Hain Celestial Group Inc
Q2 2026 Earnings
Market Reaction
S&P 500 over the same 30 days: −4.02%.
Did HAIN Beat Earnings? Q2 2026 Results
Hain Celestial Group posted a narrowly mixed fiscal second-quarter report, with revenue of $384.12 million edging past the $383.23 million consensus by 0.23% but landing 6.7% below year-ago levels, while adjusted EPS of negative $0.03 fell short of the breakeven figure analysts had expected. The headline numbers were overshadowed by $131.82 million in pre-tax non-cash impairment charges, the dominant weight behind a GAAP net loss of $116.01 million, or $1.28 per diluted share, and a compression of gross margins by 330 basis points to 19.4%. Volume weakness was acute in snacks, where organic sales fell 20%, and in baby and kids, down 14%, partially offset by 3% organic growth in beverages. A bright spot was free cash flow of $29.98 million, up from $24.52 million a year ago. The announced divestiture of the North American snack business, part of a broader portfolio simplification effort, is expected to improve margins and provide balance sheet flexibility, with management signaling confidence in sequential improvement through the back half of fiscal 2026.
- Volume/mix declined 9 points, partially offset by 2-point pricing increase
- North America organic net sales declined 10%, driven by snacks distribution losses and baby formula lapping prior-year supply recovery
- International organic net sales declined 3%, primarily from baby & kids softness in UK
- Beverages grew 3% organically, driven by tea in North America, accelerating from 2% in Q1
- Gross margin declined 330 basis points to 19.4% due to lower volume/mix, cost inflation, and unfavorable fixed cost absorption
- Operating cash flow grew 20% year-over-year to $37 million
- Pre-tax non-cash impairment charges of $132 million on goodwill and intangible assets
- $25.9 million insurance claim proceeds collected
“We demonstrated meaningful strategic and operational progress in the second quarter and are advancing our turnaround strategy with urgency. We took bold steps to sharpen our portfolio and strengthen our balance sheet through the divestiture of our North American snack business, giving us greater financial flexibility alongside an improved margin and cash flow profile. Our core categories are stable, our operational execution is improving, and we demonstrated strong cash delivery in the quarter. The actions underway across simplification, pricing, innovation, and productivity provide a clear path to sequential improvement in the back half of the year. We remain confident in our path forward.”
Hain Celestial Group CEO, on the earnings call
Forward Guidance & Outlook
Management expressed confidence in sequential improvement in the back half of fiscal year 2026, citing actions underway across simplification, pricing, innovation, and productivity. The divestiture of the North American snack business is expected to provide greater financial flexibility and an improved margin and cash flow profile. No specific quantitative guidance was provided.
HAIN YoY Financials
HAIN Revenue by Segment
HAIN Revenue by Geography
Figures from SEC filings and company reports. Not investment advice.