Core Insights - Hain Celestial Group reported weaker-than-expected results for fiscal Q4 and the year ended June 30, 2025, primarily due to impairment charges and soft demand [1][2] Financial Performance - Q4 net sales were $363.348 million, down 13% year-over-year, missing analyst estimates of $371.46 million; organic net sales decreased 11% due to volume and mix declines [1] - The company incurred $252 million in pre-tax non-cash impairment charges, resulting in an adjusted net loss of $2 million, or 2 cents per share, compared to adjusted earnings of $11 million, or 13 cents per share, in the same quarter last year [2] - Adjusted EBITDA fell to $20 million from $40 million year-over-year [2] Segment Analysis - North American sales dropped 21% to $206 million, with organic sales down 14% due to declines in snacks and meal prep; gross margin contracted to 19.2% from 22.6% [3] - International sales remained nearly flat at $158 million, but organic sales decreased 6% due to weakness in meal prep and beverages; gross margin slipped to 22.1% from 24.8% [4] - By category, snacks dropped 23%, baby and kids declined 7%, beverages were flat, meal prep fell 6%, and personal care plunged 49% [4] Annual Overview - For fiscal 2025, net sales fell 10% year-over-year to $1.56 billion, with organic sales down 7% due to lower volume/mix and pricing pressure; net loss widened to $531 million, or $5.89 per share, compared to a loss of $75 million, or $0.84 per share, in fiscal 2024 [5] - Adjusted net income totaled $8 million, or $0.09 per share, down from $30 million, or $0.33 per share, a year ago; adjusted EBITDA decreased to $114 million from $155 million [5] Cash Flow and Debt - Operations provided net cash of $22 million for the year, down from $116 million a year earlier; free cash flow was negative $9 million for the quarter and negative $3 million for the year [6] - Total debt ended the year at $705 million, down from $744 million, with net debt at $650 million [6] Strategic Response - The Interim President and CEO outlined a turnaround strategy focused on optimizing cash, deleveraging the balance sheet, stabilizing sales, and improving profitability through portfolio streamlining, innovation, pricing, revenue growth management, productivity improvements, and digital capability enhancements [7]