Hain Celestial to sell Hain Pure Protein stake, global net sales fall
date:May 13, 2019
sclosed on May 5, 2018, the results of operations, financial position and cash flows related to the operations of the Hain Pure Protein business segment have been classified under discontinued operations of Hain Celestials current and prior financial statements. Net sales for Hain Pure Protein in its third fiscal quarter were US$88.7 million, a decrease of 25 percent compared to the prior year period. Net loss from discontinued operations, net of tax in the third quarter, was US$75.9 million and
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