NASDAQ$HAIN

Hain Celestial · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Hain Celestial's financial performance was reported for Q3 2022, with net sales increasing, but gross profit margin and operating income decreasing due to inflationary pressures.

Hain Celestial reported a 2.1% increase in net sales to $502.9 million for Q3 2022. However, the gross profit margin decreased by 340 basis points to 23.0%, and operating income decreased to $35.2 million from $49.6 million in the prior year period. The company is implementing pricing actions and supply chain initiatives to offset cost pressures and improve margins.

  • Net sales increased by 2.1% to $502.9 million.
  • North America net sales increased 13.3%.
  • Earnings per diluted share (EPS) were $0.27, while adjusted EPS was $0.33.
  • The company repurchased 3.6 million shares at an average price of $36.48 per share.

Headline financials

Total Revenue

$503M

Previous: $493M+2.1%
EPS (adj)

$0.33

Previous: $0.44-25.0%
Adjusted EBITDA

$58.7M

Previous: $73.8M-20.5%
Adjusted EBITDA Margin

11.7%

Previous: 15.0%-22.0%
Capital Expenditures

-$33.9M

Previous: -$53.1M+36.0%
Free Cash Flow

-$9.41M

Previous: -$18.8M+50.0%
Net Income

$24.5M

Previous: $34.3M-28.4%
Operating Income

$35.2M

Previous: $49.6M-29.1%
Gross Profit

$116M

Previous: $130M-10.9%
Cash & Equivalents

$57.8M

Previous: $53M+9.0%
Total Assets

$2.44B

Previous: $2.24B+9.0%
Stock-Based Comp

$3.85M

Previous: $3.7M+4.0%

Revenue & EPS history

Hain Celestial · Revenue · Quarterly

$503M

Q3 2022+2.1%vs Q3 2021
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Hain Celestial · $503M total across 2 segments · Q3 2022

  • North America
    $326M+13.3%
  • International
    $177M-13.6%

Forward guidance

The Company expects low to mid single digit adjusted net sales growth supported by double digit growth in North America for the fourth quarter fiscal year 2022. The Company updates its adjusted net sales and adjusted EBITDA guidance for full fiscal year 2022 and now expects approximately flat adjusted net sales, modest adjusted gross margin reduction, and a low double digit adjusted EBITDA decline.

Tailwinds

  • Low to mid single digit adjusted net sales growth supported by double digit growth in North America
  • Approximately flat adjusted net sales for full fiscal year 2022

Headwinds

  • Modest adjusted gross margin reduction
  • Adjusted EBITDA down low to mid single digits (including approximately 300 basis points of foreign exchange headwind)
  • Low double digit adjusted EBITDA decline for full fiscal year 2022

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 Q3 2022

Historical avgQ3 2022

-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

Earnings price reactions
QuarterReport dateReaction (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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