The Hain Celestial Group Sees FY25 Organic Net Sales Growth To Be Flat Or Better (Prior View: Down 3%-4% YoY); Gross Margin Is Expected To Increase By At Least 125 Basis Points
Portfolio Pulse from Benzinga Newsdesk
The Hain Celestial Group has updated its fiscal 2025 guidance, expecting flat or better organic net sales growth, a gross margin increase of at least 125 basis points, mid-single-digit growth in adjusted EBITDA, and free cash flow of at least $60 million.
August 27, 2024 | 11:07 am
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Hain Celestial's updated FY25 guidance indicates potential stability and growth, with expectations for flat or better organic net sales, improved gross margins, and increased EBITDA.
The guidance suggests a positive outlook for Hain Celestial, with expectations for stable or improved sales and profitability metrics. The increase in gross margin and EBITDA growth indicates operational efficiency and potential profitability, which is likely to positively impact the stock price.
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