Executive Decision: Irwin Simon
In his second "Executive Decision" segment, Cramer sat down with Irwin Simon, chairman, president and CEO of Hain Celestial (HAIN), the organic food maker that delivered a two-cents-a-share earnings beat on record revenue that rose 22% year over year.
Simon said Hain continues to grow into one of the largest natural and organic food companies in the world and it remains exciting times for all those involved. He said Hain's goal is to sell products everywhere there's a cash register because people need to eat well no matter where they are.
When asked whether the consumer is now rejecting non-healthy options, Simon noted consumers are more educated and when they compare Hain's organic juices with carbonated cola, they see the difference in sugar levels and artificial ingredients and choose Hain's products.
Finally, when asked about pricing, Simon said Hain remains aggressive about reducing costs but admitted it needs to do more to keep good food affordable for everyone.
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-- Written by Scott Rutt in Washington, D.C.
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