Hain Celestial Q3 sales miss estimates on baby & kids, meal prep category weaknesses

Hain Celestial

11/05/2026 12:10

Overview

U.S. health foods maker's fiscal Q3 sales fell 13% and missed analyst expectations

Adjusted net loss for fiscal Q3 was smaller than analysts expected

Company says sales decline driven by lower volume/mix, partly offset by higher pricing

Outlook

Company says completion of North American snacks divestiture expected to enhance margins and cash flow

Hain Celestial says near-term priorities are optimizing cash, improving profitability and stabilizing sales

Company says North American core business remains resilient and progress is being made on stranded costs

Result Drivers

LOWER VOLUME/MIX - Co said sales decline was mainly due to lower volume/mix, partly offset by higher pricing

CATEGORY WEAKNESS - Baby & kids and meal prep categories saw continued softness, especially in purees and formula in North America and the UK

COST INFLATION - Gross margin declines were primarily driven by cost inflation, partly offset by productivity savings and pricing

Company press release: ID:nGNX4m6wT9

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Miss
$338.4 mln
$348.81 mln (4 Analysts)
Q3 Adjusted Net Income
Beat
-$1.2 mln
-$1.77 mln (4 Analysts)
Q3 Net Income
-$106.3 mln
Q3 Adjusted Gross Margin
21.00%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 5 "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 $1.27, about 91.7% above its May 8 closing price of $0.66

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 19 three months ago

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.)