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Hain Celestial Announces Fiscal 2025 Fourth Quarter and Full Year Results Conference Call and Webcast
Globenewswire· 2025-08-06 20:15
HOBOKEN, N.J., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Hain Celestial Group (Nasdaq: HAIN), a leading global health and wellness company whose purpose is to inspire healthier living through better-for-you brands, will release its fiscal fourth quarter and full year financial results before the market opens on Monday, September 15, 2025, as the company is now an accelerated filer under Securities and Exchange Commission rules. The company will host a conference call, which will be webcast, to discuss the results a ...
How Hain Celestial is Turning Workplace Safety Into a Movement and Driving Industry-Leading Results
Prnewswire· 2025-06-09 13:02
Core Insights - Hain Celestial Group has launched a new safety initiative called "For Our Loved Ones," focusing on the emotional connection of safety among employees and their families [1][2] - The initiative has led to significant improvements in workplace safety metrics, with the Total Recordable Incident Rate (TRIR) now 3.5 times better than the industry average and the Lost Time Incident Rate (LTIR) at 2 times better than the industry average [2] - The campaign emphasizes a culture of safety that involves all employees, encouraging them to share personal connections to safety, thereby reinforcing the importance of safety in the workplace [3][4] Safety Metrics - The Total Recordable Incident Rate (TRIR) has improved to 3.5 times better than the industry average since the campaign's launch [2] - The Lost Time Incident Rate (LTIR) is now 2 times better than the industry average [2] - Global proactive reporting of safety incidents has increased by 19% since the campaign began [2] Employee Engagement - The initiative has fostered a culture where safety is a shared value among over 2,000 team members, encouraging them to prioritize safety in their daily operations [4] - Employees are motivated to participate in safety practices, such as wearing personal protective equipment and conducting safety checks, as part of their commitment to quality and safety [4] Company Overview - Hain Celestial Group is a leading health and wellness company with a mission to inspire healthier living through better-for-you brands, operating in over 70 countries [5] - The company has a diverse product range, including snacks, beverages, and baby foods, and has been focused on nutrition and well-being for over 30 years [5]
Hain Celestial Group Invites Consumers to Savor Summer Moments with Delicious, Convenient and Better-For-You Snacks
Prnewswire· 2025-06-03 13:02
Core Insights - Hain Celestial Group is launching the "Savor Your Summer" Sweepstakes to promote healthier snacking options during the summer season [1][2] - The promotion encourages consumers to engage with better-for-you snack brands, with a significant increase in demand for such options as 95% of snackers are trying to choose healthier snacks [2][5] - The sweepstakes offers prizes including $1,000 gift cards and is supported by various marketing strategies such as paid media and influencer engagement [3][4] Company Overview - Hain Celestial Group is a leading health and wellness company focused on inspiring healthier living through better-for-you brands, with over 30 years of experience in delivering nutrition and well-being [8] - The company’s product portfolio includes a variety of snacks, baby/kids foods, beverages, and meal preparation items, marketed in over 70 countries [8] - Notable brands under Hain Celestial include Garden Veggie Snacks™, Terra® chips, and Garden of Eatin'®, which emphasize natural ingredients and healthier options [7][8] Market Trends - There is a notable increase in household penetration and spending on salty snacks during the summer, indicating a growing market for snack products [2] - The demand for better-for-you snacks is rising, with consumers increasingly seeking healthier alternatives [2][5] - The promotion is expected to enhance consumer engagement and drive sales for Hain's snack brands during the summer season [3][4]
Hain Celestial Reports Fiscal Third Quarter 2025 Financial Results
Globenewswire· 2025-05-07 11:02
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].