Hain Celestial Reports Fourth Quarter and Fiscal Year 2026 Financial Results
News related to:Hain Celestial Group, Inc · 4 min read
HOBOKEN, N.J., Sept. 14, 2026 /CourierPR/ -- Hain Celestial, a global health and wellness company, reported financial results for its fiscal fourth quarter and fiscal year ended June 30, 2026. The company's financial performance showed significant improvements, marking a pivotal year in its strategic transformation.
According to Alison Lewis, President and CEO of Hain Celestial, the company achieved encouraging sequential improvement in its fourth quarter results. "Fiscal 2026 was a pivotal year for Hain. We simplified our portfolio, reduced debt, significantly improved free cash flow, and exited the year with improving momentum across the business," Lewis stated.
The company announced a definitive agreement to sell its International business, a move aimed at focusing on its North American operations. Assuming the successful completion of the transaction and an agreement with lenders to extend the December debt maturity, Hain Celestial expects to become a more streamlined and focused North American company with leading brands in attractive categories.
In the fiscal fourth quarter, Hain Celestial's net sales decreased by 28% year-over-year to $263 million, primarily due to the divestiture of its North American snacks business. Organic net sales, which exclude the impact of acquisitions and divestitures, decreased by 2%. The decrease was driven by a 2-point decrease in volume/mix and flat pricing.
The company's gross profit margin improved significantly, reaching 22.5% in the fiscal fourth quarter, up 200 basis points from the prior year. Adjusted gross profit margin was 22.7%, a 230-basis point increase. Net loss for the quarter was $62 million, compared to a net loss of $273 million in the prior year. Adjusted net loss was $4 million, compared to an adjusted net loss of $2 million in the prior year.
Hain Celestial's adjusted EBITDA for the fiscal fourth quarter was $19 million, compared to $20 million in the prior year. Loss per diluted share was $0.68, compared to a loss per diluted share of $3.06 in the prior year. Adjusted loss per diluted share was $0.05, compared to an adjusted loss per diluted share of $0.02 in the prior year.
For the fiscal year 2026, Hain Celestial's net sales decreased by 13% year-over-year to $1,353 million. Organic net sales, which exclude the impact of acquisitions and divestitures, decreased by 3%. Gross profit margin was 20.1%, a 130-basis point decrease from the prior year. Adjusted gross profit margin was 20.5%, a 100-basis point decrease. Net loss for the year was $305 million, compared to a net loss of $531 million in the prior year. Adjusted net loss was $16 million, compared to an adjusted net income of $8 million in the prior year. Adjusted EBITDA for the year was $89 million, compared to $114 million in the prior year.
Cash flow and balance sheet highlights showed that net cash provided by operating activities was $11 million in the fiscal fourth quarter, compared to a net cash used of $3 million in the prior year. For the fiscal year, net cash provided by operating activities was $78 million, compared to $22 million in the prior year. Free cash flow was $7 million in the fiscal fourth quarter, compared to an outflow of $9 million in the prior year. For the fiscal year, free cash flow was $58 million, compared to an outflow of $3 million in the prior year.
Total debt was $558 million at the end of the fiscal fourth quarter, down from $705 million at the beginning of the fiscal year. Net debt was $500 million at the end of the fiscal fourth quarter, compared to $650 million at the beginning of the fiscal year. The company ended the fiscal fourth quarter with a net secured leverage ratio of 4.5x as calculated under its credit agreement.
In the North America segment, organic net sales increased by 2% year-over-year, driven by growth in meal prep and strength in yogurt, partially offset by lower sales in baby & kids. Segment gross profit was $34 million and adjusted gross profit was $35 million in the fiscal fourth quarter, representing decreases of 14% and 12%, respectively, from the prior year period. Gross margin was 30.6% and adjusted gross margin was 31.1%, representing increases of 1,140 and 1,190 basis points, respectively, from the prior year period. Adjusted EBITDA in the fiscal fourth quarter was $16 million, an increase of 55% compared to the prior year period.
In the International segment, organic net sales decreased by 4% year-over-year, primarily driven by lower sales in meal prep and baby & kids, partially offset by growth in beverages. Segment gross profit and adjusted gross profit in the fiscal fourth quarter were both $25 million, each representing a 28% decrease from the prior year period. Gross margin and adjusted gross margin were both 16.6%, each representing a 555-basis point decrease from the prior year period. Adjusted EBITDA in the fiscal fourth quarter was $12 million, compared to $21 million in the prior year period.
Hain Celestial will host a conference call and webcast today at 8:00 AM ET to discuss its results. The live webcast and accompanying presentation are available under the Investors section of the company’s corporate website at www.hain.com.