Company taking ‘first to mind, first to find’ approach.
 

Deal continues a string of snack acquisitions this year.

Fiscal 2024 positioned company for “pivot to growth” phase, CEO says.

Supply chain challenges in infant formula and snack distribution issues impede progress.
 

The company also continues to reduce its manufacturing footprint.

Hain Celestial has owned the brand since 2021.

Marquardt replaces Hain’s previous president, Ari Labell. 

Company is guiding a weaker-than-expected second half of the fiscal year.

Lag S&P 500 performance by 31 points.

Amber Jefferson will oversee global HR functions.