Hain Celestial slashes SKUs, braces for a ‘longer than expected’ return to growth
Hain Celestial is slashing its portfolio and consolidating its operating footprint to “unlock savings” and “further de-leverage the balance sheet” as part of a broader “Hain Reimagined Strategy,” but the four-prong plan may take longer than expected as illustrated by the company’s disappointing third quarter earnings, warned CEO Wendy Davidson.
