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Hain Celestial Group (Nasdaq: HAIN) | Company Profile, History, Competitors

 

Hain Celestial Group (NASDAQ: HAIN) is a worldwide producer of organic food and personal care products. HAIN carries known brands such as Celestial Seasonings, Sensible Portions, Earth's Best, Terra, Spectrum, Dream, MaraNatha, Green Gods and Garden of Eatin'. It was founded in 1993 and headquartered in Lake Success, NY.

Hain Food Group was founded in 1993. In 2000, the company merged with Celestial Seasonings to form Hain Celestial. The company produces a wide range of food products including baby food, condiments, poultry products, snacks, personal care and tea.

Business Overview

HAIN operates in five main food segments.
  • Grocery (61% of 2017 Revenues): Sells baby food, desserts, cereals, condiments, canned foods, juices and other food products. 
  • Poultry/Protein (18% of 2017 Revenues): Sells poultry and protein products that are antibiotic-free, organic, vegetarian fed and humanely raised.
  • Snacks (11% of 2017 Revenues): Sells potato, root vegetable, tortilla chips, pita chips and popcorn.
  • Personal Care (6% of 2017 Revenues): Sells skincare, hair, oral care, body wash, sunscreens and lotions.
  • Tea (4% of 2017 Revenues): Sells different varieties of herbal, green, black, wellness, and chai tea under the Celestial Seasonings brand.

Manufacturing & Distribution

HAIN has 20 manufacturing facilities in the US and 19 manufacturing facilities internationally as of 2017. 

History

HAIN was founded in 1993 as Hain Food Group. In 2000, Hain Food Group merged with Celestial Seasonings to form Hain Celestial.

Management

Irwin Simon (CEO): Irwin Simon serves as CEO and since 1993. Prior, he worked at Slim-Fast Foods, Haagen-Dazs, and Grand Metropolitan. 

James Fay (CCO): James Fay serves as Chief Customer Officer since 2016. Prior, he worked as SVP Global Sales at Nature's Path Foods.

Financials

 $ USD in millions    2013    2014 2015 2016 2017
 Revenues $3,894 $4,048 $4,038 $4,202 $4,472 
 Gross Profit $1,907 $2,072  $1,997  $2,005  $2,063 
 Operating Profit $386 $419  $522  $615  $841 
 Net Income$734 $549 $401  $462  $684 
 EPS$2.15 $1.65 $1.20 $1.42 $2.12