
Hain Celestial improves cash flow despite sales decline
- Hain Celestial (NASDAQ:HAIN) reported fiscal 2026 results with lower revenue but improved cash generation and reduced debt.
- FY26 operating cash flow increased to $78 million from $22 million, while free cash flow improved to $58 million from a $3 million outflow.
- The company reduced total debt to $558 million as it continues its strategic transformation.
Hain Celestial (NASDAQ:HAIN) reported fiscal fourth-quarter and full-year 2026 results showing improved cash generation and lower leverage despite declining sales.
For the fourth quarter, net sales were $263 million, down 28% year over year, while organic net sales declined 2%.
Gross margin increased 200 basis points to 22.5%, while adjusted EBITDA was $19 million compared with $20 million in the prior-year period.
Net loss narrowed to $62 million, or $0.68 per diluted share.
For fiscal 2026, Hain reported net sales of $1.353 billion, a 13% decline from the previous year, with organic net sales decreasing 3%.
Gross margin was 20.1%, down 130 basis points, while adjusted EBITDA declined to $89 million from $114 million.
The company reported a full-year net loss of $305 million, or $3.36 per diluted share, impacted by goodwill and other impairment charges.
Despite weaker revenue, Hain improved its financial position, with operating cash flow increasing to $78 million from $22 million and free cash flow improving to $58 million from a $3 million outflow.
Total debt declined to $558 million, with net secured leverage at 4.5x as the company continues efforts to streamline operations and strengthen its balance sheet.
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