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The Hain Celestial Group, Inc.

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Shares of Hain Celestial have underperformed the industry in the past six months. The stock was also under pressure after it ended third-quarter fiscal 2018 on a soft note. Although the top and the bottom line improved year over year, they missed estimates for the second quarter in a row. A trimmed fiscal 2018 earnings view also hurt investor sentiment. The company continues to witness dismal sales in the United States. Nonetheless, in order to improve efficiency and simplify brand portfolio, the company decided to divest Hain Pure Protein business, which is likely to close in the first half of fiscal 2019. With an extensive portfolio of brands, Hain Celestial offers one of the strongest growth profiles. Acquisitions have been a key part of the company’s strategy to gain market share. Moreover, the company’s SKU rationalization program, cost containment and expansion of distribution network bode well.


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