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Hain Celestial Group Inc - HAIN STOCK NEWS

Welcome to our dedicated page for Hain Celestial Group news (Ticker: HAIN), a resource for investors and traders seeking the latest updates and insights on Hain Celestial Group stock.

The Hain Celestial Group Inc (NASDAQ: HAIN), headquartered in Lake Success, NY, is a prominent player in the natural and organic food and personal care products sectors across North America and Europe. The company’s extensive product portfolio spans various categories, including snacks, beverages, baby food, meal preparation, and personal care. Hain Celestial is home to renowned brands such as Celestial Seasonings®, Terra®, Garden of Eatin’®, Earth’s Best®, and Alba Botanica®. These brands have earned a reputation for promoting healthier living through better-for-you products.

Hain Celestial’s strategic operations are focused on delivering high-quality, organic, and natural products. The company’s significant presence in the U.S. market, accounting for 55% of its fiscal 2022 sales, is complemented by its robust European operations, which contribute 26% of sales. Key international brands include Ella’s Kitchen® baby food, Linda McCartney’s® plant-based meats, and Hartley’s® jams and gelatins.

In recent developments, Hain Celestial has demonstrated commitment to its “Hain Reimagined” strategy, emphasizing growth through focused brand portfolios, operational efficiency, and innovation. Notable achievements include the appointment of Amber Jefferson as Chief People Officer and the sale of its Thinsters® cookie business to streamline operations. On January 4, 2024, the company celebrated its 30th anniversary on NASDAQ, underscoring its long-standing impact in the health and wellness sector.

The company’s financial health is backed by strategic divestitures and operational enhancements aimed at reducing debt and driving growth. Hain Celestial continues to optimize its supply chain and streamline its product offerings to focus on core categories, thereby boosting its market position and profitability.

Hain Celestial's products are widely available across traditional grocery stores, natural food supermarkets, specialty health stores, mass-market retailers, club warehouses, drugstores, convenience stores, restaurants, and e-commerce platforms. This extensive distribution network ensures accessibility to consumers seeking healthier lifestyle choices.

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Hain Celestial Group (Nasdaq: HAIN) announces its fiscal third quarter 2024 results conference call and webcast scheduled for May 8, 2024. The company will discuss the financial results with key executives and analysts, including President and CEO Wendy Davidson. Investors and analysts can access the call through dial-in or webcast, with a replay available for a time. The event aims to provide insights into the company's performance and future outlook.
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Hain Celestial Group (HAIN) completes the sale of Thinsters® cookie business to J&J Snack Foods in an all-cash transaction to optimize its better-for-you portfolio and pay down debt. The divestiture aligns with the company's growth strategy under Hain Reimagined plan, focusing on driving reach and scale of core brands across key categories.
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The Hain Celestial Group, Inc. appoints Chad Marquardt as President, North America, to lead strategic transformation and drive growth in the U.S. and Canada.
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Hain Celestial Group (HAIN) to Showcase Innovative Products at Expo West 2024
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Hain Celestial Group reported financial results for the fiscal second quarter ended December 31, 2023. The company's Hain Reimagined strategy led to sequential improvement in top- and bottom-line trends. Despite a challenging macroeconomic environment, the North America Snacks launch of Garden Veggie Flavor Burst is gaining acceptance across retailers. However, there was a net loss of $13.5 million compared to net income of $11.0 million in the prior year period. Organic net sales increased by 0.2% compared to the prior year period. The company revised guidance for fiscal 2024, with a reduction in expected foreign exchange tailwind and costs associated with Hain Reimagined.
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Hain Celestial Group (Nasdaq: HAIN) is set to release its financial results for the fiscal second quarter 2024 on February 7, 2024. The company will host a webcast conference call featuring President and CEO Wendy Davidson and CFO Lee Boyce to discuss the results. The call will be available for investors and analysts to access, and a replay will be available for a limited time after the live call.
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Hain Celestial Group, Inc. (Nasdaq: HAIN) celebrates its 30th anniversary as a leader in better-for-you brands, with President & CEO Wendy Davidson and the Executive Leadership team ringing the Closing Bell at NASDAQ. The company focuses on providing healthier choices and has a global brand portfolio of nearly $2 billion, with brands like Celestial Seasonings® teas, Earth's Best® baby and kids foods, and Alba Botanica® natural sun care. Hain has launched a bold growth strategy to become a globally integrated enterprise, focusing on five core platforms and five key geographies. The company is driving growth through innovation, brand building, and digital e-commerce, with a strong focus on working capital management and operational efficiency.
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Hain Celestial Group, Inc. (Nasdaq: HAIN) announced the appointment of Amber Jefferson as its new Chief People Officer. Jefferson will lead the company's global human resources function and culture and talent strategy. She brings over 20 years of experience in consumer goods, retail, foodservice, and travel industries. Jefferson will report to Wendy Davidson, CEO, and will serve on the Executive Leadership Team.
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The Hain Celestial Group (Nasdaq: HAIN) announces that Board member Celeste A. Clark Ph.D. has been selected to the NACD 2023 NACD Directorship 100, honoring influential directors and governance leaders. This recognition highlights Clark's leadership and contributions to the company as an outstanding board member. The NACD Directorship 100 honors excellence in the boardroom through innovation, courage, and integrity, evaluating board members across key categories such as integrity, mature confidence, informed judgment, and high-performance standards. Hain Celestial Group CEO Wendy Davidson congratulates Clark on her well-deserved recognition and highlights the importance of a strong board for the company's success.
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Hain Celestial Group delivered Q1 results in line with expectations, reporting net sales of $425.0 million, a 3.3% decrease compared to the prior year period. Adjusted EBITDA was $24.1 million, a 33% decrease from the prior year period. The company reaffirmed its fiscal 2024 outlook with organic net sales expected to grow 2% to 4% versus the prior year, and adjusted EBITDA to be between $155 million and $165 million.
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FAQ

What is the current stock price of Hain Celestial Group (HAIN)?

The current stock price of Hain Celestial Group (HAIN) is $8.05 as of November 21, 2024.

What is the market cap of Hain Celestial Group (HAIN)?

The market cap of Hain Celestial Group (HAIN) is approximately 684.2M.

What does The Hain Celestial Group Inc specialize in?

The Hain Celestial Group Inc specializes in natural and organic food and personal care products, serving North America and Europe.

What are some of Hain Celestial's notable brands?

Notable brands include Celestial Seasonings®, Terra®, Garden of Eatin’®, Earth’s Best®, and Alba Botanica®.

Where can I find Hain Celestial products?

Hain Celestial products are available in grocery stores, natural food supermarkets, specialty health stores, mass retailers, club warehouses, drugstores, convenience stores, restaurants, and e-commerce sites.

What recent strategic initiatives has Hain Celestial undertaken?

Recent initiatives include the “Hain Reimagined” strategy focusing on growth, operational efficiency, and brand portfolio optimization. The company also sold its Thinsters® cookie business to streamline operations.

Who is the new Chief People Officer of Hain Celestial?

Amber Jefferson has been appointed as the new Chief People Officer, effective January 1, 2024.

What is the significance of Hain Celestial's 30th anniversary on NASDAQ?

The 30th anniversary on NASDAQ signifies Hain Celestial's long-standing impact and leadership in the health and wellness sector.

How is Hain Celestial enhancing its financial position?

The company is enhancing its financial position through strategic divestitures, operational efficiency, and focused brand portfolios, which help reduce debt and drive growth.

What is the ‘Hain Reimagined’ strategy?

The ‘Hain Reimagined’ strategy is a multi-year transformation plan focusing on growth through core brand portfolios, operational efficiency, innovation, and leveraging synergies across key markets.

Which markets contribute significantly to Hain Celestial's sales?

The U.S. market contributes 55% of fiscal 2022 sales, while European markets contribute 26%.

How does Hain Celestial support healthier living?

Hain Celestial supports healthier living by offering natural and organic products across various categories, ensuring accessibility through a wide distribution network.

Hain Celestial Group Inc

Nasdaq:HAIN

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684.24M
89.34M
0.95%
104.57%
6.92%
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