earnings
confidence high
sentiment negative
materiality 0.75
Hain Celestial preliminary Q4 adjusted net sales flat; EBITDA $35M, down $33M YoY
HAIN CELESTIAL GROUP INC
2022-FY EPS reported
$0.83
revenue$1,891,793,000
- Preliminary Q4 net sales ~$457M; adjusted net sales ~$447M, flat YoY after currency headwind.
- Net income ~$3M; adjusted EBITDA ~$35M, down ~$33M YoY.
- International adjusted net sales down ~10% YoY; cited inflation, Ukraine war, plant-based softness.
- North America US adjusted net sales up ~8% YoY; $10M charges to eliminate unprofitable brands/SKUs.
- FY23 guidance: low single digit adjusted net sales growth, adjusted EBITDA growth on constant currency.