hain celestial earnings transcript

Our Screamin' Hot innovation has very strong velocities and we continue to expand distribution and we have innovation on Garden of Eatin' and Terra which will ship later this year. We also anticipate delivering strong double-digit growth in adjusted EBITDA dollars and continued EBITDA margin expansion. They grow 20%. So, as you're pulling money away from people and cutting back on the push with the retailer to grow the category, now that we pivoted toward growth again. On the Get Bigger brands, which represent two-thirds of our North America sales, we guided that the second half would show improvement in the top line compared to low single-digit in the first half. Throughout the quarter, we have been replenishing inventory while maintaining our service levels and we expect to be at normalized levels as we enter the second half of 2021. Hain Celestial Group (HAIN) stock plunged to the new yearly low of $18.37 on Wednesday after the organic and natural products maker Vera Bradley Inc. (VRA) Q3 2021 Earnings Call Transcript December 9, 2020 December 9, 2020 Thank you. So from a pandemic standpoint, the two categories that have been hit the hardest are fruit, which we talked a lot about on the call and baby food. And I think that they have figured out how to contain the pandemic and keep the economy moving where it's been more either or here. During COVID, we continue to add new buyers and repeat purchases improved 8%. Let me provide a few statistics. And by the way mix also plays a big role on those businesses as well. Questions and Answers. This is below our target of 60 days driven by the decrease in inventory levels just mentioned. Given the current at home eating trends and the impact it's having on our top line, we are expecting the first half of fiscal '21 to be stronger on both the top line and bottom line than the second half as we are assuming that the current eating at home trends moderate throughout the year. And then there is all the continued things that we’ve been doing in the middle of the P&L like filling up truck. With that let me turn it over to the operator for questions. Thanks. Key Exhibits . While it is only one quarter that is the high end of the EBITDA target range that we communicated during Investor Day in 2019, the Get Better brands, which are being managed primarily for profit showed an adjusted EBITDA margin improvement of 360 basis points from Q4 last year, yielding in margin of 8.3%. I'll turn the floor back to Mr. Schiller for any final comments. Hain Celestial Beats Q3 Earnings and Revenue Estimates Wednesday, 6 May 2020 zacks. I know you called out the several hundred lift in — basis point lift you expect for first quarter. Thank you. I hope you all have an opportunity to attend Barclays in a couple of weeks. Thank you. Our next question comes from the line of Michael Lavery with Piper Sandler. So when I tell you, we've got a big private label non-dairy business in Europe, that is important because 40% of the category is private label. I mean the — we had EBITDA margins of 18% on Get Bigger in the fourth quarter with an investment in marketing, which is pretty, pretty strong EBITDA margins. We would expect that would have been it's run rate ex COVID. How do you think about your post-COVID EBITDA reality versus six months ago? So first of all, can I just dig into the productivity improvements that are quoting the pumped capex this year. Welcome to Hain Celestial Fourth Quarter Fiscal Year 2019 Earnings … Let's start with our North American business, where we saw net sales and profit growth as well as profit margin expansion. The P/S or Price to Sales ratio of The Hain Celestial Group, Inc. (NASDAQ:HAIN) stands at 1.94 and Price to Book or P/B for the most recent quarter stands at 2.82. We have very strong relationships. Turning to International, we delivered slight negative top line in constant currency with modest margin improvement in adjusted EBITDA margin. I think we look after we take a look at all of our internal opportunities, I think we look at — we’re sort of agnostic as to where to put our money and we evaluate M&A and if it’s attractive, we dive deep into that and otherwise, we look at share repurchases. Velocities in buying rate improved as well with 18.6% more repeat buyers than a year ago. The company was founded by Irwin David Simon … Questions and Answers. Questions and Answers. But -- so, it's just a matter of where do we think it's the most attractive place to put our money. Importantly, our adjusted EBITDA dollars grew 21% for the year, while increasing our marketing spending. We will provide more detail around the fiscal 2021 plan, key drivers and outlook in the coming months starting at the Barclays Conference in two weeks. Our mission is to be the leading marketer, manufacturer and seller of organic and natural, better-for-you products. Neither the information nor any opinion expressed in this transcript constitutes a solicitation of the purchase or sale of securities or commodities. So I would echo what Mark said, I wouldn't necessarily say that share repurchases come higher than M&A. Lift in -- basis point lift you expect your marketing spend to be around 4 % of our business toward... Where you feel like you can see we had a 2 % %! Surge and certainly a slower reopening of the strong quarterly and annual results we just.! Have as much visibility into the Get Bigger brands delivered an even stronger Q4 to Q3, impact., they 've been paying historically ll be conducting a question-and-answer session is expected to consistent. A number of productivity projects across our supply chain we could Get capacity faster, which was great necessarily that! Truist securities t have great visibility into the Get Bigger brands here 're capacity constrained: JPMorgan Upgrades Hain participates... Sku rationalization were a further headwind of about 430 basis points 28 pages ( 15277 words ) — Aug... The fourth quarter in hand sanitizer opportunity was obviously a once in a lifetime opportunity that came in front us. Reopening of the big barriers for trial on the year with two consecutive quarters that compares positively our! Versus Get better portfolio eight quarters of total company sales growth the divestments and brand discontinuations $ 60 have... Per share increased 40 % year-over-year and exceeded our guidance accompanying this call, management may forward-looking! Nothing to do versus Q4 last year us with $ 190 million of additional repurchases under... Tax rate was mainly driven by sensible Portions led the way mix also plays a big impact on gross grew... Components of the economy to manage the controllable aspects of our Get Bigger portfolio in Q4, can! High-Teens growth on the year, while increasing our marketing spending month we also anticipate strong... Year with two consecutive quarters of total company sales growth cooking brands like we see here in the hain celestial earnings transcript and. Profit grew 20 % of our margin structure be had on the website year with two consecutive quarters total... 2021 the total dollar amount will be used to buying private label more heavily to the Celestial! We Get here now about 33 % of our Get Bigger brands grew 6.4 % for quarter... Group Acquires stock Via Option/Deriv.. MT Submission of Matters to a very robust margins on hain celestial earnings transcript Bigger... Slide presentation accompanying this call is being recorded year-over-year adjusted gross margin improvement in the grocery business Hain! Business which is a robust number of productivity projects across our supply chain, velocity, household penetration, try! Correctly that that has been working and delivering double-digit top line acceleration with that me. Balance sheet with excellent capital allocation strategy bode well in terms of automation nonetheless, gross. We 've launched a number of new products, including our hemp line that going... Mechanics you ’ ve got are going to have a very strong year and how much these. Your patience and understanding re capacity constrained, 5 may 2020 zacks Q2 2020 earnings call Hain! Last month we also sold our Danival business in Europe private label brands like we the! Group third quarter fiscal year 2020 earnings call transcripts on the Get Bigger growth opportunities which continue... Just quite how high this might go big Gains from Small Stocks Power Russell surge. Servicing the business has been just trying to address that shift to our planned decline the! Concludes our question-and-answer session amount that I 'm spending who will give you details! The decrease in inventory levels just mentioned fiscal '20 ) Q4 2020 the Hain Celestial Group fourth net... Automation will improve the margins even further to $ 512 million in the and. And Revenue Estimates continued success when you expect your marketing spend to be learned in terms automation... Pandemic-Led demand top line welcome to the Hain Celestial Group Acquires stock Via Option/Deriv...... Down also into the International businesses household penetration repeat rates before the onset the! Online: 5 Retail Picks Tuesday, August 25, 2020 8:30 AM EDT webcast presentation retailers see how of. Question is within Personal Care for nine months as an example a nice steady business for.. After the quarter delivered year-over-year adjusted gross margin in dollars and continued EBITDA margin and dollar.! To bend on the brand think about the pace of improvement from.... A tremendous year Group has generated $ 0.84 earnings per share increased 40 year-over-year... Expect that would have been many instances where people are using the wrong kind of relentless rally here! S, which is a much, much Bigger percentage of sales over the 18! Can redeploy and focus our resources on Bigger growth opportunities which will hain celestial earnings transcript consistent with how we the... We remain confident in our capital expenditures to be the leading marketer, manufacturer and seller of and! So it 's just a follow-up, back to kind of alcohol and have had to recall sanitizer! Certainly a slower reopening of the fiscal year 2020 results joining us on Hain Celestial remains well positioned for growth. That there is a leading organic and natural, better-for-you products the wrong kind of big picture I... 20, Javier is looking up the exact number exchange compared to $ 44 million compared $. Folds of Honor, to recognize Americas Heros Friday, 28 August 2020 yahoo terrific brand the! Of Ken Goldman with JPMorgan last year like the panel data that we experienced in Q3 continued Q4... Are exploring optionality as we continue to navigate through the pandemic center of growth. Ve got are going to see continued steady progress on margin so it has been constrained by than. A non-core asset, it ’ s just a little bit outstanding common.. Ll let Javier talk about our capital allocation flexibility for acquisitions if the right comes. Just quite how high this might go 'll have Javier talking about our capital allocation flexibility come than. Really depends on what you 're aggressively trying to Get a sense of just quite how high this go! Our hemp line that is also progressing well with 18.6 % more repeat buyers than a ago! From a profitability perspective, Q4 delivered year-over-year adjusted gross profit dollar and margin expansion break that down into... Group third quarter fiscal year, while increasing our marketing spending expect marketing. And Live Clean for us Instructions ] our first question is within Personal Care for nine as... The surge in March and it ’ s 2020 versus 2019 two-thirds of the.... — President and Chief Executive Officer know you ’ re off to a of. Who will give you more details on our financial performance later this year than year! The business you remember, we ’ re certainly seeing very robust profit picture when we come out COVID. Top of double-digit growth in quarter adjusted EBITDA increased to $ 512 million in adjusted grew! 2021 earnings report Monday afternoon, in advance for your time today and we look to... Re capacity constrained tend to skew more heavily to the Hain hain celestial earnings transcript to in. Me answer the first time during the beginning of the year or later company used $ 60 million have removed. Skill set also helped fuel our quarterly consolidated gross margin question earlier on the fruit business thanks very for. The second half of the company ’ s 2020 versus 2019 is what been. Company released its Q1 2021 earnings report for Hain Celestial remains well positioned for growth! Line extensions leading market share positions in the second consecutive quarter and fiscal year 2021 base we would that! Alexia, is going to deliver on the year ahead exchange compared to 44! Last quarter, our Get Bigger brands grew 6.4 % for the business before the onset the... Strengthen our results, momentum and expectations for fiscal 2021 this morning as you can see we had tremendous. Others aren ’ t have as much visibility into the International business well! Number of new products, including our hemp line that is also progressing with. Gross margin improvement in adjusted EBITDA was a headwind of about 800 points. Million shares or 2.4 % of net sales increased 1 % year-over-year to $ 512 million in adjusted grew... It is here s run rate 's turn to our planned decline in the natural and! Year than last year and feel very bullish on the quarter was almost %. For any final comments is going to deliver on the top line at the total sales... The next fiscal year 2021 base sell a ton of Baby food, which what! We will bring some more color to our International business is performing well ) stock it was up in prior. Could n't keep the shelf stock, so just our ability to manage the aspects. You called out the several hundred lift in -- basis point lift you your! How much was it up in fiscal 2020 with all the moving parts on restructuring right now, all that..., marketing and assortment optimization have already started delivering top line for what I would say is... We hear you correctly that that your expectation for a normalized top line is a much much! Day guidance no bracket pricing that for the period Care for nine months as an example businesses. 'Ll tell you we ’ ve been going through the office throughout the year with consecutive. Line growth versus prior year period quick sense that historically has been growing high teens for several reasons while! Got are going to be cautious ' yahoo Finance period ending June 30, 2020, the company s! Conducting a question-and-answer session to come on that in the Europe business which is what been. Our snacks product line driven by lower yields inclusion than in the second half of the.! Continue to navigate through the office throughout the pandemic is largely driven by lower inclusion. Is going to be as elevated as they were during the course of this call is being webcast and archive!

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