Exhibit 99.1

haincelestialnewlogoa01a481a.jpg
Hain Celestial Reports Third Quarter Fiscal Year 2021 Financial Results

244 Basis Point Expansion of Gross Margin

Net Income Growth of 37%

Adjusted EBITDA Growth of 22%

Gross Margin Improvement and Adjusted EBITDA Growth Expected to Continue

Lake Success, NY, May 6, 2021—The Hain Celestial Group, Inc. (Nasdaq: HAIN) (“Hain Celestial”, “Hain” or the “Company”), a leading organic and natural products company with operations in North America, Europe, Asia and the Middle East providing consumers with A Healthier Way of Life™, today reported financial results for the third quarter ended March 31, 2021. The results contained herein are presented with the Hain Pure Protein and Tilda operating segments being treated as discontinued operations. All growth comparisons are against the corresponding prior year period unless otherwise noted.

Mark L. Schiller, Hain Celestial’s President and Chief Executive Officer, commented, “We are pleased with our strong third quarter results. We successfully lapped the March 2020 stock up period to deliver sales in line with our guidance, several hundred basis points of margin improvement and strong adjusted EBITDA growth. I am extremely proud of our team which continues to execute more than a full year into this challenging macro operating environment. As a result, I remain confident we will continue to see growth in our get bigger businesses, solid margin expansion and profit growth as we progress through the remainder of fiscal year 2021.”

FINANCIAL HIGHLIGHTS1

Summary of Third Quarter Results from Continuing Operations2
•    Net sales decreased 11% to $492.6 million compared to the prior year period.
•    When adjusted to exclude the effects of foreign exchange, divestitures and discontinued brands, net sales decreased 6% compared to the prior year period.
•    Gross margin of 26.4%, a 244 basis point increase from the prior year period.
•    Adjusted gross margin of 27.4%, a 317 basis point increase from the prior year period.
•    Operating income of $49.6 million compared to $19.1 million in the prior year period.
•    Adjusted operating income of $59.7 million compared to $45.7 million in the prior year period.
•    Net income of $34.3 million compared to $25.0 million in the prior year period.
•    Adjusted net income of $44.7 million compared to $28.8 million in the prior year period.
•    Adjusted EBITDA of $73.8 million compared to $60.7 million in the prior year period.
•    Adjusted EBITDA margin of 15.0%, a 400 basis point increase compared to the prior year period.
•    Earnings per diluted share (“EPS”) of $0.34 compared to $0.24 in the prior year period.
•    Adjusted EPS of $0.44 compared to $0.28 in the prior year period.
•    Repurchased 0.2 million shares, or 0.2% of the outstanding common stock, at an average price of $41.86 per share.





1This press release includes certain non-GAAP financial measures, which are intended to supplement, not substitute for, comparable GAAP financial measures. Reconciliations of non-GAAP financial measures to GAAP financial measures and other non-GAAP financial calculations are provided herein in the tables.
2Unless otherwise noted all results included in this press release are from continuing operations.














The Hain Celestial Group, Inc. • 1111 Marcus Avenue • Lake Success, NY 11042
516-587-5000 • www.hain.com
1

SEGMENT HIGHLIGHTS FROM CONTINUING OPERATIONS

The Company operates under two reportable segments: North America and International.

North America
North America net sales in the third quarter were $287.5 million, a decrease of 10% compared to the prior year period. When adjusted for foreign exchange, divestitures and discontinued brands, net sales decreased 8% from the prior year period. On an adjusted basis, the decrease was primarily driven by a large program with a wholesale club which was not repeated in the current quarter and pantry stocking in the prior year quarter as a result of stay-at-home orders at the beginning of the COVID-19 pandemic.

Segment gross profit in the third quarter was $78.5 million, a 5% decrease from the prior year period. Adjusted gross profit was $81.8 million, a decrease of 3% from the prior year period. Gross margin was 27.3%, a 152 basis point increase from the prior year period, and adjusted gross margin was 28.4%, a 208 basis point increase from the prior year period.

Segment operating income in the third quarter was $39.5 million, a 37% increase from the prior year period. Adjusted operating income was $43.9 million, a 15% increase from the prior year period.

Adjusted EBITDA in the third quarter was $48.5 million, a 13% increase from the prior year period. As a percentage of sales, North America adjusted EBITDA margin was 16.9%, a 348 basis point increase from the prior year period.

International
International net sales in the third quarter were $205.1 million, a decrease of 12% compared to the prior year period. When adjusted for foreign exchange, divestitures and discontinued brands, net sales decreased 3% compared to the prior year period. On an adjusted basis, the decrease was mainly due to United Kingdom customer inventory reductions that were elevated in Q2 in anticipation of potential Brexit supply disruptions as well as pantry stocking in the prior year quarter as a result of stay-at-home orders at the beginning of the COVID-19 pandemic.

Segment gross profit in the third quarter was $51.4 million, a 3% increase from the prior year period. Adjusted gross profit was $53.3 million, an increase of 7% from the prior year period. Gross margin was 25.1%, a 368 basis point increase from the prior year period, and adjusted gross margin was 26.0%, a 464 basis point increase from the prior year period.

Segment operating income in the third quarter was $26.8 million, a 44% increase from the prior year period. Adjusted operating income was $29.6 million, an increase of 28% from the prior year period.

Adjusted EBITDA in the third quarter was $36.7 million, a 19% increase from the prior year period. As a percentage of sales, International adjusted EBITDA margin was 17.9%, a 463 basis point increase from the prior year period.

CAPITAL MANAGEMENT

During the third quarter of fiscal year 2021, the Company repurchased 0.2 million shares, or 0.2% of the outstanding common stock, at an average price of $41.86 per share for a total of $8.6 million, excluding commissions under our share repurchase program. As of March 31, 2021, the Company had remaining authorization of $109.5 million under this program.

SALE OF NORTH AMERICA NON-DAIRY BEVERAGES BRANDS, DREAM® AND WESTSOY®

On April 15, 2021, the Company completed the divestiture of its North America non-dairy beverages brands, Dream® and WestSoy®, to SunOpta Inc. for $33 million subject to customary post-closing adjustments.

FISCAL YEAR 2021 GUIDANCE

The Company reaffirms its expectation for gross and adjusted EBITDA margin expansion as well as strong double-digit adjusted EBITDA and operating free cash flow growth for fiscal year 2021. For the fourth quarter fiscal year 2021, in comparison to the prior year period, the Company expects (a) strong gross margin and EBITDA margin improvement, (b) adjusted EBITDA growth near 10% and (c) 5% to 8% decline in net sales when adjusted for foreign














The Hain Celestial Group, Inc. • 1111 Marcus Avenue • Lake Success, NY 11042
516-587-5000 • www.hain.com
2

exchange, divestitures and discontinued brands. Compared to the fourth quarter of fiscal year 2019, we expect mid-single digit growth in net sales when adjusted for foreign exchange, divestitures and discontinued brands.

Contacts:
Chris Mandeville and Anna Kate Heller
ICR
hain@icrinc.com

Webcast Presentation
Hain Celestial will host a conference call and webcast today at 8:30 AM Eastern Time to discuss its results and business outlook. The call will be webcast and the accompanying presentation will be available under the Investor Relations section of the Company’s website at www.hain.com.

About The Hain Celestial Group, Inc.
The Hain Celestial Group (Nasdaq: HAIN), headquartered in Lake Success, NY, is a leading organic and natural products company with operations in North America, Europe, Asia and the Middle East. Hain Celestial participates in many natural categories with well-known brands that include Celestial Seasonings®, Clarks™, Cully & Sully®, Earth's Best®, Ella's Kitchen®, Farmhouse Fare™, Frank Cooper's®, GG UniqueFiber®, Gale's®, Garden of Eatin'®, Hain Pure Foods®, Hartley's®, Health Valley®, Imagine®, Joya®, Lima®, Linda McCartney's®™ (under license), MaraNatha®, Natumi®, New Covent Garden Soup Co.®, Robertson's®, Sensible Portions®, Spectrum®, Sun-Pat®, Terra®, The Greek Gods®, William's™, Yorkshire Provender® and Yves Veggie Cuisine®. The Company's personal care products are marketed under the Alba Botanica®, Avalon Organics®, Earth's Best®, JASON®, Live Clean®, One Step® and Queen Helene® brands.

Safe Harbor Statement
Certain statements contained in this press release constitute “forward-looking statements” within the meaning of federal securities laws, including the Private Securities Litigation Reform Act of 1995. Forward-looking statements are predictions based on expectations and projections about future events and are not statements of historical fact. You can identify forward-looking statements by the use of forward-looking terminology such as “plan,” “continue,” “expect,” “anticipate,” “intend,” “predict,” “project,” “estimate,” “likely,” “believe,” “might,” “seek,” “may,” “will,” “remain,” “potential,” “can,” “should,” “could,” “future” and similar expressions, or the negative of those expressions, or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. You can also identify forward-looking statements by discussions of the Company’s strategic initiatives, including productivity and transformation, the Company’s guidance for fiscal year 2021 and our future performance and results of operations.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, levels of activity, performance or achievements of the Company, or industry results, to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements, and you should not rely on them as predictions of future events. Forward-looking statements depend on assumptions, data or methods that may be incorrect or imprecise and may not be able to be realized. We do not guarantee that the transactions and events described will happen as described (or that they will happen at all). Such factors include, among others, challenges and uncertainty resulting from the COVID-19 pandemic, the impact of competitive products and changes to the competitive environment, changes to consumer preferences, general economic and financial market conditions, potential legal claims and other risks relating to regulatory requirements, government investigations and other regulatory enforcement actions, the United Kingdom’s exit from the European Union, consolidation of customers or the loss of a significant customer, reliance on independent distributors, risks associated with our international sales and operations, our ability to manage our supply chain effectively, volatility in the cost of commodities, ingredients, freight and fuel, our ability to implement cost savings initiatives, the impact of our debt covenants, the potential discontinuation of LIBOR, our ability to manage our financial reporting and internal control system processes, costs incurred due to pending and future litigation, potential liability, including in connection with indemnification obligations to our former officers and members of our Board of Directors that may not be covered by insurance, potential liability if our products cause illness or physical harm, impairments in the carrying value of goodwill or other intangible assets, our ability to consummate divestitures, the availability of organic ingredients, disruption of operations at our manufacturing facilities, loss of one or more independent co-packers, disruption of our transportation systems, risks relating to the protection of intellectual property, the risk of liabilities and claims with respect to environmental matters, the reputation of our brands, our reliance on independent certification for a number of our products, and other risks detailed from time-to-time in the Company’s reports filed with the United States Securities and Exchange Commission, including our most recent Annual Report on Form 10-K and














The Hain Celestial Group, Inc. • 1111 Marcus Avenue • Lake Success, NY 11042
516-587-5000 • www.hain.com
3

our subsequent reports on Forms 10-Q and 8-K. As a result of the foregoing and other factors, the Company cannot provide any assurance regarding future results, levels of activity and achievements of the Company, and neither the Company nor any person assumes responsibility for the accuracy and completeness of these statements. All forward-looking statements contained herein apply as of the date hereof or as of the date they were made and, except as required by applicable law, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors or new methods, future events or other changes.

Non-GAAP Financial Measures
This press release and the accompanying tables include non-GAAP financial measures, including adjusted operating income and its related margin, adjusted gross margin, adjusted net income, adjusted earnings per diluted share, net sales adjusted for the impact of foreign exchange, divestitures and discontinued brands, adjusted EBITDA and its related margin and operating free cash flow. The reconciliations of these non-GAAP financial measures to the comparable GAAP financial measures are provided herein in the tables. Management believes that the non-GAAP financial measures presented provide useful additional information to investors about current trends in the Company’s operations and are useful for period-over-period comparisons of operations. These non-GAAP financial measures should not be considered in isolation or as a substitute for the comparable GAAP measures. In addition, these non-GAAP measures may not be the same as similar measures provided by other companies due to potential differences in methods of calculation and items being excluded. They should be read only in connection with the Company’s Consolidated Statements of Operations and Cash Flows presented in accordance with GAAP.

Certain forward-looking non-GAAP financial measures included in this press release are not reconciled to the comparable forward-looking GAAP financial measures. The Company is not able to reconcile these forward-looking non-GAAP financial measures to their most directly comparable forward-looking GAAP financial measures without unreasonable efforts because the Company is unable to predict with a reasonable degree of certainty the type and extent of certain items that would be expected to impact GAAP measures but would not impact the non-GAAP measures. Such items may include income taxes, interest expense, stock-based compensation, impairments, gains or losses on sales of businesses, foreign exchange movements and other items. The unavailable information could have a significant impact on the Company’s GAAP financial results.

The Company believes presenting net sales at constant currency provides useful information to investors because it provides transparency to underlying performance in the Company’s consolidated net sales by excluding the effect that foreign currency exchange rate fluctuations have on period-to-period comparability given the volatility in foreign currency exchange markets. To present this information for historical periods, current period net sales for entities reporting in currencies other than the U.S. dollar are translated into U.S. dollars at the average monthly exchange rates in effect during the corresponding period of the prior fiscal year, rather than at the actual average monthly exchange rate in effect during the current period of the current fiscal year. As a result, the foreign currency impact is equal to the current year results in local currencies multiplied by the change in average foreign currency exchange rate between the current fiscal period and the corresponding period of the prior fiscal year.

The Company provides net sales adjusted for the impact of foreign currency, divestitures and discontinued brands to understand the growth rate of net sales excluding the impact of such items. The Company’s management believes net sales adjusted for such items is useful to investors because it enables them to better understand the growth of our business from period-to-period.

The Company defines adjusted EBITDA as net income (loss) before income taxes, net interest expense, depreciation and amortization, equity in net (income) loss of equity-method investees, stock-based compensation, net, unrealized currency gains and losses, productivity and transformation costs, proceeds from an insurance claim, impairment of long-lived assets and intangibles, warehouse and manufacturing consolidation and other costs, gains or losses on sales of businesses, litigation and related expenses, plant closure related costs, SKU rationalization and inventory write-downs and other adjustments. The Company’s management believes that these presentations provide useful information to management, analysts and investors regarding certain additional financial and business trends relating to its results of operations and financial condition. In addition, management uses these measures for reviewing the financial results of the Company as well as a component of performance-based executive compensation.

The Company defines operating free cash flow as cash provided by or used in operating activities from continuing operations (a GAAP measure) less purchases of property, plant and equipment. The Company views operating free cash flow as an important measure because it is one factor in evaluating the amount of cash available for discretionary investments.














The Hain Celestial Group, Inc. • 1111 Marcus Avenue • Lake Success, NY 11042
516-587-5000 • www.hain.com
4

THE HAIN CELESTIAL GROUP, INC.
Consolidated Balance Sheets
(unaudited and in thousands)
March 31, 2021June 30, 2020
ASSETS
Current assets:
Cash and cash equivalents$53,014 $37,771 
Accounts receivable, net190,737 170,969 
Inventories313,898 248,170 
Prepaid expenses and other current assets38,648 95,690 
Assets held for sale— 8,334 
    Total current assets596,297 560,934 
Property, plant and equipment, net311,342 289,256 
Goodwill877,723 861,958 
Trademarks and other intangible assets, net324,791 346,462 
Investments and joint ventures17,342 17,439 
Operating lease right-of-use assets90,130 88,165 
Other assets22,263 24,238 
Total assets$2,239,888 $2,188,452 
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable$210,223 $171,009 
Accrued expenses and other current liabilities120,498 124,045 
Current portion of long-term debt699 1,656 
Liabilities related to assets held for sale— 3,567 
    Total current liabilities331,420 300,277 
Long-term debt, less current portion255,540 281,118 
Deferred income taxes36,103 51,849 
Operating lease liabilities, noncurrent portion83,564 82,962 
Other noncurrent liabilities31,579 28,692 
Total liabilities 738,206 744,898 
Total stockholders' equity1,501,682 1,443,554 
Total liabilities and stockholders' equity$2,239,888 $2,188,452 














The Hain Celestial Group, Inc. • 1111 Marcus Avenue • Lake Success, NY 11042
516-587-5000 • www.hain.com
5

THE HAIN CELESTIAL GROUP, INC.
 Consolidated Statements of Operations
 (unaudited and in thousands, except per share amounts)
Third QuarterThird Quarter Year to Date
2021202020212020
Net sales$492,604 $553,297 $1,519,649 $1,542,157 
Cost of sales362,698 420,902 1,140,614 1,206,324 
Gross profit129,906 132,395 379,035 335,833 
Selling, general and administrative expenses74,223 85,447 236,995 245,205 
Amortization of acquired intangible assets2,145 3,174 6,771 9,446 
Productivity and transformation costs4,553 11,514 12,371 37,949 
Proceeds from insurance claim(592)(400)(592)(2,962)
Long-lived asset and intangibles impairment— 13,525 57,676 15,414 
Operating income49,577 19,135 65,814 30,781 
Interest and other financing expense, net2,030 4,037 6,820 15,068 
Other expense (income), net1,566 (260)(852)2,312 
Income from continuing operations before income taxes and equity in net (income) loss of equity-method investees45,981 15,358 59,846 13,401 
Provision (benefit) for income taxes11,797 (10,242)33,197 (9,753)
Equity in net (income) loss of equity-method investees(70)564 1,025 1,219 
Net income from continuing operations$34,254 $25,036 $25,624 $21,935 
Net (loss) income from discontinued operations, net of tax— (697)11,255 (105,581)
Net income (loss)$34,254 $24,339 $36,879 $(83,646)
Net income (loss) per common share:
Basic net income per common share from continuing operations$0.34 $0.24 $0.25 $0.21 
Basic net (loss) income per common share from discontinued operations— (0.01)0.11 (1.01)
Basic net income (loss) per common share$0.34 $0.23 $0.36 $(0.80)
Diluted net income per common share from continuing operations$0.34 $0.24 $0.25 $0.21 
Diluted net (loss) income per common share from discontinued operations— (0.01)0.11 (1.01)
Diluted net income (loss) per common share$0.34 $0.23 $0.36 $(0.80)
Shares used in the calculation of net income (loss) per common share:
Basic99,831 104,032 100,502 104,192 
Diluted101,596 104,337 101,385 104,489 
















The Hain Celestial Group, Inc. • 1111 Marcus Avenue • Lake Success, NY 11042
516-587-5000 • www.hain.com
6

THE HAIN CELESTIAL GROUP, INC.
 Consolidated Statements of Cash Flows
 (unaudited and in thousands)
 Third QuarterThird Quarter Year to Date
 2021202020212020
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)$34,254 $24,339 $36,879 $(83,646)
Net (loss) income from discontinued operations, net of tax— (697)11,255 (105,581)
Net income from continuing operations34,254 25,036 25,624 21,935 
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities from continuing operations:
Depreciation and amortization12,814 12,927 37,768 40,069 
Deferred income taxes3,124 (3,880)3,216 (9,035)
Equity in net (income) loss of equity-method investees(70)564 1,025 1,219 
Stock-based compensation, net3,698 3,761 11,888 9,581 
Long-lived asset and intangibles impairment— 13,525 57,676 15,414 
Other non-cash items, net2,259 (326)494 2,335 
(Decrease) increase in cash attributable to changes in operating assets and liabilities:
Accounts receivable(11,198)(38,410)(20,721)(30,870)
Inventories(1,792)37,891 (60,304)47,280 
Other current assets769 8,407 56,487 10,302 
Other assets and liabilities85 76 (952)(1,166)
Accounts payable and accrued expenses(1,956)(12,627)34,316 (42,972)
Net cash provided by operating activities from continuing operations41,987 46,944 146,517 64,092 
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property, plant and equipment(23,391)(17,624)(53,062)(46,961)
Proceeds from sale of businesses, net and other22,667 1,308 27,094 14,428 
Net cash used in investing activities from continuing operations(724)(16,316)(25,968)(32,533)
CASH FLOWS FROM FINANCING ACTIVITIES
Borrowings under bank revolving credit facility56,000 50,000 206,000 197,000 
Repayments under bank revolving credit facility(94,000)(9,000)(231,000)(254,500)
Repayments under term loan— — — (206,250)
(Repayments) proceeds from discontinued operations entities— (4,682)— 305,247 
Repayments of other debt, net(206)(1,001)(1,917)(1,502)
Share repurchases(8,562)(57,406)(80,298)(57,406)
Shares withheld for payment of employee payroll taxes(2,018)(522)(3,741)(1,506)
Net cash used in financing activities from continuing operations(48,786)(22,611)(110,956)(18,917)
Effect of exchange rate changes on cash from continuing operations(84)(3,492)5,650 (2,110)
CASH FLOWS FROM DISCONTINUED OPERATIONS
Cash used in operating activities— (459)— (6,146)
Cash (used in) provided by investing activities— (4,223)— 297,592 
Cash provided by (used in) financing activities— 4,682 — (299,418)
Effect of exchange rate changes on cash from discontinued operations— — — (537)
Net cash flows used in discontinued operations— — — (8,509)
Net (decrease) increase in cash and cash equivalents(7,607)4,525 15,243 2,023 
Cash and cash equivalents at beginning of period60,621 37,024 37,771 39,526 
Cash and cash equivalents at end of period$53,014 $41,549 $53,014 $41,549 















The Hain Celestial Group, Inc. • 1111 Marcus Avenue • Lake Success, NY 11042
516-587-5000 • www.hain.com
7

THE HAIN CELESTIAL GROUP, INC.
Net Sales, Gross Profit and Operating Income (Loss) by Segment
(unaudited and in thousands)
North AmericaInternationalCorporate/OtherHain Consolidated
Net Sales
Net sales - Q3 FY21$287,500 $205,104 $— $492,604 
Net sales - Q3 FY20$320,440 $232,857 $— $553,297 
% change - FY21 net sales vs. FY20 net sales(10.3)%(11.9)%(11.0)%
Gross Profit
Q3 FY21
Gross profit$78,513 $51,393 $— $129,906 
Non-GAAP adjustments (1)
3,272 1,954 — 5,226 
Adjusted gross profit$81,785 $53,347 $— $135,132 
Gross margin27.3 %25.1 %26.4 %
Adjusted gross margin28.4 %26.0 %27.4 %
Q3 FY20
Gross profit$82,626 $49,769 $— $132,395 
Non-GAAP adjustments (1)
1,873 — — 1,873 
Adjusted gross profit$84,499 $49,769 $— $134,268 
Gross margin25.8 %21.4 %23.9 %
Adjusted gross margin26.4 %21.4 %24.3 %
Operating income (loss)
Q3 FY21
Operating income (loss)$39,492 $26,774 $(16,689)$49,577 
Non-GAAP adjustments (1)
4,438 2,798 2,856 10,092 
Adjusted operating income (loss)$43,930 $29,572 $(13,833)$59,669 
Operating income margin13.7 %13.1 %10.1 %
Adjusted operating income margin15.3 %14.4 %12.1 %
Q3 FY20
Operating income (loss)$28,873 $18,660 $(28,398)$19,135 
Non-GAAP adjustments (1)
9,202 4,512 12,824 26,538 
Adjusted operating income (loss)$38,075 $23,172 $(15,574)$45,673 
Operating income margin9.0 %8.0 %3.5 %
Adjusted operating income margin11.9 %10.0 %8.3 %

(1) See accompanying table "Adjusted Gross Profit, Adjusted Operating Income, Adjusted Net Income and Adjusted EPS"






















The Hain Celestial Group, Inc. • 1111 Marcus Avenue • Lake Success, NY 11042
516-587-5000 • www.hain.com
8

THE HAIN CELESTIAL GROUP, INC.
Net Sales, Gross Profit and Operating Income (Loss) by Segment
(unaudited and in thousands)
North AmericaInternationalCorporate/OtherHain Consolidated
Net Sales
Net sales - Q3 FY21 YTD$850,780 $668,869 $— $1,519,649 
Net sales - Q3 FY20 YTD$872,834 $669,323 $— $1,542,157 
% change - FY21 net sales vs. FY20 net sales(2.5)%(0.1)%(1.5)%
Gross Profit
Q3 FY21 YTD
Gross profit$231,813 $147,222 $— $379,035 
Non-GAAP adjustments (1)
6,438 3,869 — 10,307 
Adjusted gross profit$238,251 $151,091 $— $389,342 
Gross margin27.2 %22.0 %24.9 %
Adjusted gross margin28.0 %22.6 %25.6 %
Q3 FY20 YTD
Gross profit$209,956 $125,877 $— $335,833 
Non-GAAP adjustments (1)
8,037 2,666 — 10,703 
Adjusted gross profit$217,993 $128,543 $— $346,536 
Gross margin24.1 %18.8 %21.8 %
Adjusted gross margin25.0 %19.2 %22.5 %
Operating income (loss)
Q3 FY21 YTD
Operating income (loss)$105,188 $8,144 $(47,518)$65,814 
Non-GAAP adjustments (1)
8,929 63,792 7,981 80,702 
Adjusted operating income (loss)$114,117 $71,936 $(39,537)$146,516 
Operating income margin12.4 %1.2 %4.3 %
Adjusted operating income margin13.4 %10.8 %9.6 %
Q3 FY20 YTD
Operating income (loss)$64,067 $40,666 $(73,952)$30,781 
Non-GAAP adjustments (1)
18,063 10,503 32,775 61,341 
Adjusted operating income (loss)$82,130 $51,169 $(41,177)$92,122 
Operating income margin7.3 %6.1 %2.0 %
Adjusted operating income margin9.4 %7.6 %6.0 %

(1) See accompanying table "Adjusted Gross Profit, Adjusted Operating Income, Adjusted Net Income and Adjusted EPS"















The Hain Celestial Group, Inc. • 1111 Marcus Avenue • Lake Success, NY 11042
516-587-5000 • www.hain.com
9

THE HAIN CELESTIAL GROUP, INC.
 Adjusted Gross Profit, Adjusted Operating Income, Adjusted Net Income and Adjusted EPS
(unaudited and in thousands, except per share amounts)
Third Quarter
2021 GAAPAdjustments2021 Adjusted2020 GAAPAdjustments2020 Adjusted
Net sales$492,604 $— $492,604 $553,297 $— $553,297 
Cost of sales362,698 (5,226)357,472 420,902 (1,873)419,029 
Gross profit129,906 5,226 135,132 132,395 1,873 134,268 
Operating expenses (a)
76,398 (905)75,463 102,146 (13,551)88,595 
Productivity and transformation costs4,553 (4,553)— 11,514 (11,514)— 
Proceeds from insurance claim(592)592 — (400)400 — 
Operating income49,577 10,092 59,669 19,135 26,538 45,673 
Interest and other expense (income), net (b)
3,596 (2,346)1,250 3,777 679 4,456 
Provision (benefit) for income taxes11,797 1,950 13,747 (10,242)22,129 11,887 
   Net income from continuing operations34,254 10,488 44,742 25,036 3,730 28,766 
 Net (loss) income from discontinued operations, net of tax— — — (697)697 — 
Net income 34,254 10,488 44,742 24,339 4,427 28,766 
Diluted net income per common share from continuing operations0.34 0.10 0.44 0.24 0.04 0.28 
Diluted net (loss) income per common share from discontinued operations— — — (0.01)0.01 — 
Diluted net income per common share0.34 0.10 0.44 0.23 0.05 0.28 

(a) Operating expenses include amortization of acquired intangibles, selling, general and administrative expenses and long-lived asset and intangibles impairment.
(b) Interest and other expense (income), net includes interest and other financing expenses, net and other expense, net.















The Hain Celestial Group, Inc. • 1111 Marcus Avenue • Lake Success, NY 11042
516-587-5000 • www.hain.com
10

THE HAIN CELESTIAL GROUP, INC.
 Adjusted Gross Profit, Adjusted Operating Income, Adjusted Net Income and Adjusted EPS
 (unaudited and in thousands)
Detail of Adjustments:
Q3 FY21Q3 FY20
Warehouse/manufacturing consolidation and other costs$3,560 $511 
Plant closure related costs1,666 — 
SKU rationalization and inventory write-down— 1,362 
Cost of sales5,226 1,873 
Gross profit5,226 1,873 
Litigation and related expenses644 — 
Warehouse/manufacturing consolidation and other costs263 26 
Plant closure related costs(2)— 
Long-lived asset impairment — 5,875 
Intangibles impairment— 7,650 
Operating expenses (a)
905 13,551 
Productivity and transformation costs4,553 11,514 
Productivity and transformation costs4,553 11,514 
Proceeds from insurance claim(592)(400)
Proceeds from insurance claim(592)(400)
Operating income10,092 26,538 
Unrealized currency losses (gains) 442 (1,011)
Loss on sale of businesses1,904 332 
Interest and other expense (income), net (b)
2,346 (679)
Income tax related adjustments(1,950)(22,129)
Benefit for income taxes(1,950)(22,129)
   Net income from continuing operations$10,488 $3,730 

(a) Operating expenses include amortization of acquired intangibles, selling, general and administrative expenses and long-lived asset and intangibles impairment.
(b) Interest and other expense (income), net includes interest and other financing expenses, net and other expense, net.















The Hain Celestial Group, Inc. • 1111 Marcus Avenue • Lake Success, NY 11042
516-587-5000 • www.hain.com
11

THE HAIN CELESTIAL GROUP, INC.
 Adjusted Gross Profit, Adjusted Operating Income, Adjusted Net Income and Adjusted EPS
(unaudited and in thousands, except per share amounts)
Third Quarter Year to Date
2021 GAAPAdjustments2021 Adjusted2020 GAAPAdjustments2020 Adjusted
Net sales$1,519,649 $— $1,519,649 $1,542,157 $— $1,542,157 
Cost of sales1,140,614 (10,307)1,130,307 1,206,324 (10,703)1,195,621 
Gross profit379,035 10,307 389,342 335,833 10,703 346,536 
Operating expenses (a)
301,442 (58,616)242,826 270,065 (15,651)254,414 
Productivity and transformation costs12,371 (12,371)— 37,949 (37,949)— 
Proceeds from insurance claim(592)592 — (2,962)2,962 — 
Operating income65,814 80,702 146,516 30,781 61,341 92,122 
Interest and other expense (income), net (b)
5,968 (758)5,210 17,380 (3,278)14,102 
Provision (benefit) for income taxes33,197 215 33,412 (9,753)31,818 22,065 
   Net income from continuing operations25,624 81,245 106,869 21,935 32,801 54,736 
Net income (loss) from discontinued operations, net of tax11,255 (11,255)— (105,581)105,581 — 
Net income (loss) 36,879 69,990 106,869 (83,646)138,382 54,736 
Diluted net income per common share from continuing operations0.25 0.80 1.05 0.21 0.31 0.52 
Diluted net income (loss) per common share from discontinued operations0.11 (0.11)— (1.01)1.01 — 
Diluted net income (loss) per common share0.36 0.69 1.05 (0.80)1.32 0.52 

(a) Operating expenses include amortization of acquired intangibles, selling, general and administrative expenses and long-lived asset and intangibles impairment.
(b) Interest and other expense (income), net includes interest and other financing expenses, net and other expense, net.
















The Hain Celestial Group, Inc. • 1111 Marcus Avenue • Lake Success, NY 11042
516-587-5000 • www.hain.com
12

THE HAIN CELESTIAL GROUP, INC.
 Adjusted Gross Profit, Adjusted Operating Income, Adjusted Net Income and Adjusted EPS
 (unaudited and in thousands)
Detail of Adjustments:
Q3 FY21 YTDQ3 FY20 YTD
Warehouse/manufacturing consolidation and other costs$7,275 $2,866 
Plant closure related costs2,721 2,559 
SKU rationalization and inventory write-down311 5,278 
Cost of sales10,307 10,703 
Gross profit10,307 10,703 
Long-lived asset impairment 57,676 5,875 
Litigation and related expenses644 48 
Warehouse/manufacturing consolidation and other costs263 189 
Plant closure related costs33 — 
Intangibles impairment— 9,539 
Operating expenses (a)
58,616 15,651 
Productivity and transformation costs12,371 37,949 
Productivity and transformation costs12,371 37,949 
Proceeds from insurance claim(592)(2,962)
Proceeds from insurance claim(592)(2,962)
Operating income80,702 61,341 
Unrealized currency (gains) losses (535)188 
Loss on sale of businesses1,293 2,115 
Deferred financing cost write-off— 975 
Interest and other expense (income), net (b)
758 3,278 
Income tax related adjustments(215)(31,818)
Provision (benefit) for income taxes(215)(31,818)
   Net income from continuing operations$81,245 $32,801 

(a) Operating expenses include amortization of acquired intangibles, selling, general and administrative expenses and long-lived asset and intangibles impairment.
(b) Interest and other expense (income), net includes interest and other financing expenses, net and other expense, net.















The Hain Celestial Group, Inc. • 1111 Marcus Avenue • Lake Success, NY 11042
516-587-5000 • www.hain.com
13

THE HAIN CELESTIAL GROUP, INC.
Adjusted Net Sales Growth
(unaudited and in thousands)
Q3 FY21North AmericaInternationalHain Consolidated
Net sales $287,500 $205,104 $492,604 
Divestitures and discontinued brands (320)(4,144)(4,464)
Impact of foreign currency exchange (2,042)(15,428)(17,470)
Net sales on a constant currency basis adjusted for divestitures and discontinued brands $285,138 $185,532 $470,670 
Q3 FY20
Net sales$320,440 $232,857 $553,297 
Divestitures and discontinued brands(10,717)(42,462)(53,179)
Net sales adjusted for divestitures and discontinued brands $309,723 $190,395 $500,118 
Net sales decline (10.3)%(11.9)%(11.0)%
Impact of divestitures and discontinued brands 3.0 %15.9 %8.2 %
Impact of foreign currency exchange (0.6)%(6.6)%(3.2)%
Net sales decline on a constant currency basis adjusted for divestitures and discontinued brands (7.9)%(2.6)%(6.0)%
Q3 FY21 YTDNorth AmericaInternationalHain Consolidated
Net sales$850,780 $668,869 $1,519,649 
Divestitures and discontinued brands(4,105)(5,052)(9,157)
Impact of foreign currency exchange(2,144)(35,133)(37,277)
Net sales on a constant currency basis adjusted for divestitures and discontinued brands$844,531 $628,684 $1,473,215 
Q3 FY20 YTD
Net sales$872,834 $669,323 $1,542,157 
Divestitures and discontinued brands(44,120)(48,122)(92,242)
Net sales adjusted for divestitures and discontinued brands$828,714 $621,201 $1,449,915 
Net sales decline(2.5)%(0.1)%(1.5)%
Impact of divestitures and discontinued brands4.7 %6.5 %5.5 %
Impact of foreign currency exchange(0.2)%(5.2)%(2.4)%
Net sales growth on a constant currency basis adjusted for divestitures and discontinued brands2.0 %1.2 %1.6 %






















The Hain Celestial Group, Inc. • 1111 Marcus Avenue • Lake Success, NY 11042
516-587-5000 • www.hain.com
14

THE HAIN CELESTIAL GROUP, INC.
Adjusted EBITDA
(unaudited and in thousands)
Third QuarterThird Quarter Year to Date
2021202020212020
Net income (loss)$34,254 $24,339 $36,879 $(83,646)
Net (loss) income from discontinued operations, net of tax— (697)11,255 (105,581)
Net income from continuing operations$34,254 $25,036 $25,624 $21,935 
Provision (benefit) for income taxes11,797 (10,242)33,197 (9,753)
Interest expense, net1,327 3,332 4,781 11,884 
Depreciation and amortization12,814 12,927 37,768 40,069 
Equity in net (income) loss of equity-method investees(70)564 1,025 1,219 
Stock-based compensation, net3,698 3,761 11,888 9,581 
Unrealized currency losses (gains) 442 (1,011)(535)188 
Productivity and transformation costs3,915 10,967 10,428 37,402 
Proceeds from insurance claim(592)(400)(592)(2,962)
Long-lived asset and intangibles impairment— 13,525 57,676 15,414 
Warehouse/manufacturing consolidation and other costs3,598 537 7,313 3,055 
Loss on sale of businesses1,904 332 1,293 2,115 
Litigation and related expenses644 — 644 48 
Plant closure related costs21 — 17 2,354 
SKU rationalization and inventory write-down— 1,362 311 5,278 
Adjusted EBITDA$73,752 $60,690 $190,838 $137,827 















The Hain Celestial Group, Inc. • 1111 Marcus Avenue • Lake Success, NY 11042
516-587-5000 • www.hain.com
15

THE HAIN CELESTIAL GROUP, INC.
Adjusted EBITDA and Adjusted EBITDA Margin by Segment
(unaudited and in thousands)
Q3 FY21North AmericaInternationalCorporate/OtherHain Consolidated
Operating income (loss)$39,492 $26,774 $(16,689)$49,577 
Depreciation and amortization4,432 7,688 694 12,814 
Productivity and transformation costs1,129 621 2,165 3,915 
Proceeds from insurance claim— — (592)(592)
Warehouse/manufacturing consolidation and other costs2,591 1,007 — 3,598 
Plant closure related costs21 — — 21 
Loss on sale of businesses— 1,050 854 1,904 
Litigation and related expenses— — 644 644 
Other842 (394)1,423 1,871 
Adjusted EBITDA$48,507 $36,746 $(11,501)$73,752 
Net sales$287,500 $205,104 $492,604 
Adjusted EBITDA margin16.9 %17.9 %15.0 %
Q3 FY20North AmericaInternationalCorporate/OtherHain Consolidated
Operating income (loss)$28,873 $18,660 $(28,398)$19,135 
Depreciation and amortization4,240 7,993 694 12,927 
Productivity and transformation costs5,000 941 5,026 10,967 
Proceeds from insurance claim— — (400)(400)
Long-lived asset and intangibles impairment2,303 3,571 7,651 13,525 
SKU rationalization and inventory write-down1,362 — — 1,362 
Warehouse/manufacturing consolidation and other costs537 — — 537 
Loss on sale of businesses253 — 79 332 
Other352 (238)2,191 2,305 
Adjusted EBITDA$42,920 $30,927 $(13,157)$60,690 
Net sales$320,440 $232,857 $553,297 
Adjusted EBITDA margin13.4 %13.3 %11.0 %















The Hain Celestial Group, Inc. • 1111 Marcus Avenue • Lake Success, NY 11042
516-587-5000 • www.hain.com
16

THE HAIN CELESTIAL GROUP, INC.
Adjusted EBITDA and Adjusted EBITDA Margin by Segment
(unaudited and in thousands)
Q3 FY21 YTDNorth AmericaInternationalCorporate/OtherHain Consolidated
Operating income (loss)$105,188 $8,144 $(47,518)$65,814 
Depreciation and amortization12,693 22,969 2,106 37,768 
Productivity and transformation costs2,434 3,595 4,399 10,428 
Proceeds from insurance claim— — (592)(592)
Long-lived asset impairment(11)56,104 1,583 57,676 
Warehouse/manufacturing consolidation and other costs4,413 2,900 — 7,313 
SKU rationalization and inventory write-down311 — — 311 
Loss (gain) on sale of businesses205 (294)1,382 1,293 
Litigation and related expenses— — 644 644 
Plant closure related costs(7)24 — 17 
Other2,002 2,181 5,983 10,166 
Adjusted EBITDA$127,228 $95,623 $(32,013)$190,838 
Net sales$850,780 $668,869 $1,519,649 
Adjusted EBITDA margin15.0 %14.3 %12.6 %
Q3 FY20 YTDNorth AmericaInternationalCorporate/OtherHain Consolidated
Operating income (loss)$64,067 $40,666 $(73,952)$30,781 
Depreciation and amortization12,789 24,258 3,022 40,069 
Productivity and transformation costs7,500 4,269 25,633 37,402 
Proceeds from insurance claim— — (2,962)(2,962)
Long-lived asset and intangibles impairment2,303 3,571 9,540 15,414 
SKU rationalization and inventory write-down5,099 179 — 5,278 
Warehouse/manufacturing consolidation and other costs3,055 — — 3,055 
Loss on sale of businesses2,036 — 79 2,115 
Plant closure related costs72 2,282 — 2,354 
Litigation and related expenses— — 48 48 
Other180 562 3,531 4,273 
Adjusted EBITDA$97,101 $75,787 $(35,061)$137,827 
Net sales$872,834 $669,323 $1,542,157 
Adjusted EBITDA margin11.1 %11.3 %8.9 %















The Hain Celestial Group, Inc. • 1111 Marcus Avenue • Lake Success, NY 11042
516-587-5000 • www.hain.com
17

THE HAIN CELESTIAL GROUP, INC.
Operating Free Cash Flow
(unaudited and in thousands)
Third QuarterThird Quarter Year to Date
2021202020212020
Net cash provided by operating activities from continuing operations$41,987 $46,944 $146,517 $64,092 
Purchases of property, plant and equipment(23,391)(17,624)(53,062)(46,961)
Operating free cash flow from continuing operations$18,596 $29,320 $93,455 $17,131 















The Hain Celestial Group, Inc. • 1111 Marcus Avenue • Lake Success, NY 11042
516-587-5000 • www.hain.com
18