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.
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.
Hain Celestial (NASDAQ: HAIN) is launching its fourth distribution center in Savannah, GA, completing a multi-year expansion project that doubles its U.S. network capacity. This strategic expansion, which began in spring 2023, follows recent openings in Chicago (December 2024) and adds to existing facilities in Southern California and Central Pennsylvania.
The enhanced distribution network is expected to deliver significant improvements, including: reaching over 90% of U.S. customers within 1-2 transit days (15% increase), reducing delivery route mileage by 66% (approximately 2.6 million miles annually), and achieving multimillion-dollar savings in fuel and maintenance costs.
All facilities are operated with third-party logistics companies, allowing for scalable space and throughput to meet varying customer demands. This expansion is part of the company's Hain Reimagined strategy, focusing on operational excellence and supply chain strengthening.
Hain Celestial Group (HAIN) has announced it will release its fiscal second quarter 2025 financial results before market opening on Monday, February 10, 2025. The company will host a conference call and webcast at 8:00 AM ET to discuss the results.
The presentation will feature Wendy Davidson, President and CEO, and Lee Boyce, CFO, followed by a Q&A session with analysts. While press and public can listen to the Q&A, only analysts can participate actively.
The webcast and presentation materials will be accessible through the Investors section at www.hain.com. The conference call can be accessed at (800) 715-9871 or (646) 307-1963 with conference ID 5099081. A replay will be available until February 17, 2025.
Hain Celestial Group (Nasdaq: HAIN) is starting 2025 by promoting its better-for-you food and beverage portfolio, leveraging its 30+ years of expertise in health and wellness products. The company highlights several key product lines:
Their Garden Veggie™ Flavor Burst™ tortilla chips were the top-selling better-for-you salty snack new product in 2024, featuring five vegetables and non-GMO corn. Earth's Best® maintains its position as the #1 natural and organic toddler snack brand, while TERRA® leads as the #1 vegetable chip brand.
Celestial Seasonings® introduces new tea varieties including Lemon Honey Drop with vitamin C and Sleepytime® Biotin Beauty Rest. The company also offers Imagine® soups and broths with over 50 varieties, and The Greek Gods® yogurt products. These products are available at major retailers including Walmart, Amazon, and Target.
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.