Workflow
Spectrum Organic
icon
Search documents
HAIN to Divest North American Snacks Business to Focus on Core Areas
ZACKS· 2026-02-03 16:26
Key Takeaways Hain agreed to sell brands including Garden Veggie, Terra and Garden of Eatin', for $115M cash.Hain's snacks delivered 22% of FY25 sales but minimal EBITDA, as Q1 FY26 net sales fell 12%.Hain plans to refocus on higher-margin tea, yogurt, baby and meal prep brands after divestiture.The Hain Celestial Group, Inc. (HAIN) has taken a decisive step to refine its business strategy by entering into a definitive agreement to sell its North American Snacks business, including the Garden Veggie Snack, ...