Hain Celestial Posts Strong Sales And Profit Gains For Fiscal 3Q 2013

Hain Celestial Group, Inc. reported net sales increased 21.4 percent to $456.1 million in the third quarter ending March 31, 2013, from the same period of the previous year. GAAP net income increased 68.9 percent to $40.7 million. The company also reported GAAP earnings per diluted share from continuing operations of $0.87, an increase of 61.1 percent. Adjusted earnings per diluted share increased 28.6 percent to $0.72, while adjusted EBITDA increased 27.8 percent to $216 million for the 12-month period. Worldwide net sales for the quarter increased 21.4 percent to $456.1 million from the $375.8 million of the previous year period.