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.
Alba Botanica, part of Hain Celestial, announces a partnership with surf champion Caroline Marks, aiming to inspire and support young women throughout 2021. Marks, an Olympic medal hopeful, embodies the brand's values of confidence and environmental consciousness. Alba Botanica is recognized as the leading suncare brand in the natural channel, with biodegradable products free of harmful chemicals. This collaboration reflects a commitment to sustainability and championing young female athletes.
Hain Celestial Group (Nasdaq: HAIN) is set to host a fireside chat at the 2021 ICR Conference on January 13, 2021, at 11:30 AM Eastern Time. This event will showcase the company's commitment to providing consumers with a Healthier Way of Life™ through its diverse range of organic and natural products. Interested parties can access the webcast via Hain Celestial's website under the Investor Relations section. Hain Celestial operates across North America, Europe, Asia, and the Middle East.
Hain Celestial Group will host a fireside chat at the Bernstein Operational Decisions Conference on November 16, 2020, at 12:30 PM Eastern Time. Investors can access the webcast on its website under Investor Relations. As a leading organic and natural products company, Hain operates in North America, Europe, Asia, and the Middle East. The company is known for brands like Celestial Seasonings and Earth's Best.
The Hain Celestial Group (Nasdaq: HAIN) will host a fireside chat at the Jefferies West Coast Consumer Conference on November 17, 2020, at 2:00 PM Eastern Time. This event will provide insights into the company's operations across North America, Europe, Asia, and the Middle East, focusing on its organic and natural products portfolio. Investors can access the webcast on the company's website under Investor Relations. Hain Celestial's brands include Celestial Seasonings®, Dream®, and Earth’s Best®, among others.
The Hain Celestial Group reported Q1 results for fiscal 2021, with net sales increasing by 3% to $498.6 million. Adjusted EBITDA rose 71% to $54.9 million, while adjusted net income was $27.4 million compared to $8.4 million last year. Gross margin improved by 360 basis points to 23.9%, reflecting strong performance in both North America and International segments. Despite a net loss of $10.8 million due to an impairment charge, the company remains confident about sustainable long-term growth, aiming for mid-single digit growth in Q2.
The Hain Celestial Group, Inc. (Nasdaq: HAIN) will hold a conference call on November 10, 2020, at 8:30 AM ET to discuss its First Quarter Fiscal Year 2021 financial results. This call will include remarks from the company's management team and will be available via webcast on Hain Celestial's website. Hain Celestial operates in North America, Europe, Asia, and the Middle East, providing a range of organic and natural products across various well-known brands.
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Hain Celestial has announced a partnership with Folds of Honor, a nonprofit providing educational scholarships to families of fallen and disabled service members. Starting in September, select products such as Live Clean and TERRA will feature patriotic packaging to support this cause. The initiative aims to raise awareness and funds for scholarship programs, as many families of service members are ineligible for federal educational assistance. Hain Celestial is committed to expanding this partnership annually to aid educational efforts for military families.
The Hain Celestial Group, a prominent organic and natural products company, announced its participation in the Barclays Global Consumer Staples Conference on September 8, 2020, at 2:40 PM ET. The presentation can be streamed via Hain Celestial's website under Investor Relations, with archives available later. Headquartered in Lake Success, NY, Hain operates across North America, Europe, Asia, and the Middle East, offering well-known brands such as Celestial Seasonings and Earth's Best. The company's focus remains on delivering A Healthier Way of Life™ to consumers.
The Hain Celestial Group reported Q4 and FY 2020 results, showing profitability at the high end of expectations. Q4 net sales rose 1% to $511.7 million with a gross margin of 25.4%, a 658 basis point increase. Adjusted net income for Q4 increased to $32.3 million. FY 2020 saw net sales drop by 2% to $2,053.9 million, but gross margin improved to 22.7%. The company repurchased 2.6 million shares and anticipates continued margin expansion and double-digit adjusted EBITDA growth, although specific FY 2021 financial guidance was not provided.