The Hain Celestial Group Inc
- Hain Celestial Group, Inc., fell 1.9% to $1.59 after the health and wellness consumer goods company reported more than a ninety-fold jump in net loss in the fourth quarter ended on June 30.
The company is in the middle of streamlining its portfolio of organic personal care products and natural foods, and the latest quarterly results were hit by a one-time charge related to "goodwill and certain intangible assets, as well as assets held for sale."
Consolidated revenue inched lower to $363.3 million from $418.8 million, net loss expanded to $272.6 million from $2.9 million, and diluted losses per share advanced to $3.06 from $0.03 a year ago.
Adjusted EBITDA fell to $114 million from $155 million, while free cash flow turned negative to $3 million compared to $83 million in the prior year.
The company recorded pre-tax impairment charges of $496 million, primarily related to goodwill and intangible assets. Net debt decreased to $650 million from $690 million.
"We are taking decisive action to optimize cash, deleverage our balance sheet, stabilize sales, and improve profitability as we recognize our performance has not met expectations,” said Alison Lewis, Interim President and CEO.
Sep 16, 2025
If you want to see the full data, please log in to your account. Logging in gives you complete access to all available information, features, and detailed insights that are not visible to guest users.