Financial PerformanceHain's restructuring program is targeting a 400-500bps-adjusted gross margin improvement, $130M-$150M in annualized savings, and a $165M improvement in working capital by FY2027.
Growth StrategyThe company is focused on scaling market share of its snack, baby/kids, and beverage platforms, as these brands have established consumer demand and present the greatest growth opportunity.
Strategic InitiativesHAIN introduced its new strategy, HAIN Reimagined, which centers around executing on four strategic pillars to drive brand share in key markets, and a cost restructuring initiative to improve operational efficiency.