NASDAQ$HAIN

Hain Celestial · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Hain Celestial's financial performance was reported for the fourth quarter and fiscal year ended June 30, 2021, with net income improving and adjusted EBITDA growing.

Hain Celestial reported solid fourth quarter and full fiscal year 2021 results, with net income improving by $37 million and adjusted EBITDA growth of 10%. The company also announced an incremental $300 million share repurchase authorization and provided fiscal year 2022 guidance.

  • Net sales decreased 12% to $450.7 million, or 17% on a constant currency basis.
  • Net income of $40.5 million compared to $3.7 million in the prior year period.
  • Adjusted EPS of $0.39 compared to $0.32 in the prior year period.
  • Adjusted EBITDA of $68.1 million compared to $62.2 million in the prior year period.

Headline financials

Total Revenue

$451M

Previous: $512M-11.9%
EPS (adj)

$0.39

Previous: $0.32+21.9%
Adjusted EBITDA

$68.1M

Previous: $62.2M+9.5%
Adjusted EBITDA Margin

15.1%

Previous: 12.1%+24.8%
Net Income

$40.5M

Previous: $3.7M+994.2%
Operating Income

$41.6M

Previous: $25.3M+64.3%
Gross Profit

$113M

Previous: $130M-13.4%
Cash & Equivalents

$75.9M

Previous: $37.8M+100.9%
Total Assets

$2.21B

Previous: $2.19B+0.8%
Stock-Based Comp

$3.77M

Previous: $3.5M+7.8%

Revenue & EPS history

Hain Celestial · Revenue · Quarterly

$451M

Q4 2021-11.9%vs Q4 2020
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Hain Celestial · $451M total across 2 segments · Q4 2021

  • North America
    $253M-15.2%
  • International
    $197M-7.4%

Forward guidance

For fiscal year 2022, the Company expects low single digit adjusted net sales growth, adjusted gross margin expansion, and mid to high single digit adjusted EBITDA growth.

Tailwinds

  • Low single digit adjusted net sales growth
  • Adjusted gross margin expansion
  • Mid to high single digit adjusted EBITDA growth
  • Full year adjusted net sales growth of high single digits relative to fiscal 2019
  • Adjusted EBITDA and EBITDA margin growth of at least 65% and 500 bps, respectively, relative to fiscal 2019

Headwinds

  • Net sales to be down low to mid single digits on an adjusted basis in the first half of fiscal year 2022
  • Adjusted EBITDA to be close to flat in the first half of fiscal year 2022
  • Net sales to be up by mid to high single digits in the second half
  • Adjusted EBITDA to be up high single digits to low double digits in the second half
  • A mid to high teens adjusted EBITDA decrease compared to the first quarter of fiscal year 2021

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 Q4 2021

Historical avgQ4 2021

-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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