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Can Hain Celestial’s Margin Improve in Fiscal 3Q18?

Can Hain Celestial’s Margin Improve in Fiscal 3Q18?

For fiscal 3Q18, Hain Celestial Group (HAIN) is expected to report an adjusted gross margin of 21.8% compared to 20.3% in fiscal 3Q17. Analysts expect operating expenses to increase 3.8% to $90.4 million. Despite that increase, its adjusted operating profit is expected to be $72.8 million, up 29.4%.