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Health Food Maker Ramping Up Growth

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  • Description

    Hain Celestial CEO Irwin Simon breaks down the company's biggest driver for growth.

  • Duration 5:08
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Natural and organic food giant -- Hain Celestial Group is bringing healthy food to the consumer -- for years but.

It's really ramping up growth with new acquisitions both here and in Europe but will the stock continue to see organic growth because it's been doing really really well lately I'm joined now -- -- Fox Business exclusive.

By Irwin Simon he's -- celestial chairman.

And CEO okay that your your most recent earnings net -- come up 57%.

Year over here.

At a time of -- at a time of financial crisis or at least worries how have you done this what is the biggest driver for you guys right now.

So number one Liz scrapes the -- Up a number two is you know team didn't in building -- over the last 1819 years.

You know I focused on brand focused on people focused on -- you keeping to our strategy.

And you know we have some the greatest brands they with her spats with health valley with arrowhead mills.

You know up 34% terra chips up 21% -- beaten up 43%.

Store brands are growing but the most important thing.

The world is eating healthy eating healthy not a trend.

Not a fat it's a part of life -- that that's what driving consumption fungus that Amazon remember when they just sold books for.

Amazon today is one of our top.

Five customers in selling baby products to -- What -- so which they expect -- we're asking people what's that the top selling baby products for you know that the fancy pants set organic or listen my kids were both only raised on Earth's best baby food.

They never get sick.

I'm just.

Had to go to Harvard exit -- is there gonna gonna Herbert is gonna -- -- totally Halliburton.

But.

Smart investing.

Also equals healthy eating because of looking at your stock which by the way hit another high it's up 70%.

This year alone.

And sometimes you can have a great company and a great product -- the stock doesn't reflect it.

So so to step back great fundamentals you know just.

We have great brands we've really grown distribution here in the US we've really expand -- distribution whether it's a wal -- -- -- world.

You know our earnings are organic growth up double -- -- sales up 25%.

Our earnings per share up 50% we thrown off a tremendous -- -- free cash you know what we have done great acquisition Greek gods.

You know -- bottom and was close to a twenty million dollar business hundred million dollar business a lot of late room -- go.

Sensible portions -- same thing we about a 126 or 56 million dollar business.

Over hundred million dollar business today.

And you are continuing now want to hold this up okay I'm told the label -- like I don't know national TV they worry there we gotta get the -- -- it's.

Blueprint right if Rupert blueprint Jean sur and -- -- -- -- Okay this is -- thing where you starve that's how I look at it but can't say OK so you expect this to be accretive.

Very early next year we'll -- -- -- when we close but here's the big thing about that most -- is today.

There is had juice -- -- After that you it's just it issues because most juices are pasteurized they're heated they kill everything so you're drinking juice you not get NATO.

Here it is organic.

-- -- were getting the full serving of fruits and vegetables there's agreeing -- -- to six pounds of vegetables okay.

Healthy case -- there's also -- which for three days -- you wanna go on six or seven different uses he plans a creative one.

Accretive in 2013 is secretive you know for in the first year by few pennies but -- more important -- a deal we just in the UK -- which is you know extremely creative.

-- we brought brands like -- son -- deals have been around a hundred here McCartney Linda McCartney.

You know new Covent Garden soups.

So we have some great brands -- the UK is over 600 million dollars in dip in sales trust any erosion because of all of the troubles -- having the European.

You know he hears the big thing with -- Canadian was in this consumption growing in every four weeks to look consumption.

What's happening are we affected by her -- sandy and questions asked where -- The -- well here's -- -- the consumer stayed at home eight to consumer loaded up before the hurricane.

Lot of consumers lost their product and -- -- throat and then ran to the stores have a lot of lot more.

And and that's what happened out there but you know what there's 370.

Whole foods of it.

And whole foods will open up a thousand stores every -- -- whole foods opens up a store around these more more natural -- products to effects.

12% of the float of this company's short -- -- the shorts believe somehow that you guys are going to stumble.

You know I think the shorts combat -- we've had phenomenal growth.

We've had phenomenal earnings growth top line growth and they come back and think there's you know few brands that make up the growth in the company.

You know I don't worry but the shorts a review of the data day in filling them we you know what the consumers need and you know.

You know -- would be wrong and we got to go -- -- thing and I think that's what any high growth stock -- -- in their look for an opportunity how we not into high growth to 68% to the upside over the past year over year not bad at all with a PE of twenty occur when it's great to see you think cable is great to see you and keep meeting health because it yet you're looking great okay I'm giving up plus for the arches and -- terra chips.

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