The Hain Celestial Group, Inc. (NASDAQ:HAIN) stock plummeted after reporting weaker-than-expected results for fiscal Q4 and year ending June 30, 2025. Net sales were $363.348 million, down 13% YoY, with organic net sales decreasing 11%. Results included $252 million in impairment charges and an adjusted net loss of $2 million.

In North America, Q4 sales dropped 21% to $206 million, with gross margin contracting to 19.2%. International sales remained flat at $158 million, but organic sales decreased 6%. By category, snacks dropped 23%, baby and kids declined 7%, beverages were flat, meal prep fell 6%, and personal care plunged 49%.

For fiscal 2025, net sales fell 10% YoY to $1.56 billion, with organic sales down 7%. Net loss widened to $531 million, or $5.89 per share, versus a loss of $75 million, or $0.84 per share, in fiscal 2024. Adjusted net income totaled $8 million, or $0.09 per share, compared with $30 million, or $0.33 per share, a year ago.

Operations provided net cash of $22 million for the year, with free cash flow negative $9 million for the quarter and negative $3 million for the year. Total debt ended the year at $705 million, down from $744 million, with net debt at $650 million. Interim President and CEO Alison Lewis outlined a turnaround strategy focused on optimizing cash, deleveraging the balance sheet, stabilizing sales, and improving profitability through various initiatives.

Read more at Yahoo Finance: Hain Celestial Faces Steeper Losses As Impairment Charges Hit Weak Sales