earnings
confidence high
sentiment positive
materiality 0.65
Hain Celestial Q3 net sales down 3.7% to $438.4M; adj EBITDA up 17.5% to $43.8M; leverage down to 3.9x
HAIN CELESTIAL GROUP INC
2024-Q3 EPS reported
-$0.80
revenue$1,317,487,000
- Net sales $438.4M, down 3.7% YoY; organic net sales also down 3.7% including 1.3 ppt FX benefit.
- Adjusted gross margin 22.3%, up 90 bps; adjusted EBITDA margin 10.0%, up 180 bps to $43.8M.
- Adjusted EPS $0.13 vs $0.08 prior year; net loss improved to $48.2M from $115.7M.
- Operating cash flow $42.3M, free cash flow $30.2M; net debt $728M, leverage ratio 3.9x vs 4.3x.