Hain Sees One-Time Restructuring And Related Costs Of $115M - $125M Across FY24 And FY25
Portfolio Pulse from Benzinga Newsdesk
Hain Celestial Group Inc. anticipates one-time restructuring and related costs of $115M - $125M across FY24 and FY25.
September 13, 2023 | 11:46 am
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Hain Celestial Group Inc. is expected to incur one-time restructuring and related costs of $115M - $125M across FY24 and FY25.
The announcement of one-time restructuring and related costs is likely to be perceived negatively by the market. These costs, which are significant, will impact the company's financial performance in FY24 and FY25. This could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100