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.
Hain Celestial (Nasdaq: HAIN), a top organic and natural products company, has announced its participation in key June 2022 conferences. On June 8, Hain will host a fireside chat at the Evercore ISI Consumer & Retail Virtual Conference at 12:30 PM ET. Additionally, the company will present at the Jefferies Consumer Conference from June 20-22, with a webcast available starting June 20 at 8:00 AM ET. Interested parties can access the webcasts via Hain's website under Investor Relations. Hain Celestial promotes a healthier lifestyle through various renowned brands.
The Hain Celestial Group, a prominent organic and natural products company, will host a fireside chat at Cowen's 6th Annual Future of the Consumer Conference on May 24, 2022, at 3:50 PM ET. The event aims to discuss the company's ongoing commitment to delivering A Healthier Way of Life® through its diverse portfolio of food, beverage, and personal care brands. Investors and interested parties can access the live webcast on the company's website under the Investor Relations section.
The Hain Celestial Group reported a 2.1% increase in total net sales to $502.9 million for Q3 fiscal 2022. North America saw a significant 13.3% rise in net sales. EPS was $0.27, and adjusted EPS was $0.33, showing declines from the prior year's $0.34 and $0.44, respectively. The gross profit margin fell by 340 basis points to 23.0%, impacted by inflation and supply chain challenges. Looking forward, the company anticipates modest adjusted net sales growth and a decline in adjusted EBITDA for the year, alongside ongoing cost management strategies.
The Hain Celestial Group, Inc. (Nasdaq: HAIN) will host a conference call on May 5, 2022, at 8:30 AM ET to discuss its fiscal Q3 2022 financial results. Interested investors can join by calling 877-407-9716 from the U.S. or 201-493-6779 internationally. The event will feature insights from Hain's management team and will be accessible via webcast on their website. Hain Celestial is a major player in the organic and natural products sector, operating across North America, Europe, Asia, and the Middle East.
The Hain Celestial Group (Nasdaq: HAIN) will host a fireside chat at Maxim Group’s 2022 Virtual Growth Conference on March 28, 2022, at 10:00 AM ET. Investors can access the webcast via Maxim Group’s M-Vest website. Hain Celestial is a leading organic and natural products company operating globally with well-known brands like Celestial Seasonings, Earth’s Best, and JASON. The company is dedicated to providing consumers with A Healthier Way of Life™.
Hain Celestial Group announces the enhancement of ELI Codes for over 300 products as part of its partnership with Cornerstone for Natural’s Smart Shelf Tag™ solution. This initiative aims to provide engaging digital content at the point of purchase, improving shopper education and retail sales. Hain emphasizes its dedication to product transparency and consumer education, leveraging its influence to encourage broader adoption of Smart Shelf Tags within the retail sector.
Hain Celestial reported mixed financial results for Q2 2022, with net sales of $476.9 million, a 10% decline year-over-year. Adjusted net sales grew modestly, reflecting strong U.S. consumption despite supply chain challenges. The company achieved GAAP EPS of $0.33, up from $0.02 a year earlier, and reaffirmed full-year adjusted net sales growth guidance. Adjusted EBITDA stood at $59.3 million, slightly down from $62.2 million in Q2 2021. Hain announced an additional $200 million share repurchase program following a successful $300 million buyback, underscoring commitment to shareholder return.
Hain Celestial Group (Nasdaq: HAIN) has appointed Chris Bellairs as the new Chief Financial Officer, effective February 4, 2022. Bellairs, previously CFO at Stone Brewing, succeeds Javier Idrovo, who will assist in the transition. Hain Celestial also provided a preliminary update for Q2 FY 2022, forecasting adjusted net sales to decline 1% to 3% and adjusted EBITDA to decrease 4% to 6% year-over-year, influenced by inflation and supply chain challenges. The full financial results are expected to be released on February 3, 2022.
The Hain Celestial Group, Inc. (Nasdaq: HAIN) will hold a conference call on February 3, 2022, at 8:30 AM ET to discuss its Second Quarter Fiscal Year 2022 financial results. Interested investors can join by dialing 877-407-9716 in the U.S. or 201-493-6779 internationally. The management team will provide insights, and the call will be accessible via a webcast on Hain's official website, under Investor Relations. Hain Celestial, headquartered in Lake Success, NY, is a prominent player in the organic and natural products sector.
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