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Stock impact report

Hain Celestial Group to consolidate food portfolio [Yahoo! Finance]

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: Yahoo! Finance
The changes will affect its meal prep, snacks, baby/children'ss food and beverages lines. In meal prep, the business is looking to streamline the Linda McCartney plant-based meats range, with the goal of pushing the frozen side of the portfolio which is sold in Europe and the UK. The Terra vegetable crisps maker intends to make changes to its baby/children's food and drinks range as well, "as part of ongoing brand maintenance". The consolidation process has already its sale of cookies group Thinsters, which Hain Celestial handed off to local peer J&J Snack Foods in April for an unknown sum. Last month, the Natumi milk alternatives owner also shut down production and operations with its joint-venture with local FMCG group Future Consumer in India. Set up in 2017, the venture was intended to expand Hain Celestial brands further into the Indian market. The planned consolidation come as Hain Celestial looks to find ways to drive growth under its Hain Reimagined strategy, launch Show less Read more
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