Organic products maker Hain Celestial Group Inc. said Tuesday it had net income of $19.8 million, or 19 cents a share, in its fiscal first quarter to end September, up from $8.6 million, or 8 cents a share, in the year-earlier period. Adjusted per-share earnings came to 23 cents, matching the FactSet consensus. Sales rose 4% to $708.3 million, ahead of the FactSet consensus of $697 million. The company said it still expects fiscal 2018 sales of $2.967 billion to $3.036 billion and adjusted EPS of $1.63 to $1.80. Shares were not yet active premarket, but have fallen 12% in 2017, while the S&P 500 has gained 16%.
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