Correspondence 0000910406-24-000046 from HAIN CELESTIAL GROUP INC (HAIN)
HAIN CELESTIAL GROUP INC
Date: June 26, 2024 · CIK: 0000910406 · Accession: 0000910406-24-000046
AI Filing Summary & Sentiment
Reasoning
File numbers found in text: 000-22818
Referenced dates: June 12, 2024
Letter
VIA EDGAR United States Securities and Exchange Commission Division of Corporation Finance Office of Manufacturing Re: The Hain Celestial Group, Inc. Form 10-K for the Fiscal Year Ended June 30, 2023 Filed August 24, 2023 File No. 000-22818
Dear Ms. McConnell and Mr. James:
The Hain Celestial Group, Inc. (hereinafter referred to as the “Company,” “Hain Celestial” or “we”) submits this letter in response to the comment contained in the letter from the staff of the Division of Corporation Finance (the “Staff”) of the U.S. Securities and Exchange Commission dated June 12, 2024, regarding the above referenced filing and has provided the below response. For ease of reference, we have repeated the text of the Staff’s comment prior to our response.
Form 10-K for the Fiscal Year Ended June 30, 2023
Management's Discussion and Analysis of Financial Condition and Results of Operations Reconciliation of Non U.S. GAAP Financial Measures to U.S. GAAP Financial Measures, page 34
Staff Comment
1.We have considered your response to prior comment 1. We believe that decisions about the timing, method, and pricing of dispositions of inventory are normal, recurring activities integral to the management of an ongoing business. Please confirm to us you will no longer exclude inventory write-downs from your non-GAAP financial measures.
Hain Celestial Response
The Company acknowledges the Staff’s comment and confirms that it will no longer exclude inventory write-downs from its non-GAAP financial measures.
* * *
The Company acknowledges that the Company and its management are responsible for the adequacy and accuracy of the disclosures in the filing, notwithstanding any review, comments, action or absence of action by the Staff. If you have any questions regarding these responses or other issues relating to this correspondence, please contact me at (631) 719-3633 or lee.boyce@hain.com.
Sincerely,
/s/ Lee A. Boyce
Show Raw Text
CORRESP 1 filename1.htm Document June 26, 2024 VIA EDGAR United States Securities and Exchange Commission Division of Corporation Finance Office of Manufacturing 100 F Street, N.E. Washington, D.C. 20549 Attn: Anne McConnell Martin James Re: The Hain Celestial Group, Inc. Form 10-K for the Fiscal Year Ended June 30, 2023 Filed August 24, 2023 File No. 000-22818 Dear Ms. McConnell and Mr. James: The Hain Celestial Group, Inc. (hereinafter referred to as the “Company,” “Hain Celestial” or “we”) submits this letter in response to the comment contained in the letter from the staff of the Division of Corporation Finance (the “Staff”) of the U.S. Securities and Exchange Commission dated June 12, 2024, regarding the above referenced filing and has provided the below response. For ease of reference, we have repeated the text of the Staff’s comment prior to our response. Form 10-K for the Fiscal Year Ended June 30, 2023 Management's Discussion and Analysis of Financial Condition and Results of Operations Reconciliation of Non U.S. GAAP Financial Measures to U.S. GAAP Financial Measures, page 34 Staff Comment 1.We have considered your response to prior comment 1. We believe that decisions about the timing, method, and pricing of dispositions of inventory are normal, recurring activities integral to the management of an ongoing business. Please confirm to us you will no longer exclude inventory write-downs from your non-GAAP financial measures. Hain Celestial Response The Company acknowledges the Staff’s comment and confirms that it will no longer exclude inventory write-downs from its non-GAAP financial measures. * * * The Company acknowledges that the Company and its management are responsible for the adequacy and accuracy of the disclosures in the filing, notwithstanding any review, comments, action or absence of action by the Staff. If you have any questions regarding these responses or other issues relating to this correspondence, please contact me at (631) 719-3633 or lee.boyce@hain.com. Sincerely, /s/ Lee A. Boyce Lee A. Boyce Executive Vice President and Chief Financial Officer cc: Kristy M. Meringolo, Chief Legal and Corporate Affairs Officer Michael J. Ragusa, Senior Vice President and Chief Accounting Officer