Hain Celestial reports Q4 adjusted EPS (2c), consensus 3c

Reports Q4 revenue $363M, consensus $371.58M. “We are taking decisive action to optimize cash, deleverage our balance sheet, stabilize sales, and improve profitability as we recognize our performance has not met expectations,” said Alison Lewis, Interim President and CEO. “By rapidly resetting our cost structure to better align with the current business, we are creating greater financial flexibility. With this reset, we are implementing a leaner, more nimble regional operating model that prioritizes speed, simplicity, and impact over global infrastructure. Our turnaround strategy is anchored on five actions to win: aggressively streamlining our portfolio, accelerating innovation, implementing pricing along with revenue growth management, driving productivity and working capital efficiency, and enhancing digital capabilities. We are swiftly taking action to stabilize our business while delivering cash and repaying debt, strengthening our financial health.”