Hain Celestial Stock Price, News & Analysis

Earth's Best, a subsidiary of Hain Celestial, announces full restoration of its organic infant formula supply nationwide following the 2021 industry-wide shortage. The company offers four USDA-certified organic options in the $5B powdered formula market. The brand maintains strong consumer awareness (+70%) with 83% brand loyalty among dairy formula shoppers. Earth's Best was recently named Best Organic Baby Formula of 2024 by BabyCenter.

Manufacturing facilities in Vermont and Ohio produce formulas using globally sourced ingredients, including milk from grass and grain-fed cows. Products include 30 vitamins and minerals, omega-3 DHA, and omega-6 ARA. The full product line, including dairy, sensitivity, gentle formulas, and toddler milk drinks, is now available at major retailers like Walmart, Amazon, Publix, and Kroger.

Hain Celestial (Nasdaq: HAIN) has opened its new Innovation Experience Center (IEC) at its Global Headquarters in Hoboken, N.J. The 2,200-square-foot working kitchen is designed to be a hub for product development, ingredient testing, and quality reviews. The facility features two distinct areas: one for hands-on product development and another for customer and partner sensory experiences.

The IEC will support development across Hain's snacks, baby/kids, beverages, meal prep and personal care brands. During the grand opening, the company showcased innovations from brands including Garden Veggie™ Snacks, Earth's Best®, Celestial Seasonings®, Natumi®, Spectrum®, and Avalon Organics®. The center complements Hain's existing R&D labs at its global manufacturing facilities.

The Hain Celestial Group (Nasdaq: HAIN) showcased its commitment to community service through various volunteer initiatives across North America and the United Kingdom. The company's teams engaged in multiple charitable activities, including:

- Supporting the Northwest Arkansas Children's Shelter with product donations and holiday decorations
- Conservation work at the Royal Society for the Protection of Birds' Otmoor Nature Reserve
- Preparing NICU care packages for Ronald McDonald House New York
- Supporting FareShare in the UK with 180 volunteer hours and packing 350+ food orders
- Teaching cooking classes to over 5,000 children through Cook School
- Participating in environmental conservation efforts including beach cleanups

Hain Celestial Group (Nasdaq: HAIN) has announced its participation in two upcoming investor conferences in November 2024. CFO Lee Boyce will host investor meetings at the Jefferies Miami Consumer Conference on November 19. The following day, CEO Wendy Davidson will participate in a fireside chat at 10:00 a.m. C.T. and host investor meetings at the Stephens Annual Investment Conference.

The fireside chat will be accessible via live webcast through Hain's corporate website under the 'Investors' section, with a replay available for 90 days.

Hain Celestial Group (Nasdaq: HAIN) reported its fiscal first quarter 2025 financial results, ending September 30, 2024. Net sales were $395 million, down 7% year-over-year, with organic net sales decreasing by 5%. Gross profit margin increased by 90 basis points to 20.7%. The net loss was $20 million, a rise from the $10 million loss in the prior year. Adjusted EBITDA was $22 million, slightly lower than $24 million from the previous year. Cash flow from operations was negative $11 million, and free cash flow was negative $17 million. Total debt decreased to $740 million, with a net secured leverage ratio of 3.9x.

North America saw a 6% decline in organic net sales, driven by lower snack sales due to a promotional timing shift. International sales fell by 3%, mainly in meal prep and baby & kids categories. Despite these declines, the company reaffirmed its fiscal 2025 guidance, expecting flat or better organic net sales growth, mid-single-digit adjusted EBITDA growth, and at least $60 million in free cash flow.

Celestial Seasonings, the leading herbal tea brand under Hain Celestial Group (HAIN), has launched two new Non-GMO Project verified teas. The first is Lemon Honey Drop, a caffeine-free herbal tea containing 10% daily value of vitamin C, combining honey and lemon flavors. The second is Sleepytime® Biotin Beauty Rest, featuring the classic Sleepytime® blend enhanced with biotin (vitamin B7). The new products are available nationwide at retailers including Amazon, Kroger, and Walmart, priced at $3.59 and $4.99 respectively.

Celestial Seasonings, part of Hain Celestial Group (HAIN), launches its new 'Taste Our World' marketing campaign, showcasing the brand's 50-year legacy in specialty tea production. The campaign highlights the journey from seed to sip, featuring popular varieties like Cinnamon Apple Spice, Sleepytime Extra, and Raspberry Zinger. The creative content emphasizes the brand's global ingredient sourcing, Boulder-based blending facility, and commitment to quality. With over 90 tea varieties, Celestial Seasonings maintains eco-friendly practices, using recyclable packaging and avoiding unnecessary packaging elements like strings and tags.

Hain Celestial Group (Nasdaq: HAIN), a leading global health and wellness company, has announced its plans to release fiscal first quarter 2025 financial results on Thursday, November 7, 2024, before the market opens. The company will host a conference call and webcast at 8:00 AM ET to discuss the results.

Key participants in the call will be Wendy Davidson, President and CEO, and Lee Boyce, CFO. The call will include prepared remarks followed by a Q&A session with covering analysts. While the press and public can listen to the Q&A, participation will be in listen-only mode.

Investors and analysts can access the call by dialing 800-717-1738 or 646-307-1865. The webcast and presentation will be available on the company's website at www.hain.com under the Investors section. A replay will be accessible until November 14, 2024, by dialing 844-512-2921 or 412-317-6671 with the conference ID: 1144700.

Hain Celestial Group (Nasdaq: HAIN) is launching a range of seasonal, better-for-you snacks and beverages for fall. The lineup includes:

• Garden Veggie Snacks™ Apple Straws
• Terra® Vegetable Chips Spiced Sweets & Apples
• Earth's Best® Sunny Days Snack Bars® in Apple flavor
• Greek Gods® Honey Yogurt
• Celestial Seasonings® Cinnamon Apple Spice herbal tea
• Imagine® Garden Tomato Creamy Soup
• Earth's Best Organic® Immune Support Yogurt Smoothie
• Celestial Seasonings® Sleepytime® Immune Support tea

These products are available at major retailers like Walmart, Amazon, and Target, as well as local and specialty shops.