Financial Performance - Net sales decreased by 7% to $368 million in Q1 FY26 compared to the previous year[33] - Organic net sales decreased by 6% to $341 million in Q1 FY26[33] - Adjusted gross margin was 195% in Q1 FY26, a decrease of 120 bps[33] - Adjusted EBITDA decreased by 12% to $20 million in Q1 FY26[33] - Adjusted EBITDA margin was 54% in Q1 FY26, a decrease of 30 bps[33] - Adjusted net loss was -$7 million, and adjusted EPS was -$008[33] Segment Performance - North America organic net sales decreased by 7%[39] Adjusted EBITDA increased by 37%[39] - International organic net sales decreased by 4%[42] Adjusted EBITDA decreased by 38%[42] Strategic Initiatives - The company is targeting the elimination of approximately 30% of SKUs in North America through FY2027[18] - Productivity savings of approximately $67 million were delivered in FY2025, with a target of $60 million for FY2026[24] - Net debt was reduced by $15 million compared to the previous year[52]

Core Insights - Hain Celestial Group emphasizes its commitment to high-quality and safe baby food products, particularly through its Earth's Best brand, which has been a trusted partner for parents and caregivers for over 40 years [2][3][5] Group 1: Company Commitment to Safety - The company highlights the importance of food safety in the baby food category, addressing concerns about heavy metals and contaminants that are increasingly prevalent in consumer discussions [2][3] - Hain Celestial's North America President, Chad Marquardt, discusses the company's actions to ensure food safety, including ingredient sourcing and testing transparency [4][5] Group 2: Product Quality and Standards - Earth's Best brand focuses on using wholesome, USDA-organic ingredients while minimizing unwanted elements, such as trace levels of heavy metals [3] - Hain Celestial is dedicated to continuously refining its practices to uphold high quality and safety standards in the better-for-you space [5] Group 3: Market Presence - Hain Celestial Group markets and sells its products in over 70 countries, with a diverse portfolio that includes snacks, beverages, and personal care items [5]