Hain Celestial Reports Q1 2027 Earnings with Declines and Strategic Updates
Hain Celestial (NASDAQ: HAIN) reported a significant drop in net sales for the first quarter of fiscal year 2027, falling to $263 million—a 28% decrease from the prior year—primarily due to the divestiture of its North American snacks business. Organic net sales also declined by 2%, driven by volume and mix challenges despite stable pricing. Despite these declines, adjusted gross margin improved by 230 basis points to 22.7%. Adjusted EBITDA fell slightly from $20 million in the prior year period to $19 million due to cost inflation and lower volumes. The company reported an adjusted net loss per diluted share of $0.05, compared to a $0.02 loss last year. Hain Celestial also highlighted progress on financial restructuring efforts, including free cash flow improvement from outflow in the prior year to inflow of $58 million and reduced net debt by 25% since fiscal year start.
Tickers: $HAIN
Topics: adjusted gross margin cash flow debt reduction ebitda net sales