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.
Hain Celestial (NASDAQ: HAIN) provides natural and organic food and personal care products through brands committed to health-conscious consumers. This news hub offers investors and stakeholders centralized access to official company developments and market-moving information.
Track all essential updates including quarterly earnings announcements, product innovation launches, supply chain initiatives, and leadership changes. Our curated collection ensures you stay informed about HAIN's strategic priorities in the organic food sector without needing to search multiple sources.
The repository includes press releases on brand portfolio updates, regulatory filings, partnership announcements, and operational efficiency programs. Bookmark this page for real-time updates on how HAIN continues to adapt its better-for-you product lines to evolving consumer preferences and market conditions.
Hain Celestial Group, Inc. (Nasdaq: HAIN) has announced a conference call to discuss its Third Quarter Fiscal Year 2023 financial results on May 9, 2023, at 8:00 AM ET. During this call, executive management, including CEO Wendy Davidson and CFO Chris Bellairs, will review the financial results. Interested investors can participate by dialing 877-407-9716 or 201-493-6779, and the call will be available via webcast on Hain's website. Founded in 1993, Hain Celestial is a leader in organic and natural products with a diverse range of food, beverage, and personal care brands. Their commitment to creating a healthier way of life is reflected in their various product lines.
The Hain Celestial Group reported its second quarter results for FY2023, revealing a net income of $11.0 million, down from $30.9 million a year earlier. Adjusted net income was $18.3 million, reflecting a 318-basis point decrease in margins. Despite a 5% decrease in net sales to $454.2 million, adjusted EBITDA on a constant currency basis was $52.7 million with a margin of 11.0%. North America saw a 3% increase in net sales, while international sales fell 15%. The company has reaffirmed its full-year guidance for adjusted net sales and EBITDA growth of -1% to +4%.
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