earnings
confidence high
sentiment positive
materiality 0.60
Hain Celestial reports Q4: net sales down 6% to $419M, adjusted EPS $0.13, net debt cut $86M
HAIN CELESTIAL GROUP INC
2024-FY EPS reported
-$0.84
revenue$1,736,286,000
- Net sales $419M, down 6% YoY; organic net sales down 4%.
- Gross margin improved 90 bps to 23.4%; adjusted gross margin up 70 bps.
- Net loss improved to $3M vs $19M prior year; adjusted net income $11M vs $10M.
- Adjusted EBITDA $40M, margin 9.4%; adjusted EPS $0.13 vs $0.11 prior year.
- Reduced net debt by $86M in fiscal 2024; leverage ratio 3.7x; target 2x-3x by fiscal 2027.