Quarterly ResultMay 11, 2026, 07:11 AM
Hain Celestial Q3 Net Sales $338M, Down 13%; Debt Reduced by $155M
AI Summary
Hain Celestial reported fiscal third-quarter 2026 financial results with net sales down 13% to $338 million and an adjusted net loss of $1 million. Despite declines in sales and adjusted EBITDA, the company demonstrated strong financial discipline by generating $38 million in cash from operations and significantly reducing total debt by $155 million. The completion of the North American snacks divestiture, which contributed to a $51 million pre-tax loss on sale, is expected to enhance future margin and cash flow profiles as the company advances its turnaround strategy.
Key Highlights
- Net sales decreased 13% year-over-year to $338 million.
- Organic net sales declined 6% year-over-year, with volume/mix down 11 points.
- Reported a net loss of $106 million, compared to a net loss of $135 million in the prior year period.
- Adjusted EBITDA was $26 million, down from $34 million in the prior year period.
- Generated $38 million in cash from operations and $35 million in free cash flow.
- Reduced total debt by $155 million in the quarter to $549 million.
- North America net sales were $171 million (organic -3%), and International net sales were $167 million (organic -8%).
- Net loss included a $51 million pre-tax loss on sale of the North American snacks business.
Price Impact
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