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Benzinga

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Benzinga Insights

Hain Celestial Group's Return On Capital Employed Insights

Hain Celestial Group HAIN Nasdaq

According to Benzinga Pro data Hain Celestial Group (NASDAQ:HAIN) posted a 20.58% decrease in earnings from Q2. Sales, however, increased by 5.45% over the previous quarter to $502.94 million. Despite the increase in sales this quarter, the decrease in earnings may suggest Hain Celestial Group is not utilizing their capital as effectively as possible. In Q2, Hain Celestial Group earned $30.89 million and total sales reached $476.94 million.

Why Is ROCE Significant?

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