Hain Celestial (HAIN) Misses Q2 EPS by 4c

Hain Celestial (NASDAQ: HAIN) reported Q2 EPS of $0.08, $0.04 worse than the analyst estimate of $0.12. Revenue for the quarter came in at $411 million versus the consensus estimate of $432.49 million.

FISCAL 2025 GUIDANCE*

“Commercial execution and supply chain challenges drove second quarter results that were below our expectations. We have already taken steps to address these challenges and remain focused on disciplined execution. Recent distribution wins and the recovery of our infant formula supply bolster our belief that we are well positioned to pivot to growth in the back half of the year, however given performance to date and the challenging macroeconomic backdrop we are adjusting our full year outlook,” stated Lee Boyce, CFO.

The company is revising guidance for fiscal 2025 as follows:

• Organic net sales growth is expected to be down 2 to 4%.
• Adjusted EBITDA is expected to be flat year-over-year.
• Gross margin is expected to increase by at least 90 basis points.
• Free cash flow is expected to be at least $60 million.

For earnings history and earnings-related data on Hain Celestial (HAIN) click here.

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