Hain Celestial reported a net loss of $116 million in the second fiscal quarter of 2026, a decrease from the prior year, primarily due to pre-tax non-cash impairment charges of $132 million. Net sales were $384.1 million, down 7% year-over-year, with organic net sales also decreasing by 7%.
Net sales for Q2 FY26 were $384.1 million, a 7% decrease year-over-year.
The company reported a net loss of $116 million, compared to a net loss of $104 million in the prior year period.
Adjusted EBITDA was $24 million, a decrease from $38 million in the prior year period.
Organic net sales decreased by 7%, driven by a 9-point decrease in volume/mix, partially offset by a 2-point increase in pricing.
The company is advancing its turnaround strategy with urgency, focusing on portfolio sharpening, balance sheet strengthening, and operational execution improvements, with a clear path to sequential improvement in the back half of the year.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance