The Hain Celestial Group, Inc. (HAIN) posted mixed results in third-quarter fiscal 2024 results, with the bottom line beating the Zacks Consensus Estimate and the top line missing the same. Management lowered its fiscal 2024 guidance.The Zacks Rank #4 (Sell) company’s shares have declined 31% in the past three months against the industry’s 2.2% growth.Quarter in DetailHAIN posted adjusted earnings of 13 cents per share, outpacing the Zacks Consensus Estimate of 7 cents. The bottom line increased from adjust ...

Exhibit 99.1 • Net sales were down 3.7% year-over year to $438.4 million ◦ Organic net sales, defined as net sales adjusted to exclude the impact of acquisitions, divestitures and discontinued brands, also decreased 3.7% compared to the prior year period. The decrease in organic net sales is inclusive of approximately 1.3 percentage points of benefit from foreign exchange. • Gross profit margin was 22.1%, a 60-basis point increase from the prior year period. ◦ Adjusted gross profit margin was 22.3%, a 90-ba ...

Hain Celestial Group (HAIN) has announced significant strategic actions to advance the Focus pillar of its Hain Reimagined business strategy. These measures include a consolidation of its manufacturing footprint and a reduction in portfolio assortment, with a focus on strengthening the company's balance sheet. Image Source: Zacks Investment Research Streamlining Brand Portfolio & SKU ReductionHain Celestial is actively refining its winning portfolio by evaluating and streamlining its brand portfolios. Since ...

HOBOKEN, N.J., April 17, 2024 (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 2024 before the market opens on Wednesday, May 8, 2024. 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 ...

HOBOKEN, N.J., April 17, 2024 (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 2024 before the market opens on Wednesday, May 8, 2024. 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 ...

In a strategic maneuver, The Hain Celestial Group (HAIN) recently concluded the sale of its Thinsters cookie business to J&J Snack Foods in an all-cash transaction completed on Apr 8, 2024. This marks another step in HAIN's ongoing commitment to refining its portfolio and strengthening its financial position.Wendy Davidson, the president and CEO of Hain Celestial, highlighted the importance of the transaction, affirming, "Divesting Thinsters further streamlines our supply chain network and strengthens our a ...

HOBOKEN, N.J., April 9, 2024 /PRNewswire/ -- The Hain Celestial Group (Nasdaq: HAIN), a leading global health and wellness company whose purpose is to inspire healthier living through better-for-you brands, announced today that it has completed the sale of its Thinsters® cookie business to J&J Snack Foods. The all-cash transaction that closed on April 8, 2024, further optimizes the company's better-for-you portfolio and will be used to pay down company debt.  "Divesting Thinsters further streamlines our sup ...

Cerence Inc. (NASDAQ:HAIN) Q2 2024 Earnings Conference Call February 7, 2024 8:00 AM ET Company Participants Wendy Davidson - President & CEO Lee Boyce - CFO Alexis Tessier - VP, IR Conference Call Participants Jim Salera - Stephens, Inc. Andrew Lazar - Barclays Andrew Wolf - C.L. King & Associates Ken Goldman - J.P. Morgan Chase Michael Lavery - Piper Sandler Matt Smith - Stifel Financial Corp. John Baumgartner - Mizuho Securities Jon Andersen - William Blair Anthony Vendetti - Maxim Group Operator Greetin ...

| --- | --- | --- | --- | --- | --- | |----------------------------------------------------------------|-------|-------|-----------------|-------|-------| | Operating (loss) income, GAAP | | | 2024 \n$ 27,389 | $ | | | Adjustments to Cost of sales: Plant closure related costs, net | | | | | | | Inventory write-downs related to exited categories | | | | | | | | | | | | | | Adjustments to Operating expenses (a): | | | | | | | | | | | | | | Certain litigation expenses, net(b) 2,482 | | | | | | | | | | | | | | ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________ FORM 10-Q ___________________________________________ (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended December 31, 2023 or ☐ Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from to Commission File No. 0-22818 __________________ ...