Hain Celestial Reports a Q3 Sales Boost for Organic Products

Organic and natural products company Hain Celestial (HAIN) reported third quarter earnings on Wednesday that topped analyst estimates. The health food and drinks company posted earnings of $0.45 per share, up from last year's $0.44 per share. Revenue was stronger than analysts expected, coming in at $662.73 million. Third quarter sales were the highest ever for the company, up 19 percent from the previous year. The maker of brands such as Rice Dream and Walnut Acres Organic was hit by the strong dollar but saw strong growth in the U.S. and UK markets. Hain recently acquired Empire Kosher foods to bulk up its pure protein section. Hain shares were slightly down following the earnings report.