Core Viewpoint - Hain Celestial Group has appointed Alison E. Lewis as President and Chief Executive Officer, effective immediately, following her role as Interim CEO since May 2025 [1][2]. Group 1: Leadership Changes - Alison E. Lewis has been confirmed as the CEO after demonstrating effective leadership and strategic initiatives during her interim period [1][2]. - The Board of Directors expressed confidence in Lewis's ability to create shareholder value and lead the company through a turnaround agenda focused on cost reduction and growth [2]. Group 2: Strategic Focus - The company is concentrating on stabilizing sales, improving profitability, optimizing cash flow, and deleveraging its balance sheet [2]. - Lewis emphasized the importance of a strategic review in collaboration with Goldman Sachs to reposition the company for future success [2]. Group 3: Background of Alison E. Lewis - Alison E. Lewis has extensive experience in the consumer-packaged goods industry, having held significant roles at Kimberly-Clark, Johnson & Johnson, and Coca-Cola [3]. - Her expertise includes driving growth strategies, market execution, and innovation, particularly in digital-first marketing and e-commerce [3]. Group 4: Company Overview - Hain Celestial is a leading health and wellness company focused on inspiring healthier living through its diverse range of brands [4]. - The company markets products in over 70 countries, including well-known brands such as Garden Veggie Snacks™, Earth's Best® Organic, and Celestial Seasonings® teas [4].

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].