NASDAQ: HAIN
HAIN CELESTIAL GROUP INCCIK 0000910406 · SIC 2000 · Food & Kindred Products
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The Hain Celestial Group, Inc., a Delaware corporation (collectively with its subsidiaries, the “Company,” “Hain Celestial,” “we,” “us” or “our”) was founded in 1993. Hain Celestial is a leading global health and wellness company whose purpose is to inspire healthier living for people, communities… About this business →
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Latest financial statements
From 10-K filed Sep 14, 2026 (period ending Jun 30, 2026). As printed on the EDGAR/iXBRL face — not generated by the model.
Consolidated Statements of Operations
(In thousands, except per share amounts)
| Description | Fiscal year ended June 30, 2026 | Fiscal year ended June 30, 2025 |
|---|---|---|
| Net sales | 1,353,429 | 1,559,780 |
| Cost of sales | 1,081,317 | 1,225,722 |
| Gross profit | 272,112 | 334,058 |
| Selling, general and administrative expenses | 248,039 | 271,833 |
| Goodwill impairment | 193,219 | 428,882 |
| Long-lived asset and intangibles impairment | 27,394 | 66,940 |
| Productivity and transformation costs | 22,039 | 21,530 |
| Amortization of acquired intangible assets | 10,802 | 6,476 |
| Proceeds from insurance claim | (25,900) | — |
| Operating loss | (203,481) | (461,603) |
| Interest and other financing expense, net | 56,957 | 51,253 |
| Other expense, net | 46,342 | 875 |
| Loss before income taxes and equity in net loss of equity-method investees | (306,780) | (513,731) |
| (Benefit) provision for income taxes | (2,208) | 15,297 |
| Equity in net loss of equity-method investees | 351 | 1,813 |
| Net loss | (304,923) | (530,841) |
| Net loss per common share: | ||
| Basic | (3.36) | (5.89) |
| Diluted | (3.36) | (5.89) |
| Shares used in the calculation of net loss per common share: | ||
| Basic | 90,736 | 90,127 |
| Diluted | 90,736 | 90,127 |
Consolidated Balance Sheets
(In thousands, except par values)
| Description | June 30, 2026 | June 30, 2025 |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | 58,078 | 54,355 |
| Accounts receivable, less allowance for doubtful accounts of $3,373 and $1,337, respectively | 121,022 | 154,440 |
| Inventories | 149,275 | 248,731 |
| Prepaid expenses and other current assets | 82,017 | 43,169 |
| Assets held for sale | 5,882 | 29,603 |
| Total current assets | 416,274 | 530,298 |
| Property, plant and equipment, net | 184,665 | 264,730 |
| Goodwill | 246,079 | 500,961 |
| Trademarks and other intangible assets, net | 173,520 | 210,905 |
| Operating lease right-of-use assets, net | 49,057 | 71,171 |
| Other assets | 20,788 | 25,213 |
| Total assets | 1,090,383 | 1,603,278 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | 125,497 | 188,307 |
| Accrued expenses and other current liabilities | 143,560 | 68,426 |
| Current portion of long-term debt | 557,552 | 7,653 |
| Liabilities related to assets held for sale | 4,153 | 12,987 |
| Total current liabilities | 830,762 | 277,373 |
| Long-term debt, less current portion | 292 | 697,168 |
| Deferred income taxes | 32,930 | 40,332 |
| Operating lease liabilities, noncurrent portion | 44,409 | 65,284 |
| Other noncurrent liabilities | 27,195 | 48,116 |
| Total liabilities | 935,588 | 1,128,273 |
| Commitments and contingencies (Note 17) | ||
| Stockholders’ equity: | ||
| Preferred stock $.01 par value, authorized 5,000 shares; issued and outstanding: none | — | — |
| Common stock $.01 par value, authorized 150,000 shares; issued: 113,469 and 112,491 shares, respectively; outstanding: 91,003 and 90,284 shares, respectively | 1,135 | 1,125 |
| Additional paid-in capital | 1,243,863 | 1,238,402 |
| Retained (deficit) earnings | (258,245) | 46,678 |
| Accumulated other comprehensive loss | (101,463) | (81,053) |
| 885,290 | 1,205,152 | |
| Less: Treasury stock, at cost, 22,466 and 22,207 shares, respectively | (730,495) | (730,147) |
| Total stockholders’ equity | 154,795 | 475,005 |
| Total liabilities and stockholders’ equity | 1,090,383 | 1,603,278 |
Consolidated Statements of Cash Flows
(In thousands)
| Description | Fiscal year ended June 30, 2026 | Fiscal year ended June 30, 2025 |
|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Net loss | (304,923) | (530,841) |
| Adjustments to reconcile net loss to net cash provided by operating activities: | ||
| Depreciation and amortization | 52,552 | 44,259 |
| Deferred income taxes | (8,446) | (4,423) |
| Equity in net loss of equity-method investees | 351 | 1,813 |
| Stock-based compensation, net | 5,471 | 8,149 |
| Goodwill impairment | 193,219 | 428,882 |
| Long-lived asset and intangibles impairment | 27,394 | 66,940 |
| Loss (gain) on sale of assets | 48,710 | (3,194) |
| Other non-cash items, net | 3,589 | 2,138 |
| Increase (decrease) in cash attributable to changes in operating assets and liabilities: | ||
| Accounts receivable | 35,806 | 25,204 |
| Inventories | 72,934 | (3,354) |
| Other current assets | (37,621) | 3,114 |
| Other assets and liabilities | (4,138) | 1,320 |
| Accounts payable and accrued expenses | (6,629) | (17,892) |
| Net cash provided by operating activities | 78,269 | 22,115 |
| CASH FLOWS FROM INVESTING ACTIVITIES | ||
| Proceeds from sale of assets, net | 102,566 | 13,970 |
| Purchases of property, plant and equipment | (20,613) | (25,284) |
| Investments and joint ventures, including proceeds from dispositions | — | 12,570 |
| Proceeds from termination of net investment hedges | — | 2,363 |
| Net cash provided by investing activities | 81,953 | 3,619 |
| CASH FLOWS FROM FINANCING ACTIVITIES | ||
| Borrowings under bank revolving credit facility | 190,000 | 221,000 |
| Repayments under bank revolving credit facility | (229,500) | (245,500) |
| Repayments under term loan | (108,600) | (15,000) |
| Payments of other debt, net | (2,666) | (3,524) |
| Employee shares withheld for taxes | (348) | (1,414) |
| Proceeds from termination of fair value hedge | — | 552 |
| Net cash used in financing activities | (151,114) | (43,886) |
| Effect of exchange rate changes on cash | (5,385) | 18,200 |
| Net increase in cash and cash equivalents | 3,723 | 48 |
| Cash and cash equivalents at beginning of year | 54,355 | 54,307 |
| Cash and cash equivalents at end of year | 58,078 | 54,355 |
Amounts as printed on the EDGAR/iXBRL face — (In thousands, except per share amounts); (In thousands, except par values); (In thousands). Labels, columns, and figures are the filing face, not a GAAP stencil. Interactive statements & notes on EDGAR ↗
About HAIN CELESTIAL GROUP INC
Source: Item 1 (Business) from the 10-K filed September 14, 2026. Description as filed by the company with the SEC.
Item 1. Business
Overview
The Hain Celestial Group, Inc., a Delaware corporation (collectively with its subsidiaries, the “Company,” “Hain Celestial,” “we,” “us” or “our”) was founded in 1993. Hain Celestial is a leading global health and wellness company whose purpose is to inspire healthier living for people, communities and the planet through better-for-you brands. For more than 30 years, Hain Celestial has intentionally focused on delivering nutrition and well-being that positively impacts today and tomorrow. Headquartered in Hoboken, N.J., Hain Celestial’s products across beverages, yogurt, baby/kids and meal preparation are marketed and sold around the world.
The Company’s leading brands include Celestial Seasonings® teas, The Greek Gods® yogurt, Earth’s Best® Organic and Ella’s Kitchen® baby and kids foods, Joya® and Natumi® plant-based beverages, Hartley’s® jelly, as well as Cully & Sully®, Yorkshire Provender®, and New Covent Garden® soups, among others.
Our Strategy
During the fourth quarter of fiscal year 2025, we announced that our Board of Directors was conducting a comprehensive review of the Company’s portfolio with the assistance of our independent financial advisor.
North American Snacks Transaction
As part of this review, on February 27, 2026, the Company completed the sale (the “North American Snacks Transaction”) of its North American Snacks business, including Garden Veggie Snacks™, Terra® chips and Garden of Eatin’® snacks as well as certain private label products (the “North American Snacks Business”) and received $111.2 million in cash, reflecting the total purchase price of $115.0 million less the holdback of an estimate for a customary inventory adjustment, which was finalized following the closing. The Company used the net proceeds of $101.1 million from the North American Snacks Transaction to reduce the Company’s indebtedness.
Read full description ↓
International Business Transaction
As an additional step in the strategic review, on September 12, 2026, the Company entered into a Share Purchase Agreement (the “Purchase Agreement”) with entities (the “Purchasers”) affiliated with global private equity firm AURELIUS pursuant to which, subject to the terms and conditions set forth therein, the Purchasers have agreed to acquire from the Company (the “International Business Transaction”) the entities that operate Hain Celestial’s International business in the United Kingdom, Ireland and Europe, including Ella’s Kitchen® baby and kids foods, Joya® and Natumi® plant-based beverages, Hartley’s® jelly, as well as Cully & Sully®, Yorkshire Provender®, and New Covent Garden® soups (collectively, the “International Business”).
The gross sale price for the International Business Transaction is £233.0 million, plus an additional locked box ticker amount expected to be approximately £5.5 million (depending on the date on which closing occurs) to compensate the Company for profits of the International Business during a specified period, for an estimated aggregate gross sale price of £238.5 million, or approximately $323.2 million. The aggregate net cash proceeds to be realized, after transaction expenses and taxes and including cash to be distributed from the International Business prior to closing, are expected to be between £225.1 million and £228.8 million, or between approximately $305.0 million and $310.0 million. Upon closing of the International Business Transaction, the Company would use the net proceeds to reduce the Company’s indebtedness. The foregoing U.S. Dollar figures are based on current foreign exchange rates and are subject to change based on foreign exchange rates in effect at the time the International Business Transaction closes.
Consummation of the International Business Transaction is subject to the following closing conditions: (1) customary regulatory consents, approvals or non-objections from regulatory authorities in the United Kingdom, Austria, Ireland, Germany and Belgium, and (2) by October 12, 2026, the Company and its lenders entering into an amendment of the Company’s credit agreement, which currently has a maturity date of December 22, 2026, to extend such maturity date by not less than nine months. If the credit agreement amendment is not entered into by October 12, 2026, the Purchasers may terminate the Purchase Agreement.
The Company remains in active discussions with its lenders to reach an agreement on an amendment of the Company’s credit agreement that would satisfy the closing condition for the International Business Transaction. While there can be no assurance that a credit agreement amendment will be obtained, the Company’s Board of Directors believes that extending the maturity date and completing the International Business Transaction would be in the best interests of the Company and its stakeholders.
Subject to the satisfaction of the closing conditions, the International Business Transaction is currently expected to close in the Company’s fiscal second quarter ending December 31, 2026.
Products
We continuously evaluate our existing products for quality, taste, nutritional value and cost and make improvements where possible. We discontinue products or stock keeping units when sales of those items do not warrant further production. The following section details the various products that are categorized under distinct brands corresponding to our reportable segments.
Segments
The Company’s organizational structure consists of two geographic based reportable segments: North America and International, which are also the operating segments. This structure is in line with how the Company’s Chief Operating Decision Maker (“CODM”) assesses the Company’s performance and allocates resources. The President and Chief Executive Officer is the CODM of the Company. The Company’s measure of segment profitability is Adjusted EBITDA and the CODM also uses net sales in order to analyze segment results and trends to allocate resources. On a monthly basis, the CODM reviews how actual results compare to forecasts and prior periods when making decisions regarding strategic initiatives and capital investments to segments.
See “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Item 7 and Note 20, Segment Information, in the Notes to the Consolidated Financial Statements included in Part II, Item 8 of this Form 10-K for additional details.
North America Segment:
United States
Our products are sold throughout the U.S. Our customer base consists principally of supermarkets and natural food stores, mass-market, club stores, specialty and natural food distributors, e-commerce retailers, and away from home channels, including drug and convenience stores and food service. Our products are sold through a combination of direct salespeople, brokers and distributors. We believe that our direct salespeople combined with brokers and distributors provide an effective means of reaching a broad and diverse customer base. Brokers act as agents for us within designated territories and receive commissions. A portion of our direct sales force is organized into dedicated teams to serve our significant customers.
A significant portion of the products marketed by us are sold through independent distributors. Food distributors purchase products from us for resale to retailers.
The brands sold in the U.S. include:
•
Yogurt products include The Greek Gods® Greek-style yogurt products.
•
Tea products under the Celestial Seasonings® brand and include varieties of herbal, green, black, wellness, rooibos and chai teas, with well-known names and products such as Sleepytime®, Lemon Zinger®, Red Zinger®, Cinnamon Apple Spice, Bengal Spice®, Country Peach Passion® and Tea Well®.
•
Baby and kid food products include infant cereals, baby food pouches, snacks, infant and toddler formula, and frozen toddler and kids’ foods under the Earth’s Best® brand.
•
Pantry products include Spectrum® culinary oils, vinegars and condiments, Spectrum Essentials® nutritional oils and supplements, MaraNatha® nut butters and Imagine® broths.
•
Personal care products include hand, skin, hair and sun care products under the Alba Botanica®, Avalon Organics® and JASON® brands.
Canada
Our products are sold throughout Canada. Our customer base consists principally of grocery supermarkets, club stores, mass merchandisers, natural food distributors, drug store chains, personal care distributors, and food service distributors. Our products are sold through our own retail direct sales force. We also utilize third-party brokers who receive commissions and sell to food service and retail customers. We utilize a third-party merchandising team for retail execution. As in the U.S., a portion of the products marketed by us are sold through independent distributors.
The brands sold in Canada include the Greek Gods® Greek-style yogurt, tea products under the Celestial Seasonings® brand, Imagine® soups, Earth’s Best® infant formula, MaraNatha® nut butters, Spectrum® cooking and culinary oils, and Robertson’s® marmalades. Our personal care products include skin, hair and oral care products, sun care products and deodorants under the
Alba Botanica®, Avalon Organics®, JASON® and Live Clean® brands. During the fiscal year 2026, we completed the closure of the Yves Veggie Cuisine® refrigerated and frozen meat-alternative snacks and meals business and sold associated intellectual property.
International Segment:
United Kingdom
In the United Kingdom, our products include baby and toddler food, soups, plant-based and meat-free dishes and meals, as well as ambient products such as jams, fruit spreads, jellies, marmalades, nut butters, syrups and dessert sauces.
The products sold in the United Kingdom include Ella’s Kitchen® premium organic infant and toddler foods, New Covent Garden Soup Co.®, Yorkshire Provender® and Cully and Sully® chilled soups, private label and Farmhouse Fare™ hot-eat desserts, Linda McCartney’s® (under license) frozen plant-based dishes and meals, Hartley’s® jams, fruit spreads and jellies, Sun-Pat® nut butters, Clarks™ natural sweeteners and Robertson’s®, Frank Cooper’s® and Rose’s® (under license) marmalades and conserves. We also provide a comprehensive range of private label products to many grocery and organic food retailers, convenience stores and food service providers in the following categories: fresh soup, chilled desserts, meat-free dishes and meals and ambient grocery products.
Our products are principally sold throughout the United Kingdom and Ireland but are also sold in Europe and other parts of the world. Our customer base consists principally of retailers, convenience stores, food service providers, business to business, natural food and ethnic specialty distributors, club stores, e-commerce retailers and wholesalers.
Western Europe
Our products sold by the Western Europe reporting unit include, among others, products sold under the Joya®, Lima® and Natumi® brands. The Lima® brand includes a wide range of organic products such as soy sauce and condiments, plant-based beverages and coffee alternatives. Our Natumi® brand includes plant-based beverages, including rice, almond, soy, oat, cashew and spelt. Our Joya® brand includes soy, almond, oat, rice and nut-based drinks as well as plant-based yogurts, desserts and creamers. We also sell our Hartley’s® jams, fruit spreads and jellies, Celestial Seasonings® teas, Linda McCartney’s® (under license) frozen plant-based dishes and meals, Cully & Sully® chilled soups and ready meals, Happy Rice® drink and private label products in Western Europe.
Our products are sold in grocery stores and organic food stores throughout Europe, the Middle East and Africa. Our products are sold using our own direct sales force and local distributors.
Customers
Walmart Inc. and its affiliates together accounted for approximately 13% and 18% of our consolidated net sales for the fiscal years ended June 30, 2026 and 2025, respectively, which was related to both of our reportable segments, North America and International. No other customer accounted for at least 10% of our net sales in any of the past two fiscal years.
Foreign Operations
We sell our products to customers worldwide. Sales outside of the U.S. represented approximately 53% and 50% of our consolidated net sales in fiscal 2026 and 2025, respectively.
Marketing
We aim to meet the consumer at multiple points in their journey, across the digital and omni channel ecosystem, communicating both in-store and online. We use a combination of trade and consumer advertising and promotion. Trade advertising and promotion include placement fees, cooperative advertising, feature advertising in distribution catalogs and in-store merchandising in prominent and secondary locations.
Consumer advertising and promotion is used to build brand awareness and equity, drive trial to bring in new consumers and retain existing users to increase household penetration and consumption. Paid social and digital advertising, including retailer media and public relations programs, are the main drivers of brand awareness. Trial and conversion tactics include, but are not limited to, product search on search engines and e-commerce sites, digital coupons, product sampling, direct mail and e-consumer relationship programs. Additionally, brand specific websites and social media pages are used to engage consumers with lifestyle, product and usage information related to specific brands.
We also utilize marketing arrangements with third parties to help create awareness and advocacy and leverage various influencers to help increase brand reach and relevance.
New Product Initiatives Through Research and Development
Innovation, including new product development, is a key component of our strategy. We continuously seek to understand our consumers and develop products that address changing consumer needs. In addition to developing new products, our research and development staff routinely reformulates and improves existing products based on advances in ingredients, packaging and technology. In addition to our Company-sponsored research and development activities, in order to quickly and economically introduce our new products to market, we may partner with contract manufacturers that make our products according to our formulas or other specifications. The Company also partners with certain customers from time to time on exclusive customer initiatives.
Production/Manufacturing
During fiscal 2026 and 2025, approximately 53% and 64%, respectively, of our revenue was derived from products manufactured at our own facilities.
Our North America reportable segment operates the following manufacturing facilities:
•
Boulder, Colorado, which produces Celestial Seasonings® teas; and
•
Mississauga, Ontario, which produces Live Clean®, Alba Botanica®, Avalon Organics®, and JASON® personal care products (see Note 4, Assets and Liabilities Held for Sale).
Our International reportable segment operates the following manufacturing facilities:
•
Histon, England, which produces our ambient grocery products including Hartley’s®, Frank Cooper’s®, Robertson’s® and Clarks™;
•
Grimsby, England, which produces our New Covent Garden Soup Co.® and Yorkshire Provender® chilled soups;
•
Clitheroe, England, which produces our private label and Farmhouse FareTM hot-eat desserts;
•
Fakenham, England, which produces Linda McCartney’s® (under license) meat-free frozen and chilled dishes and meals;
•
Troisdorf, Germany, which produces Natumi®, Lima®, Joya® and other plant-based beverages and private label products;
•
Oberwart, Austria, which produces our Lima® and Joya® plant-based foods and beverages, creamers, cooking creams and private label products; and
•
Schwerin, Germany, which also produces our Lima® and Joya® plant-based foods and beverages and private label products.
See “Item 2. Properties” of this Form 10-K for more information on the manufacturing facilities that we operate.
Contract Manufacturers
In addition to the products manufactured in our own facilities, independent third-party contract manufacturers, who are referred to in our industry as co-manufacturers or co-packers, manufacture many of our products. In general, utilizing co-packers provides us with the flexibility to produce a large variety of products quickly and economically. Our contract manufacturers have been selected based on their production capabilities, capitalization and specific product category expertise, and we expect to continue to partner with them to improve and expand our product offerings. During fiscal 2026 and 2025, approximately 47% and 36%, respectively, of our sales were derived from products manufactured by co-packers. We require that our co-packers comply with all applicable regulations and our quality and food safety program requirements, and compliance is verified through auditing and other activities. Additionally, the co-packers are required to ensure our products are manufactured in accordance with our finished goods specifications to ensure we meet customer expectations.
Suppliers of Ingredients and Packaging
Agricultural commodities and ingredients, including tea and herbs, dairy products, vegetables, fruits, oils, grains, nuts and spices, are the principal inputs used in our food and beverage products. Our primary packaging supplies are cartons, paper, paperboard, jars, pouches and printed film. We strive to maintain a global supplier base that provides innovative ideas and sustainable packaging alternatives.
Our raw materials and packaging materials are obtained from various suppliers around the world. The Company works with its suppliers to ensure the quality and safety of their ingredients and that such ingredients meet our specifications and comply with
applicable regulations. These assurances are supported by our purchasing contracts, supplier expectations manual, supplier code of conduct, supplier scorecards and technical assessments, including questionnaires, scientific data, certifications, affidavits, certificates of analysis and analytical testing, where required. Our purchasers and quality team visit major suppliers around the world to procure competitively priced, quality ingredients that meet our specifications.
We maintain long-term relationships with many of our suppliers. Purchases are made through purchase orders or contracts, and price, delivery terms and product specifications vary.
Agricultural commodities and ingredients are subject to price volatility which can be caused by a variety of factors. We attempt to mitigate the input price volatility with a combination of price increases to our customers, purchasing strategies, cost savings initiatives and operating efficiencies.
Competition
We operate in a highly competitive environment. Our products compete with both large conventional packaged goods companies and natural and organic packaged foods companies. Many of these competitors enjoy significantly greater resources. In addition to these competitors, in each of our categories we compete with many regional and small, local niche brands. Given limited retailer shelf space and merchandising events, competitors actively support their respective brands with marketing, advertising and promotional spending. In addition, most retailers market similar items under their own private label, which compete for the same shelf space.
Competitive factors in the packaged foods industry include product quality and taste, brand awareness and loyalty, price, product variety, interesting or unique product names, product packaging and package design, shelf space, reputation, advertising, promotion and nutritional claims.
Trademarks
We believe that brand awareness is a significant component in a consumer’s decision to purchase one product over another in the highly competitive consumer packaged goods industry. We generally register our trademarks and brand names in the U.S., Canada, the European Union, the United Kingdom (“U.K.”) and/or other foreign countries depending on the area of distribution of the applicable products. We intend to keep these filings current and seek protection for new trademarks to the extent consistent with business needs. We monitor trademark registers worldwide and take action to enforce our rights as we deem appropriate. We believe that our trademarks are significant to the marketing and sale of our products and that the inability to utilize certain of these names and marks, and/or the inability to prevent third parties from using similar names or marks, could have a material adverse effect on our business.
Our International segment also markets products under brand names licensed under trademark license arrangements, including Linda McCartney’s® and Rose’s®.
Government Regulation
We are subject to extensive regulations in the U.S. by federal, state and local government authorities. In the U.S., the federal agencies governing the manufacture, marketing and distribution of our products include, among others, the Federal Trade Commission (“FTC”), the United States Food & Drug Administration (“FDA”), the United States Department of Agriculture (“USDA”), the United States Environmental Protection Agency (“EPA”) and the Occupational Safety and Health Administration (“OSHA”). Under various statutes, these agencies prescribe and establish, among other things, the requirements and standards for quality, safety and representation of our products to the consumer in labeling and advertising.
Internationally, we are subject to the laws and regulatory authorities of the foreign jurisdictions in which we manufacture and sell our products, including the Canadian Food Inspection Agency, Health Canada, Food Standards Agency in the United Kingdom, and the European Food Safety Authority.
Quality Control
We utilize a comprehensive product safety and quality management program, which employs strict manufacturing procedures, expert technical knowledge on food safety science, employee training, ongoing process innovation, use of quality ingredients and both internal and independent auditing. In the U.S., our Company-owned food manufacturing facility has a Food Safety Plan (“FSP”), which focuses on preventing food safety risks and is compliant with the requirements set forth under the Food Safety Modernization Act (“FSMA”). In addition, we have individuals on the Quality team that have Preventive Controls Qualified Individual (“PCQI”) and Foreign Supplier Verification Training; each training follows a standardized curriculum recognized by the FDA.
We conduct audits of our contract manufacturers to address topics such as allergen control; ingredient, packaging and product specifications; and sanitation. Under the FSMA, each of our contract manufacturers is required to have a FSP, a Hazard Analysis Critical Control Plant (“HACCP”) plan or a hazard analysis critical control points plan that identifies critical pathways for contaminants and mandates control measures to be in place to mitigate food-borne hazards.
Seasonality
Certain of our product lines have seasonal fluctuations. For example, hot tea and soup sales are stronger in colder months. As such, our results of operations and our cash flows for any particular quarter are not indicative of the results we expect for the full year, and our historical seasonality may not be indicative of future quarterly results of operations. Historically, net sales and profitability in the first fiscal quarter have typically been the lowest of our four quarters.
Human Capital Resources
As of June 30, 2026, we had approximately 1,800 employees, with 26% located in North America and 74% located outside of North America. Substantially all of our employees are full-time, permanent employees.
Our Board of Directors and its committees provide oversight of our policies and strategies related to talent management and culture, including employee engagement, workplace health and safety, and communication programs. Our employees are critical to our success. The following programs, initiatives and principles encompass some of the human capital objectives and measures that we focus on in managing our business and in seeking to attract and retain a talented workforce.
Our Purpose, Mission and Values
We are guided by our Purpose, Mission and Values.
Purpose:
To inspire healthier living for people, communities and the planet through better-for-you brands
Mission:
To build purpose-driven brands that make healthier living more attainable by empowering our people, engaging our partners, and living our values
Values:
(1) Be curious, (2) Foster inclusion, (3) Own it and (4) Win together
Employee Health and Safety
Employee safety is always front and center. We invest in the health, safety, development and well-being of our employees. In an effort to ensure workplace safety, we train employees on how to follow our detailed, written safety standards and procedures, and the law, and to watch for and report anything potentially harmful. Our safety key performance indicators are reviewed weekly, monthly and annually to ensure quick feedback and to address safety issues as soon as they arise.
Learning and Development
We offer a number of programs that help our employees progress in their careers. These programs include access to online learning and development tools as well as many additional local initiatives across our global locations to support employees on their career paths and develop leadership qualities and career skills in our global workforce.
Benefits
Our employee benefits vary by region but generally include:
•
Medical, Dental, and Vision Benefits;
•
Retirement Savings Plans;
•
Commuter Benefits;
•
Wellness Initiatives;
•
Tuition Reimbursement; and
•
Paid Parental Leave including births, adoptions or placements of foster children.
Impact
We are a leading global health and wellness company whose purpose is to inspire healthier living for people, communities, and the planet through better-for-you brands. Our Impact strategy focuses on our commitment to environmentally sound business practices, creating and selling better-for-you products, stakeholder and community impact initiatives and sustainable
manufacturing processes. More details about our Impact strategy and goals, including our most recent Impact Report, are available at hain.com/company/impact.
Our Impact Reports and the other information available at hain.com/company/impact are not, and shall not be deemed to be, a part of this Form 10-K or incorporated into any of our other filings made with the Securities and Exchange Commission (the “SEC”).
Company Website and Available Information
The following information can be found, free of charge, in the “Investor Relations” section of our corporate website at ir.hain.com:
•
our annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and all amendments to those reports as soon as reasonably practicable after such material is electronically filed with or furnished to the SEC;
•
our policies related to corporate governance, including our Code of Conduct applying to our directors, officers and employees (including our principal executive officer, principal financial officer and principal accounting officer) that we have adopted to meet the requirements set forth in the rules and regulations of the SEC and The Nasdaq Stock Market LLC; and
•
the charters of the Audit, Compensation, Nominating and Governance and Strategy Committees of our Board of Directors.
If the Company ever were to amend or waive any provision of its Code of Ethics that applies to the Company’s principal executive officer, principal financial officer, principal accounting officer or any person performing similar functions, the Company intends to satisfy its disclosure obligations, if any, with respect to any such waiver or amendment by posting such information on its website set forth above rather than by filing a Current Report on Form 8-K.
The Company may use its website as a distribution channel of material Company information. Financial and other important information regarding the Company is routinely posted on and accessible through the Company’s investor relations website at ir.hain.com. In addition, you may automatically receive email alerts and other information about the Company when you enroll your email address by visiting “E-mail Alerts” under the “IR Resources” section of our investor relations website. Information on the Company’s website is not incorporated by reference herein and is not a part of this Form 10-K.