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Hain Celestial Reports a 29.3% Drop in Fiscal Q1 Net Sales

Net sales were $260.27 million, and portfolio changes accounted for 22.3 percentage points of the decline.

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The Hain Celestial Group’s headquarters rises above River Street in Hoboken, New Jersey. / EconoTimes.ai
The Hain Celestial Group’s headquarters rises above River Street in Hoboken, New Jersey. / EconoTimes.ai

Fiscal Q1 2027 net sales totaled $260.27 million, down from $367.88 million a year earlier; Hain said portfolio changes accounted for 22.3 percentage points of the decline.

The company recorded $260.27 million in net sales, down from $367.88 million in the year-earlier quarter. It said divestitures, discontinued brands and product categories it exited contributed 22.3 percentage points to the year-over-year decline.

Organic net sales, calculated after excluding those portfolio effects and foreign-exchange movements, fell 6.7%. This measure shows sales after those specified portfolio and currency effects are removed, while the reported net-sales figure reflects the overall total.

The adjusted loss was 7 cents per diluted share, compared with 8 cents in the year-earlier quarter. The loss per share narrowed by one cent even as total and organic net sales fell.

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