Hain Celestial Stock Price, News & Analysis

Hain Celestial Group (NASDAQ: HAIN) announced a significant leadership change with Wendy Davidson stepping down as President, CEO, and Board member, effective immediately. The Board has appointed Alison E. Lewis, a Board member since September 2024 with over 30 years of consumer goods leadership experience, as Interim President and CEO.

Simultaneously, the company announced a comprehensive strategic review of its portfolio, engaging Goldman Sachs as financial advisor. The review aims to explore various strategic options to enhance shareholder value, though no specific timeline has been provided. The Board emphasized its focus on improving performance, strengthening the balance sheet, and positioning the business for long-term success during this transition period.

Hain Celestial Group (Nasdaq: HAIN) has scheduled its fiscal third quarter 2025 financial results announcement for Wednesday, May 7, 2025, before market opening. The health and wellness company will host a conference call and webcast at 8:00 AM ET featuring President and CEO Wendy Davidson and CFO Lee Boyce.

The presentation will be accessible through the Investors section at www.hain.com. Analysts can join via (800) 715-9871 or (646) 307-1963 using conference ID 5099081. A replay will be available until May 14, 2025, accessible by dialing (800) 770-2030 or (609) 800-9909.

Hain Celestial Group (NASDAQ: HAIN) and its brand Earth's Best® have reaffirmed their commitment to baby food safety and quality standards. The company highlighted its 40-year legacy in organic baby food production through a blog post by North America President Chad Marquardt on The Hain Way corporate blog.

The announcement comes at a time when over 50% of parents report stress related to feeding their children, particularly concerning heavy metals and food safety. Earth's Best® emphasizes its focus on USDA-organic ingredients and efforts to minimize unwanted elements like trace levels of heavy metals present in the soil, air, water, and food chain.

The brand's commitment includes comprehensive safety measures from ingredient sourcing to testing transparency, aiming to maintain its position as a trusted partner in providing nutritional products for children from birth to backpack age.

Hain Celestial Group (Nasdaq: HAIN) is expanding its market presence by introducing its Garden Veggie Straws® to Dollar General stores nationwide. The Sea Salt variety began appearing in stores in late March, with a complete rollout to over 20,000 Dollar General locations expected later this month.

This strategic channel expansion aligns with Hain's 'first to mind, first to find' approach and their mission to make healthier living more accessible. The initiative is part of Hain Reimagined, the company's multiyear business strategy, specifically supporting its Grow and Build pillars by targeting value-conscious consumers seeking better-for-you snack options without compromising on taste, convenience, or affordability.

Earth's Best has announced the launch of a new line of organic play + learn finger foods designed to support motor skill development in infants during their weaning journey. The three-stage platform includes Organic Crunchy Sticks (6+ months), Organic Melty Hoops (8+ months), and Organic Munchy Fingers (10+ months).

The products feature simple, wholesome ingredients without artificial flavors or preservatives, and are crafted to dissolve easily. The Crunchy Sticks come in Strawberry Banana, Garden Veggie, and Cheddar Cheese flavors. Melty Hoops, made with puffed corn and quinoa, are available in Spring Veggies and Strawberries + Mangoes varieties. Munchy Fingers, made with puffed corn and chickpea, come in Mixed Berry and Mango Carrot flavors.

The products will be available spring 2025 at major retailers including Amazon, Target, and Walmart.

Hain Celestial Group (Nasdaq: HAIN) reinforces its position as a leader in better-for-you products, highlighting its 30+ year commitment to natural ingredients. The company announced that 100% of its U.S. portfolio is free from FD&C artificial colors and Red Dye No. 3, using only colors from natural sources.

This strategic positioning aligns with current consumer trends, as revealed by McKinsey & Company research showing that 82% of U.S. consumers are incorporating wellness into their daily lives, and 75% of shoppers have purchased natural or organic products in the past 6 months.

President and CEO Wendy Davidson emphasized the company's focus on providing options for various dietary needs, including gluten-free, dairy-free, GLP-1 support, and heart-healthy options, while maintaining taste, convenience, and availability.

Garden Veggie™ Snacks has launched two new varieties of its Flavor Burst™ Tortilla Chips: Smoky BBQ and Sweet Tangy Chili. These better-for-you snacks feature no artificial flavors or preservatives, and are certified gluten-free.

The new products combine five vegetables (spinach, beet, red bell pepper, carrot, and tomato) with non-GMO corn. The Smoky BBQ variety delivers a rich, smoky flavor and is exclusively available at Walmart in 12oz size, while the Sweet Tangy Chili variety offers a sweet-spicy combination and is available at Kroger in 6oz size.

These new flavors join the existing portfolio that includes Nacho Cheese and Zesty Ranch varieties, targeting consumers seeking healthier snacking options without compromising on taste.

Hain Celestial (NASDAQ: HAIN) has expanded its partnership with Feeding America through Walmart's Fight Hunger. Spark Change. campaign. For each specially marked bag of Garden Veggie™ Snacks sold at Walmart stores during March 2025, Hain will donate 10 cents to Feeding America, guaranteeing a minimum donation of $100,000 up to $250,000.

The initiative includes five Garden Veggie™ products available nationwide at Walmart stores and Walmart.com: Sea Salt and Zesty Ranch Straws (14 oz), and Flavor Burst™ Tortilla Chips in Nacho Cheese, Zesty Ranch, and Smoky BBQ (12 oz). This expansion builds upon Hain's 2024 participation, growing from four products across 1,200 stores to five products available in nearly all Walmart locations.

Hain Celestial (NASDAQ: HAIN) reported fiscal Q2 2025 results with net sales of $411 million, down 9% year-over-year, with organic net sales declining 7%. The company reported a net loss of $104 million, including $107 million in non-cash impairment charges related to U.S. goodwill and personal care assets.

Key financial metrics include:

• Gross profit margin at 22.7%, up 20 basis points
• Adjusted EBITDA of $38 million versus $47 million prior year
• Free cash flow of $25 million, up from $15 million
• Total debt reduced to $729 million

The company is exploring strategic options for its personal care business and revised its fiscal 2025 guidance, now expecting organic net sales to decline 2-4%, with adjusted EBITDA projected to be flat year-over-year. Management cited challenges in snacks performance and supply chain issues but expects growth in the second half of the year.