SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
September 4, 2002
THE HAIN CELESTIAL GROUP, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-22818 22-3240619
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
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58 South Service Road
Melville, New York 11747
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (631) 730-2200
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Item 5. Other Events
In a presentation to investors on September 4, 2002, The Hain Celestial
Group, Inc. (the "Company") reaffirmed its full year guidance for earnings of
$0.78-0.84 per share and revenues of $450-$470 million in fiscal 2003. In
addition, the Company detailed its expectations by quarter for earnings and
revenues as follows:
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Fiscal Quarter Ending Earnings per Share Revenues
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September 30, 2002 $0.14-0.17 $103-108 million
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December 31, 2002 $0.27-0.28 $125-130 million
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March 31, 2003 $0.22-0.23 $117-122 million
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June 30, 2003 $0.15-0.16 $105-110 million
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A copy of the press release issued by the Company on September 4, 2002 is
attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
Exhibit No. Description
99.1 Press release dated September 4, 2002
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
THE HAIN CELESTIAL GROUP, INC.
Dated: September 4, 2002 By: /s/ Ira J. Lamel
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Name: Ira J. Lamel
Title: Executive Vice President and
Chief Financial Officer
EXHIBIT INDEX
Exhibit No. Description
99.1 Press release dated September 4, 2002
Exhibit 99.1
THE HAIN CELESTIAL GROUP PROVIDES FURTHER DETAILS ON FISCAL YEAR 2003 GUIDANCE
MELVILLE, NY, September 4, 2002 - In a presentation to investors today, The
Hain Celestial Group (NASDAQ:HAIN), the leading natural and organic food
company, reaffirmed its full year guidance for earnings of $0.78-0.84 per share
and revenues of $450-$470 million in fiscal 2003. In addition, the Company
detailed its expectations by quarter for earnings and revenues as follows:
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Fiscal Year 2003 Earnings per Share Revenues
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Q1 $0.14-0.17 $103-108 million
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Q2 $0.27-0.28 $125-130 million
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Q3 $0.22-0.23 $117-122 million
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Q4 $0.15-0.16 $105-110 million
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About The Hain Celestial Group
The Hain Celestial Group, headquartered in Melville, NY, is a natural, specialty
and snack food company. The Company is a leader in 13 of the top 15 natural food
categories, with such well-known natural food brands as Celestial Seasonings(R)
teas, Hain Pure Foods(R), Westbrae(R), Westsoy(R), Arrowhead Mills(R), Health
Valley(R), Breadshop's(R), Casbah(R), Garden of Eatin(R), Terra Chips(R), Yves
Veggie Cuisine(R), The Good Dog(R), The Good Slice(R), DeBoles(R), Earth's
Best(R), Nile Spice, and Lima & Biomarche(R) in Europe. The Company's principal
specialty product lines include Hollywood(R) cooking oils, Estee(R) sugar-free
products, Kineret(R) kosher foods, Boston Better Snacks(R), and Alba Foods(R).
The Hain Celestial Group's website can be found at www.hain-celestial.com.
Statements made in this Press Release that are estimates of past or future
performance are based on a number of factors, some of which are outside of the
Company's control. Statements made in this Press Release that state the
intentions, beliefs, expectations or predictions of The Hain Celestial Group and
its management for the future are forward-looking statements. It is important to
note that actual results could differ materially from those projected in such
forward-looking statements. Information concerning factors that could cause
actual results to differ materially from those in forward-looking statements is
contained from time to time in filings of The Hain Celestial Group with the U.S.
Securities and Exchange Commission. Copies of these filings may be obtained by
contacting The Hain Celestial Group or the SEC.