Hain Celestial Announces Strategic Review of Portfolio

Published: 2025-05-07 09:22:00 ET GS

Published on 05/07/2025 at 09:22, updated on 05/07/2025 at 12:50

The Hain Celestial Group, Inc. (NasdaqGS:HAIN) announced that the board is conducting a comprehensive review of the Company?s portfolio with the assistance of its independent financial advisor, The Goldman Sachs Group, Inc. (NYSE:GS) (Goldman Sachs & Co.) The review will consider a broad range of strategic options to enhance value. Commenting on this process, Ms. Dawn Zier, Chair of the Board said, ?In light of recent performance, the Board has decided that a thorough evaluation of the Company?s strategy and portfolio is warranted to determine the best approach to maximize shareholder value. With this review underway, we remain focused on operating our business effectively, ensuring we have a strong path to achieve sustainable growth and value creation.?

There is no definitive timetable for completing the strategic review. The Company does not intend to provide further updates unless and until the Board has approved a specific course of action or determines that additional disclosure is appropriate or necessary.