From Inc · · 40s
Hain Celestial Faces Bankruptcy
Hain Celestial Group may file for Chapter 11 bankruptcy after $305 million loss.
In brief
Hain Celestial Group may file for Chapter 11 bankruptcy after $305 million loss. Hain Celestial Group reported a $305 million loss for fiscal 2026 and may file for Chapter 11 bankruptcy. Originally reported by Inc.
Hain Celestial Group
Hain Celestial Group reported a $305 million loss for fiscal 2026, improving from $531 million in fiscal 2025.
Bankruptcy Consideration
Hain Celestial Group reportedly considering filing for Chapter 11 bankruptcy protection after years of financial struggles.
Debt and Lawsuit
Hain Celestial has $655 million in unsecured debt due December with a class-action lawsuit over synthetic citric acid in teas.
What it means
Hain Celestial Group reported a $305 million loss for fiscal 2026 and may file for Chapter 11 bankruptcy.
