The Hain Celestial Group, Inc. (NASDAQ:HAIN) shares are trading higher on Friday, following the release of its first-quarter adjusted earnings per share, which came in at an eight-cent loss, missing the analyst consensus estimate of a five-cent loss.
Quarterly sales of $367.883 million (down 7% year over year) outpaced the Street view of $364.012 million.
Also Read: Trade Desk Smashes Q3 Estimates, Analysts Slash Price Targets: What’s Going On?
Metrics
Organic net sales fell 6% from the prior-year period. A 7-point drop in volume/mix drove the decline, partly offset by a 1-point price increase.
In the North America segment, organic net sales decreased by …
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