Quarterly ResultMay 11, 2026, 07:03 AM
Hain Celestial Q3 Net Sales $338M, Down 13%; Net Loss $106M
AI Summary
Hain Celestial Group reported fiscal third-quarter results, with net sales decreasing 13% to $338 million and a net loss of $106 million. Despite the sales decline, the company improved its net loss from the prior year and significantly strengthened its financial position through strong cash generation and a reduction in total debt to $549 million. The completion of the North American snacks divestiture is expected to further enhance future margins and cash flow, as the company continues its turnaround strategy.
Key Highlights
- Completed North American snacks divestiture, enhancing margin and cash flow profile.
- Total debt reduced to $549 million from $705 million at the beginning of the fiscal year.
- Net sales decreased 13% year-over-year to $338 million.
- Organic net sales decreased 6%, driven by an 11-point volume/mix decrease, partially offset by a 5-point pricing increase.
- Net loss was $106 million, an improvement from 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.
- Free cash flow was $35 million, compared to an outflow of $2 million in the prior year period.
- North America organic net sales decreased 3%, while International organic net sales decreased 8%.