Hain Celestial (HAIN) Gears Up for Q4 Earnings: Things to Note

Core Viewpoint - Hain Celestial Group, Inc. is expected to report declines in both revenue and earnings for the fourth quarter of fiscal 2024, with significant challenges in its North America segment impacting overall performance [1][2][3]. Revenue Summary - The Zacks Consensus Estimate for Hain Celestial's fourth-quarter revenues is $418.2 million, reflecting a 6.6$1.7 billion, indicating a 3.4% decline year-over-year [1]. Earnings Summary - The consensus estimate for quarterly earnings remains at 8 cents per share, representing a 27.3% decline from the prior-year quarter [2]. - For fiscal 2024, the earnings consensus is pegged at 29 cents per share, indicating a 42% slump compared to the previous year [2]. Segment Performance - The North America unit is experiencing persistent weakness, particularly in the baby and kids category, with an expected organic sales decline of 7.3% for the upcoming quarter [3]. - Management projects an overall organic sales decline of 3-4% for fiscal 2024, with an anticipated decline of 4.4% based on current models [4]. EBITDA and Strategy - The company expects adjusted EBITDA for the full year to be between $150 million and$155 million, reflecting a year-over-year decline [4]. - Despite these challenges, the strength of Hain Celestial's multi-year Reimagined strategy and growth in the International segment, projected to reach $676.8 million (a 2.9% increase year-over-year), may provide some support [5]. Earnings Prediction Model - The current model does not predict an earnings beat for Hain Celestial, as it holds a Zacks Rank of 3 and an Earnings ESP of 0.00% [6].