secwatch.observer — SEC 8-K summary
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Issuer:     HAIN CELESTIAL GROUP INC (HAIN)
CIK:        0000910406
Form:       8-K
Filed at:   2022-01-18T23:59:59+00:00
Accession:  0001193125-22-010541
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hain Celestial appoints new CFO Chris Bellairs; prelim Q2 net sales down 1-3%, EBITDA down 4-6%
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- Chris Bellairs appointed EVP & CFO effective Feb 4, 2022; Javier Idrovo resigning for another opportunity.
- Preliminary Q2 adjusted net sales down 1-3% YoY; first half down 0.5-1.5%, at high end of prior guidance.
- Preliminary Q2 adjusted EBITDA down 4-6% YoY; first half down 8.5-9.5%, slightly below mid-single-digit guidance.
- EBITDA shortfall attributed to industry-wide inflation, supply chain and labor challenges.
- Bellairs' compensation: $550k base salary, 85% target AIP for FY2022, $1M prorated LTIP award.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/910406/000119312522010541/0001193125-22-010541-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/910406/000119312522010541/d243026d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-010541

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