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Stock impact report

Hain Celestial completes the sale of the Thinsters cookie brand as it narrows focus to key categories [Seeking Alpha]

The Hain Celestial Group, Inc. (HAIN) 
Last the hain celestial group, inc. earnings: 2/6 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.hain.com
Company Research Source: Seeking Alpha
Foods ( JJSF ). The company said the all-cash transaction further optimizes the company's better-for-you portfolio and will be used to pay down debt. "Divesting Thinsters further streamlines our supply chain network and strengthens our ability to focus our efforts on driving greater reach and scale of our core better-for-you brands across our categories of focus," noted Hain Celestial CEO Wendy Davidson. Last year, Hain Celestial ( HAIN ) introduced Hain Reimagined, the company's multi-year transformation plan to pivot the business toward growth. The Thinsters divestiture was noted to contribute to that plan as it further refines the company's uniquely positioned portfolio of better-for-you brands across the key growth categories of snacks, baby & kids food, beverages, meal preparation, and personal care. Looking ahead, Hain Celestial ( HAIN ) said it will continue to identify opportunities to progress its efforts to focus on key categories through operating model optimization a Show less Read more
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