India, Feb. 7 -- While reporting financial results for the second quarter on Tuesday, organic and natural products company Hain Celestial Group, Inc. (HAIN) trims its organic net sales growth guidance for the full year 2024.
For fiscal 2024, the company now projects organic net sales growth of approximately 1 percent or more, compared to previous guidance of 2 to 4 percent growth.
On average, 12 analysts polled by Thomson Reuters expect the company to report a sales decline of 2.1 percent to $1.84 billion for the year.
For the second quarter, the company posted a net loss of $13.54 million or $0.15 per share, compared to net income of $10.97 million or $0.12 per share in the prior-year quarter. Excluding items, adjusted earnings for the ...