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The Hain Celestial Group Announces CEO Transition and Strategic Review of Portfolio
GlobeNewswire News Room· 2025-05-07 11:00
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]
Hain Celestial Announces Fiscal Third Quarter 2025 Results Conference Call and Webcast
Globenewswire· 2025-04-16 20:15
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 Celestial and Earth's Best® Highlight Long-Standing Commitment to Baby Food Safety as a Partner to Parents and Caregivers for 40 Years
Prnewswire· 2025-04-10 13:28
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 ...
Hain Celestial Expands Reach of Better-For-You Snacks to Dollar General
Prnewswire· 2025-04-02 13:00
Manufacturer's channel expansion unlocks new opportunities to reach a broader consumer base, enhance market presence HOBOKEN, N.J., April 2, 2025 /PRNewswire/ -- Embracing its "first to mind, first to find" approach, 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 increasing access to its snack offerings by making them available at Dollar General stores. Hain Celestial’s Garden Vegg ...
New Grips on the Block! Earth's Best® Unveils Line of Organic Play + Learn Finger Foods to Help Little Ones Learn to Self-Feed
Prnewswire· 2025-03-27 13:00
Core Insights - Earth's Best has launched a new line of organic play + learn finger foods aimed at children aged 6 months and up, reinforcing its commitment to child nutrition and development [1][3][6] - The new products are designed based on childhood nutrition research, featuring textures and flavors that promote self-feeding skills [2][8] - The finger foods are made with simple, wholesome ingredients, free from artificial flavors and preservatives, and are crafted to dissolve easily for young children [2][4] Product Details - The product line includes Organic Crunchy Sticks, Organic Melty Hoops, and Organic Munchy Fingers, each tailored for different developmental stages [3][8] - Organic Crunchy Sticks are available in a 0.56 oz multi-serve package and are designed for children aged 6+ months [4][8] - Organic Melty Hoops come in a 0.70 oz multi-serve bag and a 1.28 oz 4ct single-serve multipack, suitable for children aged 8+ months [4][8] - Organic Munchy Fingers are offered in a 1.05 oz box of nine, aimed at children aged 10+ months [4][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][7] - The brand's mission focuses on helping children build healthy eating habits from an early age [6][7] - The Hain Celestial Group, which owns Earth's Best, is a health and wellness company that markets products in over 70 countries [7]
New Grips on the Block! Earth's Best® Unveils Line of Organic Play + Learn Finger Foods to Help Little Ones Learn to Self-Feed
Prnewswire· 2025-03-27 13:00
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 Celestial Leads in Free-From Artificials, Better-For-You With 30+ Year Legacy Innovating to Support Diverse Dietary Needs
Prnewswire· 2025-03-25 15:35
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 ...
Hain Celestial Valuation Is Low Versus Historical Levels, But Analyst Remains Neutral - Here's Why
Benzinga· 2025-03-14 18:24
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]
Hain Celestial Q2: Needs A Lot To Prove That It Is Going To Turn Around
Seeking Alpha· 2025-03-05 20:50
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].
Hain Celestial Expands Partnership in Walmart's Fight Hunger. Spark Change.
Prnewswire· 2025-03-05 13:30
Manufacturer to donate 10 cents to Feeding America® for every specially marked bag of select Garden Veggie™ Snacks products sold in participating Walmart stores in the United StatesHOBOKEN, N.J., March 5, 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, announced today an expanded partnership with Feeding America,® the largest domestic hunger-relief organization in the ...