Welcome to our dedicated page for Hain Celestial news (Ticker: HAIN), a resource for investors and traders seeking the latest updates and insights on Hain Celestial stock.
The Hain Celestial Group, Inc. (Nasdaq: HAIN) generates a steady flow of news as a global health and wellness company focused on better-for-you brands across snacks, baby and kids foods, beverages, meal preparation and personal care. Headquartered in Hoboken, New Jersey, the company’s disclosures emphasize that its products are marketed and sold in over 70 countries and organized into North America and International segments, with reporting by categories such as Snacks, Baby & Kids, Beverages, Meal Prep and Personal Care.
News about Hain Celestial often covers financial results and strategic updates. Earnings releases and accompanying Form 8-K filings provide details on net sales, organic net sales, margins, adjusted EBITDA and performance by segment and category. Management commentary in these releases discusses priorities such as stabilizing sales, improving profitability, optimizing cash, deleveraging the balance sheet and executing on a turnaround strategy built around five actions: streamlining the portfolio, accelerating brand renovation and innovation, implementing strategic revenue growth management and pricing, driving productivity and working capital efficiency, and strengthening digital capabilities.
Investors and followers of HAIN can also expect corporate governance and leadership news, including proxy materials on director elections, executive compensation and equity plan amendments, as well as 8-K filings describing changes in leadership roles. For example, a recent 8-K detailed the transition of Alison E. Lewis from Interim President and Chief Executive Officer to President and Chief Executive Officer, along with the key terms of her employment and change in control agreements.
Brand-level announcements form another important stream of news. Releases have highlighted initiatives from Garden Veggie Snacks™ in the better-for-you snacking category, new wellness teas from Celestial Seasonings®, recognition and certifications for Earth’s Best® organic infant formulas, and consumer promotions such as the "Savor Your Summer" sweepstakes for snack brands including Garden Veggie Snacks™, Terra® chips and Garden of Eatin'®. Together, these updates provide insight into how Hain Celestial manages and promotes its portfolio across snacks, baby and kids, beverages, meal prep and personal care.
Bookmark this HAIN news page to follow the company’s earnings announcements, SEC-referenced press releases, category performance updates and brand campaigns as they are released.
Hain Celestial Group reported Q1 results for FY2022, experiencing a 9% decline in net sales to $454.9 million. Adjusted net income decreased to $23.8 million, with EPS of $0.20. Despite a 72 basis point drop in gross margin to 23.2%, operating income surged to $25.5 million, up from $3.3 million a year prior. The company forecasts low single-digit sales growth and adjusted EBITDA growth for FY2022, emphasizing the impact of inflation and market conditions on performance.
The Hain Celestial Group (Nasdaq: HAIN), a prominent organic and natural products company, is set to participate in the Jefferies Virtual West Coast Consumer Conference on November 16, 2021, at 2:00 PM Eastern Time. This event will feature a live fireside chat discussion. Interested parties can access the webcast on Hain's website under the Investor Relations and Press & Events section. With operations spanning North America, Europe, Asia, and the Middle East, Hain Celestial offers various well-known brands focusing on health and wellness.
The Hain Celestial Group, Inc. (Nasdaq: HAIN) announced a conference call scheduled for November 9, 2021, at 8:00 AM ET to discuss its First Quarter Fiscal Year 2022 financial results. Interested investors can join by dialing 855-327-6837 from the U.S. or 631-891-4304 internationally. The call will feature insights from Hain Celestial's management team and will be accessible via their website under Investor Relations. Hain Celestial is recognized for its diverse range of organic and natural products across various global markets.
The Hain Celestial Group (Nasdaq: HAIN) announced its Investor Day scheduled for September 28, 2021, at 10:00 a.m. Eastern Time. The event will include a management presentation followed by a Q&A session. This gathering aims to provide insights into the company's future strategy and performance. Interested parties can access the webcast through the company's website under the Investor Relations and Press & Events section. Hain Celestial is recognized for its organic and natural products across multiple global markets.
Hain Celestial reported its fourth-quarter and fiscal year 2021 results, showing net sales of $450.7 million for Q4, a 12% decrease year-over-year. Adjusted net income rose to $39.7 million, while gross margin improved to 25.7%. For the fiscal year, net sales totaled $1.97 billion, a 4% decline, with adjusted EBITDA growing to $258.9 million. The company announced a new $300 million share repurchase authorization. Looking ahead, it expects low single-digit adjusted net sales growth and mid to high single-digit adjusted EBITDA growth for fiscal year 2022.
The Hain Celestial Group (Nasdaq: HAIN) will host a conference call on August 26, 2021, at 8:30 AM ET to discuss its Fourth Quarter and Fiscal Year 2021 financial results. The call will be accessible via webcast on the company's website. Hain Celestial is a prominent organic and natural products company operating in North America, Europe, Asia, and the Middle East, offering brands like Celestial Seasonings, Earth's Best, and more. This announcement is part of their ongoing commitment to investor engagement.
The Hain Celestial Group (Nasdaq: HAIN) announced new product innovations in snacks, teas, and personal care to align with consumer trends post-COVID-19. Sensible Portions introduced Garden Veggie Puffs with 30% less fat, while Celestial Seasonings launched several new teas, including an energy tea and cold brew iced tea. The JĀSÖN brand revealed a men's line for hair and skin care needs. CEO Mark L. Schiller emphasized the commitment to innovation for better health alternatives, reflecting a growth strategy with exciting new offerings.
The Hain Celestial Group (Nasdaq: HAIN), a leader in organic and natural products, is set to participate in several conferences in June 2021. Key events include:
- June 2: Fireside chat at Bernstein's 37th Annual Strategic Decisions Conference at 4:30 PM ET.
- June 3: Fireside chat at Piper Sandler's 41st Annual Consumer Conference at 9:45 AM ET.
- June 16: Fireside chat at Evercore ISI Consumer & Retail Summit at 4:15 PM ET.
- June 23: Fireside chat at Jefferies Consumer Conference at 8:35 AM ET.
Webcasts will be available on the company's website.
The Hain Celestial Group, Inc. (HAIN) reported Q3 financial results for the period ending March 31, 2021. Net sales decreased by 11% to $492.6 million; however, adjusted sales, excluding certain factors, dropped by 6%. Gross margin improved to 26.4%, marking a 244 basis point increase. Operating income rose to $49.6 million from $19.1 million year-over-year. Adjusted EBITDA grew by 21% to $73.8 million, with EPS increasing from $0.24 to $0.34. The company also reaffirmed its guidance for fiscal 2021, expecting adjusted EBITDA growth near 10% in Q4, despite projected sales declines of 5% to 8%.
The Hain Celestial Group, Inc. (Nasdaq: HAIN) will hold a conference call on May 6, 2021, at 8:30 AM Eastern Time to discuss its Third Quarter Fiscal Year 2021 financial results. This session will feature insights from the management team and will be accessible via the company's website under Investor Relations. Hain Celestial operates in the organic and natural products market, boasting a diverse range of well-known brands across various categories.
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