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Hain Celestial (HAIN) Misses Q3 Earnings and Revenue Estimates
ZACKS· 2025-05-07 13:15
Hain Celestial (HAIN) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -41.67%. A quarter ago, it was expected that this organic and natural products company would post earnings of $0.12 per share when it actually produced earnings of $0.08, delivering a surprise of -33.33%.Over the la ...
Hain Celestial(HAIN) - 2025 Q3 - Earnings Call Transcript
2025-05-07 13:00
Financial Data and Key Metrics Changes - The company reported a 5% decline in organic net sales and adjusted EBITDA of $34 million, which is over 20% below last year's performance [13][20] - Adjusted gross margin fell 50 basis points to 21.8% in the third quarter, and adjusted EBITDA margin decreased by 140 basis points to 8.6% of net sales [20] - Interest costs decreased by 16% year over year to $12 million, driven by lower outstanding borrowings and a reduction in interest rates [22] Business Line Data and Key Metrics Changes - In North America, organic net sales declined 10% year over year, primarily driven by lower sales in Snacks and Baby and Kids [24] - International organic net sales grew by 0.5%, led by growth in Meal Prep and Baby and Kids, despite declines in beverages and snacks [25] - Snacks category saw a 13% year-over-year decline in organic net sales, while Baby and Kids experienced a 6% decline [27] Market Data and Key Metrics Changes - The North American segment accounted for 80% of the top line shortfall, with two-thirds attributed to Snacks [40] - The international segment is expected to improve sequentially in the fourth quarter due to pricing actions and new innovations [25] - The overall snacks category has softened, with only a few brands driving growth during the quarter [40] Company Strategy and Development Direction - The company launched a new strategy called "Hain Reimagined," aimed at streamlining operations and simplifying the product portfolio [6][9] - A formal process to review the company's portfolio has been initiated to maximize shareholder value, with Goldman Sachs retained as a financial advisor [9] - The focus is on five key drivers: simplifying the business, accelerating innovation, implementing strategic revenue growth management, driving operational productivity, and enhancing digital capabilities [16][35] Management's Comments on Operating Environment and Future Outlook - Management acknowledged that the third quarter results were disappointing and emphasized the need for clarity, focus, and action moving forward [11][12] - The company expects organic net sales growth for the full year to decline approximately 5% to 6%, with adjusted EBITDA around $125 million [33] - Management remains optimistic about the future, citing strong brands in attractive categories and a commitment to continuous improvement [34][35] Other Important Information - The company took charges totaling $8 million associated with restructuring, with total transformation program charges expected to be between $115 million and $125 million by fiscal 2027 [21] - Free cash flow in the third quarter was an outflow of $2 million, compared to an inflow of $30 million in the prior year [29] - The company closed the quarter with cash on hand of $44 million and net debt of $665 million, with a net leverage ratio of 4.2 times [30][31] Q&A Session Summary Question: Insights on Snacks and Infant Nutrition Categories - Management acknowledged underperformance in Snacks, attributing 80% of the top line shortfall to North America, with two-thirds from Snacks [40][41] - They noted execution challenges and category softness, but expressed confidence in brand health and upcoming marketing efforts [41][42] Question: Visibility and Forecasting Improvements - Management indicated that investments in the commercial team and digital capabilities would enhance forecasting and visibility [50][51] Question: Strategic Review Details - The strategic review aims to evaluate the strategy and portfolio to maximize shareholder value, with no specifics available yet as the process is early [58][59] Question: Pricing Strategy and Market Environment - Management confirmed that pricing is under review and emphasized the need for improved execution in revenue growth management [90][91] Question: Brand Positioning and Value Creation - Management stated the importance of creating value in brands through innovation and marketing, aiming to charge appropriate prices based on brand value [76][77] Question: Right to Win and Competitive Environment - Management expressed confidence in the company's right to win, emphasizing the need for brand renovation and innovation to support growth [78][80]
Hain Celestial(HAIN) - 2025 Q3 - Earnings Call Presentation
2025-05-07 11:14
Hain Celestial Third Quarter Fiscal Year 2025 Financial Results Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks, uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, our results may differ materially from those expressed or implied by such forward-looking statements. The words "bel ...
Hain Celestial Reports Fiscal Third Quarter 2025 Financial Results
GlobeNewswire· 2025-05-07 11:02
HOBOKEN, N.J., May 07, 2025 (GLOBE NEWSWIRE) -- The Hain Celestial Group, Inc. (Nasdaq: HAIN), a leading global health and wellness company whose purpose is to inspire healthier living through better-for-you brands, today reported financial results for its fiscal third quarter ended March 31, 2025. In a separate release today, the Company announced a CEO transition and strategic review of the Company’s portfolio. "We are disappointed with our third quarter results, which fell far short of our expectations p ...
Hain Celestial Announces Fiscal Third Quarter 2025 Results Conference Call and Webcast
GlobeNewswire· 2025-04-16 20:15
HOBOKEN, N.J., April 16, 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, plans to issue its financial results for the fiscal third quarter before the market opens on Wednesday, May 7, 2025. The company will host a conference call, which will be webcast, to discuss the results at 8:00 AM ET. Speaking on behalf of Hain Celestial will be Wendy Davidson, President and Chief Exec ...
Hain Celestial and Earth's Best® Highlight Long-Standing Commitment to Baby Food Safety as a Partner to Parents and Caregivers for 40 Years
Prnewswire· 2025-04-10 13:28
Hain's North America President sheds light on baby food standards, testing and transparency in the latest edition of The Hain Way corporate blogHOBOKEN, N.J., April 10, 2025 /PRNewswire/ -- As a leading global health and wellness company with a purpose to inspire healthier living, Hain Celestial Group, Inc. (Nasdaq: HAIN) is committed to offering better-for-you products made with the highest quality and safety standards, while ensuring consumers have access to the information they need to make healthier nut ...
New Grips on the Block! Earth's Best® Unveils Line of Organic Play + Learn Finger Foods to Help Little Ones Learn to Self-Feed
Prnewswire· 2025-03-27 13:00
Core Insights - Earth's Best has launched a new line of organic play + learn finger foods aimed at children aged 6 months and up, focusing on healthy habits and self-feeding skill development [1][3][6] - The new products are designed based on childhood nutrition research, featuring simple ingredients without artificial flavors or preservatives, and are crafted to dissolve easily for young children [2][8] Product Details - The product line includes three types: Organic Crunchy Sticks (0.56 oz), Organic Melty Hoops (0.70 oz and 1.28 oz), and Organic Munchy Fingers (1.05 oz) [4][8] - Organic Crunchy Sticks are aimed at children 6+ months, promoting the palmar grasp with flavors like Strawberry Banana and Cheddar Cheese [8] - Organic Melty Hoops target children 8+ months, designed for the pincer grip, available in Spring Veggies and Strawberries + Mangoes [8] - Organic Munchy Fingers are for children 10+ months, helping with the radial digital grasp, available in Mixed Berry and Mango Carrot flavors [8] Company Background - Earth's Best was founded in 1985 and has been a leader in organic baby food, providing a variety of nutritious options for families [6] - The brand's mission is to make wholesome food enjoyable for children while assisting families in the early feeding years [6] - The Hain Celestial Group, which owns Earth's Best, is a health and wellness company focused on inspiring healthier living through better-for-you brands [7]
Hain Celestial Leads in Free-From Artificials, Better-For-You With 30+ Year Legacy Innovating to Support Diverse Dietary Needs
Prnewswire· 2025-03-25 15:35
Hain President and Chief Executive Officer explains how the manufacturer makes it easier for consumers to understand their options in the latest post on The Hain Way corporate blog HOBOKEN, N.J., March 25, 2025 /PRNewswire/ -- The Hain Celestial Group, Inc. (Nasdaq: HAIN), a leading global health and wellness company whose purpose is to inspire healthier living through better-for-you brands, continues to lead the industry by leveraging its deep expertise and legacy of delivering great-tasting products while ...
Hain Celestial Valuation Is Low Versus Historical Levels, But Analyst Remains Neutral - Here's Why
Benzinga· 2025-03-14 18:24
Core Viewpoint - J.P. Morgan analyst Ken Goldman maintains a Neutral rating on The Hain Celestial Group, Inc., lowering the price forecast to $5 from $6, reflecting a cautious outlook on the company's sales trends [1] Group 1: Sales Performance - The revised estimates indicate that sales trends are likely to decline by approximately -4%, which is worse than the more optimistic -3% forecast from Consensus Metrix [1] - Certain U.S.-based categories such as baby food, tea, and yogurt are performing relatively better, while the snack segment is struggling, as indicated by NielsenIQ data [2] - The International segment may also underperform this quarter due to consumers shifting towards discount retailers, negatively impacting sales in major categories [2] Group 2: Financial Estimates - EBITDA estimates have been revised downwards: 3Q25 to $40 million from $47 million, FY25 to $150 million from $158 million, FY26 to $154 million from $165 million, and FY27 to $158 million from $168 million, all figures falling below Consensus Metrix projections [4] - Concerns over the potential unreliability of projected EBITDA figures used in consensus forecasts contribute to the neutral stance [3] Group 3: Strategic Outlook - CEO Wendy Davidson's strategy focuses on growth through efficiency-driven marketing and innovation, which could yield long-term benefits for the company [4] - Some of the company's brands have unique shelf positions, presenting significant potential for expanded distribution [5] Group 4: Market Reaction - HAIN shares are trading lower by 9.79% to $3.915 as of the last check [5]
Hain Celestial Q2: Needs A Lot To Prove That It Is Going To Turn Around
Seeking Alpha· 2025-03-05 20:50
The Hain Celestial Group, Inc. (NASDAQ: HAIN ) recently reported its Q2 ’25 numbers . Given the lack of coverage and a massive decline in share price, I thought I’d go through the numbers in a bitMSc in Finance. Long-term horizon investor mostly with 5-10 year horizon. I like to keep investing simple. I believe a portfolio should consist of a mix of growth, value, and dividend-paying stocks but usually end up looking for value more than anything. I also sell options from time to time.Analyst’s Disclosure: I ...