Hain Celestial plans to aggressively reduce its portfolio under interim CEO Alison Lewis after reporting a net loss of $531m. Revenue dropped 10% to $1.56bn, with volume/mix down 5%. Shares fell over 20% as losses widened. Adjusted EBITDA was $114m, down from $155m. The company aims to stabilize and repay debt.

Read more at Yahoo Finance: Hain Celestial to “aggressively” cut portfolio as shares slide on $531m loss