Group 1 - The core strategy of Hain Celestial has shifted from aggressive acquisition to divestiture, aiming to strengthen its financial position and competitive edge against larger food companies [3][4] - The company is selling its North American snacks business, which includes brands like Garden Veggie Snacks and Terra chips, to Snackruptors for $115 million, marking a significant strategic pivot [7] - Hain's CEO Alison Lewis emphasizes the need to focus on profitable categories and markets, indicating a commitment to exiting unprofitable segments and improving overall sales performance [6][7] Group 2 - Hain Celestial's snacks segment has faced increasing competition from major players like General Mills and Nestlé, alongside challenges from inflation and economic uncertainty, which have negatively impacted sales and margins [5][6] - The decision to sell the snacks business is seen as a necessary response to external pressures that the segment could not withstand, despite previous marketing and innovation efforts [6] - The sale is expected to simplify Hain's North American portfolio, allowing the company to concentrate on core categories with better margins and cash flow [7]