HAIN: Significant sales decline, major divestitures, and going concern risk amid debt and restructuring
Net sales declined 13.2% to $1.35 billion in fiscal 2026, with a net loss of $304.9 million and Adjusted EBITDA down 21.8%. Major divestitures and restructuring actions were undertaken, and substantial doubt exists about the ability to continue as a going concern due to upcoming debt maturities and…