NASDAQ$HAIN
Hain Celestial · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Hain Celestial's first quarter 2024 financial results were reported, meeting net sales expectations and exceeding adjusted EBITDA guidance.
Hain Celestial reported a decrease in net sales by 3.3% to $425.0 million, with organic net sales decreasing by 2.9%. The company experienced a net loss of $10.4 million, compared to a net income of $6.9 million in the prior year period. Adjusted EBITDA was $24.1 million, compared to $36.0 million in the prior year period. The company reaffirms fiscal year 2024 guidance.
- Net sales decreased by 3.3% to $425.0 million, with organic net sales down by 2.9%.
- Net loss was $10.4 million, a significant decrease compared to net income of $6.9 million in the prior year.
- Adjusted EBITDA decreased to $24.1 million from $36.0 million in the previous year.
- The company reaffirms its fiscal year 2024 outlook, expecting organic net sales to increase by 2% to 4% and adjusted EBITDA to be between $155 million and $165 million.
Headline financials
Revenue & EPS history
Hain Celestial · Revenue · Quarterly
$425M
Revenue by segment
Hain Celestial · $425M total across 2 segments · Q1 2024
- North America$260M-9.8%61.2%
- International$165M+9.3%38.8%
Forward guidance
The Company is reaffirming the following guidance for fiscal 2024: Organic net sales up 2% to 4% versus the prior year, and Adjusted EBITDA to be between $155 million and $165 million.
Tailwinds
- Maintaining guidance for the full year despite achieving adjusted EBITDA ahead of expectations.
- Hain Reimagined strategy is designed to be self-funded and flexible.
- Continue to invest in the business to drive profitable growth.
- Adjusting the pace of investment as we progress.
- Expect organic net sales up 2% to 4% versus the prior year.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2024
-1.5%
Avg return
Earnings day
-1.9%
Avg return
5 days after
-2.3%
Avg return
30 days after
46%
31 / 67 earnings
Positive
+20.9%
Q4 2024
Best reaction
-48.4%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | +12.9% | +17.4% | -3.7% | |
| Q2 2026 | -19.5% | -22.0% | -48.0% | |
| Q1 2026 | +14.4% | +32.7% | -3.7% | |
| Q3 2025 | -48.4% | -36.1% | -36.1% | |
| Q2 2025 | -10.7% | -13.6% | -11.3% | |
| Q1 2025 | -16.7% | -24.9% | -7.1% | |
| Q4 2024 | +20.9% | +17.1% | +20.9% | |
| Q3 2024 | +5.6% | +14.1% | +13.4% | |
| Q2 2024 | -11.9% | -12.7% | -17.4% | |
| Q1 2024 | -6.0% | -3.6% | -6.7% | |
| Q4 2023 | -2.5% | -9.1% | -16.4% | |
| Q3 2023 | -14.4% | -19.8% | -31.0% | |
| Q2 2023 | -10.0% | -12.8% | -19.6% | |
| Q1 2023 | +1.4% | +10.6% | -8.1% | |
| Q4 2022 | -13.9% | -17.0% | -31.1% | |
| Q3 2022 | -24.9% | -20.7% | -22.6% | |
| Q2 2022 | +1.4% | +2.1% | -5.9% | |
| Q1 2022 | +5.0% | -9.0% | -14.9% | |
| Q4 2021 | -9.7% | -6.5% | +0.1% | |
| Q3 2021 | +0.0% | -0.9% | +0.2% | |
| Q2 2021 | +4.5% | +6.2% | +7.3% | |
| Q1 2021 | +2.1% | +11.9% | +13.8% | |
| Q4 2020 | -4.4% | -7.5% | -4.3% | |
| Q3 2020 | +10.9% | +16.7% | +11.3% | |
| Q2 2020 | +9.3% | +7.6% | -6.2% | |
| Q1 2020 | +7.0% | +5.7% | +3.9% | |
| Q4 2019 | +3.8% | +4.4% | +17.3% | |
| Q3 2019 | -3.7% | +0.6% | -11.5% | |
| Q2 2019 | -10.6% | +1.5% | +20.9% | |
| Q1 2019 | -14.9% | -15.5% | -26.1% | |
| Q4 2018 | -3.6% | -0.2% | -7.5% | |
| Q3 2018 | -2.2% | -2.5% | -3.4% | |
| Q2 2018 | -5.5% | -8.7% | -2.3% | |
| Q1 2018 | +1.6% | +3.8% | +19.0% | |
| Q4 2017 | -2.4% | -2.6% | +0.2% | |
| Q3 2017 | -4.7% | +4.8% | +32.0% | |
| Q1 2017 | -4.7% | +4.8% | +32.0% | |
| Q2 2017 | -4.7% | +4.8% | +32.0% | |
| Q4 2016 | -4.7% | +4.8% | +32.0% | |
| Q3 2016 | +9.0% | — | — | |
| Q2 2016 | -4.2% | — | — | |
| Q1 2016 | -4.8% | — | — | |
| Q4 2015 | -6.2% | — | — | |
| Q3 2015 | -0.5% | — | — | |
| Q2 2015 | +6.2% | — | — | |
| Q1 2015 | +1.0% | — | — | |
| Q4 2014 | +10.2% | — | — | |
| Q3 2014 | +8.0% | — | — | |
| Q2 2014 | -4.5% | — | — | |
| Q1 2014 | +3.8% | — | — | |
| Q4 2013 | +9.5% | — | — | |
| Q3 2013 | -1.8% | — | — | |
| Q2 2013 | +1.0% | — | — | |
| Q1 2013 | -1.0% | — | — | |
| Q4 2012 | +19.4% | — | — | |
| Q3 2012 | -0.6% | — | — | |
| Q2 2012 | +1.5% | — | — | |
| Q1 2012 | -1.3% | — | — | |
| Q4 2009 | +1.0% | — | — | |
| Q4 2011 | +1.0% | — | — | |
| Q3 2011 | +1.5% | — | — | |
| Q3 2010 | +1.5% | — | — | |
| Q2 2011 | +1.6% | — | — | |
| Q2 2010 | +1.6% | — | — | |
| Q4 2010 | -0.8% | — | — | |
| Q1 2010 | -0.8% | — | — | |
| Q1 2011 | -0.8% | — | — |
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