HAIN CELESTIAL GROUP INC 8K

Hain Celestial reported weaker Q3 FY2026 sales and continued GAAP losses but strengthened its balance sheet through strong cash generation, significant debt reduction, and completion of the North American snacks divestiture as part of its turnaround strategy.

The Hain Celestial Group, Inc. reported fiscal third quarter 2026 results for the period ended March 31, 2026, highlighting a 13% year-over-year decline in net sales to $338 million and a GAAP net loss of $106 million driven by a $51 million loss on the completed sale of its North American snacks business and $46 million in non-cash impairment charges, while adjusted results showed an adjusted net loss of $1 million and adjusted EBITDA of $26 million. Despite softer volumes across several categories and regions, the company emphasized strengthening its balance sheet and liquidity, generating $38 million of operating cash flow and $35 million of free cash flow in the quarter, and reducing total debt by $155 million since the beginning of the fiscal year to $549 million (net debt $505 million, net secured leverage ratio 4.3x). Management framed these results as part of an ongoing turnaround strategy focused on margin enhancement, cost reduction, and portfolio reshaping following the divestiture of the North American snacks business, with particular attention to addressing stranded costs in North America and managing category-specific headwinds in baby/kids, meal prep, and international operations.

Filing Facts

CIK

910406

Ticker

-

Form

8K

Source Type

sec

Accession

0001193125-26-215679

Alert Tier

7