date:May 03, 2013
Hain, the maker of Celestial Seasonings teas and Health Valley soups, also said it acquired premium baby food maker Ella's Kitchen Group Ltd for an undisclosed amount.
Hain reported net income of $40.7 million, or 85 cents per share, in the fiscal third quarter, ended on March 31, up from $24.1 million, or 52 cents per share, a year earlier.
Net sales rose to $456.1 million. That compared with analysts' average estimate of $480.8 million, according to Thomson Reuters I/B/E/S.
Hain said the ac