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BRIEF-Hain Celestial sees full year 2017 net sales $2.84-$2.86 bln
June 22, 2017 / 10:29 AM / 6 months ago

BRIEF-Hain Celestial sees full year 2017 net sales $2.84-$2.86 bln

June 22 (Reuters) - Hain Celestial Group Inc:

* Hain Celestial announces financial results and expands strategic plan to deliver enhanced shareholder value

* James Langrock has been appointed as executive vice president and chief financial officer

* Hain Celestial Group Inc - company’s board of directors has authorized repurchase of up to $250 million of company’s issued and outstanding common stock

* Hain Celestial Group Inc sees full year 2017 net sales $2.84 to $2.86 billion

* Hain Celestial Group Inc sees initial fiscal year 2018 adjusted EBITDA of $350 million to $375 million

* No material changes to previously reported financial statements

* Hain Celestial Group sees Q4 adjusted earnings per share $0.40 to $0.43

* Hain Celestial Group sees full year 2017 adjusted EPS $1.19 to $1.22

* Hain Celestial Group sees initial fiscal year 2018 total net sales growth of 4% to 6%

* Hain Celestial Group sees Q4 net sales $715 million to $735 million

* Expects to deliver $350 million in cost savings through fiscal 2020

* Fy2017 earnings per share view $1.90, revenue view $2.86 billion -- Thomson Reuters I/B/E/S

* Qtrly earnings per share $ 0.30

* Q4 earnings per share view $0.54, revenue view $724.8 million -- Thomson Reuters I/B/E/S

* Qtrly adjusted earnings per share $0.33 Source text for Eikon: Further company coverage:

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