Hain Celestial Q1 net loss $10.4M; adjusted EBITDA $24.1M, reaffirms FY24 outlook

HAIN CELESTIAL GROUP INC

2024-Q1 EPS reported -$0.12 revenue$425,029,000

Net sales $425.0M, down 3.3% YoY; organic net sales down 2.9%.
Net loss of $10.4M vs net income $6.9M; diluted loss per share $0.12.
Adjusted EBITDA $24.1M vs $36.0M; margin 5.7% down 250 bps.
Gross margin 19.7%, down 170 bps; adjusted gross margin 20.5% down 95 bps.
Reaffirms fiscal 2024 outlook; notes early progress in Hain Reimagined strategy.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

HAIN CELESTIAL GROUP INC reported fiscal first quarter ended September 30, 2023 results: revenue $425.0 million, net income Net loss was $10.4 million, EPS Loss per diluted share was $0.12. Guidance reaffirmed.

Period: fiscal first quarter ended September 30, 2023
Revenue: $425.0 million
Net income: Net loss was $10.4 million
EPS: Loss per diluted share was $0.12
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Hain Reimagined.” FINANCIAL HIGHLIGHTS* Summary of Fiscal First Quarter Results Compared to the Prior Year Period • Net sales decreased 3.3% compared to the prior year period to $425.0 million. ◦ Organic net sales, which we define as net sales adjusted to exclude the impact of acquisitions, divestitures and discontinued brands, decreased 2.9% compared to the prior year

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Source: SEC EDGAR

accession 0000910406-23-000112

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