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]

Accessibility StatementSkip Navigation The Innovation Experience Center is a vibrant, 2,200-square-foot working kitchen, designed to be a hub for hands-on creativity and sensory exploration. It will unite Hain teams, customers and partners to discover, design and develop as they ideate and advance better-for-you products for consumers across the globe. The space will be utilized for cross-functional product development, ingredient testing, quality reviews, category assessments, and evaluating the functional ...

The Hain Celestial Group (NASDAQ: HAIN ) stock price corrected sharply after the last quarter's results. However, factors impacting its results in the previous quarter are short-term and unlikely to recur as we move into the back half ofI have over 15 years of experience investing and have provided research services to mid-sized hedge funds with assets under management between $100 and $500 million. I also have had a brief stint as a sell-side analyst. I am now focusing primarily on managing my own money an ...

For the quarter ended September 2024, Hain Celestial (HAIN) reported revenue of $394.6 million, down 7.2% over the same period last year. EPS came in at -$0.04, compared to -$0.04 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $393.18 million, representing a surprise of +0.36%. The company delivered an EPS surprise of -100.00%, with the consensus EPS estimate being -$0.02.While investors scrutinize revenue and earnings changes year-over-year and how they compare wit ...

Financial Performance - The company reported a year-over-year decline in net sales of 7.2%, with net sales of $394.6 million, slightly beating the consensus estimate of $393 million [1][5] - Organic sales decreased by 5% year-over-year, driven by a 4-point drop in volume/mix and a 1-point reduction in price [5] - Adjusted gross profit fell 6.1% to $81.9 million, but the adjusted gross margin expanded by 30 basis points to 20.8% [5] - Adjusted EBITDA was $22.4 million, down from $24.1 million in the year-ago quarter, with the adjusted EBITDA margin remaining flat at 5.7% [6] Segment Performance - North America segment net sales declined 11.1% year-over-year to $231.1 million, with organic net sales down 6% due to lower snack sales [7] - The North America segment's adjusted EBITDA dropped to $12.5 million, with the adjusted EBITDA margin decreasing by 180 basis points to 5.4% [8] - International segment net sales fell 0.9% to $163.5 million, with organic net sales down 3% due to lower sales in meal prep and baby & kids categories [8] - The International segment's adjusted EBITDA increased to $20.4 million, with the adjusted EBITDA margin expanding by 190 basis points to 12.5% [9] Strategic Initiatives - The company is focusing on refining its portfolio, streamlining operations, and investing in marketing for essential brands to improve gross margins and brand awareness [2] - Through revenue growth management, working capital optimization, and productivity enhancements, the company aims to generate resources for reinvestment and long-term shareholder value [3] Financial Position - The company ended the quarter with $56.9 million in cash and cash equivalents, long-term debt of $732.8 million, and total shareholders' equity of $963.7 million [10] - Net cash used in operating activities was $10.8 million, with a free cash outflow of $17 million during the quarter [10] Outlook - For fiscal 2025, the company expects organic net sales growth to be flat or better, with adjusted EBITDA projected to rise in the mid-single digits and gross margin anticipated to increase by at least 125 basis points [12] - The company anticipates generating at least $60 million in free cash flow for the year [12] - Hain Celestial's shares have gained 8.3% in the past three months, outperforming the industry's 0.7% decline [12]