness. Celestial Organics Herbal Teas are simple, delicious pairings of certified organic ingredients combine trend-forward botanicals like turmeric and cardamom with classic herbal tea favorites like chamomile and lemongrass. Celestial Organics Herbal Teas are available now in five varieties: Chamomile & Lavender, Cinnamon & Cardamom, Ginger & Turmeric, Lemon & Elderflower and Mint & Lemon Verbena. Celestial Organics Teas for Wellness are certified organic blends provide specific benefits for your body and support everyday wellness using only easily recognized ingredients. Whenever possible, these teas use pharmacopoeial grade botanicals to assure quality standards. Celestial Organics Teas for Wellness are available now in four varieties that address many of the top wellness needs of today's consumers: Detox Herbal Supplement, Digestion Herbal Tea, Immunity Herbal Supplement and Relaxation Herbal Supplement. Like all Celestial Seasonings products, each Celestial Organics tea is sourced, blended, packaged and shipped in accordance with the brand's 'Blended With Care From Seed to Sip' philosophy. From farmers' fields to consumers' tea cups, 'Blended With Care' ensures that the brand's teas deliver the quality and taste that consumers expect and are produced in a way that protects the Earth's natural resources.

Hain Celestial Group Inc. Agrees to Settle for Nearly $10 Million Class-Action Lawsuit in California

Hain Celestial Group Inc. has agreed to settle for nearly $10 million a class-action lawsuit in California alleging the company falsely labeled its Avalon Organics and Jason brand personal care products as organic. After more than four years of litigation, the natural and organic food and personal care products company headquartered in Lake Success has agreed to contribute $7.5 million to a claims fund, which will be used to compensate California purchasers of the products. Hain Celestial will also disburse up to $2 million in coupons, issued in $2 denominations, redeemable within a year toward the purchase of any Avalon Organics or Jason brand cosmetics. The settlement goes to consumers who allegedly paid a premium over comparable personal care products that did not purport to be organic, the plaintiff’s attorney Mark N. Todzo of the Lexington Law Group wrote in the settlement agreement submitted Sep. 21, 2015 to the U.S. District Court in San Francisco. Hain Celestial officials declined to comment on September 23, 2015. In court documents the company said it began to bring the products into compliance around the time the litigation was started. Hain set aside $5.725 million in the fourth quarter of fiscal 2015 and $1.975 million in prior years in connection with the settlement. The lawsuit, filed in 2011, noted that the Jason branded products displayed the phrase Pure, Natural & Organic, while Avalon product labels had Organics on them, but alleged they didn't meet the standards of California's Organic Products Act. That law requires that products represented as organic consist of at least 70% organic ingredients. The settlement, which still needs court approval, will compensate people who purchased an Avalon Organics product in California between May 11, 2007, and May 11, 2011, and a Jason product in California from May 11, 2007, to Jan. 30, 2011. They will receive up to $50 in cash or up to $80 in cash and coupons. The settlement funds will also be used to pay up to $4 million in attorney’s fees, up to $650,000 in administrative fees, and up to $16,500 to plaintiffs Rosminah Brown, Eric Lohela and Lauren Crivier. The remainder will be distributed to the California Consumer Protection Foundation and the Jesse Smith Noyes Foundation.

Hain Celestial Group Seeks Acquisitions

Irwin Simon, Founder,President and Chief Executive Officer, The Hain Celestial Group, Inc. (NasdaqGS:HAIN) and John Carroll Executive Vice President and Chief Executive Officer mentioned that the company is looking for further acquisitions. They said, “We generate a lot of cash and pay down debt, and we have plenty of capacity on our balance sheet to go out there and do additional acquisitions. So, our debt level continues to decrease.”


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