Management

Hain Celestial Announces Highest Quarterly And Fiscal Year Net Sales In The Company's History

Aug. 21, 2014

LAKE SUCCESS, N.Y., Aug. 20, 2014 /PRNewswire/ -- The Hain Celestial Group, Inc. (NASDAQ: HAIN) a leading organic and natural products company providing consumers with A Healthier Way of Life™, today reported results for the fourth quarter and fiscal year ended June 30, 2014.

PERFORMANCE HIGHLIGHTS

Fourth Quarter Fiscal Year 2014

Record net sales of $583.8 million, a 26% increase
GAAP earnings per diluted share from continuing operations of $0.70, a 32% increase
Adjusted earnings per diluted share from continuing operations of $0.90, a 39% increase
Adjusted operating income of $73.9 million, 12.7% of net sales
Record adjusted EBITDA of $79.4 million, a 27% increase

Fiscal Year 2014

Record net sales of $2.154 billion, a 24% increase
GAAP earnings per diluted share from continuing operations of $2.83, a 12% increase
Adjusted earnings per diluted share from continuing operations of $3.17, a 25% increase
Adjusted operating income of $256.0 million, 11.9% of net sales
Record adjusted EBITDA of $300.0 million, a 27% increase
Operating free cash flow reached $143.2 million for the 12-months ended June 30, 2014

"We completed our fiscal year with record net sales by delivering solid performance across brands and geographies, and I am pleased with the results," said Irwin D. Simon, Founder, President and Chief Executive Officer of Hain Celestial. "Our US business continued to generate strong results as momentum for organic and natural products builds across various channels of distribution. Our UK business posted record sales with increased profit contribution and our Rest of World segment delivered high single digit sales growth." Full report.