The Hain Celestial Group, Inc. (NASDAQ:HAIN) Q4 2020 Earnings Conference Call - Final Transcript

Aug 25, 2020 • 08:30 am ET

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The Hain Celestial Group, Inc. (NASDAQ:HAIN) Q4 2020 Earnings Conference Call - Final Transcript

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Presentation
Operator
Operator

Greetings, and welcome to The Hain Celestial Group Fourth Quarter 2020 Earnings Call. [Operator Instructions]

I would now like to turn the conference over to your host, Ms. Anna Kate Heller [Phonetic] for opening remarks. Thank you. You may begin.

Executive
Anna Kate Heller

Thank you. Good morning and thank you for joining us on Hain Celestial's fourth quarter and fiscal year 2020 earnings conference call. On the call today are Mark Schiller, President and Chief Executive Officer; and Javier Idrovo, Executive Vice President and Chief Financial Officer.

During the course of this call, management may make forward-looking statements within the meaning of the federal securities laws. These include expectations and assumptions regarding the company's future operations and financial performance, including expectations and assumptions related to the impact of the COVID-19 pandemic. These statements are based on management's current expectations and involve risks and uncertainties that could differ materially from actual events and those described in these forward-looking statements. Please refer to Hain Celestial's annual report on Form 10-K, quarterly reports on Form 10-Q and other reports filed from time to time with the Securities and Exchange Commission and its press release issued this morning for a detailed discussion of the risks that could cause actual results to differ materially from those expressed or implied in any forward-looking statements made today.

The company has also prepared a few presentation slides and additional supplemental financial information which are posted on Hain Celestial's website under the Investor Relations heading.

Please note the management's remarks today will focus on non-GAAP or adjusted financial measures. Reconciliations of GAAP results to non-GAAP financial measures are available in the earnings release and the slide presentation accompanying this call. As a reminder, beginning in Q1 of fiscal year 2020 the company changed its segment reporting to focus on North America, International and Corporate, which is previously been reported as the US, UK and Rest of World segments.

This call is being webcast and an archive of it will also be available on the website. I'd also like to note that we are conducting our call today from our respective remote locations. As such, there may be brief delays, cross-talk or other minor technical issues during this call. We thank you in advance for your patience and understanding.

And now I'd like to turn the call over to Mark Schiller.

Executive
Mark L. Schiller

Thank you, Anna Kate, and good morning everyone. Before we begin, I'd like to thank our global team for their collaboration, agility and compassion throughout the pandemic. We continue to operate in a very dynamic environment with the health and well-being of our employees, customers and consumers remaining our top priority.

On today's call, I'll discuss our strong fiscal '20 results, including the impact of COVID-19, explain how we're setting ourselves up for sustainable long-term growth and provide some color around our fiscal 2021 expectations. Let me start with our full fiscal year 2020 results. For the year, we delivered against all planned metrics that we provided in our beginning of year guidance