Thursday, August 23, 2012

Hain up about 20% on great earnings?

Hain Celestial (HAIN) was way up today on great earnings... That's right, the high end and heathy food company. Shouldn't they be getting crushed on the high prices from the great drought of 2012?

Healthy eating is "not a fad, not a trend", according to CEO Simon. Consumption of the category is up 14%, vs about 1% on the main stream food categories.

Of course the super fast growth of Whole Foods doesn't hurt, but HAIN is growing like mad in Walmart, Costco,and ... wait for it ... Amazon!
Organic chips, Sleepy Time tea and a book, why not?

97% are GMO free.

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