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Actionable news in HAIN: The Hain Celestial Group, Inc.,

Jim Cramer's Top Takeaways: Hain Celestial, Etsy, ServiceNow

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Hain Celestial (HAIN - Get Report) : In an exclusive interview, Cramer spoke with Irwin Simon, chairman, president and CEO of Hain Celestial, a stock that soared 9.2% today on a strong quarter and the announcement of a reorganization that should save the company $100 million in cost savings.

Simon said while every other food company is trying to become healthy and organic, Hain beat them to it. Nearly 99% of its products are free if GMOs and 40% are all organic. Most importantly, with 35% of all consumption coming from millennials, Simon said millennials trust the Hain brand.

As for the reorganization, Simon noted that after purchasing dozens of brands and selling products in 70 countries, it was time to take out some costs to run more efficiently and use the extra cash to reinvest into the brands.

Simon said Hain now sells to a wide variety of retailers, from Whole Foods Market (WFM - Get Report) to Costco (COST...


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