Hain Celestial Group FY2024 Adj. EBITDA Guidance of $155M - $165M
Portfolio Pulse from Benzinga Newsdesk
Hain Celestial Group has provided its fiscal 2024 guidance, expecting an inflection point with a return to top line growth. The company anticipates low single digit organic net sales growth in both North America and International segments. Adjusted net sales are expected to increase by 2% to 4% compared to the previous year, and adjusted EBITDA is projected to be between $155 million and $165 million.
August 24, 2023 | 11:04 am
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Hain Celestial Group's FY2024 guidance indicates a return to top line growth with adjusted net sales expected to increase by 2% to 4% YoY and adjusted EBITDA projected between $155M-$165M.
The company's guidance for FY2024 indicates a positive outlook with a return to top line growth. This could potentially boost investor confidence and have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100