Core Insights - Hain Celestial Group announced the departure of Wendy Davidson as President and CEO, effective immediately, and has appointed Alison E. Lewis as Interim President and CEO [1][2][3] - The Board is executing a leadership succession plan and conducting a comprehensive strategic review of the Company's portfolio with the assistance of Goldman Sachs & Co to enhance shareholder value [4][5] Leadership Transition - Alison E. Lewis, with over 30 years of experience in the consumer goods industry, has been appointed as Interim President and CEO [2][6] - Dawn Zier, Chair of the Board, expressed confidence in Lewis's ability to lead during the transition and emphasized the focus on maximizing the value of Hain [3] Strategic Review - The Board's strategic review aims to evaluate the Company's strategy and portfolio in light of recent performance, with no definitive timetable for completion [5] - The review will explore a broad range of strategic options to enhance value for shareholders [4][5] Company Overview - Hain Celestial Group is a leading health and wellness company focused on inspiring healthier living through better-for-you brands, with products marketed in over 70 countries [7][8] - The Company has a diverse product portfolio including snacks, beverages, and baby foods, with well-known brands such as Garden Veggie Snacks™, Celestial Seasonings® teas, and Earth's Best® Organic [7][8]

Group 1 - Hain Celestial Group plans to release its financial results for the fiscal third quarter on May 7, 2025, before market opening [1] - The conference call to discuss the results will be hosted by CEO Wendy Davidson and CFO Lee Boyce at 8:00 AM ET [1] - A question-and-answer session will follow the prepared remarks, with participation from covering analysts [1] Group 2 - The webcast and presentation will be available on the company's corporate website under the Investors section [2] - Investors can access the conference call by dialing specific numbers and referencing a conference ID [2] - A replay of the call will be available until May 14, 2025, with access through designated phone numbers [2] Group 3 - Hain Celestial Group is a leading health and wellness company focused on inspiring healthier living through better-for-you brands [3] - The company has been delivering nutrition and well-being products for over 30 years and operates in over 70 countries [3] - Notable brands under Hain Celestial include Garden Veggie Snacks™, Terra® chips, and Earth's Best® Organic, among others [3]

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]

Core Insights - The Hain Celestial Group, Inc. reported its Q2 '25 financial results, highlighting a significant decline in share price and a lack of coverage in the market [1]. Financial Performance - The company’s Q2 '25 numbers were analyzed, indicating potential investment opportunities due to the drastic drop in share price [1]. Investment Perspective - The analysis suggests a long-term investment horizon of 5-10 years, focusing on a balanced portfolio that includes growth, value, and dividend-paying stocks, with a particular emphasis on value stocks [1].

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]

Core Insights - Hain Celestial Group, Inc. reported a decline in both revenue and earnings for the second quarter of fiscal 2025, missing consensus estimates [1][4][5] - The company has lowered its fiscal 2025 guidance due to challenges in commercial execution and supply chain issues [2][17] Financial Performance - Adjusted earnings were 8 cents per share, below the consensus estimate of 12 cents, down from 12 cents in the same quarter last year [4] - Net sales totaled $411.5 million, missing the consensus estimate of $430 million, representing a 9.4% year-over-year decline [5] - Organic sales fell 7% year over year, driven by a 5-point drop in volume/mix and a 2-point reduction in price [5] - Adjusted gross profit was $94.3 million, down 11.7% from the previous year, with a gross margin contraction of 60 basis points to 22.9% [5] Segment Performance - North America segment net sales decreased 14.3% year over year to $229.3 million, with organic net sales down 9% due to reduced snack sales [7] - International segment net sales fell 2.3% to $182.2 million, with organic net sales declining 4% due to decreased meal prep sales [8] - In the Snacks category, organic net sales declined 13% year over year, while Baby & Kids category saw a smaller decline of 1% [12][13] Cost and Cash Flow - SG&A expenses were $70.2 million, down 5.1% from $74 million in the year-ago quarter [6] - Adjusted EBITDA was $37.9 million, down from $47.1 million in the previous year, with a margin of 9.2% [6] - The company ended the quarter with cash and cash equivalents of $56.2 million and long-term debt of $721.1 million [16] Future Outlook - The updated guidance projects organic net sales growth to decline by 2-4%, down from a previously expected flat or better performance [18] - Adjusted EBITDA is now expected to be flat year over year, a downward revision from prior mid-single-digit growth expectations [18] - Hain anticipates generating at least $60 million in free cash flow for the year [19]