The Hain Celestial Group, Inc. reports developments across a global health and wellness packaged-food portfolio built around better-for-you brands. Recurring news includes fiscal results, cash flow, debt reduction, margin initiatives, earnings calls, product launches and portfolio changes across North America and international markets.
The company’s continuing brand portfolio includes 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, and soup brands such as Cully & Sully, Yorkshire Provender and New Covent Garden. Hain also reports governance and leadership changes and the effects of its completed North American snacks divestiture on its simplified operating focus.
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.
The Hain Celestial Group, Inc. (Nasdaq: HAIN) will host a conference call to discuss its Fourth Quarter and Fiscal Year 2020 financial results on August 25, 2020, at 8:30 AM ET. The call will include insights from Hain Celestial's management team and will be accessible via a webcast on the company's website. Hain Celestial is a leader in organic and natural products with a broad portfolio of brands serving markets across North America, Europe, Asia, and the Middle East.