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]

Hain Celestial Second Quarter Fiscal Year 2025 Financial Results Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks, uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, our results may differ materially from those expressed or implied by such forward-looking statements. The words "be ...

Company Performance - Hain Celestial reported quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.12 per share, and down from $0.12 per share a year ago, representing an earnings surprise of -33.33% [1] - The company posted revenues of $411.49 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 4.37%, and down from year-ago revenues of $454.1 million [2] - Over the last four quarters, Hain Celestial has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Performance - Hain Celestial shares have lost about 23.7% since the beginning of the year, while the S&P 500 has gained 2.5% [3] - The current status of estimate revisions is unfavorable, leading to a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Future Outlook - The current consensus EPS estimate for the coming quarter is $0.16 on revenues of $428.27 million, and $0.43 on revenues of $1.67 billion for the current fiscal year [7] - The outlook for the industry, specifically the Food - Miscellaneous sector, is currently in the bottom 22% of over 250 Zacks industries, which may impact the stock's performance [8]

Financial Performance - Net sales for the fiscal second quarter were $411 million, a decrease of 9% year-over-year, with organic net sales down 7%[6] - The net loss was $104 million, compared to a net loss of $14 million in the prior year period, with adjusted net income at $8 million, down from $11 million[6] - Adjusted EBITDA for the fiscal second quarter was $38 million, down from $47 million in the prior year, with an adjusted EBITDA margin of 9.2%[12] - The company reported a net loss of $103,975,000 in Q2 2025, compared to a net loss of $13,535,000 in Q2 2024, indicating a significant increase in losses[38] - Adjusted EBITDA for Q2 2025 was not explicitly stated but is a key metric for evaluating operational performance[32] - Adjusted EBITDA for Q2 FY25 was $37.893 million, down 19.6% from Q2 FY24's $47.126 million[44] - Adjusted net income for Q2 FY25 was $7.506 million, compared to $10.899 million in Q2 FY24, marking a decline of 31.9%[48] Sales and Revenue Trends - Organic net sales in the snacks category declined by 13% year-over-year, primarily due to in-store marketing activation and promotion effectiveness[17] - The company is revising its fiscal 2025 guidance, expecting organic net sales growth to be down 2% to 4% and adjusted EBITDA to be flat year-over-year[27] - Q2 FY25 consolidated net sales decreased by 9.4% to $411.485 million compared to Q2 FY24's $454.100 million[44] - Organic net sales for Q2 FY25 declined by 6.8% to $403.853 million, compared to $433.230 million in Q2 FY24[50] - Year-to-date net sales for Q2 FY25 were $806.081 million, a decrease of 8.3% from $879.129 million in Q2 FY24[46] - The Baby & Snacks segment saw a net sales decline of 21.2% and 18.1% year-to-date, respectively[52] - The company experienced a significant decline in the Meal Prep segment, with a 46.6% decrease in net sales year-over-year[52] Profitability and Margins - The gross profit margin was 22.7%, a 20-basis point increase from the prior year, while adjusted gross profit margin decreased by 60 basis points to 22.9%[6] - Gross profit for Q2 2025 was $93,452,000, down from $102,215,000 in Q2 2024, reflecting a gross margin decline[38] - Adjusted gross profit for Q2 FY25 was $94.310 million, reflecting an 11.7% decline from Q2 FY24's $106.771 million[44] - The gross margin for Q2 FY25 was 22.7%, down from 22.5% in Q2 FY24[44] - Adjusted EBITDA margin for Q2 FY25 was 9.2%, compared to 10.4% in Q2 FY24[44] Debt and Cash Flow - Total debt decreased to $729 million from $744 million at the beginning of the fiscal year, with net debt at $672 million[12] - Free cash flow is projected to be at least $60 million for the fiscal year[27] - Cash and cash equivalents at the end of Q2 2025 were $56,200,000, slightly up from $54,307,000 at the end of Q2 2024[42] - Free cash flow for Q2 FY25 was $(6.382) million, compared to $(5.829) million in Q2 FY24[56] - Total debt as of June 30, 2024, was $744.092 million, with net debt at $689.785 million[58] Strategic Initiatives - The company is exploring strategic options for its personal care business to focus on better-for-you food and beverages[3] - The company emphasized the importance of organic net sales as a measure of growth, excluding the impact of acquisitions and foreign exchange[36] - The impact of divestitures and discontinued brands contributed to a 3.3% decline in consolidated net sales for Q2 FY25[50] - The impact of divestitures and discontinued brands reduced net sales by $4.557 million in Q2 FY25[52] - Future outlook includes continued focus on organic growth despite recent challenges in various segments[52]

Core Insights - Hain Celestial Group reported a net sales decline of 9% year-over-year, with net sales totaling $411 million for the fiscal second quarter ended December 31, 2024 [6][9][43] - The company generated strong operating cash flow of $31 million, an increase from $21 million in the prior year period, and reduced total debt to $729 million from $744 million at the beginning of the fiscal year [6][5][23] - The company is exploring strategic options for its personal care category to focus on its core better-for-you food and beverage portfolio, aiming to simplify operations and enhance shareholder value [3][23] Financial Performance - Organic net sales decreased by 7% year-over-year, driven by a 5-point decrease in volume/mix and a 2-point decrease in price [6][9] - Gross profit margin improved slightly to 22.7%, a 20-basis point increase from the prior year, while adjusted gross profit margin decreased to 22.9%, a 60-basis point decline [6][9] - The net loss for the quarter was $104 million, compared to a net loss of $14 million in the prior year, primarily due to non-cash goodwill and intangible asset impairment charges of $107 million [6][9] Segment Performance - North America segment net sales decreased by 14% year-over-year, while the International segment saw a smaller decline of 2% [9][10] - The snacks category experienced a significant decline of 21% in net sales, attributed to ineffective in-store marketing and promotional activities [17][18] - The personal care segment faced a drastic decline of 47% in net sales, driven by SKU simplification initiatives [22][23] Guidance and Outlook - The company has revised its fiscal 2025 guidance, expecting organic net sales growth to decline by 2% to 4% [24][23] - Adjusted EBITDA is anticipated to remain flat year-over-year, with gross margin expected to increase by at least 90 basis points [30][23] - Free cash flow is projected to be at least $60 million, reflecting improved cash generation capabilities [30][23]

Global manufacturer's distribution network expansion project part of Hain Reimagined strategy enables increased customer responsiveness, enhanced speed to shelf, and reduced transportation costs HOBOKEN, N.J., Feb. 4, 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, is slated to bring online a new distribution center this month. This completes a multi-year expansion pro ...

Wall Street expects a year-over-year increase in earnings on lower revenues when Hain Celestial (HAIN) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February ...

HOBOKEN, N.J., Jan. 22, 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 second quarter before the market opens on Monday, February 10, 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 E ...

30+ years of expertise providing Americans with delicious foods & beverages made with high-quality ingredients and no artificial flavors and only colors from natural sourcesHOBOKEN, N.J., Jan. 7, 2025 /PRNewswire/ -- As we step into the New Year, 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, is helping consumers more easily embrace a healthier lifestyle with its wide range of delicious and c ...

Industry Overview - In 2021, the U.S. experienced a significant shortage of infant formula due to COVID-19 supply challenges and a major recall from a leading supplier, resulting in over 40% of the formula supply being out of stock [1] - Although the supply has improved three years later, it has not fully stabilized [1] Company Insights - Hain Celestial North America announced that Earth's Best Organic infant formula and toddler milk drinks are now fully stocked in distribution centers nationwide [2] - Earth's Best is a pioneer in organic formula, with a market size of $5 billion and strong consumer awareness of over 70% [2] - The brand enjoys high loyalty, with 83% of its dairy formula shoppers unwilling to switch to another brand [2] - Earth's Best was recognized as the Best Organic Baby Formula of 2024 by BabyCenter [2] Product Details - Earth's Best Organic formulas are produced in the U.S. using globally sourced ingredients, with manufacturing facilities located in Vermont and Ohio [3] - All formulas are USDA certified organic, made with non-GMO ingredients, and include 30 vitamins and minerals essential for infant growth [3] - The formulas are designed to be easy to digest and contain omega-3 DHA and Omega-6 ARA for brain and eye development [3] Availability - Earth's Best Organic infant formula and toddler milk drinks are available at major retailers including Walmart, Amazon, Publix, and Kroger [4] Company Background - 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 [5] - The company has a diverse portfolio that includes snacks, baby/kids products, beverages, and personal care items [5]