Hain Celestial Reports Fiscal Third Quarter 2026 Financial Results
Rhea-AI Summary
Hain Celestial (Nasdaq: HAIN) reported fiscal Q3 2026 net sales of $338 million, down 13% year-over-year; organic net sales fell 6%.
Net loss was $106 million, including a $51 million loss on the North American snacks sale and $46 million of non-cash impairments. Adjusted EBITDA was $26 million. Operating cash flow was $38 million and free cash flow $35 million, enabling total debt reduction to $549 million from $705 million.
AI-generated analysis. Not financial advice.
Positive
- Operating cash flow rose to $38 million from $5 million year-over-year
- Free cash flow improved to $35 million from a $2 million outflow
- Total debt reduced by $156 million to $549 million since fiscal year start
- Net debt reduced to $505 million from $650 million year-to-date
- North America gross margin increased 100 bps to 23.1%
- North America adjusted EBITDA margin expanded 220 bps to 10.0%
Negative
- Total net sales declined 13% year-over-year to $338 million
- Organic net sales fell 6% year-over-year in fiscal Q3 2026
- Gross margin decreased 90 bps to 20.8% at consolidated level
- Reported net loss was $106 million, including $97 million of charges
- Adjusted EBITDA decreased to $26 million from $34 million year-over-year
- International organic net sales declined 8% and margins fell 270 bps
News Market Reaction – HAIN
On the day this news was published, HAIN gained 10.21%, reflecting a significant positive market reaction. Argus tracked a peak move of +6.0% during that session. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $6M to the company's valuation, bringing the market cap to $60.06M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
HAIN fell 10.44% while key peers showed mixed moves: BYND -6.82%, BRCC +5.69%, LFVN +5.33%, FTLF -1.85%, BHST -1.22%. The decline appears stock-specific, not a uniform packaged foods move.
Previous Earnings Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 09 | Q2 2026 earnings | Negative | -19.5% | Weaker Q2 results with $132M impairment and declining sales. |
| Nov 07 | Q1 2026 earnings | Negative | +12.2% | Q1 sales and margins declined but shares rose on the release. |
| Sep 15 | FY2025 results | Negative | -24.6% | Sharp Q4 and FY2025 sales drops and large $252M impairments. |
| May 07 | Q3 2025 earnings | Negative | -47.6% | Disappointing Q3 2025 with 11% sales decline and EBITDA drop. |
| Feb 10 | Q2 2025 earnings | Negative | -10.7% | Q2 2025 sales and organic sales declined with $104M net loss. |
Earnings releases have usually led to negative price reactions, with four of the last five earnings events followed by double-digit declines.
Over recent quarters, Hain Celestial’s earnings reports have featured declining net sales, recurring net losses, and sizable impairment charges. Events such as fiscal Q4 2025’s $273 million loss with $252 million in impairments and Q2 2026’s $132 million impairment framed a balance sheet under pressure. Management has pursued a turnaround via portfolio actions and debt reduction. Today’s Q3 FY26 results, with lower sales, ongoing losses and continued balance sheet focus, fit this multi-quarter restructuring narrative.
Historical Comparison
Across the last five earnings events, HAIN’s average move was -18.06%, with most reports triggering sharp selloffs on weak sales and recurring losses.
Earnings history shows a multi-quarter turnaround effort: recurring net losses, repeated impairment charges, and high leverage gradually addressed through divestitures, cost actions, and debt reduction initiatives.
Market Pulse Summary
The stock surged +10.2% in the session following this news. A strong positive reaction aligns with evidence that Hain Celestial’s earnings reports occasionally drew favorable responses despite headline weakness, as seen in prior quarters. However, the historical average move of -18.06% on earnings highlights how fragile sentiment has been. Persistent net losses, margin pressure, and elevated leverage remain key risks that have previously led to sharp reversals even after short-term optimism.
Key Terms
adjusted ebitda financial
non-gaap financial measures financial
goodwill financial
net secured leverage ratio financial
AI-generated analysis. Not financial advice.
Generated
HOBOKEN, N.J., May 11, 2026 (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, 2026.
“Third quarter results reflect improving execution and financial discipline as we continued to strengthen our foundation and advance our turnaround strategy. Strong cash generation and debt reduction materially improved our financial position, while the completion of the North American snacks divestiture further enhances our margin and cash flow profile going forward. In North America, our core business remains resilient, and we are making progress in addressing stranded costs. Our near-term priorities remain the same: optimize cash, strengthen the balance sheet, improve profitability, and stabilize sales, while our five actions to win position Hain for sustainable, profitable growth,” stated Alison Lewis, President and CEO.
FINANCIAL HIGHLIGHTS*
Summary of Fiscal Third Quarter Results Compared to the Prior Year Period
- Net sales were
$338 million , down13% year-over-year.- Organic net sales decreased
6% compared to the prior year period.- The decrease in organic net sales was comprised of an 11-point decrease in volume/mix, partially offset by a 5-point increase in pricing.
- Organic net sales decreased
- Gross profit margin was
20.8% , a 90-basis point decrease from the prior year period.- Adjusted gross profit margin was
21.0% , a 90-basis point decrease from the prior year period.
- Adjusted gross profit margin was
- Net loss was
$106 million , compared to a net loss of$135 million in the prior year period.- Net loss included a pre-tax loss on sale of
$51 million related to the sale of our North American snacks business. - Net loss included pre-tax non-cash impairment charges of
$46 million ($45 million after-tax) related to goodwill and certain intangible assets, as well as assets held for sale. - Adjusted net loss was
$1 million , compared to adjusted net income of$6 million in the prior year period.
- Net loss included a pre-tax loss on sale of
- Adjusted EBITDA was
$26 million , compared to$34 million in the prior year period. - Loss per diluted share was
$1.17 , compared to a loss per diluted share of$1.49 in the prior year period.- Adjusted loss per diluted share was
$0.01 , compared to adjusted earnings per diluted share of$0.07 in the prior year period.
- Adjusted loss per diluted share was
Cash Flow and Balance Sheet Highlights
- Net cash provided by operating activities was
$38 million in the fiscal third quarter, compared to$5 million in the prior year period. - Free cash flow was
$35 million in the fiscal third quarter, compared to an outflow of$2 million in the prior year period. - Total debt was
$549 million at the end of the fiscal third quarter, down from$705 million at the beginning of the fiscal year. - Net debt was
$505 million at the end of the fiscal third quarter, compared to$650 million at the beginning of the fiscal year. - The company ended the fiscal third quarter with a net secured leverage ratio of 4.3x as calculated under our credit agreement.
____________________
*This press release includes certain non-GAAP financial measures, which are intended to supplement, not substitute for, comparable GAAP financial measures. Reconciliations of non-GAAP financial measures to GAAP financial measures and other non-GAAP financial calculations are provided in the tables included in this press release.
SEGMENT HIGHLIGHTS
The company operates under two reportable segments: North America and International.
| Net Sales | ||||||||||
| Q3 FY26 | Q3 FY26 YTD | |||||||||
| $ Millions | Reported Growth Y/Y | M&A/Exit Impact1 | FX Impact | Organic Growth Y/Y | $ Millions | Reported Growth Y/Y | M&A/Exit Impact1 | FX Impact | Organic Growth Y/Y | |
| North America | 171 | - | - | - | 573 | - | - | - | ||
| International | 167 | - | - | 517 | - | |||||
| Total | 338 | - | - | - | 1,090 | - | - | - | ||
| * May not add due to rounding | ||||||||||
| 1 Reflects the impact within reported net sales growth of the following items that are excluded from organic net sales growth: net sales from divested brands (ParmCrisps®, Garden Veggie Snacks™, Terra® chips and Garden of Eatin'® snacks brands), held for sale businesses (Personal Care), discontinued brands, and exited product categories. | ||||||||||
North America
Fiscal third quarter organic net sales decreased by
Segment gross profit and adjusted gross profit were each
Adjusted EBITDA in the fiscal third quarter was
International
Fiscal third quarter organic net sales decreased by
Segment gross profit and adjusted gross profit in the fiscal third quarter were both
Adjusted EBITDA in the fiscal third quarter was
CATEGORY HIGHLIGHTS
| Net Sales | ||||||||||
| Q3 FY26 | Q3 FY26 YTD | |||||||||
| $ Millions | Reported Growth Y/Y | M&A/Exit Impact1 | FX Impact | Organic Growth Y/Y | $ Millions | Reported Growth Y/Y | M&A/Exit Impact1 | FX Impact | Organic Growth Y/Y | |
| Baby & Kids | 53 | - | - | 163 | - | - | ||||
| Beverages | 67 | 201 | ||||||||
| Meal Prep | 153 | - | - | - | 485 | - | - | - | ||
| Personal Care | 13 | - | n/a | n/a | n/a | 37 | - | n/a | n/a | n/a |
| Snacks | 53 | - | - | - | 205 | - | - | - | ||
| Total | 338 | - | - | - | 1,090 | - | - | - | ||
| * May not add due to rounding | ||||||||||
| 1 Reflects the impact within reported net sales growth of the following items that are excluded from organic net sales growth: net sales from divested brands (ParmCrisps®, Garden Veggie Snacks™, Terra® chips and Garden of Eatin'® snacks brands), held for sale businesses (Personal Care), discontinued brands, and exited product categories. | ||||||||||
Baby & Kids
The fiscal third quarter organic net sales decline of
Beverages
Fiscal third quarter organic net sales growth was flat year-over-year as growth in tea in North America and private label non-dairy beverage in International was offset by a decline in branded non-dairy beverage.
Meal Prep
The fiscal third quarter organic net sales decline of
Snacks
Following the disposition of the North American snacks business, the snacks category is comprised of jellies in the International segment. Organic net sales declined
Conference Call and Webcast Information
Hain Celestial will host a conference call and webcast today at 8:00 AM ET to discuss its results and business outlook. The live webcast and accompanying presentation are available under the Investors section of the company’s corporate website at www.hain.com. Investors and analysts can access the live call by dialing 800-715-9871 or 646-307-1963. The conference ID is 5099081. Participation by the press and public in the Q&A session will be in listen-only mode. A replay of the call will be available shortly after the conclusion of the live call through Monday, May 18th, 2026, and can be accessed by dialing 800-770-2030 or 609-800-9909 and referencing the conference access ID: 5099081.
About The Hain Celestial Group, Inc.
Hain Celestial is a leading health and wellness company whose purpose is to inspire healthier living for people, communities and the planet through better-for-you brands. For more than 30 years, Hain Celestial has intentionally focused on delivering nutrition and well-being that positively impacts today and tomorrow. Headquartered in Hoboken, N.J., Hain Celestial's products across beverages, yogurt, baby/kids and meal preparation are marketed and sold in over 70 countries around the world. Our leading brands include Celestial Seasonings® teas, The Greek Gods® yogurt, Earth's Best® Organic and Ella's Kitchen® baby and kids foods, Joya® and Natumi® plant-based beverages, Hartley’s® jelly, as well as Cully & Sully®, Yorkshire Provender®, New Covent Garden® soups, among others. For more information, visit www.hain.com and LinkedIn.
Forward-Looking Statements
This press release 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 “believe,” “expect,” “anticipate,” “may,” “should,” “plan,” “intend,” “potential,” “will” and similar expressions are intended to identify such forward-looking statements. Forward-looking statements include, among other things, our beliefs or expectations relating to our strategy, our future results of operations, our capital and cost structure, our ability to optimize cash, strengthen our balance sheet, improve flexibility, stabilize sales and achieve sustainable and profitable growth, and the macroeconomic environment.
Risks and uncertainties that may cause actual results to differ materially from forward-looking statements include: challenges and uncertainty resulting from the impact of competition; changes to consumer preferences; our ability to execute our business strategy; our ability realize the benefits of the North American snacks disposition; compliance with our credit agreement and our ability to refinance, retire and/or extend the maturity of the Company’s existing debt; our ability to manage our supply chain effectively; input cost inflation, including as a result of tariffs; reliance on independent contract manufacturers; disruption of operations at our manufacturing facilities; customer concentration; reliance on independent distributors; risks associated with operating internationally; risks associated with outsourcing arrangements; risks associated with geopolitical conflicts or events; our reliance on independent certification for a number of our products; our ability to attract and retain highly skilled people; risks related to tax matters; foreign currency exchange risk; general economic conditions; impairments in the carrying value of goodwill or other intangible assets; the reputation of our company and our brands; our ability to use and protect trademarks; cybersecurity incidents; disruptions to information technology systems; pending and future litigation, including litigation relating to Earth’s Best® baby food products; potential liability if our products cause illness or physical harm; the highly regulated environment in which we operate; our ability to manage our financial reporting and internal control systems and processes; compliance with data privacy laws; the adequacy of our insurance coverage; climate impacts; liabilities, claims or regulatory change with respect to environmental matters; and other risks and matters described in our most recent Annual Report on Form 10-K and our other filings from time to time with the U.S. Securities and Exchange Commission.
We undertake no obligation to update forward-looking statements to reflect actual results or changes in assumptions or circumstances, except as required by applicable law.
Non-GAAP Financial Measures
This press release and the accompanying tables include non-GAAP financial measures, including, among others, organic net sales; adjusted gross profit and its related margin; adjusted operating income and its related margin; adjusted net (loss) income and its related margin; diluted net (loss) income per common share, as adjusted; adjusted EBITDA and its related margin; free cash flow; and net debt. The reconciliations of historic non-GAAP financial measures to the comparable GAAP financial measures are provided in the tables below. These non-GAAP financial measures should not be considered in isolation or as a substitute for the comparable GAAP measures. In addition, these non-GAAP measures may not be the same as similar measures provided by other companies due to potential differences in methods of calculation and items being excluded. They should be read only in connection with the company’s consolidated financial statements presented in accordance with GAAP.
We define our non-GAAP financial measures as follows:
- Organic net sales: net sales excluding the impact of acquisitions, divestitures, held for sale businesses, discontinued brands, exited product categories and foreign exchange. To adjust organic net sales for the impact of acquisitions, the net sales of an acquired business are excluded from fiscal quarters constituting or falling within the current period and prior period where the applicable fiscal quarter in the prior period did not include the acquired business for the entire quarter. To adjust organic net sales for the impact of divestitures, held for sale businesses, discontinued brands and exited product categories, the net sales of a divested business, held for sale business, discontinued brand or exited product category are excluded from all periods. To adjust organic net sales for the impact of foreign exchange, current period net sales for entities reporting in currencies other than the U.S. dollar are translated into U.S. dollars at the average monthly exchange rates in effect during the corresponding period of the prior fiscal year, rather than at the actual average monthly exchange rate in effect during the current period of the current fiscal year.
- Adjusted gross profit and its related margin: gross profit, before plant closure related costs, net and warehouse and manufacturing consolidation and other costs, net.
- Adjusted operating income and its related margin: operating loss before goodwill impairment, long-lived asset and intangibles impairment, productivity and transformation costs, certain litigation expenses, net, costs associated with acquisitions, divestitures and other transactions, plant closure related costs, net, warehouse and manufacturing consolidation and other costs, net, and proceeds from insurance claim.
- Adjusted net (loss) income and its related margin and diluted net (loss) income per common share, as adjusted: net loss, adjusted to exclude the impact of goodwill impairment, long-lived asset and intangibles impairment, productivity and transformation costs, certain litigation expenses, net, costs associated with acquisitions, divestitures and other transactions, plant closure related costs, net, warehouse and manufacturing consolidation and other costs, net, proceeds from insurance claim, losses (gains) losses on sales of assets, unrealized currency losses and the related tax effects of such adjustments.
- Adjusted EBITDA and its related margin: net loss before depreciation and amortization, equity in net loss of equity-method investees, net interest expense, income taxes, stock-based compensation, net, unrealized currency losses, certain litigation expenses, net, proceeds from insurance claim, productivity and transformation costs, plant closure related costs, net, warehouse and manufacturing consolidation and other costs, net, losses (gains) on sales of assets, costs associated with acquisitions, divestitures and other transactions, goodwill impairment and long-lived asset and intangibles impairment.
- Free cash flow: net cash provided by operating activities less purchases of property, plant and equipment.
- Net debt: total debt less cash and cash equivalents.
We believe that the non-GAAP financial measures presented provide useful additional information to investors about current trends in the company’s operations and are useful for period-over-period comparisons of operations. We provide:
- Organic net sales to demonstrate the growth rate of net sales excluding the impact of acquisitions, divestitures, held for sale businesses, discontinued brands, and exited product categories and foreign exchange, and believe organic net sales is useful to investors because it enables them to better understand the growth of our business from period to period.
- Adjusted results as important supplemental measures of our performance and believe they are frequently used by securities analysts, investors and other interested parties in the evaluation of our Company and companies in our industry.
- Free cash flow as one factor in evaluating the amount of cash available for discretionary investments.
- Net debt as a useful measure to monitor leverage and evaluate the balance sheet.
We discuss the Company’s net secured leverage ratio as calculated under our credit agreement as a measure of our financial condition, liquidity and compliance with our credit agreement. For a description of the material terms of our credit agreement and risks of non-compliance with our credit agreement, see “Liquidity and Capital Resources” under “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” in our most recent Annual Report on Form 10-K and our subsequent quarterly reports on Form 10-Q filed with the U.S. Securities and Exchange Commission.
Investor Relations Contact:
Alexis Tessier
Investor.Relations@hain.com
Media Contact:
Justin Godley
Justin.Godley@hain.com
| THE HAIN CELESTIAL GROUP, INC. AND SUBSIDIARIES | |||||||||||||||
| Consolidated Statements of Operations | |||||||||||||||
| (unaudited and in thousands, except per share amounts) | |||||||||||||||
| Third Quarter | Third Quarter Year to Date | ||||||||||||||
| 2026 | 2025 | 2026 | 2025 | ||||||||||||
| Net sales | $ | 338,357 | $ | 390,351 | $ | 1,090,360 | $ | 1,196,432 | |||||||
| Cost of sales | 267,965 | 305,701 | 877,451 | 936,720 | |||||||||||
| Gross profit | 70,392 | 84,650 | 212,909 | 259,712 | |||||||||||
| Selling, general and administrative expenses | 59,078 | 62,934 | 185,493 | 204,417 | |||||||||||
| Goodwill impairment | 31,018 | 110,251 | 150,926 | 201,518 | |||||||||||
| Long-lived asset and intangibles impairment | 15,047 | 24,012 | 26,964 | 42,029 | |||||||||||
| Productivity and transformation costs | 4,066 | 7,289 | 17,519 | 16,497 | |||||||||||
| Amortization of acquired intangible assets | 3,314 | 1,243 | 5,725 | 5,176 | |||||||||||
| Proceeds from insurance claim | - | - | (25,900 | ) | - | ||||||||||
| Operating loss | (42,131 | ) | (121,079 | ) | (147,818 | ) | (209,925 | ) | |||||||
| Interest and other financing expense, net | 13,914 | 11,866 | 45,075 | 38,412 | |||||||||||
| Other expense, net | 49,518 | 1,182 | 47,865 | 2,434 | |||||||||||
| Loss before income taxes and equity in net loss of equity-method investees | (105,563 | ) | (134,127 | ) | (240,758 | ) | (250,771 | ) | |||||||
| Provision (benefit) for income taxes | 759 | (505 | ) | 1,889 | 5,746 | ||||||||||
| Equity in net loss of equity-method investees | 21 | 966 | 327 | 1,709 | |||||||||||
| Net loss | $ | (106,343 | ) | $ | (134,588 | ) | $ | (242,974 | ) | $ | (258,226 | ) | |||
| Net loss per common share: | |||||||||||||||
| Basic | $ | (1.17 | ) | $ | (1.49 | ) | $ | (2.68 | ) | $ | (2.87 | ) | |||
| Diluted | $ | (1.17 | ) | $ | (1.49 | ) | $ | (2.68 | ) | $ | (2.87 | ) | |||
| Shares used in the calculation of net loss per common share: | |||||||||||||||
| Basic | 90,993 | 90,247 | 90,650 | 90,080 | |||||||||||
| Diluted | 90,993 | 90,247 | 90,650 | 90,080 | |||||||||||
| THE HAIN CELESTIAL GROUP, INC. AND SUBSIDIARIES | |||||||
| Consolidated Balance Sheets | |||||||
| (unaudited and in thousands) | |||||||
| March 31, 2026 | June 30, 2025 | ||||||
| ASSETS | |||||||
| Current assets: | |||||||
| Cash and cash equivalents | $ | 44,311 | $ | 54,355 | |||
| Accounts receivable, net | 138,816 | 154,440 | |||||
| Inventories | 159,071 | 248,731 | |||||
| Prepaid expenses and other current assets | 84,230 | 43,169 | |||||
| Assets held for sale | 9,437 | 29,603 | |||||
| Total current assets | 435,865 | 530,298 | |||||
| Property, plant and equipment, net | 188,104 | 264,730 | |||||
| Goodwill | 288,297 | 500,961 | |||||
| Trademarks and other intangible assets, net | 178,286 | 210,905 | |||||
| Operating lease right-of-use assets, net | 51,340 | 71,171 | |||||
| Other assets | 20,829 | 25,213 | |||||
| Total assets | $ | 1,162,721 | $ | 1,603,278 | |||
| LIABILITIES AND STOCKHOLDERS' EQUITY | |||||||
| Current liabilities: | |||||||
| Accounts payable | $ | 151,926 | $ | 188,307 | |||
| Accrued expenses and other current liabilities | 129,199 | 68,426 | |||||
| Current portion of long-term debt | 549,184 | 7,653 | |||||
| Liabilities related to assets held for sale | 4,594 | 12,987 | |||||
| Total current liabilities | 834,903 | 277,373 | |||||
| Long-term debt, less current portion | 312 | 697,168 | |||||
| Deferred income taxes | 38,349 | 40,332 | |||||
| Operating lease liabilities, noncurrent portion | 46,303 | 65,284 | |||||
| Other noncurrent liabilities | 27,308 | 48,116 | |||||
| Total liabilities | 947,175 | 1,128,273 | |||||
| Stockholders' equity: | |||||||
| Common stock | 1,135 | 1,125 | |||||
| Additional paid-in capital | 1,242,584 | 1,238,402 | |||||
| Retained (deficit) earnings | (196,296 | ) | 46,678 | ||||
| Accumulated other comprehensive loss | (101,387 | ) | (81,053 | ) | |||
| 946,036 | 1,205,152 | ||||||
| Less: Treasury stock | (730,490 | ) | (730,147 | ) | |||
| Total stockholders' equity | 215,546 | 475,005 | |||||
| Total liabilities and stockholders' equity | $ | 1,162,721 | $ | 1,603,278 | |||
| THE HAIN CELESTIAL GROUP, INC. AND SUBSIDIARIES | |||||||||||||||
| Consolidated Statements of Cash Flows | |||||||||||||||
| (unaudited and in thousands) | |||||||||||||||
| Third Quarter | Third Quarter Year to Date | ||||||||||||||
| 2026 | 2025 | 2026 | 2025 | ||||||||||||
| CASH FLOWS FROM OPERATING ACTIVITIES | |||||||||||||||
| Net loss | $ | (106,343 | ) | $ | (134,588 | ) | $ | (242,974 | ) | $ | (258,226 | ) | |||
| Adjustments to reconcile net loss to net cash provided by operating activities: | |||||||||||||||
| Depreciation and amortization | 12,484 | 10,455 | 39,044 | 32,902 | |||||||||||
| Deferred income taxes | (2,664 | ) | (1,509 | ) | (2,687 | ) | (2,625 | ) | |||||||
| Equity in net loss of equity-method investees | 21 | 966 | 327 | 1,709 | |||||||||||
| Stock-based compensation, net | 1,138 | 2,973 | 4,192 | 9,422 | |||||||||||
| Goodwill impairment | 31,018 | 110,251 | 150,926 | 201,518 | |||||||||||
| Long-lived asset and intangibles impairment | 15,047 | 24,012 | 26,964 | 42,029 | |||||||||||
| Loss (gain) on sale of assets | 50,529 | (106 | ) | 48,501 | 2,202 | ||||||||||
| Other non-cash items, net | 1,539 | 1,271 | 2,871 | 773 | |||||||||||
| Increase (decrease) in cash attributable to changes in operating assets and liabilities: | |||||||||||||||
| Accounts receivable | 37,230 | 98 | 17,641 | (1,361 | ) | ||||||||||
| Inventories | 27,589 | (14,578 | ) | 59,556 | (10,605 | ) | |||||||||
| Other current assets | (6,643 | ) | (597 | ) | (39,769 | ) | (8,279 | ) | |||||||
| Other assets and liabilities | (860 | ) | (471 | ) | (4,009 | ) | (561 | ) | |||||||
| Accounts payable and accrued expenses | (21,747 | ) | 6,468 | 6,243 | 15,865 | ||||||||||
| Net cash provided by operating activities | 38,338 | 4,645 | 66,826 | 24,763 | |||||||||||
| CASH FLOWS FROM INVESTING ACTIVITIES | |||||||||||||||
| Purchases of property, plant and equipment | (3,789 | ) | (6,921 | ) | (16,004 | ) | (19,060 | ) | |||||||
| Proceeds from sale of assets | 100,988 | 6 | 102,770 | 13,773 | |||||||||||
| Investments and joint ventures, net | - | - | - | 2,570 | |||||||||||
| Proceeds from termination of net investment hedges | - | 2,363 | - | 2,363 | |||||||||||
| Net cash provided by (used in) investing activities | 97,199 | (4,552 | ) | 86,766 | (354 | ) | |||||||||
| CASH FLOWS FROM FINANCING ACTIVITIES | |||||||||||||||
| Borrowings under bank revolving credit facility | 43,000 | 47,000 | 156,000 | 156,000 | |||||||||||
| Repayments under bank revolving credit facility | (96,000 | ) | (65,000 | ) | (205,500 | ) | (186,000 | ) | |||||||
| Repayments under term loan | (102,975 | ) | (1,875 | ) | (106,725 | ) | (5,625 | ) | |||||||
| (Payments) borrowings of other debt, net | (33 | ) | 21 | (2,642 | ) | (21 | ) | ||||||||
| Employee shares withheld for taxes | - | (123 | ) | (343 | ) | (1,381 | ) | ||||||||
| Proceeds from termination of fair value hedge | - | 552 | - | 552 | |||||||||||
| Net cash used in financing activities | (156,008 | ) | (19,425 | ) | (159,210 | ) | (36,475 | ) | |||||||
| Effect of exchange rate changes on cash | (3,235 | ) | 7,557 | (4,426 | ) | 2,184 | |||||||||
| Net decrease in cash and cash equivalents | (23,706 | ) | (11,775 | ) | (10,044 | ) | (9,882 | ) | |||||||
| Cash and cash equivalents at beginning of period | 68,017 | 56,200 | 54,355 | 54,307 | |||||||||||
| Cash and cash equivalents at end of period | $ | 44,311 | $ | 44,425 | $ | 44,311 | $ | 44,425 | |||||||
| THE HAIN CELESTIAL GROUP, INC. AND SUBSIDIARIES | |||||||||||||||
| Net Sales, Gross Profit and Adjusted EBITDA by Segment | |||||||||||||||
| (unaudited and in thousands) | |||||||||||||||
| North America | International | Corporate/Other | Hain Consolidated | ||||||||||||
| Net Sales | |||||||||||||||
| Net sales - Q3 FY26 | $ | 171,495 | $ | 166,862 | $ | - | $ | 338,357 | |||||||
| Net sales - Q3 FY25 | $ | 222,407 | $ | 167,944 | $ | - | $ | 390,351 | |||||||
| % change - FY26 net sales vs. FY25 net sales | (22.9 | )% | (0.6 | )% | (13.3 | )% | |||||||||
| Gross Profit | |||||||||||||||
| Q3 FY26 | |||||||||||||||
| Gross profit | $ | 39,571 | $ | 30,821 | $ | - | $ | 70,392 | |||||||
| Non-GAAP adjustments(1) | 594 | - | - | 594 | |||||||||||
| Adjusted gross profit | $ | 40,165 | $ | 30,821 | $ | - | $ | 70,986 | |||||||
| % change - FY26 gross profit vs. FY25 gross profit | (19.5 | )% | (13.1 | )% | (16.8 | )% | |||||||||
| % change - FY26 adjusted gross profit vs. FY25 adjusted gross profit | (19.3 | )% | (13.1 | )% | (16.7 | )% | |||||||||
| Gross margin | 23.1 | % | 18.5 | % | 20.8 | % | |||||||||
| Adjusted gross margin | 23.4 | % | 18.5 | % | 21.0 | % | |||||||||
| Q3 FY25 | |||||||||||||||
| Gross profit | $ | 49,178 | $ | 35,472 | $ | - | $ | 84,650 | |||||||
| Non-GAAP adjustments(1) | 592 | - | - | 592 | |||||||||||
| Adjusted gross profit | $ | 49,770 | $ | 35,472 | $ | - | $ | 85,242 | |||||||
| Gross margin | 22.1 | % | 21.1 | % | 21.7 | % | |||||||||
| Adjusted gross margin | 22.4 | % | 21.1 | % | 21.8 | % | |||||||||
| Adjusted EBITDA | |||||||||||||||
| Q3 FY26 | |||||||||||||||
| Adjusted EBITDA | $ | 17,171 | $ | 19,580 | $ | (10,499 | ) | $ | 26,252 | ||||||
| % change - FY26 Adjusted EBITDA vs. FY25 Adjusted EBITDA | (0.8 | )% | (11.7 | )% | (79.3 | )% | (21.9 | )% | |||||||
| Adjusted EBITDA margin | 10.0 | % | 11.7 | % | 7.8 | % | |||||||||
| Q3 FY25 | |||||||||||||||
| Adjusted EBITDA | $ | 17,306 | $ | 22,166 | $ | (5,857 | ) | $ | 33,615 | ||||||
| Adjusted EBITDA margin | 7.8 | % | 13.2 | % | 8.6 | % | |||||||||
| (1)See accompanying table "Adjusted Gross Profit, Adjusted Operating Income, Adjusted Net (Loss) Income and Adjusted Net (Loss) Income per Diluted Share" | |||||||||||||||
| THE HAIN CELESTIAL GROUP, INC. AND SUBSIDIARIES | |||||||||||||||
| Net Sales, Gross Profit and Adjusted EBITDA by Segment | |||||||||||||||
| (unaudited and in thousands) | |||||||||||||||
| North America | International | Corporate/Other | Hain Consolidated | ||||||||||||
| Net Sales | |||||||||||||||
| Net sales - Q3 FY26 YTD | $ | 573,236 | $ | 517,124 | $ | - | $ | 1,090,360 | |||||||
| Net sales - Q3 FY25 YTD | $ | 682,836 | $ | 513,596 | $ | - | $ | 1,196,432 | |||||||
| % change - FY26 net sales vs. FY25 net sales | (16.1 | )% | 0.7 | % | (8.9 | )% | |||||||||
| Gross Profit | |||||||||||||||
| Q3 FY26 YTD | |||||||||||||||
| Gross profit | $ | 122,734 | $ | 90,175 | $ | - | $ | 212,909 | |||||||
| Non-GAAP adjustments(1) | 4,802 | - | - | 4,802 | |||||||||||
| Adjusted gross profit | $ | 127,536 | $ | 90,175 | $ | - | $ | 217,711 | |||||||
| % change - FY26 gross profit vs. FY25 gross profit | (20.0 | )% | (15.2 | )% | (18.0 | )% | |||||||||
| % change - FY26 adjusted gross profit vs. FY25 adjusted gross profit | (17.8 | )% | (15.2 | )% | (16.7 | )% | |||||||||
| Gross margin | 21.4 | % | 17.4 | % | 19.5 | % | |||||||||
| Adjusted gross margin | 22.2 | % | 17.4 | % | 20.0 | % | |||||||||
| Q3 FY25 YTD | |||||||||||||||
| Gross profit | $ | 153,388 | $ | 106,324 | $ | - | $ | 259,712 | |||||||
| Non-GAAP adjustments(1) | 1,779 | - | - | 1,779 | |||||||||||
| Adjusted gross profit | $ | 155,167 | $ | 106,324 | $ | - | $ | 261,491 | |||||||
| Gross margin | 22.5 | % | 20.7 | % | 21.7 | % | |||||||||
| Adjusted gross margin | 22.7 | % | 20.7 | % | 21.9 | % | |||||||||
| Adjusted EBITDA | |||||||||||||||
| Q3 FY26 YTD | |||||||||||||||
| Adjusted EBITDA | $ | 45,091 | $ | 51,133 | $ | (25,958 | ) | $ | 70,266 | ||||||
| % change - FY26 Adjusted EBITDA vs. FY25 Adjusted EBITDA | (18.1 | )% | (21.4 | )% | 1.1 | % | (25.2 | )% | |||||||
| Adjusted EBITDA margin | 7.9 | % | 9.9 | % | 6.4 | % | |||||||||
| Q3 FY25 YTD | |||||||||||||||
| Adjusted EBITDA | $ | 55,072 | $ | 65,062 | $ | (26,251 | ) | $ | 93,883 | ||||||
| Adjusted EBITDA margin | 8.1 | % | 12.7 | % | 7.8 | % | |||||||||
| (1)See accompanying table "Adjusted Gross Profit, Adjusted Operating Income, Adjusted Net (Loss) Income and Adjusted Net (Loss) Income per Diluted Share" | |||||||||||||||
| THE HAIN CELESTIAL GROUP, INC. AND SUBSIDIARIES | |||||||||||||||
| Adjusted Gross Profit, Adjusted Operating Income, Adjusted Net (Loss) Income and Adjusted Net (Loss) Income per Diluted Share | |||||||||||||||
| (unaudited and in thousands, except per share amounts) | |||||||||||||||
| Reconciliation of Gross Profit, GAAP to Gross Profit, as Adjusted: | |||||||||||||||
| Third Quarter | Third Quarter Year to Date | ||||||||||||||
| 2026 | 2025 | 2026 | 2025 | ||||||||||||
| Gross profit, GAAP | $ | 70,392 | $ | 84,650 | $ | 212,909 | $ | 259,712 | |||||||
| Adjustments to Cost of sales: | |||||||||||||||
| Plant closure related costs, net | 594 | 208 | 4,802 | 1,395 | |||||||||||
| Warehouse/manufacturing consolidation and other costs, net | - | 384 | - | 384 | |||||||||||
| Gross profit, as adjusted | $ | 70,986 | $ | 85,242 | $ | 217,711 | $ | 261,491 | |||||||
| Reconciliation of Operating Loss, GAAP to Operating Income, as Adjusted: | |||||||||||||||
| Third Quarter | Third Quarter Year to Date | ||||||||||||||
| 2026 | 2025 | 2026 | 2025 | ||||||||||||
| Operating loss, GAAP | $ | (42,131 | ) | $ | (121,079 | ) | $ | (147,818 | ) | $ | (209,925 | ) | |||
| Adjustments to Cost of sales: | |||||||||||||||
| Plant closure related costs, net | 594 | 208 | 4,802 | 1,395 | |||||||||||
| Warehouse/manufacturing consolidation and other costs, net | - | 384 | - | 384 | |||||||||||
| Adjustments to Operating expenses(a): | |||||||||||||||
| Goodwill impairment | 31,018 | 110,251 | 150,926 | 201,518 | |||||||||||
| Long-lived asset and intangibles impairment | 15,047 | 24,012 | 26,964 | 42,029 | |||||||||||
| Productivity and transformation costs | 4,066 | 7,289 | 17,519 | 16,497 | |||||||||||
| Certain litigation expenses, net(b) | 2,519 | 407 | 3,164 | 2,254 | |||||||||||
| Transaction and integration costs, net | 1,553 | (151 | ) | 4,735 | (574 | ) | |||||||||
| Plant closure related costs, net | 133 | (213 | ) | 281 | (166 | ) | |||||||||
| Proceeds from insurance claim(c) | - | - | (25,900 | ) | - | ||||||||||
| Operating income, as adjusted | $ | 12,799 | $ | 21,108 | $ | 34,673 | $ | 53,412 | |||||||
| Reconciliation of Net Loss, GAAP to Net (Loss) Income, as Adjusted: | |||||||||||||||
| Third Quarter | Third Quarter Year to Date | ||||||||||||||
| 2026 | 2025 | 2026 | 2025 | ||||||||||||
| Net loss, GAAP | $ | (106,343 | ) | $ | (134,588 | ) | $ | (242,974 | ) | (258,226 | ) | ||||
| Adjustments to Cost of sales: | |||||||||||||||
| Plant closure related costs, net | 594 | 208 | 4,802 | 1,395 | |||||||||||
| Warehouse/manufacturing consolidation and other costs, net | - | 384 | - | 384 | |||||||||||
| Adjustments to Operating expenses(a): | |||||||||||||||
| Goodwill impairment | 31,018 | 110,251 | 150,926 | 201,518 | |||||||||||
| Long-lived asset and intangibles impairment | 15,047 | 24,012 | 26,964 | 42,029 | |||||||||||
| Productivity and transformation costs | 4,066 | 7,289 | 17,519 | 16,497 | |||||||||||
| Certain litigation expenses, net(b) | 2,519 | 407 | 3,164 | 2,254 | |||||||||||
| Transaction and integration costs, net | 1,553 | (151 | ) | 4,735 | (574 | ) | |||||||||
| Plant closure related costs, net | 133 | (213 | ) | 281 | (166 | ) | |||||||||
| Proceeds from insurance claim(c) | - | - | (25,900 | ) | - | ||||||||||
| Adjustments to Interest and other expense, net(d): | |||||||||||||||
| Loss (gain) on sale of assets | 50,529 | (106 | ) | 48,501 | 2,202 | ||||||||||
| Unrealized currency losses | 219 | 1,255 | 623 | 825 | |||||||||||
| Adjustments to Provision (benefit) for income taxes: | |||||||||||||||
| Net tax impact of non-GAAP adjustments | (584 | ) | (2,693 | ) | 133 | 1,615 | |||||||||
| Net (loss) income, as adjusted | $ | (1,249 | ) | $ | 6,055 | $ | (11,226 | ) | 9,753 | ||||||
| Net loss margin | (31.4 | )% | (34.5 | )% | (22.3 | )% | (21.6 | )% | |||||||
| Adjusted net (loss) income margin | (0.4 | )% | 1.6 | % | (1.0 | )% | 0.8 | % | |||||||
| Diluted shares used in the calculation of net loss per common share: | 90,993 | 90,247 | 90,650 | 90,080 | |||||||||||
| Diluted shares used in the calculation of adjusted net (loss) income per common share: | 90,993 | 90,407 | 90,650 | 90,287 | |||||||||||
| Diluted net loss per common share, GAAP | $ | (1.17 | ) | $ | (1.49 | ) | $ | (2.68 | ) | $ | (2.87 | ) | |||
| Diluted net (loss) income per common share, as adjusted | $ | (0.01 | ) | $ | 0.07 | $ | (0.12 | ) | $ | 0.11 | |||||
| (a) Operating expenses include amortization of acquired intangibles, selling, general and administrative expenses, goodwill impairment, long-lived asset and intangibles impairment and productivity and transformation costs. | |||||||||||||||
| (b) Expenses and items relating to securities class action, baby food litigation and SEC investigation. | |||||||||||||||
| (c) Represents a receivable under the Company's representation and warranty insurance related to one of its prior acquisitions, which was collected on January 2, 2026. | |||||||||||||||
| (d) Interest and other expense, net includes interest and other financing expenses, net, loss (gain) on sale of assets, unrealized currency losses and other expense, net. | |||||||||||||||
| THE HAIN CELESTIAL GROUP, INC. AND SUBSIDIARIES | |||||||||||
| Organic Net Sales Growth by Segment | |||||||||||
| (unaudited and in thousands) | |||||||||||
| Q3 FY26 | North America | International | Hain Consolidated | ||||||||
| Net sales | $ | 171,495 | $ | 166,862 | $ | 338,357 | |||||
| Less: Impact of divestitures, held for sale businesses, discontinued brands and exited product categories | 57,493 | 872 | 58,365 | ||||||||
| Less: Impact of foreign currency exchange | 282 | 12,244 | 12,526 | ||||||||
| Organic net sales | $ | 113,720 | $ | 153,746 | $ | 267,466 | |||||
| Q3 FY25 | |||||||||||
| Net sales | $ | 222,407 | $ | 167,944 | $ | 390,351 | |||||
| Less: Impact of divestitures, held for sale businesses, discontinued brands and exited product categories | 105,487 | 1,155 | 106,642 | ||||||||
| Organic net sales | $ | 116,920 | $ | 166,789 | $ | 283,709 | |||||
| Net sales decline | (22.9 | )% | (0.6 | )% | (13.3 | )% | |||||
| Less: Impact of divestitures, held for sale businesses, discontinued brands and exited product categories | (20.3 | )% | (0.1 | )% | (10.8 | )% | |||||
| Less: Impact of foreign currency exchange | 0.1 | % | 7.3 | % | 3.2 | % | |||||
| Organic net sales decline | (2.7 | )% | (7.8 | )% | (5.7 | )% | |||||
| Q3 FY26 YTD | North America | International | Hain Consolidated | ||||||||
| Net sales | $ | 573,236 | $ | 517,124 | $ | 1,090,360 | |||||
| Less: Impact of divestitures, held for sale businesses, discontinued brands and exited product categories | 226,664 | 3,085 | 229,749 | ||||||||
| Less: Impact of foreign currency exchange | 267 | 27,906 | 28,173 | ||||||||
| Organic net sales | $ | 346,305 | $ | 486,133 | $ | 832,438 | |||||
| Q3 FY25 YTD | |||||||||||
| Net sales | $ | 682,836 | $ | 513,596 | $ | 1,196,432 | |||||
| Less: Impact of divestitures, held for sale businesses, discontinued brands and exited product categories | 330,826 | 3,872 | 334,698 | ||||||||
| Organic net sales | $ | 352,010 | $ | 509,724 | $ | 861,734 | |||||
| Net sales (decline) growth | (16.1 | )% | 0.7 | % | (8.9 | )% | |||||
| Less: Impact of divestitures, held for sale businesses, discontinued brands and exited product categories | (14.5 | )% | (0.1 | )% | (7.9 | )% | |||||
| Less: Impact of foreign currency exchange | 0.0 | % | 5.4 | % | 2.4 | % | |||||
| Organic net sales decline | (1.6 | )% | (4.6 | )% | (3.4 | )% | |||||
| THE HAIN CELESTIAL GROUP, INC. AND SUBSIDIARIES | |||||||||||||||||||||||
| Organic Net Sales Growth by Category | |||||||||||||||||||||||
| (unaudited and in thousands) | |||||||||||||||||||||||
| Q3 FY26 | Baby & Kids | Beverages | Meal Prep | Personal Care | Snacks | Hain Consolidated | |||||||||||||||||
| Net sales | $ | 53,133 | $ | 66,502 | $ | 153,231 | $ | 12,664 | $ | 52,827 | $ | 338,357 | |||||||||||
| Less: Impact of divestitures, held for sale businesses, discontinued brands and exited product categories | - | - | 332 | 12,664 | 45,369 | 58,365 | |||||||||||||||||
| Less: Impact of foreign currency exchange | 1,589 | 3,339 | 7,118 | - | 480 | 12,526 | |||||||||||||||||
| Organic net sales | $ | 51,544 | $ | 63,163 | $ | 145,781 | $ | - | $ | 6,978 | $ | 267,466 | |||||||||||
| Q3 FY25 | |||||||||||||||||||||||
| Net sales | $ | 59,896 | $ | 62,874 | $ | 162,266 | $ | 16,809 | $ | 88,506 | $ | 390,351 | |||||||||||
| Less: Impact of divestitures, held for sale businesses, discontinued brands and exited product categories | 221 | - | 8,634 | 16,809 | 80,978 | 106,642 | |||||||||||||||||
| Organic net sales | $ | 59,675 | $ | 62,874 | $ | 153,632 | $ | - | $ | 7,528 | $ | 283,709 | |||||||||||
| Net sales (decline) growth | (11.3 | )% | 5.8 | % | (5.6 | )% | (24.7 | )% | (40.3 | )% | (13.3 | )% | |||||||||||
| Less: Impact of divestitures, held for sale businesses, discontinued brands and exited product categories | (0.4 | )% | (0.0 | )% | (4.9 | )% | n/a | (33.5 | )% | (10.8 | )% | ||||||||||||
| Less: Impact of foreign currency exchange | 2.7 | % | 5.3 | % | 4.4 | % | n/a | 0.5 | % | 3.2 | % | ||||||||||||
| Net sales (decline) growth | (13.6 | )% | 0.5 | % | (5.1 | )% | n/a | (7.3 | )% | (5.7 | )% | ||||||||||||
| Q3 FY26 YTD | Baby & Kids | Beverages | Meal Prep | Personal Care | Snacks | Hain Consolidated | |||||||||||||||||
| Net sales | $ | 162,515 | $ | 200,609 | $ | 485,117 | $ | 37,426 | $ | 204,693 | $ | 1,090,360 | |||||||||||
| Less: Impact of divestitures, held for sale businesses, discontinued brands and exited product categories | (4 | ) | - | 8,716 | 37,426 | 183,611 | 229,749 | ||||||||||||||||
| Less: Impact of foreign currency exchange | 3,464 | 8,123 | 15,578 | - | 1,008 | 28,173 | |||||||||||||||||
| Organic net sales | $ | 159,055 | $ | 192,486 | $ | 460,823 | $ | - | $ | 20,074 | $ | 832,438 | |||||||||||
| Q3 FY25 YTD | |||||||||||||||||||||||
| Net sales | $ | 182,225 | $ | 189,364 | $ | 499,311 | $ | 47,844 | $ | 277,688 | $ | 1,196,432 | |||||||||||
| Less: Impact of divestitures, held for sale businesses, discontinued brands and exited product categories | 1,003 | - | 29,663 | 47,844 | 256,188 | 334,698 | |||||||||||||||||
| Organic net sales | $ | 181,222 | $ | 189,364 | $ | 469,648 | $ | - | $ | 21,500 | $ | 861,734 | |||||||||||
| Net sales (decline) growth | (10.8 | )% | 5.9 | % | (2.8 | )% | (21.8 | )% | (26.3 | )% | (8.9 | )% | |||||||||||
| Less: Impact of divestitures, held for sale businesses, discontinued brands and exited product categories | (0.5 | )% | 0.0 | % | (4.0 | )% | n/a | (20.1 | )% | (7.9 | )% | ||||||||||||
| Less: Impact of foreign currency exchange | 1.9 | % | 4.3 | % | 3.1 | % | n/a | 0.4 | % | 2.4 | % | ||||||||||||
| Net sales (decline) growth | (12.2 | )% | 1.6 | % | (1.9 | )% | n/a | (6.6 | )% | (3.4 | )% | ||||||||||||
| THE HAIN CELESTIAL GROUP, INC. AND SUBSIDIARIES | |||||||||||||||
| Adjusted EBITDA | |||||||||||||||
| (unaudited and in thousands) | |||||||||||||||
| Third Quarter | Third Quarter Year to Date | ||||||||||||||
| 2026 | 2025 | 2026 | 2025 | ||||||||||||
| Net loss | $ | (106,343 | ) | $ | (134,588 | ) | $ | (242,974 | ) | $ | (258,226 | ) | |||
| Depreciation and amortization | 12,484 | 10,455 | 39,044 | 32,902 | |||||||||||
| Equity in net loss of equity-method investees | 21 | 966 | 327 | 1,709 | |||||||||||
| Interest expense, net | 12,515 | 11,096 | 39,723 | 36,084 | |||||||||||
| Provision (benefit) for income taxes | 759 | (505 | ) | 1,889 | 5,746 | ||||||||||
| Stock-based compensation, net | 1,138 | 2,973 | 4,192 | 9,422 | |||||||||||
| Unrealized currency losses | 219 | 1,137 | 623 | 707 | |||||||||||
| Certain litigation expenses, net(a) | 2,519 | 407 | 3,164 | 2,254 | |||||||||||
| Proceeds from insurance claim(b) | - | - | (25,900 | ) | - | ||||||||||
| Restructuring activities | |||||||||||||||
| Productivity and transformation costs | 4,066 | 7,289 | 17,519 | 16,497 | |||||||||||
| Plant closure related costs, net | 727 | (5 | ) | 1,533 | 1,229 | ||||||||||
| Warehouse/manufacturing consolidation and other costs, net | - | 384 | - | 384 | |||||||||||
| Acquisitions, divestitures and other | |||||||||||||||
| Loss (gain) on sale of assets | 50,529 | (106 | ) | 48,501 | 2,202 | ||||||||||
| Transaction and integration costs, net | 1,553 | (151 | ) | 4,735 | (574 | ) | |||||||||
| Impairment charges | |||||||||||||||
| Goodwill impairment | 31,018 | 110,251 | 150,926 | 201,518 | |||||||||||
| Long-lived asset and intangibles impairment | 15,047 | 24,012 | 26,964 | 42,029 | |||||||||||
| Adjusted EBITDA | $ | 26,252 | $ | 33,615 | $ | 70,266 | $ | 93,883 | |||||||
| (a) Expenses and items relating to securities class action, baby food litigation and SEC investigation. | |||||||||||||||
| (b) Represents a receivable under the Company's representation and warranty insurance related to one of its prior acquisitions, which was collected on January 2, 2026. | |||||||||||||||
| THE HAIN CELESTIAL GROUP, INC. AND SUBSIDIARIES | |||||||||||||||
| Free Cash Flow | |||||||||||||||
| (unaudited and in thousands) | |||||||||||||||
| Third Quarter | Third Quarter Year to Date | ||||||||||||||
| 2026 | 2025 | 2026 | 2025 | ||||||||||||
| Net cash provided by operating activities | $ | 38,338 | $ | 4,645 | $ | 66,826 | $ | 24,763 | |||||||
| Purchases of property, plant and equipment | (3,789 | ) | (6,921 | ) | (16,004 | ) | (19,060 | ) | |||||||
| Free cash flow | $ | 34,549 | $ | (2,276 | ) | $ | 50,822 | $ | 5,703 | ||||||
| THE HAIN CELESTIAL GROUP, INC. AND SUBSIDIARIES | ||||||
| Net Debt | ||||||
| (unaudited and in thousands) | ||||||
| March 31, 2026 | June 30, 2025 | |||||
| Debt | ||||||
| Current portion of long-term debt | $ | 549,184 | $ | 7,653 | ||
| Long-term debt, less current portion | 312 | 697,168 | ||||
| Total debt | 549,496 | 704,821 | ||||
| Less: Cash and cash equivalents | 44,311 | 54,355 | ||||
| Net debt | $ | 505,185 | $ | 650,466 | ||
