HOBOKEN, N.J., Dec. 15, 2025 (GLOBE NEWSWIRE) -- The Hain Celestial Group, Inc. (“Hain Celestial” or the “Company”) (Nasdaq: HAIN), today announced that Alison E. Lewis has been appointed President and Chief Executive Officer, effective immediately. Ms. Lewis had been serving as Hain Celestial’s Interim President and Chief Executive Officer since May 2025. Ms. Lewis will also continue in her role as a member of the Board of Directors (the “Board”).Dawn Zier, Chair of the Board, said, “The Board has had the ...

Core Insights - The Hain Celestial Group reported financial results for its fiscal first quarter ended September 30, 2025, indicating a mixed performance with a focus on stabilizing sales and improving profitability [1][2][3]. Financial Highlights - Net sales for Q1 FY26 were $368 million, a decrease of 7% year-over-year, with organic net sales down 6% [8][9]. - The gross profit margin was 18.5%, a decrease of 220 basis points from the prior year, while adjusted gross profit margin was 19.5%, down 120 basis points [8]. - The company reported a net loss of $21 million compared to a net loss of $20 million in the prior year, with an adjusted net loss of $7 million versus $4 million [8]. - Adjusted EBITDA was $20 million, down from $22 million in the prior year, reflecting a decrease in profitability [8]. Segment Highlights - North America segment net sales were $204 million, down 12% year-over-year, with organic net sales decreasing by 7% primarily due to volume softness in snacks [9][10]. - International segment net sales were $164 million, flat year-over-year, with organic net sales down 4% driven by lower sales in baby & kids [9][13]. - The overall adjusted EBITDA margin improved to 8.3% from 5.4% in the prior year, driven by productivity savings and reduced SG&A expenses [12]. Cash Flow and Balance Sheet Highlights - Net cash used in operating activities was $8 million, an improvement from $11 million in the prior year [8]. - Free cash flow was negative $14 million, an improvement from negative $17 million in the prior year [8]. - Total debt at the end of the fiscal first quarter was $716 million, up from $705 million at the beginning of the fiscal year, with a net secured leverage ratio of 4.8x [8]. Category Highlights - Snacks experienced a significant organic net sales decline of 17% due to velocity challenges and distribution losses in North America [20]. - Baby & Kids category saw a 10% decline in organic net sales, primarily due to industry-wide volume softness in purees in the UK [21]. - Beverages grew by 2% year-over-year, driven by tea sales in North America [22]. - Meal Prep category remained flat year-over-year, with strengths in yogurt offset by weaknesses in meat-free products and soup [23].

Group 1 - The Hain Celestial Group, Inc. will release its fiscal first quarter financial results on November 7, 2025, before market opens [1] - A conference call to discuss the results will be held at 8:00 AM ET, which will be webcast [1][2] - The company has been focused on health and wellness for over 30 years, offering products in over 70 countries [3] Group 2 - Hain Celestial's product categories include snacks, baby/kids foods, beverages, and meal preparation [3] - Leading brands under Hain Celestial include Garden Veggie Snacks™, Terra® chips, and Earth's Best® Organic [3] - The company aims to inspire healthier living through better-for-you brands [3]

Core Insights - The Hain Celestial Group reported disappointing financial results for the fiscal fourth quarter and fiscal year ended June 30, 2025, with significant declines in net sales and increased net losses [1][6][12]. Financial Highlights - Net sales for Q4 FY25 were $363 million, a decrease of 13% year-over-year, while net sales for the full fiscal year were $1,560 million, down 10% from the previous year [6][12]. - The company experienced a net loss of $273 million in Q4 FY25 compared to a net loss of $3 million in the prior year, and a net loss of $531 million for the full fiscal year compared to a net loss of $75 million in the previous year [6][12]. - Adjusted EBITDA for Q4 FY25 was $20 million, down from $40 million in the prior year, and for the full fiscal year, it was $114 million compared to $155 million in the previous year [6][12][14]. Segment Performance - North America segment net sales in Q4 FY25 were $206 million, down 21% year-over-year, while the International segment reported $158 million, a decrease of 1% [8][10]. - Organic net sales in North America decreased by 14% in Q4 FY25, primarily due to lower sales in snacks and meal prep [10][12]. - The International segment saw a 6% decline in organic net sales in Q4 FY25, driven by lower sales in meal prep and beverages [15][17]. Cash Flow and Balance Sheet - Net cash used in operating activities in Q4 FY25 was $3 million, a significant drop from $39 million provided in the prior year [5][12]. - Total debt at the end of Q4 FY25 was $705 million, down from $744 million at the beginning of the fiscal year, with a net secured leverage ratio of 4.7x [13][12]. Strategic Actions - The company is implementing a turnaround strategy focused on five key actions: streamlining the portfolio, accelerating innovation, implementing pricing strategies, enhancing productivity, and improving digital capabilities [2][12]. - A recent amendment to the credit agreement allows for increased operational flexibility, setting a maximum net secured leverage ratio of 5.50x for the quarter ending September 30, 2025 [29].

Core Points - Hain Celestial Group will release its fiscal fourth quarter and full year financial results on September 15, 2025, before market opens [1] - The company is now classified as an accelerated filer under SEC rules [1] - A conference call to discuss the results will be held at 8:00 AM ET, which will be webcast [1][2] Company Overview - 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 for over 30 years and is headquartered in Hoboken, N.J. [3] - Hain's products are marketed and sold in over 70 countries, with notable brands including Garden Veggie Snacks™, Terra® chips, and Earth's Best® Organic [3]

Core Viewpoint - The Hain Celestial Group reported disappointing financial results for the fiscal third quarter, primarily due to underperformance in North America, but noted a return to organic net sales growth in the international segment and progress in reducing net debt [2][6][24]. Financial Highlights - Net sales for the third quarter were $390 million, down 11% year-over-year, with organic net sales decreasing by 5% [6][8]. - Gross profit margin was 21.7%, a decrease of 40 basis points from the prior year, while adjusted gross profit margin was 21.8%, down 50 basis points [6][11]. - The company reported a net loss of $135 million compared to a net loss of $48 million in the prior year, which included pre-tax non-cash impairment charges of $133 million [6][36]. - Adjusted EBITDA was $34 million, down from $44 million in the prior year, with an adjusted EBITDA margin of 8.6% compared to 10.0% [6][12]. Segment Highlights - North America segment net sales were $222 million, down 17% year-over-year, with organic net sales declining by 10% [8][10]. - International segment net sales were $168 million, down 1.4%, but organic net sales grew by 0.5% [8][13]. - The Snacks category saw a 20% decline in net sales, while Meal Prep experienced a slight growth of 1% [18][22]. Cash Flow and Balance Sheet Highlights - Net cash provided by operating activities was $5 million, down from $42 million in the prior year, with free cash flow turning negative at $2 million [7][42]. - Total debt at the end of the fiscal third quarter was $709 million, reduced from $744 million at the beginning of the fiscal year [7][17]. Guidance - The company adjusted its fiscal 2025 guidance, expecting organic net sales growth to decline by approximately 5%-6%, with adjusted EBITDA projected at around $125 million and gross margin at approximately 21.5% [24][25].