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Akanksha Bakshi

INSANE: Hain celestial faces steeper losses as impairment charges hit weak sales | Vintage Vibes

HAIN Celestial Hain Celestial

New,York,,Usa,-,January,17,,2025:,Hain,Celestial,Website

The Hain Celestial Group, Inc. (NASDAQ:HAIN) stock tumbled after it reported weaker-than-expected results for its fiscal fourth quarter and year ended June 30, 2025, as impairment charges and soft demand weighed on performance.

Fourth-quarter net sales were $363.348 million, down 13% from a year earlier, missing analyst estimates of $371.46 million. Organic net sales decreased 11% on volume and mix declines.

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