Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers


February 12, 2016 11:21 AM ET

Food Products

Company Overview of The Hain Celestial Group, Inc.

Company Overview

The Hain Celestial Group, Inc. manufactures, markets, distributes, and sells organic and natural products in the United States, the United Kingdom, Canada, and Europe. Its grocery products include infant formula; infant, toddler, and kids foods; diapers and wipes; rice and grain-based products; flour and baking mixes; breads, hot and cold cereals, pasta, condiments, cooking and culinary oils, granolas, granola bars, and cereal bars; canned, chilled fresh, aseptic, and instant soups; Greek-style yogurt; chilies and packaged grains; and chocolates and nut butters, as well as plant-based beverages and frozen desserts, such as soy, rice, almond, and coconut. The company’s grocery products also c...

1111 Marcus Avenue

Lake Success, NY 11042

United States

Founded in 1993

6,307 Employees

Phone:

516-587-5000

Key Executives for The Hain Celestial Group, Inc.

Founder, Chairman, Chief Executive Officer and President
Age: 57
Total Annual Compensation: $1.9M
Executive Vice President and Chief Executive Officer of Hain Celestial North America
Age: 55
Total Annual Compensation: $693.0K
Chief Compliance Officer, Executive Vice President, General Counsel and Corporate Secretary
Age: 42
Total Annual Compensation: $550.0K
Compensation as of Fiscal Year 2015.

The Hain Celestial Group, Inc. Key Developments

The Hain Celestial Group, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended December 31, 2015; Provides Earnings Guidance for the Fiscal Year 2016

The Hain Celestial Group, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended December 31, 2015. For the quarter, the company reported net sales of $752.589 million compared to $696.383 million a year ago. Operating income was $87.722 million compared to $74.012 million a year ago. Net income was $56.947 million or $0.55 per diluted share compared to $44.575 million or $0.43 per diluted share a year ago. Adjusted operating income was $92.861 million compared to $87.383 million a year ago. Adjusted net sales were $752.589 million compared to $701.714 million a year ago. Adjusted net income was $59.166 million or $0.57 per diluted share compared to $55.518 million or $0.54 per diluted share a year ago. Adjusted EBITDA was $108.881 million compared to $101.833 million a year ago. Strong operating cash flow of $93.9 million, an increase of 82% over the prior year quarter. Capital expenditures for the quarter were $21.7 million as increased CapEx investment in FreeBird and Tilda ready-to-heat capacity. For the six months, the company reported net sales of $1,439.777 million compared to $1,327.640 million a year ago. Operating income was $145.190 million compared to $102.839 million a year ago. Net income was $88.249 million or $0.85 per diluted share compared to $63.430 million or $0.62 per diluted share a year ago. Adjusted operating income was $156.099 million compared to $146.184 million a year ago. Adjusted net sales were $1,439.777 million compared to $1,344.341 million a year ago. Adjusted EBITDA was $184.598 million compared to $174.986 million a year ago. Cash flow provided by operating activities was $99.644 million compared to $54.251 million a year ago. Purchases of property, plant and equipment was $41.177 million compared to $25.766 million a year ago. Operating free cash flow was $58.5 million for the six months ended December 31, 2015, an increase of $30.0 million from the six months ended December 31, 2014. The increase in operating free cash flow primarily resulted from an increase in net income and other non-cash items. The company reiterated its fiscal year 2016 guidance expectations of: total net sales range of $2.90 billion to $3.04 billion, an increase of approximately 7% to 12% as compared to fiscal year 2015, and earnings per diluted share range of $1.95 to $2.10, an increase of approximately 4% to 12% as compared to fiscal year 2015. Gross margin for the year is now expected to be approximately 23.5% to 24.5%, mainly due to the sales mix in U.S. business. The company estimate interest expense to be $28 million and effective tax rate for the year to be 31.5%.

Hain Celestial Group Mulls Acquisitions

The Hain Celestial Group, Inc. (NasdaqGS:HAIN) is seeking acquisitions. "We will continue to look at accretive acquisitions" said Irwin Simon, Chairman, President and Chief Executive Officer in a statement.

The Hain Celestial Group, Inc. to Report Q2, 2016 Results on Feb 01, 2016

The Hain Celestial Group, Inc. announced that they will report Q2, 2016 results on Feb 01, 2016

Similar Private Companies By Industry

Company Name Region
CK Processing Company United States
Red Rocker Candy, LLC United States
Nestlé Professional-Vitality Beverage Solutions United States
Aurora Dairy Corporation United States
Flavor Right Foods Northwest Inc. United States

Recent Private Companies Transactions

Type
Date
Target
Private Placement
October 27, 2015
Chopt Creative Salad Company LLC
Merger/Acquisition
March 4, 2015
Empire Kosher Poultry, Inc.
Merger/Acquisition
February 20, 2015
Belvedere International Inc.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact The Hain Celestial Group, Inc., please visit www.hain-celestial.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.