Exhibit 99.1

img46919367_0.jpg

 

Hain Celestial Reports Fiscal Second Quarter 2026 Financial Results

 

Net cash provided by operations in the quarter +20% year-over-year,

demonstrating strong cash delivery

 

 

HOBOKEN, N.J., February 9, 2026 — 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 second quarter ended December 31, 2025.

 

“We demonstrated meaningful strategic and operational progress in the second quarter and are advancing our turnaround strategy with urgency. We took bold steps to sharpen our portfolio and strengthen our balance sheet through the divestiture of our North American snack business, giving us greater financial flexibility alongside an improved margin and cash flow profile. Our core categories are stable, our operational execution is improving, and we demonstrated strong cash delivery in the quarter. The actions underway across simplification, pricing, innovation, and productivity provide a clear path to sequential improvement in the back half of the year. We remain confident in our path forward,” stated Alison Lewis, President and CEO.

 

FINANCIAL HIGHLIGHTS*

 

Summary of Fiscal Second Quarter Results Compared to the Prior Year Period

 

Net sales were $384 million, down 7% year-over-year.
o
Organic net sales decreased 7% compared to the prior year period.
The decrease in organic net sales was comprised of a 9-point decrease in volume/mix, partially offset by a 2-point increase in pricing.
Gross profit margin was 19.4%, a 330-basis point decrease from the prior year period.
o
Adjusted gross profit margin was 19.5%, a 340-basis point decrease from the prior year period.
Net loss was $116 million, compared to a net loss of $104 million in the prior year period.
o
Net loss included pre-tax non-cash impairment charges of $132 million ($131 million after-tax) related to goodwill and certain intangible assets.
o
Adjusted net loss was $3 million, compared to adjusted net income of $8 million in the prior year period.
Adjusted EBITDA was $24 million, compared to $38 million in the prior year period.
Loss per diluted share was $1.28, compared to a loss per diluted share of $1.15 in the prior year period.
o
Adjusted loss per diluted share was $0.03, compared to adjusted earnings per diluted share of $0.08 in the prior year period.

 

 

________________________________

 

*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.

 


 

Cash Flow and Balance Sheet Highlights

 

Net cash provided by operating activities was $37 million in the fiscal second quarter, compared to $31 million in the prior year period.
Free cash flow was $30 million in the fiscal second quarter, compared to $25 million in the prior year period.
Total debt was $705 million at the end of the fiscal second quarter, in line with $705 million at the beginning of the fiscal year.
Net debt was $637 million at the end of the fiscal second quarter, compared to $650 million at the beginning of the fiscal year.
The company ended the fiscal second quarter with a net secured leverage ratio of 4.9x as calculated under our credit agreement.

 

 

SEGMENT HIGHLIGHTS

 

The company operates under two reportable segments: North America and International.

 

Net Sales

 

Q2 FY26

Q2 FY26 YTD

 

$ Millions

 

Reported Growth Y/Y

M&A/Exit Impact1

FX Impact

Organic Growth Y/Y

$ Millions

 

Reported Growth Y/Y

M&A/Exit Impact1

FX Impact

Organic Growth Y/Y

North America

 

198

 

-14%

-3%

0%

-10%

 

402

 

-13%

-4%

0%

-9%

International

 

186

 

2%

0%

5%

-3%

 

350

 

1%

0%

5%

-3%

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

384

 

-7%

-2%

2%

-7%

 

752

 

-7%

-2%

2%

-6%

* May not add due to rounding

1 Reflects the impact within reported net sales growth of the following items that are excluded from organic net sales growth: net sales from divested brands (ParmCrisps® snacks brands), held for sale businesses (Personal Care), discontinued brands, and exited product categories.

 

North America

Fiscal second quarter organic net sales decreased by 10% year-over-year, primarily driven by snacks and baby formula, partially offset by growth in beverages.

 

Segment gross profit and adjusted gross profit were each $41 million in the fiscal second quarter, representing decreases of 28% and 29%, respectively, from the prior year period. Gross margin was 20.6%, a 420-basis point decrease from the prior year period, and adjusted gross margin was 20.8%, a 440-basis point decrease from the prior year period. The decreases in margin were primarily driven by lower volume/mix, cost inflation, and unfavorable fixed cost absorption, partially offset by productivity savings and pricing.

 

Adjusted EBITDA in the fiscal second quarter was $11 million, compared to $25 million in the prior year period, a decrease of 57%. The decrease was primarily driven by lower gross margins, as discussed above, partially offset by a reduction in SG&A. Adjusted EBITDA margin was 5.5% of net sales compared to 11.0% of net sales in the prior year period.

 

International

Fiscal second quarter organic net sales decreased by 3% year-over-year, primarily driven by lower sales in baby & kids. This demonstrates sequential improvement from the 4% decrease year-over-year in organic net sales in the fiscal first quarter of 2026.

 

 

 

 


 

Segment gross profit and adjusted gross profit in the fiscal second quarter were both $34 million, each representing an 8% decrease from the prior year period. Gross margin and adjusted gross margin were both 18.1%, each representing a 200-basis point decrease from the prior year period. The decreases in margin were primarily driven by cost inflation, unfavorable fixed cost absorption, and lower volume/mix, partially offset by productivity savings and pricing.

 

Adjusted EBITDA in the fiscal second quarter was $19 million, compared to $23 million in the prior year period, a decrease of 16%. The decrease was primarily driven by lower gross margins, as discussed above. Adjusted EBITDA margin was 10.2% compared to 12.4% in the prior year period.

 

 

CATEGORY HIGHLIGHTS

 

Net Sales

 

Q2 FY26

Q2 FY26 YTD

 

$ Millions

 

Reported Growth Y/Y

M&A/Exit Impact1

FX Impact

Organic Growth Y/Y

$ Millions

 

Reported Growth Y/Y

M&A/Exit Impact1

FX Impact

Organic Growth Y/Y

Snacks

 

72

 

-20%

0%

0%

-20%

 

152

 

-20%

-1%

0%

-19%

Baby & Kids

 

54

 

-13%

0%

2%

-14%

 

109

 

-11%

-1%

2%

-12%

Beverages

 

75

 

7%

0%

4%

3%

 

134

 

6%

0%

4%

2%

Meal Prep

 

172

 

-3%

-5%

3%

-1%

 

332

 

-2%

-4%

3%

0%

Personal Care

 

12

 

-7%

n/a

n/a

n/a

 

25

 

-20%

n/a

n/a

n/a

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

384

 

-7%

-2%

2%

-7%

 

752

 

-7%

-2%

2%

-6%

* May not add due to rounding

1 Reflects the impact within reported net sales growth of the following items that are excluded from organic net sales growth: net sales from divested brands (ParmCrisps® snacks brands), held for sale businesses (Personal Care), discontinued brands, and exited product categories.

 

Snacks

The fiscal second quarter organic net sales decline of 20% year-over-year was driven by distribution losses and velocity challenges in North America.

 

Baby & Kids

The fiscal second quarter organic net sales decline of 14% year-over-year was driven primarily by industry-wide volume softness in purees in the UK and by formula in North America, which was lapping supply recovery from last year.

Beverages

The fiscal second quarter organic net sales increase of 3% year-over-year was driven by growth in tea in North America. This demonstrates acceleration from the 2% year-over-year growth in organic net sales in the fiscal first quarter of 2026.

 

Meal Prep

The fiscal second quarter organic net sales decline of 1% year-over-year was driven primarily by spreads and drizzles in the UK, partially offset by strength in yogurt in North America.

 

 

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, February 16th, 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 snacks, baby/kids, beverages and meal preparation are marketed and sold in over 70 countries around the world. Our leading brands include Garden Veggie Snacks™, Terra® chips, Garden of Eatin'® snacks, Hartley’s® jelly, Earth's Best® Organic and Ella's Kitchen® baby and kids foods, Celestial Seasonings® teas, Joya® and Natumi® plant-based beverages, The Greek Gods® yogurt, Cully & Sully®, Yorkshire Provender®, New Covent Garden® and Imagine® 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, 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; the ability to satisfy the conditions to the closing of the contemplated disposition of our North American snacks business, which may include conditions outside of our control; our ability to successfully separate the North American snacks business and realize the benefits of the contemplated 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.

 

Adjusted operating income and its related margin: operating loss before goodwill impairment, intangibles and long-lived asset impairment, productivity and transformation costs, costs associated with acquisitions, divestitures and other transactions, plant closure related costs, net, certain litigation expenses, 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, intangibles and long-lived asset impairment, productivity and transformation costs, costs associated with acquisitions, divestitures and other transactions, plant closure related costs, net, certain litigation expenses, net, proceeds from insurance claim, (gains) losses on sales of assets, unrealized currency losses (gains) 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 (gains), proceeds from insurance claim, certain litigation expenses, net, productivity and transformation costs, plant closure related costs, net, costs associated with acquisitions, divestitures and other transactions, (gains) losses on sales of assets, goodwill impairment and intangibles and long-lived asset 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
Investor.Relations@hain.com

 

Media Contact:

Justin Godley

Justin.Godley@hain.com

 

 

 

 

 

 

 


 

THE HAIN CELESTIAL GROUP, INC. AND SUBSIDIARIES

 

Consolidated Statements of Operations

 

(unaudited and in thousands, except per share amounts)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Second Quarter

 

 

Second Quarter Year to Date

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

$

384,120

 

 

$

411,485

 

 

$

752,003

 

 

$

806,081

 

Cost of sales

 

309,681

 

 

 

318,033

 

 

 

609,486

 

 

 

631,019

 

Gross profit

 

74,439

 

 

 

93,452

 

 

 

142,517

 

 

 

175,062

 

Selling, general and administrative expenses

 

60,903

 

 

 

70,155

 

 

 

126,415

 

 

 

141,483

 

Goodwill impairment

 

119,908

 

 

 

91,267

 

 

 

119,908

 

 

 

91,267

 

Intangibles and long-lived asset impairment

 

11,917

 

 

 

17,986

 

 

 

11,917

 

 

 

18,017

 

Productivity and transformation costs

 

5,234

 

 

 

4,190

 

 

 

13,453

 

 

 

9,208

 

Amortization of acquired intangible assets

 

1,199

 

 

 

1,753

 

 

 

2,411

 

 

 

3,933

 

Proceeds from insurance claim

 

(25,900

)

 

 

-

 

 

 

(25,900

)

 

 

-

 

Operating loss

 

(98,822

)

 

 

(91,899

)

 

 

(105,687

)

 

 

(88,846

)

Interest and other financing expense, net

 

15,662

 

 

 

12,800

 

 

 

31,161

 

 

 

26,546

 

Other (income) expense, net

 

(997

)

 

 

(4,040

)

 

 

(1,653

)

 

 

1,252

 

Loss before income taxes and equity in net loss of equity-method investees

 

(113,487

)

 

 

(100,659

)

 

 

(135,195

)

 

 

(116,644

)

Provision for income taxes

 

2,386

 

 

 

2,728

 

 

 

1,130

 

 

 

6,251

 

Equity in net loss of equity-method investees

 

133

 

 

 

588

 

 

 

306

 

 

 

743

 

Net loss

$

(116,006

)

 

$

(103,975

)

 

$

(136,631

)

 

$

(123,638

)

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per common share:

 

 

 

 

 

 

 

 

 

 

 

Basic

$

(1.28

)

 

$

(1.15

)

 

$

(1.51

)

 

$

(1.37

)

Diluted

$

(1.28

)

 

$

(1.15

)

 

$

(1.51

)

 

$

(1.37

)

 

 

 

 

 

 

 

 

 

 

 

 

Shares used in the calculation of net loss per common share:

 

 

 

 

 

 

 

 

 

 

 

Basic

 

90,655

 

 

 

90,132

 

 

 

90,482

 

 

 

89,997

 

Diluted

 

90,655

 

 

 

90,132

 

 

 

90,482

 

 

 

89,997

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

THE HAIN CELESTIAL GROUP, INC. AND SUBSIDIARIES

 

Consolidated Balance Sheets

 

(unaudited and in thousands)

 

 

 

 

 

 

 

 

December 31, 2025

 

 

June 30, 2025

 

ASSETS

 

 

 

 

 

Current assets:

 

 

 

 

 

Cash and cash equivalents

$

68,017

 

 

$

54,355

 

Accounts receivable, net

 

174,064

 

 

 

154,440

 

Inventories

 

215,742

 

 

 

248,731

 

Prepaid expenses and other current assets

 

76,435

 

 

 

43,169

 

Assets held for sale

 

30,137

 

 

 

29,603

 

Total current assets

 

564,395

 

 

 

530,298

 

Property, plant and equipment, net

 

250,500

 

 

 

264,730

 

Goodwill

 

378,042

 

 

 

500,961

 

Trademarks and other intangible assets, net

 

194,293

 

 

 

210,905

 

Operating lease right-of-use assets, net

 

67,348

 

 

 

71,171

 

Other assets

 

22,832

 

 

 

25,213

 

Total assets

$

1,477,410

 

$

1,603,278

 

LIABILITIES AND STOCKHOLDERS' EQUITY

 

 

 

 

 

Current liabilities:

 

 

 

 

 

Accounts payable

$

198,475

 

 

$

188,307

 

Accrued expenses and other current liabilities

 

103,190

 

 

 

68,426

 

Current portion of long-term debt

 

704,315

 

 

 

7,653

 

Liabilities related to assets held for sale

 

10,554

 

 

 

12,987

 

Total current liabilities

 

1,016,534

 

 

 

277,373

 

Long-term debt, less current portion

 

388

 

 

 

697,168

 

Deferred income taxes

 

40,923

 

 

 

40,332

 

Operating lease liabilities, noncurrent portion

 

61,683

 

 

 

65,284

 

Other noncurrent liabilities

 

27,637

 

 

 

48,116

 

Total liabilities

 

1,147,165

 

 

 

1,128,273

 

Stockholders' equity:

 

 

 

 

 

Common stock

 

1,135

 

 

 

1,125

 

Additional paid-in capital

 

1,241,446

 

 

 

1,238,402

 

Retained (deficit) earnings

 

(89,953

)

 

 

46,678

 

Accumulated other comprehensive loss

 

(91,893

)

 

 

(81,053

)

 

 

1,060,735

 

 

 

1,205,152

 

Less: Treasury stock

 

(730,490

)

 

 

(730,147

)

Total stockholders' equity

 

330,245

 

 

475,005

 

Total liabilities and stockholders' equity

$

1,477,410

 

 

$

1,603,278

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

THE HAIN CELESTIAL GROUP, INC. AND SUBSIDIARIES

 

Consolidated Statements of Cash Flows

 

(unaudited and in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Second Quarter

 

 

Second Quarter Year to Date

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

CASH FLOWS FROM OPERATING ACTIVITIES

 

 

 

 

 

 

 

 

 

 

 

Net loss

$

(116,006

)

 

$

(103,975

)

 

$

(136,631

)

 

$

(123,638

)

Adjustments to reconcile net loss to net cash provided by operating activities:

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization

 

11,149

 

 

 

11,020

 

 

 

26,560

 

 

 

22,447

 

Deferred income taxes

 

(183

)

 

 

(445

)

 

 

(23

)

 

 

(1,116

)

Equity in net loss of equity-method investees

 

133

 

 

 

588

 

 

 

306

 

 

 

743

 

Stock-based compensation, net

 

1,051

 

 

 

3,573

 

 

 

3,054

 

 

 

6,449

 

Goodwill impairment

 

119,908

 

 

 

91,267

 

 

 

119,908

 

 

 

91,267

 

Intangibles and long-lived asset impairment

 

11,917

 

 

 

17,986

 

 

 

11,917

 

 

 

18,017

 

(Gain) loss on sale of assets

 

(1,142

)

 

 

(1,626

)

 

 

(2,028

)

 

 

2,308

 

Other non-cash items, net

 

1,100

 

 

 

(1,583

)

 

 

1,332

 

 

 

(498

)

(Decrease) increase in cash attributable to changes in operating assets and liabilities:

 

 

 

 

 

 

 

 

 

 

 

Accounts receivable

 

(3,882

)

 

 

2,467

 

 

 

(19,589

)

 

 

(1,459

)

Inventories

 

15,757

 

 

 

1,691

 

 

 

31,967

 

 

 

3,973

 

Other current assets

 

(29,023

)

 

 

(5,211

)

 

 

(33,126

)

 

 

(7,682

)

Other assets and liabilities

 

(291

)

 

 

(669

)

 

 

(3,149

)

 

 

(90

)

Accounts payable and accrued expenses

 

26,480

 

 

 

15,822

 

 

 

27,990

 

 

 

9,397

 

Net cash provided by operating activities

 

36,968

 

 

 

30,905

 

 

 

28,488

 

 

 

20,118

 

CASH FLOWS FROM INVESTING ACTIVITIES

 

 

 

 

 

 

 

 

 

 

 

Purchases of property, plant and equipment

 

(6,988

)

 

 

(6,382

)

 

 

(12,215

)

 

 

(12,139

)

Proceeds from sale of assets

 

1,769

 

 

 

1,701

 

 

 

1,782

 

 

 

13,767

 

Investments and joint ventures, net

 

-

 

 

 

2,570

 

 

 

-

 

 

 

2,570

 

Net cash (used in) provided by investing activities

 

(5,219

)

 

 

(2,111

)

 

 

(10,433

)

 

 

4,198

 

CASH FLOWS FROM FINANCING ACTIVITIES

 

 

 

 

 

 

 

 

 

 

 

Borrowings under bank revolving credit facility

 

45,000

 

 

 

50,000

 

 

 

113,000

 

 

 

109,000

 

Repayments under bank revolving credit facility

 

(55,000

)

 

 

(60,000

)

 

 

(109,500

)

 

 

(121,000

)

Repayments under term loan

 

(1,875

)

 

 

(1,875

)

 

 

(3,750

)

 

 

(3,750

)

Payments of other debt, net

 

(98

)

 

 

(21

)

 

 

(2,609

)

 

 

(42

)

Employee shares withheld for taxes

 

(273

)

 

 

(956

)

 

 

(343

)

 

 

(1,258

)

Net cash used in financing activities

 

(12,246

)

 

 

(12,852

)

 

 

(3,202

)

 

 

(17,050

)

Effect of exchange rate changes on cash

 

628

 

 

 

(16,595

)

 

 

(1,191

)

 

 

(5,373

)

Net increase (decrease) in cash and cash equivalents

 

20,131

 

 

 

(653

)

 

 

13,662

 

 

 

1,893

 

Cash and cash equivalents at beginning of period

 

47,886

 

 

 

56,853

 

 

 

54,355

 

 

 

54,307

 

Cash and cash equivalents at end of period

$

68,017

 

 

$

56,200

 

 

$

68,017

 

 

$

56,200

 

 

 

 

 


 

THE HAIN CELESTIAL GROUP, INC. AND SUBSIDIARIES

 

Net Sales, Gross Profit and Adjusted EBITDA by Segment

 

(unaudited and in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

 

International

 

 

Corporate/Other

 

 

Hain Consolidated

 

Net Sales

 

 

 

 

 

 

 

 

 

 

 

Net sales - Q2 FY26

$

197,821

 

 

$

186,299

 

 

$

-

 

 

$

384,120

 

Net sales - Q2 FY25

$

229,289

 

 

$

182,196

 

 

$

-

 

 

$

411,485

 

% change - FY26 net sales vs. FY25 net sales

 

(13.7

)%

 

 

2.3

%

 

 

 

 

 

(6.7

)%

 

 

 

 

 

 

 

 

 

 

 

 

Gross Profit

 

 

 

 

 

 

 

 

 

 

 

Q2 FY26

 

 

 

 

 

 

 

 

 

 

 

Gross profit

$

40,749

 

 

$

33,690

 

 

$

-

 

 

$

74,439

 

Non-GAAP adjustments(1)

 

419

 

 

 

-

 

 

 

-

 

 

 

419

 

Adjusted gross profit

$

41,168

 

 

$

33,690

 

 

$

-

 

 

$

74,858

 

% change - FY26 gross profit vs. FY25 gross profit

 

(28.4

)%

 

 

(7.8

)%

 

 

 

 

 

(20.3

)%

% change - FY26 adjusted gross profit vs. FY25 adjusted gross profit

 

(28.8

)%

 

 

(7.8

)%

 

 

 

 

 

(20.6

)%

Gross margin

 

20.6

%

 

 

18.1

%

 

 

 

 

 

19.4

%

Adjusted gross margin

 

20.8

%

 

 

18.1

%

 

 

 

 

 

19.5

%

 

 

 

 

 

 

 

 

 

 

 

 

Q2 FY25

 

 

 

 

 

 

 

 

 

 

 

Gross profit

$

56,926

 

 

$

36,526

 

 

$

-

 

 

$

93,452

 

Non-GAAP adjustments(1)

 

858

 

 

 

-

 

 

 

-

 

 

 

858

 

Adjusted gross profit

$

57,784

 

 

$

36,526

 

 

$

-

 

 

$

94,310

 

Gross margin

 

24.8

%

 

 

20.0

%

 

 

 

 

 

22.7

%

Adjusted gross margin

 

25.2

%

 

 

20.0

%

 

 

 

 

 

22.9

%

 

 

 

 

 

 

 

 

 

 

 

 

Adjusted EBITDA

 

 

 

 

 

 

 

 

 

 

 

Q2 FY26

 

 

 

 

 

 

 

 

 

 

 

Adjusted EBITDA

$

10,911

 

 

$

18,998

 

 

$

(5,627

)

 

$

24,282

 

% change - FY26 Adjusted EBITDA vs. FY25 Adjusted EBITDA

 

(56.9

)%

 

 

(15.7

)%

 

 

43.4

%

 

 

(35.9

)%

Adjusted EBITDA margin

 

5.5

%

 

 

10.2

%

 

 

 

 

 

6.3

%

 

 

 

 

 

 

 

 

 

 

 

 

Q2 FY25

 

 

 

 

 

 

 

 

 

 

 

Adjusted EBITDA

$

25,307

 

 

$

22,526

 

 

$

(9,940

)

 

$

37,893

 

Adjusted EBITDA margin

 

11.0

%

 

 

12.4

%

 

 

 

 

 

9.2

%

 

 

 

 

 

 

 

 

 

 

 

 

(1)See accompanying tables "Adjusted Gross Profit, Adjusted Operating Income, Adjusted Net (Loss) Income and Adjusted Net (Loss) Income per Diluted Share"

 

 

 

 

 

 

 

 

 

 

 

 

 


 

THE HAIN CELESTIAL GROUP, INC. AND SUBSIDIARIES

 

Net Sales, Gross Profit and Adjusted EBITDA by Segment

 

(unaudited and in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

 

International

 

 

Corporate/Other

 

 

Hain Consolidated

 

Net Sales

 

 

 

 

 

 

 

 

 

 

 

Net sales - Q2 FY26 YTD

$

401,741

 

 

$

350,262

 

 

$

-

 

 

$

752,003

 

Net sales - Q2 FY25 YTD

$

460,429

 

 

$

345,652

 

 

$

-

 

 

$

806,081

 

% change - FY26 net sales vs. FY25 net sales

 

(12.7

)%

 

 

1.3

%

 

 

 

 

 

(6.7

)%

 

 

 

 

 

 

 

 

 

 

 

 

Gross Profit

 

 

 

 

 

 

 

 

 

 

 

Q2 FY26 YTD

 

 

 

 

 

 

 

 

 

 

 

Gross profit

$

83,163

 

 

$

59,354

 

 

$

-

 

 

$

142,517

 

Non-GAAP adjustments(1)

 

4,208

 

 

 

-

 

 

 

-

 

 

 

4,208

 

Adjusted gross profit

$

87,371

 

 

$

59,354

 

 

$

-

 

 

$

146,725

 

% change - FY26 gross profit vs. FY25 gross profit

 

(20.2

)%

 

 

(16.2

)%

 

 

 

 

 

(18.6

)%

% change - FY26 adjusted gross profit vs. FY25 adjusted gross profit

 

(17.1

)%

 

 

(16.2

)%

 

 

 

 

 

(16.8

)%

Gross margin

 

20.7

%

 

 

16.9

%

 

 

 

 

 

19.0

%

Adjusted gross margin

 

21.7

%

 

 

16.9

%

 

 

 

 

 

19.5

%

 

 

 

 

 

 

 

 

 

 

 

 

Q2 FY25 YTD

 

 

 

 

 

 

 

 

 

 

 

Gross profit

$

104,210

 

 

$

70,852

 

 

$

-

 

 

$

175,062

 

Non-GAAP adjustments(1)

 

1,187

 

 

 

-

 

 

 

-

 

 

 

1,187

 

Adjusted gross profit

$

105,397

 

 

$

70,852

 

 

$

-

 

 

$

176,249

 

Gross margin

 

22.6

%

 

 

20.5

%

 

 

 

 

 

21.7

%

Adjusted gross margin

 

22.9

%

 

 

20.5

%

 

 

 

 

 

21.9

%

 

 

 

 

 

 

 

 

 

 

 

 

Adjusted EBITDA

 

 

 

 

 

 

 

 

 

 

 

Q2 FY26 YTD

 

 

 

 

 

 

 

 

 

 

 

Adjusted EBITDA

$

27,920

 

 

$

31,553

 

 

$

(15,459

)

 

$

44,014

 

% change - FY26 Adjusted EBITDA vs. FY25 Adjusted EBITDA

 

(26.1

)%

 

 

(26.4

)%

 

 

24.2

%

 

 

(27.0

)%

Adjusted EBITDA margin

 

6.9

%

 

 

9.0

%

 

 

 

 

 

5.9

%

 

 

 

 

 

 

 

 

 

 

 

 

Q2 FY25 YTD

 

 

 

 

 

 

 

 

 

 

 

Adjusted EBITDA

$

37,766

 

 

$

42,896

 

 

$

(20,394

)

 

$

60,268

 

Adjusted EBITDA margin

 

8.2

%

 

 

12.4

%

 

 

 

 

 

7.5

%

 

 

 

 

 

 

 

 

 

 

 

 

(1)See accompanying tables "Adjusted Gross Profit, Adjusted Operating Income, Adjusted Net (Loss) Income and Adjusted Net (Loss) Income per Diluted Share"

 

 

 

 

 

 

 

 

 

 

 

 

 


 

THE HAIN CELESTIAL GROUP, INC. AND SUBSIDIARIES

 

Adjusted Gross Profit and Adjusted Operating Income

 

(unaudited and in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation of Gross Profit, GAAP to Gross Profit, as Adjusted:

 

 

Second Quarter

 

 

Second Quarter Year to Date

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Gross profit, GAAP

$

74,439

 

 

$

93,452

 

 

$

142,517

 

 

$

175,062

 

Adjustments to Cost of sales:

 

 

 

 

 

 

 

 

 

 

 

Plant closure related costs, net

 

419

 

 

 

858

 

 

 

4,208

 

 

 

1,187

 

Gross profit, as adjusted

$

74,858

 

 

$

94,310

 

 

$

146,725

 

 

$

176,249

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation of Operating Loss, GAAP to Operating Income, as Adjusted:

 

 

Second Quarter

 

 

Second Quarter Year to Date

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Operating loss, GAAP

$

(98,822

)

 

$

(91,899

)

 

$

(105,687

)

 

$

(88,846

)

Adjustments to Cost of sales:

 

 

 

 

 

 

 

 

 

 

 

Plant closure related costs, net

 

419

 

 

 

858

 

 

 

4,208

 

 

 

1,187

 

 

 

 

 

 

 

 

 

 

 

 

 

Adjustments to Operating expenses(a):

 

 

 

 

 

 

 

 

 

 

 

Goodwill impairment

 

119,908

 

 

 

91,267

 

 

 

119,908

 

 

 

91,267

 

Intangibles and long-lived asset impairment

 

11,917

 

 

 

17,986

 

 

 

11,917

 

 

 

18,017

 

Productivity and transformation costs

 

5,234

 

 

 

4,190

 

 

 

13,453

 

 

 

9,208

 

Transaction and integration costs, net

 

1,009

 

 

 

(105

)

 

 

3,182

 

 

 

(423

)

Plant closure related costs, net

 

101

 

 

 

-

 

 

 

148

 

 

 

47

 

Certain litigation expenses, net(b)

 

(182

)

 

 

1,020

 

 

 

645

 

 

 

1,847

 

Proceeds from insurance claim(c)

 

(25,900

)

 

 

-

 

 

 

(25,900

)

 

 

-

 

Operating income, as adjusted

$

13,684

 

 

$

23,317

 

 

$

21,874

 

 

$

32,304

 

 

 

 

 

 

 

 

 

 

 

 

 

(a) Operating expenses include amortization of acquired intangibles, selling, general and administrative expenses, goodwill impairment, intangibles and long-lived asset impairment and productivity and transformation costs.

 

(b) Expenses and items relating to securities class action, baby food litigation and SEC investigation.

 

(c) Represents a receivable under the Company's representation and warranty insurance related to one of its prior acquisitions, which was collected on January 2, 2026.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

THE HAIN CELESTIAL GROUP, INC. AND SUBSIDIARIES

 

Adjusted Net (Loss) Income and Adjusted Net (Loss) Income per Diluted Share

 

(unaudited and in thousands, except per share amounts)

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation of Net Loss, GAAP to Net (Loss) Income, as Adjusted:

 

 

Second Quarter

 

 

Second Quarter Year to Date

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Net loss, GAAP

$

(116,006

)

 

$

(103,975

)

 

$

(136,631

)

 

$

(123,638

)

Adjustments to Cost of sales:

 

 

 

 

 

 

 

 

 

 

 

Plant closure related costs, net

 

419

 

 

 

858

 

 

 

4,208

 

 

 

1,187

 

 

 

 

 

 

 

 

 

 

 

 

 

Adjustments to Operating expenses(a):

 

 

 

 

 

 

 

 

 

 

 

Goodwill impairment

 

119,908

 

 

 

91,267

 

 

 

119,908

 

 

 

91,267

 

Intangibles and long-lived asset impairment

 

11,917

 

 

 

17,986

 

 

 

11,917

 

 

 

18,017

 

Productivity and transformation costs

 

5,234

 

 

 

4,190

 

 

 

13,453

 

 

 

9,208

 

Transaction and integration costs, net

 

1,009

 

 

 

(105

)

 

 

3,182

 

 

 

(423

)

Plant closure related costs, net

 

101

 

 

 

-

 

 

 

148

 

 

 

47

 

Certain litigation expenses, net(b)

 

(182

)

 

 

1,020

 

 

 

645

 

 

 

1,847

 

Proceeds from insurance claim(c)

 

(25,900

)

 

 

-

 

 

 

(25,900

)

 

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

Adjustments to Interest and other expense, net(d):

 

 

 

 

 

 

 

 

 

 

 

(Gain) loss on sale of assets

 

(1,142

)

 

 

(1,626

)

 

 

(2,028

)

 

 

2,308

 

Unrealized currency losses (gains)

 

139

 

 

 

(1,624

)

 

 

404

 

 

 

(430

)

 

 

 

 

 

 

 

 

 

 

 

 

Adjustments to Provision for income taxes:

 

 

 

 

 

 

 

 

 

 

 

Net tax impact of non-GAAP adjustments

 

1,768

 

 

 

(485

)

 

 

717

 

 

 

4,308

 

Net (loss) income, as adjusted

$

(2,735

)

 

$

7,506

 

 

$

(9,977

)

 

$

3,698

 

Net loss margin

 

(30.2

)%

 

 

(25.3

)%

 

 

(18.2

)%

 

 

(15.3

)%

Adjusted net (loss) income margin

 

(0.7

)%

 

 

1.8

%

 

 

(1.3

)%

 

 

0.5

%

 

 

 

 

 

 

 

 

 

 

 

 

Diluted shares used in the calculation of net loss per common share:

 

90,655

 

 

 

90,132

 

 

 

90,482

 

 

 

89,997

 

Diluted shares used in the calculation of adjusted net (loss) income per common share:

 

90,655

 

 

 

90,392

 

 

 

90,482

 

 

 

90,233

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted net loss per common share, GAAP

$

(1.28

)

 

$

(1.15

)

 

$

(1.51

)

 

$

(1.37

)

Diluted net (loss) income per common share, as adjusted

$

(0.03

)

 

$

0.08

 

 

$

(0.11

)

 

$

0.04

 

 

 

 

 

 

 

 

 

 

 

 

 

(a) Operating expenses include amortization of acquired intangibles, selling, general and administrative expenses, goodwill impairment, intangibles and long-lived asset impairment and productivity and transformation costs.

 

(b) Expenses and items relating to securities class action, baby food litigation and SEC investigation.

 

(c) Represents a receivable under the Company's representation and warranty insurance related to one of its prior acquisitions, which was collected on January 2, 2026.

 

(d) Interest and other expense, net includes interest and other financing expenses, net, (gain) loss on sale of assets, unrealized currency losses (gains) and other expense, net.

 

 

 

 

 


 

 

 

THE HAIN CELESTIAL GROUP, INC. AND SUBSIDIARIES

 

Organic Net Sales Growth by Segment

 

(unaudited and in thousands)

 

 

 

 

 

 

 

 

 

 

Q2 FY26

North America

 

 

International

 

 

Hain Consolidated

 

Net sales

$

197,821

 

 

$

186,299

 

 

$

384,120

 

Less: Impact of held for sale businesses, discontinued brands and exited product categories

 

12,704

 

 

 

780

 

 

 

13,484

 

Less: Impact of foreign currency exchange

 

89

 

 

 

8,947

 

 

 

9,036

 

Organic net sales

$

185,028

 

 

$

176,572

 

 

$

361,600

 

 

 

 

 

 

 

 

 

 

Q2 FY25

 

 

 

 

 

 

 

 

Net sales

$

229,289

 

 

$

182,196

 

 

$

411,485

 

Less: Impact of divestitures, held for sale businesses, discontinued brands and exited product categories

 

22,932

 

 

 

785

 

 

 

23,717

 

Organic net sales

$

206,357

 

 

$

181,411

 

 

$

387,768

 

 

 

 

 

 

 

 

 

 

Net sales (decline) growth

 

(13.7

)%

 

 

2.3

%

 

 

(6.7

)%

Less: Impact of divestitures, held for sale businesses, discontinued brands and exited product categories

 

(3.4

)%

 

 

0.1

%

 

 

(2.2

)%

Less: Impact of foreign currency exchange

 

0.0

%

 

 

4.9

%

 

 

2.2

%

Organic net sales decline

 

(10.3

)%

 

 

(2.7

)%

 

 

(6.7

)%

 

 

 

 

 

 

 

 

 

Q2 FY26 YTD

North America

 

 

International

 

 

Hain Consolidated

 

Net sales

$

401,741

 

 

$

350,262

 

 

$

752,003

 

Less: Impact of held for sale businesses, discontinued brands and exited product categories

 

31,851

 

 

 

1,692

 

 

 

33,543

 

Less: Impact of foreign currency exchange

 

(69

)

 

 

15,662

 

 

 

15,593

 

Organic net sales

$

369,959

 

 

$

332,908

 

 

$

702,867

 

 

 

 

 

 

 

 

 

 

Q2 FY25 YTD

 

 

 

 

 

 

 

 

Net sales

$

460,429

 

 

$

345,652

 

 

$

806,081

 

Less: Impact of divestitures, held for sale businesses, discontinued brands and exited product categories

 

54,699

 

 

 

2,051

 

 

 

56,750

 

Organic net sales

$

405,730

 

 

$

343,601

 

 

$

749,331

 

 

 

 

 

 

 

 

 

 

Net sales (decline) growth

 

(12.7

)%

 

 

1.3

%

 

 

(6.7

)%

Less: Impact of divestitures, held for sale businesses, discontinued brands and exited product categories

 

(3.9

)%

 

 

(0.1

)%

 

 

(2.4

)%

Less: Impact of foreign currency exchange

 

(0.0

)%

 

 

4.5

%

 

 

1.9

%

Organic net sales decline

 

(8.8

)%

 

 

(3.1

)%

 

 

(6.2

)%

 

 

 

 


 

THE HAIN CELESTIAL GROUP, INC. AND SUBSIDIARIES

 

Organic Net Sales Growth by Category

 

(unaudited and in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Q2 FY26

Snacks

 

 

Baby & Kids

 

 

Beverages

 

 

Meal Prep

 

 

Personal Care

 

 

Hain Consolidated

 

Net sales

$

71,851

 

 

$

53,590

 

 

$

74,533

 

 

$

172,264

 

 

$

11,882

 

 

$

384,120

 

Less: Impact of held for sale businesses, discontinued brands and exited product categories

 

216

 

 

 

(5

)

 

 

-

 

 

 

1,391

 

 

 

11,882

 

 

 

13,484

 

Less: Impact of foreign currency exchange

 

269

 

 

 

965

 

 

 

2,924

 

 

 

4,878

 

 

 

-

 

 

 

9,036

 

Organic net sales

$

71,366

 

 

$

52,630

 

 

$

71,609

 

 

$

165,995

 

 

$

-

 

 

$

361,600

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Q2 FY25

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

$

89,707

 

 

$

61,561

 

 

$

69,814

 

 

$

177,653

 

 

$

12,750

 

 

$

411,485

 

Less: Impact of divestitures, held for sale businesses, discontinued brands and exited product categories

 

587

 

 

 

251

 

 

 

-

 

 

 

10,129

 

 

 

12,750

 

 

 

23,717

 

Organic net sales

$

89,120

 

 

$

61,310

 

 

$

69,814

 

 

$

167,524

 

 

$

-

 

 

$

387,768

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales (decline) growth

 

(19.9

)%

 

 

(12.9

)%

 

 

6.8

%

 

 

(3.0

)%

 

 

(6.8

)%

 

 

(6.7

)%

Less: Impact of divestitures, held for sale businesses, discontinued brands and exited product categories

 

(0.3

)%

 

 

(0.3

)%

 

 

(0.0

)%

 

 

(4.8

)%

 

n/a

 

 

 

(2.2

)%

Less: Impact of foreign currency exchange

 

0.3

%

 

 

1.6

%

 

 

4.2

%

 

 

2.7

%

 

n/a

 

 

 

2.2

%

Organic net sales (decline) growth

 

(19.9

)%

 

 

(14.2

)%

 

 

2.6

%

 

 

(0.9

)%

 

n/a

 

 

 

(6.7

)%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Q2 FY26 YTD

Snacks

 

 

Baby & Kids

 

 

Beverages

 

 

Meal Prep

 

 

Personal Care

 

 

Hain Consolidated

 

Net sales

$

151,866

 

 

$

109,382

 

 

$

134,107

 

 

$

331,886

 

 

$

24,762

 

 

$

752,003

 

Less: Impact of held for sale businesses, discontinued brands and exited product categories

 

400

 

 

 

(4

)

 

 

-

 

 

 

8,385

 

 

 

24,762

 

 

 

33,543

 

Less: Impact of foreign currency exchange

 

473

 

 

 

1,875

 

 

 

4,784

 

 

 

8,461

 

 

 

-

 

 

 

15,593

 

Organic net sales

$

150,993

 

 

$

107,511

 

 

$

129,323

 

 

$

315,040

 

 

$

-

 

 

$

702,867

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Q2 FY25 YTD

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

$

189,182

 

 

$

122,329

 

 

$

126,490

 

 

$

337,045

 

 

$

31,035

 

 

$

806,081

 

Less: Impact of divestitures, held for sale businesses, discontinued brands and exited product categories

 

3,904

 

 

 

782

 

 

 

-

 

 

 

21,029

 

 

 

31,035

 

 

 

56,750

 

Organic net sales

$

185,278

 

 

$

121,547

 

 

$

126,490

 

 

$

316,016

 

 

$

-

 

 

$

749,331

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales (decline) growth

 

(19.7

)%

 

 

(10.6

)%

 

 

6.0

%

 

 

(1.5

)%

 

 

(20.2

)%

 

 

(6.7

)%

Less: Impact of divestitures, held for sale businesses, discontinued brands and exited product categories

 

(1.5

)%

 

 

(0.6

)%

 

 

(0.0

)%

 

 

(3.7

)%

 

n/a

 

 

 

(2.4

)%

Less: Impact of foreign currency exchange

 

0.3

%

 

 

1.5

%

 

 

3.8

%

 

 

2.5

%

 

n/a

 

 

 

1.9

%

Organic net sales (decline) growth

 

(18.5

)%

 

 

(11.5

)%

 

 

2.2

%

 

 

(0.3

)%

 

n/a

 

 

 

(6.2

)%

 

 

 

 


 

THE HAIN CELESTIAL GROUP, INC. AND SUBSIDIARIES

 

Adjusted EBITDA

 

(unaudited and in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Second Quarter

 

 

Second Quarter Year to Date

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

$

(116,006

)

 

$

(103,975

)

 

$

(136,631

)

 

$

(123,638

)

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization

 

11,149

 

 

 

11,020

 

 

 

26,560

 

 

 

22,447

 

Equity in net loss of equity-method investees

 

133

 

 

 

588

 

 

 

306

 

 

 

743

 

Interest expense, net

 

14,066

 

 

 

11,993

 

 

 

27,208

 

 

 

24,988

 

Provision for income taxes

 

2,386

 

 

 

2,728

 

 

 

1,130

 

 

 

6,251

 

Stock-based compensation, net

 

1,051

 

 

 

3,573

 

 

 

3,054

 

 

 

6,449

 

Unrealized currency losses (gains)

 

139

 

 

 

(1,624

)

 

 

404

 

 

 

(430

)

Proceeds from insurance claim(a)

 

(25,900

)

 

 

-

 

 

 

(25,900

)

 

 

-

 

Certain litigation expenses, net(b)

 

(182

)

 

 

1,020

 

 

 

645

 

 

 

1,847

 

Restructuring activities

 

 

 

 

 

 

 

 

 

 

 

Productivity and transformation costs

 

5,234

 

 

 

4,190

 

 

 

13,453

 

 

 

9,208

 

Plant closure related costs, net

 

520

 

 

 

858

 

 

 

806

 

 

 

1,234

 

Acquisitions, divestitures and other

 

 

 

 

 

 

 

 

 

 

 

Transaction and integration costs, net

 

1,009

 

 

 

(105

)

 

 

3,182

 

 

 

(423

)

(Gain) loss on sale of assets

 

(1,142

)

 

 

(1,626

)

 

 

(2,028

)

 

 

2,308

 

Impairment charges

 

 

 

 

 

 

 

 

 

 

 

Goodwill impairment

 

119,908

 

 

 

91,267

 

 

 

119,908

 

 

 

91,267

 

Intangibles and long-lived asset impairment

 

11,917

 

 

 

17,986

 

 

 

11,917

 

 

 

18,017

 

Adjusted EBITDA

$

24,282

 

 

$

37,893

 

 

$

44,014

 

 

$

60,268

 

 

 

 

 

 

 

 

 

 

 

 

 

(a) Represents a receivable under the Company's representation and warranty insurance related to one of its prior acquisitions, which was collected on January 2, 2026.

 

(b) Expenses and items relating to securities class action, baby food litigation and SEC investigation.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

THE HAIN CELESTIAL GROUP, INC. AND SUBSIDIARIES

 

Free Cash Flow

 

(unaudited and in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Second Quarter

 

 

Second Quarter Year to Date

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

 

 

 

 

 

Net cash provided by operating activities

$

36,968

 

 

$

30,905

 

 

$

28,488

 

 

$

20,118

 

Purchases of property, plant and equipment

 

(6,988

)

 

 

(6,382

)

 

 

(12,215

)

 

 

(12,139

)

Free cash flow

$

29,980

 

 

$

24,523

 

 

$

16,273

 

 

$

7,979

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

THE HAIN CELESTIAL GROUP, INC. AND SUBSIDIARIES

 

Net Debt

 

(unaudited and in thousands)

 

 

 

 

 

 

 

 

December 31, 2025

 

 

June 30, 2025

 

Debt

 

 

 

 

 

Current portion of long-term debt

$

704,315

 

 

$

7,653

 

Long-term debt, less current portion

 

388

 

 

 

697,168

 

Total debt

 

704,703

 

 

 

704,821

 

Less: Cash and cash equivalents

 

68,017

 

 

 

54,355

 

Net debt

$

636,686

 

 

$

650,466