secwatch.observer — SEC 8-K summary
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Issuer:     HAIN CELESTIAL GROUP INC (HAIN)
CIK:        0000910406
Form:       8-K
Filed at:   2024-08-27T23:59:59+00:00
Accession:  0000950170-24-100792
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hain Celestial reports Q4: net sales down 6% to $419M, adjusted EPS $0.13, net debt cut $86M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/910406/000095017024100792/0000950170-24-100792-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/910406/000095017024100792/hain-20240827.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-100792

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer