secwatch.observer — SEC 8-K summary
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Issuer:     HAIN CELESTIAL GROUP INC (HAIN)
CIK:        0000910406
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0000950170-25-064989
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hain Celestial Q3 miss: net sales -11%, net loss $135M; CEO Davidson out; strategic review
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- Net sales $390M (-11% YoY), organic net sales -5%; net loss $135M (incl. $133M impairment).
- Adjusted net income $6M vs $11M prior year; adjusted gross margin 21.8% (-50bps).
- CEO Wendy Davidson departs; Board appoints director Alison E. Lewis as Interim President and CEO.
- Board launches comprehensive strategic review of portfolio with Goldman Sachs; no timetable set.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/910406/000095017025064989/0000950170-25-064989-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/910406/000095017025064989/hain-20250503.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-064989

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