Hain Celestial(US:HAIN)2025-11-07 13:00Financial 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]