Business
Hain Celestial Reports Fiscal First Quarter 2026 Financial Results
HOBOKEN, N.J., Nov. 07, 2025 (GLOBE NEWSWIRE) -- The Hain Celestial Group, Inc. (Nasdaq: HAIN), a leading global health and wellness company whose purpose is
About this update from The Hain Celestial Group, Inc.
[{"type":"text","content":"HOBOKEN, N.J., Nov. 07, 2025 (GLOBE NEWSWIRE) -- The Hain Celestial Group, Inc. (Nasdaq: HAIN), a leading global health and wellness company whose purpose is to inspire healthier living through better-for-you brands, today reported financial results for its fiscal first quarter ended September 30, 2025. \"First quarter results met our expectations on the top- and bottom-line. During the quarter, organic net sales trends demonstrated sequential improvement in both our North America and International segments. Cost discipline and the decisive actions taken to streamline our cost structure drove a reduction in SG&A, and we are seeing early results from the execution against our ‘5 actions to win’, including benefits from pricing initiatives beginning to build,” said Alison Lewis, interim President and CEO. Lewis continued, “Our near-term priorities remain clear: stabilizing sales, improving profitability, optimizing cash, and deleveraging our balance sheet. We have made tangible progress in laying the operational and financial foundations necessary to position Hain for sustainable growth, and we have building blocks in place to drive improved trends in the back half of the year. In parallel, we continue to make good progress against the strategic review work with Goldman Sachs.” FINANCIAL HIGHLIGHTS* Summary of Fiscal First Quarter Results Compared to the Prior Year Period Net sales were $368 million, down 7% year-over-year. Organic net sales decreased 6% compared to the prior year period. The decrease in organic net sales was comprised of a 7-point decrease in volume/mix, partially offset by a 1-point increase in pricing. Gross profit margin was 18.5%, a 220-basis point decrease from the prior year period. Adjusted gross profit margin was 19.5%, a 120-basis point decrease from the prior year period. Net loss was $21 million compared to a net loss of $20 million in the prior year period. Adjusted net loss was $7 million, compared to an adjusted net loss of $4 million in the prior year period. Adjusted EBITDA was $20 million compared to $22 million in the prior year period.Loss per diluted share was $0.23 compared to a loss per diluted share of $0.22 in the prior year period. Adjusted loss per diluted share was $0.08 compared to adjusted loss per diluted share of $0.04 in the prior year period. Cash Flow and Balance Sheet Highlights...