HAIN

It has been about a month since the last earnings report for Hain Celestial (HAIN). Shares have lost about 18.6% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Hain Celestial due for a breakout? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent drivers for The Hain Celestial Group, Inc. before we dive into how investors and analysts have reacted as of late. Hain Celestial delivered third-quarter fiscal 2026 results that beat the Zacks Consensus Estimate for an adjusted loss but missed the same for revenues. The company’s performance reflected ongoing volume and mix pressure and portfolio effects from the recent North American snacks divestiture.HAIN reported an adjusted loss of 1 cent per share, surpassing the Zacks Consensus Estimate for an adjusted loss of 2 cents and declining from adjusted earnings of 7 cents reported in the prior-year quarter. Net sales were $338.4 million, lagging the consensus of $353 million and falling 13% year over year as volume/mix weakness and divestiture impacts outweighed pricing.Organic net sales decreased 6% from the prior-year period, driven by an 11-point decline in volume and mix that more than offset a 5-point benefit from pricing. The mix shift underscored continued demand pressure across key categories even as the company leaned on price actions to protect dollars.Management emphasized operational execution and indicated that profitability improved sequentially, helped by portfolio actions and ongoing productivity initiatives. Still, the quarter’s organic contraction shows that volume recovery remains a central swing factor for the near-term story. Adjusted gross profit declined to $71 million from $85.2 million in the prior-year quarter. The adjusted gross margin contracted 90 basis points year over year to 21% due to cost inflation and unfavorable volume mix, partly offset by productivity savings and pricing actions.  SG&A expenses declined 6.1% year over year to $59.1 million from $62.9 million in the year-ago quarter, mainly driven by lower employee-related expenses. However, SG&A as a percentage of net sales increased to 17.5% from 16.1% in the prior-year period. Management also noted that stranded cost impacts tied to the snacks divestiture were negligible during the third quarter.Adjusted EBITDA decreased 22% year over year to $26 million from $34 million in the prior-year quarter. The adjusted EBITDA margin contracted 90 basis points to 7.8%. North America’s net sales were $171 million and declining 23% year over year, with organic net sales down 3%. The reported decline was mainly due to weakness in baby & kids, partially offset by growth in beverages.Adjusted EBITDA in the segment was $17 million, down 1% year over year, while the adjusted EBITDA margin improved 220 basis points to 10%. The gross margin expanded 100 basis points to 23.4%, supported by pricing and productivity initiatives. Management noted that, excluding the snacks business, North America would have delivered stronger profitability, with a gross margin of 30%.International’s net sales were $167 million and falling 1% year over year. Organic net sales declined 8%, driven by softness in meal prep and baby & kids categories. The geographic split highlights that demand headwinds were not confined to one market, though currency provided a partial cushion outside the U.S.Adjusted EBITDA declined 12% to $20 million and the adjusted EBITDA margin contracted to 11.7% from 13.2% in the prior-year quarter. The gross margin decreased 270 basis points to 18.5%, impacted by inflationary pressures and lower volumes. In the Snacks category, organic net sales declined 7% year over year following the divestiture of the North American snacks business. The category primarily consists of jellies within the International segment.Organic net sales in Baby & Kids decreased 14% year over year, mainly reflecting continued industry-wide softness in purees in the U.K., as well as weakness in purees and formula in North America. However, growth in finger foods across both regions and cereal in North America partially offset the decline.Beverages remained relatively resilient, with organic net sales remaining flat year over year. Growth in tea in North America and private-label non-dairy beverages in the International business was offset by weakness in branded non-dairy beverages.For Meal Prep, organic net sales declined 5% year over year due to weakness in pantry brands in North America, including oil, soup and nut butter products, along with softness in spreads and drizzles in the U.K. Strength in yogurt in North America partly offset the decline.Management highlighted innovation as a major focus area, with product launches across Celestial Seasonings wellness teas, Earth’s Best finger foods, Greek Gods yogurt and Ella’s Kitchen products supporting brand momentum. The company also emphasized accelerated renovation initiatives in the Hartley’s and Yorkshire Provender brands within its International segment. The company ended the quarter with cash and cash equivalents of $44.3 million. Total debt stood at $549.5 million at quarter-end, down significantly from $704.8 million at the beginning of the fiscal year, while total stockholders’ equity was $215.5 million. Net debt declined to $505 million from $650 million at the beginning of fiscal 2026, reflecting strong cash generation and debt-reduction efforts.The company also highlighted that it had $196 million in available liquidity under its revolving credit facility and remained in compliance with all credit agreement covenants. Management noted that leverage stood at 4.3X during the quarter, comfortably below the covenant limit of 5.5X, while reiterating its disciplined capital allocation strategy and continued focus on debt reduction. Net cash provided by operating activities was $38.3 million in the fiscal third quarter compared with $4.6 million in the prior-year period, reflecting improved working capital management and stronger operating discipline.The free cash flow was an inflow of $34.5 million during the quarter against an outflow of $2.3 million in the prior-year period. Management highlighted that stronger free cash flow generation remains a key priority as the company continues to focus on balance-sheet improvement and deleveraging initiatives. Hain Celestial stated that its ongoing strategic review has produced a multi-stage plan focused on materially improving liquidity and reducing leverage while enhancing long-term shareholder value. Management described the sale of the North American snacks business as an important first step in this process and noted that the company continues to pursue additional initiatives, including further asset sales and operational improvement actions. The company also confirmed that it remains actively engaged with lenders as it evaluates potential strategic transactions and refinancing alternatives. Management expressed confidence in its ability to refinance, extend or repay outstanding debt before maturity, while aligning the timing of any maturity solution with execution of the broader strategic plan.Regarding fiscal 2026, Hain Celestial reiterated that it is not providing numeric guidance due to uncertainty surrounding the timing and outcome of the strategic review. However, management expects the divestiture of the North American snacks business to be both gross margin and EBITDA accretive. The streamlined North American portfolio is projected to generate a gross margin above 30% and an EBITDA margin in the low-double-digit range in fiscal 2026. The company also expects a positive free cash flow for fiscal 2026.For fiscal 2027, management emphasized that its key priorities will include stabilizing sales through execution of its “five actions to win” strategy, improving gross and EBITDA margins compared with fiscal 2026, generating stronger cash flow, and fully eliminating stranded costs associated with the snacks divestiture. The company added that the formal fiscal 2027 guidance is expected to follow the completion of the strategic review process. It turns out, estimates revision have trended downward during the past month. The consensus estimate has shifted -40% due to these changes. Currently, Hain Celestial has a strong Growth Score of A, a grade with the same score on the momentum front. Following the exact same course, the stock was allocated a grade of A on the value side, putting it in the top 20% for this investment strategy. Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise Hain Celestial has a Zacks Rank #4 (Sell). We expect a below average return from the stock in the next few months. Hain Celestial is part of the Zacks Food - Miscellaneous industry. Over the past month, Mondelez (MDLZ), a stock from the same industry, has gained 2%. The company reported its results for the quarter ended March 2026 more than a month ago. Mondelez reported revenues of $10.08 billion in the last reported quarter, representing a year-over-year change of +8.2%. EPS of $0.67 for the same period compares with $0.74 a year ago. For the current quarter, Mondelez is expected to post earnings of $0.69 per share, indicating a change of -5.5% from the year-ago quarter. The Zacks Consensus Estimate has changed +0.5% over the last 30 days. The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Mondelez. Also, the stock has a VGM Score of F. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Hain Celestial Group, Inc. (HAIN) : Free Stock Analysis Report Mondelez International, Inc. (MDLZ) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Hain Celestial’s fiscal third quarter 2026 (calendar Q1) performance was marked by resilience in its core brands despite a notable year-on-year revenue decline and a miss versus Wall Street’s top-line expectations. Management attributed the quarter’s results to a combination of ongoing portfolio streamlining, the divestiture of the North America Snacks business, and targeted innovation in categories like yogurt, tea, and baby foods. CEO Alison Lewis emphasized that, while organic net sales fell short of expectations, improved execution and sequential margin expansion in core categories signal progress in the company’s turnaround plan. Is now the time to buy HAIN? Find out in our full research report (it’s free). Revenue: $338.4 million vs analyst estimates of $348.8 million (13.3% year-on-year decline, 3% miss) Adjusted EPS: -$0.01 vs analyst estimates of -$0.01 (in line) Adjusted EBITDA: $26.25 million vs analyst estimates of $26.45 million (7.8% margin, 0.7% miss) Operating Margin: 2.6%, down from 5.3% in the same quarter last year Organic Revenue fell 6% year on year (miss) Market Capitalization: $70.21 million While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. James Salera (Stephens Inc.) asked how improved gross margins will be allocated between marketing support for innovation and debt reduction. CEO Alison Lewis replied that a balanced approach will see some savings reinvested in marketing, especially for new product launches, while maintaining a focus on debt reduction. James Salera (Stephens Inc.) followed up about competitive activity in core North America categories. Lewis responded that promotional intensity remains stable, and Hain expects continued stability and growth in yogurt, tea, and baby segments, with flexibility to adjust spending if competition increases. Anthony Vendetti (Maxim Group) inquired about Hain’s private label strategy given consumer shifts. Lewis explained that private label competition is more significant internationally, where Hain balances branded and private label offerings, while innovation in North American brands helps defend share. Anthony Vendetti (Maxim Group) also asked about plans to return the Meal Prep segment in the U.S. to growth. Lewis noted that yogurt is driving growth in this segment, while pantry brands face more challenges; stabilization efforts are underway with targeted trade and marketing investment. No additional analyst questions on the call. Over the next few quarters, we will be monitoring (1) the impact of recent innovation launches in wellness tea and high-protein yogurt on category share and sales trends, (2) progress in reducing stranded costs and realizing margin improvements from portfolio simplification, and (3) early results from the relaunch of key international brands like Hartley’s and Ella’s Kitchen. Success against these milestones will signal whether Hain Celestial can achieve sustainable sales growth and improved profitability. Hain Celestial currently trades at $0.78, up from $0.66 just before the earnings. Is the company at an inflection point that warrants a buy or sell? The answer lies in our full research report (it’s free for active Edge members). ALSO WORTH WATCHING: Top 5 Momentum Stocks. The best time to own a great stock is when the market is finally noticing it. These aren't just high-quality businesses. Something is happening with them right now. Elite fundamentals meeting near-term momentum - both boxes checked at the same time. Find out which stocks our AI platform is flagging this week. See this week's Strong Momentum stocks - FREE. Get Our Strong Momentum Stocks for Free HERE. Stocks that have made our list include now familiar names such as Nvidia (+1,326% between June 2020 and June 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today.

Download the Complete Report Here Key Takeaways: Top-line beat was driven by stronger-than-expected contribution from Arps Dairy’s milk processing operations, supporting continued revenue scale-up. BRFH’s 1Q26 revenue increased 92% y/y to $5.6 million from $2.9 million in 1Q25, exceeding management’s $5.0-$5.2 million guidance range. The upside was driven by stronger-than-anticipated contribution from Arps Dairy’s raw and processed milk business, which expanded the consolidated revenue base but carries a lower margin profile than BRFH’s core frozen beverage and food products. Profitability reflected the transitional nature of the model shift, with gross margin pressure partly offset by opex discipline and a narrower adjusted EBITDA loss. Gross margin declined to 18% in 1Q26 from 31% in 1Q25, driven by Arps Dairy’s lower-margin milk processing contribution and startup costs associated with producing in the newly acquired processing facility. Adjusted EBITDA improved to a loss of $238,000 from a loss of $506,000 y/y, but came in below prior breakeven expectations because revenue mix was more heavily weighted toward lower-margin milk processing than anticipated and production volumes through the acquired facility were lower than planned. Net loss improved to $661,000 from $761,000 y/y, indicating that revenue scale and cost discipline are beginning to narrow losses, though not yet enough to fully offset integration costs and facility ramp inefficiencies. Arps Dairy remains the central strategic initiative as it gives BRFH production control, improves customer credibility, and creates the manufacturing base needed to support a larger institutional platform. The Arps processing facility supported ~50% of BRFH’s frozen beverage and food volume in 1Q26, while the company continued to use co-manufacturers for some product during the transition. We view this as a staged internalization process rather than a completed transition, with current inefficiencies tied to equipment ramp-up, installation timing, training, and lower-than-planned production volumes through the owned facility. The strategic benefit is that owned production gives BRFH greater control over availability, timing, and execution, reducing reliance on third-party co-manufacturers while strengthening its ability to pursue larger school districts and foodservice accounts that require dependable supply at scale. The larger 44,000-square-foot Defiance facility remains on track for commissioning before year-end 2026 and should provide the step-change in throughput, flexibility, and unit economics needed for the next phase of growth. BRFH continues to procure and install equipment and personnel at the larger Ohio facility, supported by a $2.4 million government grant for specialized equipment and the $7.5 million senior convertible note financing completed in March 2026. The financing allowed BRFH to pay off the existing mortgage on the facility and own it free and clear, while management expects to evaluate mortgage and equipment financing against the unencumbered facility to support growth objectives and potentially repay a portion of the convertible note. Customer recovery and large-district momentum reinforce demand visibility in the core education channel, where supply reliability is often as important as product adoption. Education remains BRFH’s primary focus and greatest near-term opportunity, with tangible progress rebuilding customer relationships and adding new school district wins during 1Q26. The broker network and direct sales team have been communicating manufacturing progress and improved supply reliability to districts, and that message appears to be gaining traction. The 7-year award with the fifth largest school district in the U.S. remains a key validation point, demonstrating that BRFH can compete for large-scale procurement contracts where compliance, operational simplicity, and dependable fulfillment are central decision criteria. More importantly for the current quarter, bid season remains active and the company is progressing on customer reactivation as prior supply constraints ease. BRFH’s 2026 priorities remain centered on completing the manufacturing transition, rebuilding education demand, and expanding the long-term revenue base. The immediate focus is commissioning the new manufacturing facility before year-end 2026, which should improve production efficiency, capacity, and supply reliability. In parallel, the company is rebuilding and expanding its education customer base following prior supply disruptions, while beginning to evaluate adjacent opportunities in foodservice, convenience, and other channels as capacity increases. Longer term, the expanded facility could also support co-manufacturing revenue once operations are stabilized, adding a potential incremental growth stream beyond BRFH’s core branded education business. 2026 remains a transition year, with revenue growth and EBITDA conversion weighted to the back half. Management introduced 2Q26 revenue guidance of $5.2-$5.6 million, representing more than 200% growth versus the prior-year period, and expects an adjusted EBITDA loss of $0.3-$0.2 million as the company continues progressing through manufacturing transition and facility optimization. At the midpoint, 2Q26 revenue of $5.4 million would be roughly in line with 1Q26 revenue of $5.6 million, but the y/y comparison remains strong because 2Q25 was seasonally weak for the legacy Barfresh business. The company reiterated 2026 revenue guidance of $28-$32 million, representing 97%-125% growth versus 2025, and adjusted EBITDA guidance of $3.2-$3.8 million, implying profitability should improve meaningfully in 2H26 as school-year demand, production efficiency, and product mix improve. Illustrative 2027 outlook highlights significant operating leverage potential, driven by new customer opportunities. Based on illustrative figures presented in BRFH’s investor presentation (not to be interpreted as formal guidance), management outlined a potential pathway to ~$70 million in revenue by 2027 (vs. ~$28-32 million base in 2026), driven by $40 million+ incremental contribution from new customer opportunities under discussion. This potential is contingent on conversion of current discussions and incremental capital deployment to support capacity expansion. Working capital remains thesis-relevant because seasonal school demand requires inventory readiness and dependable service levels. As of March 31, 2026, BRFH had approximately $4.1 million of cash and accounts receivable and approximately $1.8 million of inventory, modestly above the ~$1.7 million level at year-end 2025. The inventory build appears constructive if it supports back-to-school readiness and customer reactivation, though cash conversion should be monitored as production transitions and demand ramps through 2H26. Our analysis suggests BRFH remains undervalued relative to its growth profile, manufacturing transition, and potential EBITDA inflection. The following analysis is illustrative in nature and does not constitute a price target or investment recommendation. We assess valuation using a combination of absolute, time-series, and relative peer-based approaches to frame potential re-rating as revenue growth, gross margin recovery, and profitability improve. BRFH currently trades at a discount to both its historical trading range and relevant peers, despite a step-change in revenue growth and a guided profitability inflection. Based on management guidance, BRFH is positioned to deliver approximately 111% revenue growth in 2026E at the midpoint of the guidance range, alongside adjusted EBITDA of approximately $3.5 million. This outlook is supported by improved supply reliability, reactivation of education accounts, facility optimization, and incremental daypart expansion, dynamics that do not appear fully reflected in the current multiple. At present, BRFH trades at 1.32x 2026E P/Sales, representing a meaningful discount to its one-year mean of 2.25x and well below its one-year peak multiple of 3.92x. We believe re-rating potential will increasingly depend on execution against measurable operational milestones, including sustained revenue growth through the school-year ramp, continued gross margin recovery from the 18% level reported in 1Q26, improved production efficiency as transition costs normalize, and achievement of positive adjusted EBITDA during 2026. Demonstrated supply reliability, successful customer re-engagement in education, commissioning of the 44,000-square-foot Defiance facility, and progress toward higher utilization of the vertically integrated manufacturing platform could support valuation convergence toward peer and historical benchmarks. Download the Complete Report Here Read Exec Edge’s Initiation on Barfresh Food Group Here Subscribe to our Weekly Newsletter to Receive All Research Contact: Executives-Edge.com [email protected]

It's been a good week for The Hain Celestial Group, Inc. (NASDAQ:HAIN) shareholders, because the company has just released its latest third-quarter results, and the shares gained 4.2% to US$0.78. Revenues were in line with expectations, at US$338m, while statutory losses ballooned to US$1.17 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Hain Celestial Group after the latest results. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. After the latest results, the consensus from Hain Celestial Group's five analysts is for revenues of US$1.17b in 2027, which would reflect a chunky 19% decline in revenue compared to the last year of performance. Per-share statutory losses are expected to explode, reaching US$0.095 per share. In the lead-up to this report, the analysts had been modelling revenues of US$1.20b and earnings per share (EPS) of US$0.027 in 2027. The analysts have made an abrupt about-face on Hain Celestial Group, administering a small dip in to revenue forecasts and slashing the earnings outlook from a profit to loss. Check out our latest analysis for Hain Celestial Group The average price target was broadly unchanged at US$1.41, perhaps implicitly signalling that the weaker earnings outlook is not expected to have a long-term impact on the valuation. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. Currently, the most bullish analyst values Hain Celestial Group at US$3.00 per share, while the most bearish prices it at US$0.50. We would probably assign less value to the analyst forecasts in this situation, because such a wide range of estimates could imply that the future of this business is difficult to value accurately. With this in mind, we wouldn't rely too heavily the consensus price target, as it is just an average and analysts clearly have some deeply divergent views on the business. One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. One more thing stood out to us about these estimates, and it's the idea that Hain Celestial Group's decline is expected to accelerate, with revenues forecast to fall at an annualised rate of 16% to the end of 2027. This tops off a historical decline of 5.7% a year over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenue grow 2.5% per year. So it's pretty clear that, while it does have declining revenues, the analysts also expect Hain Celestial Group to suffer worse than the wider industry. The biggest low-light for us was that the forecasts for Hain Celestial Group dropped from profits to a loss next year. Unfortunately, they also downgraded their revenue estimates, and our data indicates underperformance compared to the wider industry. Even so, earnings per share are more important to the intrinsic value of the business. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates. With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for Hain Celestial Group going out to 2028, and you can see them free on our platform here.. And what about risks? Every company has them, and we've spotted 3 warning signs for Hain Celestial Group you should know about. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Generated $38 million in cash from operations and reduced total debt by $155 million in 3Q HOBOKEN, N.J., May 11, 2026 (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 third quarter ended March 31, 2026. “Third quarter results reflect improving execution and financial discipline as we continued to strengthen our foundation and advance our turnaround strategy. Strong cash generation and debt reduction materially improved our financial position, while the completion of the North American snacks divestiture further enhances our margin and cash flow profile going forward. In North America, our core business remains resilient, and we are making progress in addressing stranded costs. Our near-term priorities remain the same: optimize cash, strengthen the balance sheet, improve profitability, and stabilize sales, while our five actions to win position Hain for sustainable, profitable growth,” stated Alison Lewis, President and CEO. FINANCIAL HIGHLIGHTS* Summary of Fiscal Third Quarter Results Compared to the Prior Year Period Net sales were $338 million, down 13% year-over-year. Organic net sales decreased 6% compared to the prior year period. The decrease in organic net sales was comprised of an 11-point decrease in volume/mix, partially offset by a 5-point increase in pricing. Gross profit margin was 20.8%, a 90-basis point decrease from the prior year period. Adjusted gross profit margin was 21.0%, a 90-basis point decrease from the prior year period. Net loss was $106 million, compared to a net loss of $135 million in the prior year period. Net loss included a pre-tax loss on sale of $51 million related to the sale of our North American snacks business. Net loss included pre-tax non-cash impairment charges of $46 million ($45 million after-tax) related to goodwill and certain intangible assets, as well as assets held for sale. Adjusted net loss was $1 million, compared to adjusted net income of $6 million in the prior year period. Adjusted EBITDA was $26 million, compared to $34 million in the prior year period. Loss per diluted share was $1.17, compared to a loss per diluted share of $1.49 in the prior year period. Adjusted loss per diluted share was $0.01, compared to adjusted earnings per diluted share of $0.07 in the prior year period. Cash Flow and Balance Sheet Highlights Net cash provided by operating activities was $38 million in the fiscal third quarter, compared to $5 million in the prior year period. Free cash flow was $35 million in the fiscal third quarter, compared to an outflow of $2 million in the prior year period. Total debt was $549 million at the end of the fiscal third quarter, down from $705 million at the beginning of the fiscal year. Net debt was $505 million at the end of the fiscal third quarter, compared to $650 million at the beginning of the fiscal year. The company ended the fiscal third quarter with a net secured leverage ratio of 4.3x as calculated under our credit agreement. ____________________ *This press release includes certain non-GAAP financial measures, which are intended to supplement, not substitute for, comparable GAAP financial measures. Reconciliations of non-GAAP financial measures to GAAP financial measures and other non-GAAP financial calculations are provided in the tables included in this press release. SEGMENT HIGHLIGHTS The company operates under two reportable segments: North America and International. North America Fiscal third quarter organic net sales decreased by 3% year-over-year, primarily driven by baby & kids, partially offset by growth in beverages. Segment gross profit and adjusted gross profit were each $40 million in the fiscal third quarter, representing decreases of 20% and 19%, respectively, from the prior year period. Gross margin was 23.1% and adjusted gross margin was 23.4%, each a 100-basis point increase from the prior year period. The increases in margin were primarily driven by productivity savings and pricing, partially offset by lower volume/mix and cost inflation. Adjusted EBITDA in the fiscal third quarter was $17 million, a decrease of 1% compared to the prior year period. The decrease was driven primarily by lower volume/mix and cost inflation, nearly offset by SG&A reduction, pricing, and productivity savings. Adjusted EBITDA margin was 10.0% of net sales, a 220-basis point increase compared to the prior year period. International Fiscal third quarter organic net sales decreased by 8% year-over-year, primarily driven by lower sales in meal prep and baby & kids. Segment gross profit and adjusted gross profit in the fiscal third quarter were both $31 million, each representing a 13% decrease from the prior year period. Gross margin and adjusted gross margin were both 18.5%, each representing a 270-basis point decrease from the prior year period. The decreases in margin were primarily driven by cost inflation, partially offset by productivity savings and pricing. Adjusted EBITDA in the fiscal third quarter was $20 million, compared to $22 million in the prior year period, a decrease of 12%. The decrease was primarily driven by cost inflation and lower volume/mix, partially offset by productivity savings and pricing. Adjusted EBITDA margin was 11.7% compared to 13.2% in the prior year period. CATEGORY HIGHLIGHTS Baby & Kids The fiscal third quarter organic net sales decline of 14% year-over-year was driven primarily by continued industry-wide volume softness in purees in the UK and by purees and formula in North America, partially offset by growth in finger foods in both regions and cereal in North America. Beverages Fiscal third quarter organic net sales growth was flat year-over-year as growth in tea in North America and private label non-dairy beverage in International was offset by a decline in branded non-dairy beverage. Meal Prep The fiscal third quarter organic net sales decline of 5% year-over-year was driven primarily by pantry in North America, which is comprised of oil, soup, and nut butter brands, and by spreads and drizzles in the UK, partially offset by strength in yogurt in North America. Snacks Following the disposition of the North American snacks business, the snacks category is comprised of jellies in the International segment. Organic net sales declined 7% year-over-year in the fiscal third quarter. Conference Call and Webcast Information Hain Celestial will host a conference call and webcast today at 8:00 AM ET to discuss its results and business outlook. The live webcast and accompanying presentation are available under the Investors section of the company’s corporate website at www.hain.com. Investors and analysts can access the live call by dialing 800-715-9871 or 646-307-1963. The conference ID is 5099081. Participation by the press and public in the Q&A session will be in listen-only mode. A replay of the call will be available shortly after the conclusion of the live call through Monday, May 18th, 2026, and can be accessed by dialing 800-770-2030 or 609-800-9909 and referencing the conference access ID: 5099081. About The Hain Celestial Group, Inc. Hain Celestial is a leading health and wellness company whose purpose is to inspire healthier living for people, communities and the planet through better-for-you brands. For more than 30 years, Hain Celestial has intentionally focused on delivering nutrition and well-being that positively impacts today and tomorrow. Headquartered in Hoboken, N.J., Hain Celestial's products across beverages, yogurt, baby/kids and meal preparation are marketed and sold in over 70 countries around the world. Our leading brands include 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, as well as Cully & Sully®, Yorkshire Provender®, New Covent Garden® soups, among others. For more information, visit www.hain.com and LinkedIn. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks, uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, our results may differ materially from those expressed or implied by such forward-looking statements. The words “believe,” “expect,” “anticipate,” “may,” “should,” “plan,” “intend,” “potential,” “will” and similar expressions are intended to identify such forward-looking statements. Forward-looking statements include, among other things, our beliefs or expectations relating to our strategy, our future results of operations, our capital and cost structure, our ability to optimize cash, strengthen our balance sheet, improve flexibility, stabilize sales and achieve sustainable and profitable growth, and the macroeconomic environment. Risks and uncertainties that may cause actual results to differ materially from forward-looking statements include: challenges and uncertainty resulting from the impact of competition; changes to consumer preferences; our ability to execute our business strategy; our ability realize the benefits of the North American snacks disposition; compliance with our credit agreement and our ability to refinance, retire and/or extend the maturity of the Company’s existing debt; our ability to manage our supply chain effectively; input cost inflation, including as a result of tariffs; reliance on independent contract manufacturers; disruption of operations at our manufacturing facilities; customer concentration; reliance on independent distributors; risks associated with operating internationally; risks associated with outsourcing arrangements; risks associated with geopolitical conflicts or events; our reliance on independent certification for a number of our products; our ability to attract and retain highly skilled people; risks related to tax matters; foreign currency exchange risk; general economic conditions; impairments in the carrying value of goodwill or other intangible assets; the reputation of our company and our brands; our ability to use and protect trademarks; cybersecurity incidents; disruptions to information technology systems; pending and future litigation, including litigation relating to Earth’s Best® baby food products; potential liability if our products cause illness or physical harm; the highly regulated environment in which we operate; our ability to manage our financial reporting and internal control systems and processes; compliance with data privacy laws; the adequacy of our insurance coverage; climate impacts; liabilities, claims or regulatory change with respect to environmental matters; and other risks and matters described in our most recent Annual Report on Form 10-K and our other filings from time to time with the U.S. Securities and Exchange Commission. We undertake no obligation to update forward-looking statements to reflect actual results or changes in assumptions or circumstances, except as required by applicable law. Non-GAAP Financial Measures This press release and the accompanying tables include non-GAAP financial measures, including, among others, organic net sales; adjusted gross profit and its related margin; adjusted operating income and its related margin; adjusted net (loss) income and its related margin; diluted net (loss) income per common share, as adjusted; adjusted EBITDA and its related margin; free cash flow; and net debt. The reconciliations of historic non-GAAP financial measures to the comparable GAAP financial measures are provided in the tables below. These non-GAAP financial measures should not be considered in isolation or as a substitute for the comparable GAAP measures. In addition, these non-GAAP measures may not be the same as similar measures provided by other companies due to potential differences in methods of calculation and items being excluded. They should be read only in connection with the company’s consolidated financial statements presented in accordance with GAAP. We define our non-GAAP financial measures as follows: Organic net sales: net sales excluding the impact of acquisitions, divestitures, held for sale businesses, discontinued brands, exited product categories and foreign exchange. To adjust organic net sales for the impact of acquisitions, the net sales of an acquired business are excluded from fiscal quarters constituting or falling within the current period and prior period where the applicable fiscal quarter in the prior period did not include the acquired business for the entire quarter. To adjust organic net sales for the impact of divestitures, held for sale businesses, discontinued brands and exited product categories, the net sales of a divested business, held for sale business, discontinued brand or exited product category are excluded from all periods. To adjust organic net sales for the impact of foreign exchange, current period net sales for entities reporting in currencies other than the U.S. dollar are translated into U.S. dollars at the average monthly exchange rates in effect during the corresponding period of the prior fiscal year, rather than at the actual average monthly exchange rate in effect during the current period of the current fiscal year. Adjusted gross profit and its related margin: gross profit, before plant closure related costs, net and warehouse and manufacturing consolidation and other costs, net. Adjusted operating income and its related margin: operating loss before goodwill impairment, long-lived asset and intangibles impairment, productivity and transformation costs, certain litigation expenses, net, costs associated with acquisitions, divestitures and other transactions, plant closure related costs, net, warehouse and manufacturing consolidation and other costs, net, and proceeds from insurance claim. Adjusted net (loss) income and its related margin and diluted net (loss) income per common share, as adjusted: net loss, adjusted to exclude the impact of goodwill impairment, long-lived asset and intangibles impairment, productivity and transformation costs, certain litigation expenses, net, costs associated with acquisitions, divestitures and other transactions, plant closure related costs, net, warehouse and manufacturing consolidation and other costs, net, proceeds from insurance claim, losses (gains) losses on sales of assets, unrealized currency losses and the related tax effects of such adjustments. Adjusted EBITDA and its related margin: net loss before depreciation and amortization, equity in net loss of equity-method investees, net interest expense, income taxes, stock-based compensation, net, unrealized currency losses, certain litigation expenses, net, proceeds from insurance claim, productivity and transformation costs, plant closure related costs, net, warehouse and manufacturing consolidation and other costs, net, losses (gains) on sales of assets, costs associated with acquisitions, divestitures and other transactions, goodwill impairment and long-lived asset and intangibles impairment. Free cash flow: net cash provided by operating activities less purchases of property, plant and equipment. Net debt: total debt less cash and cash equivalents. We believe that the non-GAAP financial measures presented provide useful additional information to investors about current trends in the company’s operations and are useful for period-over-period comparisons of operations. We provide: Organic net sales to demonstrate the growth rate of net sales excluding the impact of acquisitions, divestitures, held for sale businesses, discontinued brands, and exited product categories and foreign exchange, and believe organic net sales is useful to investors because it enables them to better understand the growth of our business from period to period. Adjusted results as important supplemental measures of our performance and believe they are frequently used by securities analysts, investors and other interested parties in the evaluation of our Company and companies in our industry. Free cash flow as one factor in evaluating the amount of cash available for discretionary investments. Net debt as a useful measure to monitor leverage and evaluate the balance sheet. We discuss the Company’s net secured leverage ratio as calculated under our credit agreement as a measure of our financial condition, liquidity and compliance with our credit agreement. For a description of the material terms of our credit agreement and risks of non-compliance with our credit agreement, see “Liquidity and Capital Resources” under “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” in our most recent Annual Report on Form 10-K and our subsequent quarterly reports on Form 10-Q filed with the U.S. Securities and Exchange Commission. Investor Relations Contact: Alexis Tessier [email protected] Media Contact: Justin Godley [email protected]

Interested in The Hain Celestial Group, Inc.? Here are five stocks we like better. Hain Celestial’s Q3 showed improved execution and cash generation, with free cash flow rising to $35 million and net debt falling by $145 million year to date. Management said the snacks divestiture helped simplify the portfolio and strengthen the balance sheet. Sales remained under pressure, as organic net sales declined 6% overall, led by an 8% drop in international and a 3% decline in North America. Profitability also fell year over year, with adjusted EBITDA down to $26 million from $34 million. Management is focused on refinancing upcoming debt and continuing the turnaround, but it withheld fiscal 2026 operating guidance due to strategic review uncertainty. The company expects positive free cash flow for the full year and aims to improve margins, sales stability and leverage over time. The Hain Celestial Group (NASDAQ:HAIN) reported fiscal third-quarter results that management said reflected improved execution, stronger cash generation and progress on its turnaround plan, even as organic sales declined and international markets remained pressured. President and Chief Executive Officer Alison Lewis said the company remains focused on “optimizing cash, strengthening the balance sheet, improving profitability, and stabilizing sales” as it works toward sustainable growth. Hain completed the divestiture of its North America Snacks business during the quarter, a transaction management said contributed meaningfully to debt reduction and a more focused North American portfolio. → Beyond NVIDIA: Picks-and-Shovels AI Plays with Strong Momentum Chief Financial Officer Lee Boyce said organic net sales declined 6% year over year in the third quarter, driven primarily by the international segment. The decline reflected an 11-point decrease in volume mix, partially offset by a 5-point increase in price. Hain reported adjusted gross margin of 21% in the quarter, down about 90 basis points from a year earlier but up approximately 150 basis points sequentially. Boyce attributed the year-over-year decline mainly to inflation and lower volume mix, partially offset by productivity savings and pricing. The sequential improvement reflected the snacks divestiture and actions such as SKU simplification, more effective trade management, targeted pricing and productivity initiatives. → 3 Ways to Target the Resources Powering AI and Data Centers Adjusted EBITDA was $26 million, compared with $34 million in the prior-year period. Adjusted EBITDA margin was 7.8%, up from 6.3% in the fiscal second quarter. Hain posted an adjusted net loss of $1 million, or $0.01 per diluted share, compared with adjusted net income of $6 million, or $0.07 per diluted share, a year earlier. SG&A declined 6% year over year to $59 million, primarily due to lower employee-related expenses. Boyce said stranded costs related to the snacks divestiture were “negligible” in the quarter after mitigation actions and transition services agreement proceeds. → Quantum Earnings Season Is Ramping Up—What to Watch From 2 Major Players In North America, organic net sales declined 3% year over year. Lewis said the core business was stable, with growth across yogurt, tea, baby and kids finger foods, and cereal. Boyce said that excluding pantry brands, which include oil, nut butter and soup brands, North America organic net sales would have grown 3%. North America adjusted gross margin was 23.4%, up 100 basis points from the prior-year period. Excluding the divested snacks business, gross margin would have been 30% in the quarter. Adjusted EBITDA in North America was $17 million, or 10% of net sales. Excluding snacks, adjusted EBITDA margin would have been 16.4%. Lewis highlighted several innovation areas in North America. In tea, she said wellness tea sales rose in the high single digits and gained share, supported by distribution increases and demand for functional benefits. Celestial Seasonings is expanding into gut health and throat support, following launches in detox, energy and women’s wellness. In baby and kids, Earth’s Best remains the No. 2 brand in finger foods, according to Lewis. She pointed to continued momentum behind crunchy sticks teething snacks and an upcoming launch of Earth’s Best Big Kids Finger Food, designed to extend the brand into new eating occasions. In yogurt, Lewis said Greek Gods continued to show strong momentum, with high-teen dollar sales growth and share gains. The brand is scaling a single-serve format and launched a high-protein product in April at select grocery retailers, offering 20 grams of protein per serving. Hain’s international business posted an 8% organic net sales decline in the quarter, driven by lower sales in meal prep and baby and kids. International adjusted gross margin fell 270 basis points to 18.5%, while adjusted EBITDA declined 12% to $20 million, or 11.7% of net sales. Lewis said international categories have been affected by volume weakness tied to geopolitical uncertainty, inflation and rising fuel prices, which have weighed on consumer confidence in the U.K. and Europe. She cited continued industry-wide softness in wet baby food, challenges in spreads and drizzles, and a decline in branded soup due to a tough year-ago comparison and private-label competition. Management said the decline in U.K. baby food purees has stabilized and is expected to improve as Hain laps the beginning of the slowdown, which followed a BBC documentary on nutritional content in baby food. Lewis said Ella’s Kitchen remains the No. 1 baby and kids food brand in the U.K. and Ireland, and the company plans finger foods and frozen meals innovation aligned with Office for Health Improvement and Disparities guidelines. Hain is also preparing a relaunch of Hartley’s in June, including reformulated products, improved fruit content and flavor, a first-ever 100% fruit spread and new flavor combinations. In soup, Lewis said Hain holds the top three U.K. brands: New Covent Garden, Yorkshire Provender and Cully & Sully. Cully & Sully again grew value by double digits and gained share, while private-label soup grew organic net sales by high single digits. Free cash flow was $35 million in the quarter, compared with an outflow of $2 million in the year-ago period. Boyce said the improvement was primarily driven by inventory performance, better accounts receivable collections and insurance proceeds. Inventory days improved to 73, the company’s lowest level in two years, compared with 75 in the second quarter and 79 a year earlier. Boyce said each day of inventory is worth about $3.5 million. Capital expenditures were $4 million, down from $7 million a year earlier, and the company expects fiscal 2026 capital expenditures of about $20 million. Hain ended the quarter with $44 million in cash and net debt of $505 million, a reduction of $145 million since the start of the fiscal year. The company also had $196 million of available liquidity under its revolver and leverage of 4.3 times, below its covenant of 5.5 times. Boyce said Hain is proactively addressing its December debt maturity and remains confident it can “refinance, extend, or repay” the debt before maturity. He said the strategic review has produced a multi-stage plan focused on improving liquidity and leverage, including further asset sales and operational improvements. Hain is not providing numeric guidance for fiscal 2026 operating results, citing uncertainty around the outcome and timing of its strategic review. However, Boyce said the company continues to expect positive free cash flow for the full year. For fiscal 2027, Boyce said priorities include stabilizing sales through Hain’s “five actions to win,” improving gross and EBITDA margins versus fiscal 2026, generating cash and eliminating stranded costs. He said guidance for fiscal 2027 is expected after the strategic review is complete. During the question-and-answer session, Lewis said the company plans to support innovation with marketing, including a greater emphasis on digital and social channels. She said North American promotional activity has remained relatively stable, while international markets continue to see major brands leaning heavily on promotions and some increase in media investment. Lewis closed the call by saying the quarter represented “strong cash generation” and “total debt reduction,” while acknowledging that revenue was below expectations. She said Hain is seeing growth in many core categories and is focused on addressing isolated challenges as it moves into the fourth quarter and beyond. The Hain Celestial Group, Inc (NASDAQ: HAIN) is a leading global producer and marketer of natural and organic branded products. The company operates through two principal segments—Grocery and Personal Care—offering a diversified portfolio that spans shelf-stable foods, snacks, beverages, condiments and natural personal care items. Its product lineup addresses growing consumer demand for clean-label, plant-based and ethically sourced offerings in everyday categories. Within its Grocery segment, Hain Celestial markets well-known brands such as Celestial Seasonings teas, Earth's Best organic baby foods, Rudi's organic bakery items, Terra vegetable chips and Sensible Portions snacks. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "The Hain Celestial Group Q3 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for May 2026.

Natural food company Hain Celestial (NASDAQ:HAIN) missed Wall Street’s revenue expectations in Q1 CY2026, with sales falling 13.3% year on year to $338.4 million. Its non-GAAP loss of $0.01 per share was in line with analysts’ consensus estimates. Is now the time to buy Hain Celestial? Find out in our full research report. Making "good progress against the strategic review work with Goldman Sachs" Revenue: $338.4 million vs analyst estimates of $348.8 million (13.3% year-on-year decline, 3% miss) Adjusted EPS: -$0.01 vs analyst estimates of -$0.01 (in line) Adjusted EBITDA: $26.25 million vs analyst estimates of $26.45 million (7.8% margin, 0.7% miss) Operating Margin: -12.5%, down from 5.6% in the same quarter last year Free Cash Flow was $34.55 million, up from -$2.28 million in the same quarter last year Organic Revenue fell 6% year on year (miss) Market Capitalization: $60.06 million “Third quarter results reflect improving execution and financial discipline as we continued to strengthen our foundation and advance our turnaround strategy. Strong cash generation and debt reduction materially improved our financial position, while the completion of the North American snacks divestiture further enhances our margin and cash flow profile going forward. In North America, our core business remains resilient, and we are making progress in addressing stranded costs. Our near-term priorities remain the same: optimize cash, strengthen the balance sheet, improve profitability, and stabilize sales, while our five actions to win position Hain for sustainable, profitable growth,” stated Alison Lewis, President and CEO. Sold in over 75 countries around the world, Hain Celestial (NASDAQ:HAIN) is a natural and organic food company whose products range from snacks to teas to baby food. A company’s long-term performance is an indicator of its overall quality. Any business can put up a good quarter or two, but many enduring ones grow for years. With $1.45 billion in revenue over the past 12 months, Hain Celestial is a small consumer staples company, which sometimes brings disadvantages compared to larger competitors benefiting from economies of scale and negotiating leverage with retailers. As you can see below, Hain Celestial’s revenue declined by 7% per year over the last three years, a rough starting point for our analysis. This quarter, Hain Celestial missed Wall Street’s estimates and reported a rather uninspiring 13.3% year-on-year revenue decline, generating $338.4 million of revenue. Looking ahead, sell-side analysts expect revenue to decline by 17.5% over the next 12 months, a deceleration versus the last three years. This projection doesn't excite us and suggests its products will face some demand challenges. ONE MORE THING: The $21 AI Application Stock Wall Street Forgot. While Wall Street obsesses over who’s building AI, one company is already using it to print money. And nobody’s paying attention. AI chip stocks trade at ridiculous valuations. This company processes a trillion consumer signals monthly using AI and trades at a third of the price. The gap won’t last. The institutions will figure it out. You need to see this first. Read the FREE Report Before They Notice. When analyzing revenue growth, we care most about organic revenue growth. This metric captures a business’s performance excluding one-time events such as mergers, acquisitions, and divestitures as well as foreign currency fluctuations. Hain Celestial’s demand has been falling over the last eight quarters, and on average, its organic sales have declined by 6.4% year on year. In the latest quarter, Hain Celestial’s organic sales fell by 6% year on year. This performance was more or less in line with its historical levels. We struggled to find many positives in these results. Its organic revenue missed and its adjusted operating income fell short of Wall Street’s estimates. Overall, this was a weaker quarter. Still, the stock traded up 7.8% to $0.71 immediately following the results as the company adds that they are making "good progress against the strategic review work with Goldman Sachs". Is Hain Celestial an attractive investment opportunity right now? The latest quarter does matter, but not nearly as much as longer-term fundamentals and valuation, when deciding if the stock is a buy. We cover that in our actionable full research report which you can read here, it’s free.