Hain Celestial Q2 FY2023 net sales $454.2M (-5% YoY), net income $11.0M (down 64%), reaffirms guidance

HAIN CELESTIAL GROUP INC

2023-Q2 EPS reported $0.20 revenue$893,559,000

Net sales decreased 5% to $454.2M; adjusted for FX/divestitures down 2%.
Net income $11.0M ($0.12 EPS) vs $30.9M ($0.33 EPS); adjusted net income $18.3M ($0.20 adjusted EPS).
Adjusted EBITDA constant currency $52.7M; margin 11.0% vs 12.4% prior year.
Reaffirmed FY2023 guidance; sees sequential improvement in International and North America.
New CEO Wendy P. Davidson emphasizes transformation and growth potential of organic brands.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

HAIN CELESTIAL GROUP INC reported second quarter ended December 31, 2022 results: revenue $454.2 million, net income $11.0 million, EPS $0.12. Guidance reaffirmed.

Period: second quarter ended December 31, 2022
Revenue: $454.2 million
Net income: $11.0 million
EPS: $0.12
Guidance: reaffirmed
Result: reported results

Exact text from the filing

uncertain, we see early indications of stabilization.” FINANCIAL HIGHLIGHTS* Summary of Second Quarter Results Compared to the Prior Year Period • Net sales decreased 5% to $454.2 million compared to the prior year period. • When adjusted for foreign exchange, acquisitions, divestitures and discontinued brands, net sales decreased 2% compared to the prior year

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Source: SEC EDGAR

accession 0000910406-23-000012

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