Hain Celestial Q4 sales miss estimates on divestiture impact
Hain Celestial Q4 sales miss estimates on divestiture impact
Overview
Global health and wellness firm's fiscal Q4 sales fell 28% yr/yr, missing analyst expectations
Adjusted loss per share and adjusted net loss for Q4 missed analyst expectations
Company announced definitive agreement to sell International business, aiming for North America focus
Outlook
Company expects to become a more focused North American business after International sale closes
Result Drivers
DIVESTITURE IMPACT - Q4 sales decline primarily due to divestiture of North American snacks business
VOLUME/MIX DECLINE - Organic net sales fell 2% in Q4, driven by a 2-point decrease in volume/mix and flat pricing
PRODUCTIVITY SAVINGS - Gross margin improvement in North America attributed to increased volume/mix and productivity savings, partially offset by cost inflation
Company press release: ID:nGNXvgMpV
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Sales | Miss | $263 mln | $268.94 mln (4 Analysts) |
Q4 Adjusted Loss Per Share | Miss | $0.05 | $0.03 (4 Analysts) |
Q4 Adjusted Net Loss | Miss | $4 mln | $2.92 mln (3 Analysts) |
Q4 Net Loss |
| $62 mln |
|
Q4 Adjusted Gross Margin |
| 22.70% |
|
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the food processing peer group is "buy."
Wall Street's median 12-month price target for Hain Celestial Group Inc is $0.91, about 46.1% above its September 11 closing price of $0.62
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 18 three months ago
Reuters Recommended Reads
Sept 11 - Kroger's Q2 sales edge past estimates; cuts 2026 forecast amid regulatory headwinds
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Recent news on Hain Celestial
See all newsBrief: Wellness Company Hain Celestial Said To Eye Potential Bankruptcy - Bloomberg News
U.S. STOCKS ON THE MOVE-PBF Energy, Crown Castle, Definium Therapeutics
U.S. STOCKS ON THE MOVE-PBF Energy, Crown Castle, Definium Therapeutics
Hain Celestial Group Inc reports results for the quarter ended March 31 - Earnings Summary
U.S. STOCKS ON THE MOVE-AI stocks, energy companies, Johnson & Johnson