HOBOKEN, N.J., April 16, 2025 (GLOBE NEWSWIRE) -- Hain Celestial Group (Nasdaq: HAIN), a leading global health and wellness company whose purpose is to inspire healthier living through better-for-you brands, plans to issue its financial results for the fiscal third quarter before the market opens on Wednesday, May 7, 2025. The company will host a conference call, which will be webcast, to discuss the results at 8:00 AM ET. Speaking on behalf of Hain Celestial will be Wendy Davidson, President and Chief Exec ...

Hain's North America President sheds light on baby food standards, testing and transparency in the latest edition of The Hain Way corporate blogHOBOKEN, N.J., April 10, 2025 /PRNewswire/ -- As a leading global health and wellness company with a purpose to inspire healthier living, Hain Celestial Group, Inc. (Nasdaq: HAIN) is committed to offering better-for-you products made with the highest quality and safety standards, while ensuring consumers have access to the information they need to make healthier nut ...

Core Insights - Earth's Best has launched a new line of organic play + learn finger foods aimed at children aged 6 months and up, focusing on healthy habits and self-feeding skill development [1][3][6] - The new products are designed based on childhood nutrition research, featuring simple ingredients without artificial flavors or preservatives, and are crafted to dissolve easily for young children [2][8] Product Details - The product line includes three types: Organic Crunchy Sticks (0.56 oz), Organic Melty Hoops (0.70 oz and 1.28 oz), and Organic Munchy Fingers (1.05 oz) [4][8] - Organic Crunchy Sticks are aimed at children 6+ months, promoting the palmar grasp with flavors like Strawberry Banana and Cheddar Cheese [8] - Organic Melty Hoops target children 8+ months, designed for the pincer grip, available in Spring Veggies and Strawberries + Mangoes [8] - Organic Munchy Fingers are for children 10+ months, helping with the radial digital grasp, available in Mixed Berry and Mango Carrot flavors [8] Company Background - Earth's Best was founded in 1985 and has been a leader in organic baby food, providing a variety of nutritious options for families [6] - The brand's mission is to make wholesome food enjoyable for children while assisting families in the early feeding years [6] - The Hain Celestial Group, which owns Earth's Best, is a health and wellness company focused on inspiring healthier living through better-for-you brands [7]

Hain President and Chief Executive Officer explains how the manufacturer makes it easier for consumers to understand their options in the latest post on The Hain Way corporate blog HOBOKEN, N.J., March 25, 2025 /PRNewswire/ -- The Hain Celestial Group, Inc. (Nasdaq: HAIN), a leading global health and wellness company whose purpose is to inspire healthier living through better-for-you brands, continues to lead the industry by leveraging its deep expertise and legacy of delivering great-tasting products while ...

Core Viewpoint - J.P. Morgan analyst Ken Goldman maintains a Neutral rating on The Hain Celestial Group, Inc., lowering the price forecast to $5 from $6, reflecting a cautious outlook on the company's sales trends [1] Group 1: Sales Performance - The revised estimates indicate that sales trends are likely to decline by approximately -4%, which is worse than the more optimistic -3% forecast from Consensus Metrix [1] - Certain U.S.-based categories such as baby food, tea, and yogurt are performing relatively better, while the snack segment is struggling, as indicated by NielsenIQ data [2] - The International segment may also underperform this quarter due to consumers shifting towards discount retailers, negatively impacting sales in major categories [2] Group 2: Financial Estimates - EBITDA estimates have been revised downwards: 3Q25 to $40 million from $47 million, FY25 to $150 million from $158 million, FY26 to $154 million from $165 million, and FY27 to $158 million from $168 million, all figures falling below Consensus Metrix projections [4] - Concerns over the potential unreliability of projected EBITDA figures used in consensus forecasts contribute to the neutral stance [3] Group 3: Strategic Outlook - CEO Wendy Davidson's strategy focuses on growth through efficiency-driven marketing and innovation, which could yield long-term benefits for the company [4] - Some of the company's brands have unique shelf positions, presenting significant potential for expanded distribution [5] Group 4: Market Reaction - HAIN shares are trading lower by 9.79% to $3.915 as of the last check [5]

The Hain Celestial Group, Inc. (NASDAQ: HAIN ) recently reported its Q2 ’25 numbers . Given the lack of coverage and a massive decline in share price, I thought I’d go through the numbers in a bitMSc in Finance. Long-term horizon investor mostly with 5-10 year horizon. I like to keep investing simple. I believe a portfolio should consist of a mix of growth, value, and dividend-paying stocks but usually end up looking for value more than anything. I also sell options from time to time.Analyst’s Disclosure: I ...

Core Points - Hain Celestial Group has expanded its partnership with Feeding America to support the Fight Hunger. Spark Change. campaign by donating 10 cents for every specially marked bag of Garden Veggie™ Snacks sold at participating Walmart stores [1][2][3] - The campaign runs from March 1-31, 2025, with a guaranteed minimum donation of $100,000 and a maximum possible donation of $250,000, which equates to at least one meal for each bag sold [2][3] - Feeding America reports that 47 million individuals, including 13.8 million children, face food insecurity, marking the highest rate in a decade [3] Company Initiatives - Hain Celestial Group's participation in the Fight Hunger. Spark Change. campaign began last year with four products in 1,200 Walmart stores, and has now expanded to five products available in nearly all Walmart stores nationwide [6] - The campaign has generated over $206 million and helped secure 2 billion meals for the Feeding America network of local food banks over its 12-year history [4] Product Information - The Garden Veggie™ products involved in the campaign include Garden Veggie™ Straws in Sea Salt and Zesty Ranch, and Flavor Burst™ Tortilla Chips in Nacho Cheese, Zesty Ranch, and Smoky BBQ [8]

Financial Performance - Net sales for the three months ended December 31, 2024, were $411.5 million, a decrease of $42.6 million, or 9.4%, compared to the prior year quarter[141] - Gross profit for the same period was $93.5 million, a decrease of $8.8 million, or 8.6%, with a gross profit margin of 22.7%, slightly up from 22.5% in the prior year[142] - Operating loss for the three months ended December 31, 2024, was $91.9 million, compared to a loss of $0.8 million in the prior year quarter[150] - Net loss for the three months ended December 31, 2024 was $104.0 million, or $1.15 per diluted share, compared to a net loss of $13.5 million, or $0.15 per diluted share in the prior year quarter[157] - Adjusted EBITDA for the three months ended December 31, 2024 was $37.9 million, a decrease of $9.2 million, or 19.6%, from $47.1 million in the prior year quarter[158] - Consolidated net sales for the six months ended December 31, 2024 were $806.1 million, a decrease of $73.0 million, or 8.3%, compared to $879.1 million in the prior year period[168] - Net loss for the six months ended December 31, 2024 was $123.6 million, or $1.37 per diluted share, compared to a net loss of $23.9 million, or $0.27 per diluted share in the prior year period[183] - Adjusted EBITDA decreased to $60.3 million for the six months ended December 31, 2024, down from $71.2 million in the prior year, representing a decline of 15.4%[184] Sales Performance - Organic net sales decreased by $29.4 million, or 6.8%, primarily due to a decline in the North America reportable segment[141] - North America net sales for the three months ended December 31, 2024 were $229.3 million, a decrease of $38.4 million, or 14.3%[160] - International net sales for the three months ended December 31, 2024 were $182.2 million, a decrease of $4.2 million, or 2.3%[163] - Organic net sales for the six months ended December 31, 2024 decreased by $50.0 million, or 6.0%[168] - North America net sales were $460.4 million, a decrease of $67.3 million, or 12.8%, primarily due to lower sales in snacks and personal care categories[187] - International net sales were $345.7 million, a decrease of $5.8 million, or 1.6%, with organic net sales down 3.7% to $337.6 million[190] Expenses and Cost Management - Selling, general and administrative expenses decreased by $3.8 million, or 5.1%, to $70.2 million, primarily due to lower employee-related expenses[144] - Selling, general and administrative expenses for the six months ended December 31, 2024 were $141.5 million, a decrease of $9.6 million, or 6.5%[171] - Interest and other financing expenses decreased by $3.3 million, or 20.7%, to $12.8 million, attributed to a lower outstanding debt balance and reduced borrowing rates[151] - The company incurred approximately $7.3 million in expenses associated with the Hain Reimagined Program for the three months ended December 31, 2024[138] - Cash used in financing activities was $17.1 million for the six months ended December 31, 2024, a decrease of $7.0 million compared to $24.1 million in the prior year[205] Impairment Charges - The company recorded a non-cash goodwill impairment charge of $91.3 million during the three months ended December 31, 2024, due to a decline in market capitalization[145] - Goodwill impairment charge of $91.3 million was recorded during the six months ended December 31, 2024[172] - The company recognized significant intangible asset impairment charges during the three months ended December 31, 2024, leading to an interim quantitative impairment test for goodwill[220] - As of December 31, 2024, the U.S. reporting unit's carrying amount exceeded its estimated fair value of $800,000, resulting in a non-cash impairment charge of $91,267, reducing goodwill from $633,774 to $542,507[221] Tax and Cash Flow - The effective income tax rate for the three months ended December 31, 2024, was an expense of 2.7%, compared to a benefit of 25.2% in the prior year[155] - The effective income tax rate for the six months ended December 31, 2024 was an expense of 5.4%, compared to a benefit of 30.0% in the prior year[181] - Cash provided by operating activities was $20.1 million, a decrease of $14.6 million from $34.7 million in the prior year period[203] - Free cash flow for the six months ended December 31, 2024, was $8.0 million, a decrease of $14.0 million from $22.0 million in the same period of 2023[207] Future Outlook and Risks - Annualized pretax savings from the Hain Reimagined Program are expected to be between $130 million and $150 million[138] - Future cash flow estimates are subjective, and actual results may differ materially from the Company's estimates, potentially leading to additional impairment charges[221] - The Company has not identified any material changes in market risk factors since the last annual report[227] Seasonal Trends - Certain product lines experience seasonal fluctuations, with stronger sales of hot tea and desserts in colder months, while snack foods and personal care products perform better in warmer months[226] - Historical data shows that net sales and diluted earnings per share in the first fiscal quarter are typically the lowest of the four quarters[226]

The Hain Celestial Group, Inc. (HAIN) has posted second-quarter fiscal 2025 results, with the top and bottom lines declining year over year. Also, both metrics missed the consensus mark.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Despite challenges in the quarter, the company generated a strong operating cash flow and reduced debt. Sequential improvement was achieved in the Baby & Kids category, as well as in the largest category, Meal Prep. However, sales growth was hindered by p ...

Financial Data and Key Metrics Changes - Organic net sales declined by 7% in Q2 2025, with free cash flow of $25 million and a reduction in net debt by $12 million [10][44][56] - Adjusted EBITDA was $38 million, with an adjusted EBITDA margin of 9.2%, reflecting a 350 basis point increase from the first quarter [10][44] - Adjusted gross margin was 22.9%, a decrease of approximately 60 basis points year over year due to cost inflation and higher trade spend [44] Business Line Data and Key Metrics Changes - Snacks experienced poor in-store performance, leading to a decline in sales, while baby and kids' products saw a recovery in infant formula supply, with a 29% year-over-year increase in consumption [9][22] - Meal prep showed sequential improvement in year-over-year organic net sales growth trends, with branded soup in the UK achieving double-digit dollar sales growth [30][31] - Personal care, the smallest category, is undergoing a strategic review to focus on better-for-you food and beverage [34][56] Market Data and Key Metrics Changes - North American organic net sales declined by 9%, primarily due to lower sales in snacks and personal care [49] - International organic net sales declined by 4%, driven by lower sales in meal prep and short-term service challenges [52] - Away from home net sales grew by 38% in North America and 52% internationally [40] Company Strategy and Development Direction - The company is focused on its Hain Reimagine strategy, aiming to simplify its portfolio and concentrate on better-for-you food and beverage [34][64] - A new North America commercial structure has been implemented to improve customer focus and consumer engagement [36] - The company expects to pivot to growth in the back half of fiscal 2025, driven by improved marketing effectiveness and distribution gains [11][58] Management's Comments on Operating Environment and Future Outlook - Management expressed caution regarding the full-year outlook due to a softer than expected first half and a volatile macro environment, adjusting organic net sales expectations to a decline of 2% to 4% for fiscal 2025 [11][58] - The management remains confident in the building blocks for growth, including improved supply chain reliability and marketing strategies [11][64] - The company anticipates a material step-up in gross margin and adjusted EBITDA in Q4 2025 [60] Other Important Information - The company has taken $7 million in charges associated with restructuring and transformation-related expenses during the quarter [46] - The long-term goal remains to reduce balance sheet leverage to three times adjusted EBITDA or less by 2027 [57] - The company is exploring strategic options for its personal care business to focus on food and beverage [34] Q&A Session Summary Question: Can you provide more detail on the poor in-store performance in snacks? - Management indicated that the main challenge was driving distribution and that a shift in promotional activity impacted overall velocities [70][72] Question: Are you building in flexibility in your back half guidance for unforeseen challenges? - Management acknowledged the caution in guidance due to past execution challenges and the dynamic packaged food environment [82] Question: What is the expected cadence for organic sales growth in the second half? - Management expects organic sales growth to pivot starting in Q3, driven by distribution gains and promotional activity [88][89] Question: How are you managing the P&L and margins with the shift in promotional activity? - Management stated that they are reallocating marketing spend to focus on conversion-driven activities while maintaining overall budget [94] Question: What indications are there that the pivot in promotional spending is working? - Management reported improved consumption trends in the market, indicating positive early results from the new marketing approach [139] Question: How will the new distribution center impact productivity and cost savings? - Management confirmed that the new distribution center will improve speed to shelf and service levels, contributing to overall productivity improvements [141][142] Question: How did category captain issues impact North American snacks sales? - Management confirmed that category captain issues had a material impact on sales due to shelf placement and assortment, which will be resolved in upcoming resets [148]