Hain Celestial’s Results Largely In-Line (HAIN)

The Hain Celestial Group, Inc. HAIN reports Q4 EPS of $0.26 versus estimates of $0.24. The Hain Celestial Group, Inc. reports revenues of $222.8 million versus estimates of $223.39 million. The company announced its fiscal year 2011 guidance of $1.025 to $1.050 billion in sales and $1.24 to $1.31 earnings per diluted share. "During the fourth quarter our sales and consumption momentum continued with solid performance from our United States, Canadian and Continental European operations. In a tough economy, consumers continued to recognize the value of eating healthy and how healthful eating will continue to be a major part of people's lives, which we believe will allow us to expand our business for the future," said Irwin D. Simon, President and Chief Executive Officer of Hain Celestial. "We ended fiscal year 2010 with the Sensible Portions(R) snacks acquisition and began fiscal year 2011 with The Greek Gods(R) yogurt acquisition--both exciting strategic additions, which should expand our product offerings into growing categories and should provide us with an opportunity to leverage our existing brands with product extensions in these categories." Shares of HAIN are higher in the after-hours by 1.94%.