HAIN CELESTIAL GROUP INC Segments Disclosure
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 Interim is the CODM of the Company. The Company’s measure of segment profitability is Adjusted EBITDA of each reportable segment and also uses net sales in order to analyze segment results, trends and 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.
Segment Adjusted EBITDA excludes: net interest expense, income taxes, depreciation and amortization, equity in net loss of equity-method investees, stock-based compensation, net, unrealized and certain realized currency losses, certain litigation and related costs, plant closure related costs, net, productivity and transformation costs, warehouse and manufacturing consolidation and other costs, net, costs associated with acquisitions, divestitures and other transactions, (gain) loss on sale of assets, intangibles and long-lived asset impairments and other adjustments. In addition, Segment Adjusted EBITDA does not include Corporate and Other expenses related to the Company’s centralized administrative functions, which do not specifically relate to a reportable segment. Such Corporate and Other expenses are comprised mainly of compensation and related expenses of certain of the Company’s senior executive officers and other employees who perform duties related to the entire enterprise, litigation expense and expenses for certain professional fees, facilities, and other items which benefit the Company as a whole.
The following tables set forth financial information about each of the Company’s reportable segment’s revenue, significant segment expenses and measure of segment profit or loss for the fiscal years ended June 30, 2025, 2024 and 2023. Information about total assets by segment is not disclosed because such information is not reported to or used by the Company’s CODM for purposes of assessing segment performance or allocating resources. Transactions between reportable segments were insignificant for all periods presented.
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Fiscal Year Ended June 30, |
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2025 |
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2024 |
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2023 |
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Net Sales: |
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North America |
|
$ |
888,626 |
|
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$ |
1,055,527 |
|
|
$ |
1,139,162 |
|
International |
|
|
671,154 |
|
|
|
680,759 |
|
|
|
657,481 |
|
|
|
|
1,559,780 |
|
|
|
1,736,286 |
|
|
|
1,796,643 |
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Cost of sales, adjusted to exclude restructuring activities: |
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North America |
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|
(693,951 |
) |
|
|
(816,680 |
) |
|
|
(875,608 |
) |
International |
|
|
(530,006 |
) |
|
|
(529,812 |
) |
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(523,512 |
) |
|
|
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(1,223,957 |
) |
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(1,346,492 |
) |
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(1,399,120 |
) |
Marketing expense: |
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North America |
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|
(41,462 |
) |
|
|
(45,294 |
) |
|
|
(45,830 |
) |
International |
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|
(18,760 |
) |
|
|
(18,355 |
) |
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|
(17,833 |
) |
|
|
|
(60,222 |
) |
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(63,649 |
) |
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(63,663 |
) |
Other selling, general and administrative expenses, adjusted to exclude restructuring activities and depreciation and amortization: |
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North America |
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(102,867 |
) |
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(112,728 |
) |
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|
(117,277 |
) |
International |
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(64,323 |
) |
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(64,514 |
) |
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(62,708 |
) |
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|
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(167,190 |
) |
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(177,242 |
) |
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(179,985 |
) |
Depreciation and amortization and other adjustments: |
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North America |
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15,124 |
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17,903 |
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|
22,996 |
|
International |
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27,935 |
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26,896 |
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|
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29,517 |
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|
|
|
43,059 |
|
|
|
44,799 |
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|
|
52,513 |
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Segment Adjusted EBITDA: |
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North America |
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|
65,470 |
|
|
|
98,728 |
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|
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123,443 |
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International |
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86,000 |
|
|
|
94,974 |
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|
82,945 |
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Total Reportable Segments Adjusted EBITDA |
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151,470 |
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193,702 |
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206,388 |
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Corporate and Other |
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(37,681 |
) |
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(39,180 |
) |
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(39,766 |
) |
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|
|
113,789 |
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|
|
154,522 |
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|
|
166,622 |
|
Depreciation and amortization |
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(44,259 |
) |
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(44,665 |
) |
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(50,777 |
) |
Equity in net loss of equity-method investees |
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(1,813 |
) |
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(2,581 |
) |
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(1,134 |
) |
Interest expense, net |
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(47,773 |
) |
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(54,232 |
) |
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(43,936 |
) |
(Provision) benefit for income taxes |
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(15,297 |
) |
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|
7,820 |
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|
14,178 |
|
Stock-based compensation, net |
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(8,149 |
) |
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(12,704 |
) |
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(14,423 |
) |
Unrealized and certain realized currency losses |
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(3,823 |
) |
|
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(17 |
) |
|
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(929 |
) |
Certain litigation expenses, net(a) |
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(3,473 |
) |
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(7,262 |
) |
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|
1,369 |
|
Restructuring activities |
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Productivity and transformation costs |
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|
(21,530 |
) |
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(27,741 |
) |
|
|
(7,284 |
) |
Plant closure related costs, net |
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(1,215 |
) |
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(5,251 |
) |
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(94 |
) |
Warehouse/manufacturing consolidation and other costs, net |
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(384 |
) |
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(995 |
) |
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(1,026 |
) |
CEO succession |
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(4,774 |
) |
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— |
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|
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(5,113 |
) |
Acquisitions, divestitures and other |
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Gain (loss) on sale of assets |
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3,194 |
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(4,384 |
) |
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3,529 |
|
Transaction and integration costs, net |
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|
488 |
|
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|
34 |
|
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(2,018 |
) |
Impairment charges |
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Goodwill impairment |
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(428,882 |
) |
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— |
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— |
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Intangibles and long-lived asset impairment |
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(66,940 |
) |
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(76,143 |
) |
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(175,501 |
) |
Other |
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— |
|
|
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(1,443 |
) |
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— |
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Net loss |
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$ |
(530,841 |
) |
|
$ |
(75,042 |
) |
|
$ |
(116,537 |
) |
(a) Expenses and items relating to securities class action, baby food litigation and SEC investigation.
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Fiscal Year Ended June 30, |
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2025 |
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2024 |
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2023 |
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Snacks |
|
$ |
371,012 |
|
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$ |
463,261 |
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$ |
486,411 |
|
Baby & Kids |
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|
241,553 |
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|
252,481 |
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|
284,834 |
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Beverages |
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|
245,147 |
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|
253,008 |
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|
239,199 |
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Meal Preparation |
|
|
639,506 |
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|
662,116 |
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|
653,114 |
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Personal Care |
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|
62,562 |
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|
105,420 |
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|
133,085 |
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$ |
1,559,780 |
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$ |
1,736,286 |
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$ |
1,796,643 |
|
The Company’s net sales by geographic region, which are generally based on the location of the Company’s subsidiary, are as follows:
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Fiscal Year Ended June 30, |
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2025 |
|
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2024 |
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2023 |
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United States |
|
$ |
777,605 |
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$ |
940,367 |
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$ |
1,025,988 |
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United Kingdom |
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|
492,046 |
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|
497,150 |
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|
477,400 |
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Western Europe |
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|
179,108 |
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|
183,609 |
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|
180,080 |
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Canada |
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|
111,021 |
|
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|
115,160 |
|
|
|
113,175 |
|
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$ |
1,559,780 |
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$ |
1,736,286 |
|
|
$ |
1,796,643 |
|
The Company’s long-lived assets, which primarily represent property, plant and equipment, net and operating lease right-of-use assets, net by geographic region are as follows:
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Fiscal Year Ended June 30, |
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2025 |
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2024 |
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United States |
|
$ |
129,558 |
|
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$ |
137,398 |
|
United Kingdom |
|
|
129,799 |
|
|
|
125,945 |
|
Western Europe |
|
|
65,491 |
|
|
|
66,785 |
|
Canada |
|
|
11,053 |
|
|
|
18,236 |
|
|
|
$ |
335,901 |
|
|
$ |
348,364 |
|
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Sep 15, 2025 | Showing above |
| 2024 | Aug 27, 2024 | |
| 2017 | Sep 13, 2017 | |
About Segments Disclosures
Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.
Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.