So the amount that I'm going to spend this year Alexia, is going to be dependant really on the cost, right. Prepared Remarks: Operator. We are ready for acquisitions if the right one comes along. I know you called out the several hundred lift in -- basis point lift you expect for first quarter. ET on Seeking Alpha Hain Celestial (HAIN) Q4 Earnings Top Estimates Hain Celestial (HAIN) Q4 2018 Earnings Conference Call Transcript | Nasdaq … I knew it grew in three of -- the last three quarters of the year, but we'll get you that number while I answer the other question. I know you called out the several hundred lift in — basis point lift you expect for first quarter. Very hard to forecast, and given that nobody knows at this point what post-COVID looks like. We're well on track to do that. We've gotten rid of almost $800 million worth of sales over the last two years. Categories Consumer, Earnings Call Transcripts, Hain Celestial Group Inc.  (NASDAQ: HAIN) Q4 2020 earnings call dated Aug. 25, 2020, Mark L. Schiller — President and Chief Executive Officer, Javier H. Idrovo — Executive Vice President and Chief Financial Officer, William Chappell — Truist Securities — Analyst, Alexia Howard — Sanford C. Bernstein — Analyst, Greetings, and welcome to The Hain Celestial Group Fourth Quarter 2020 Earnings Call. Adjusted EBITDA margin of 14.7%, representing an improvement of about 420 basis points over the prior year period, driven by gross margin improvements. First, we expect continued gross profit dollar and margin expansion in fiscal ’21. And maybe you want to break that down also into the Get Bigger versus Get Better portfolio? So we had already started to turn it. It operates through two segments, North America and International. Now let me shift to our International business where results for the quarter were consistent with our expectations. Please proceed with your question. Thanks, good morning. That compares positively to our planned decline in the first half of fiscal 2020 with modest improvement in the second half. Throughout the quarter, we have been replenishing inventory while maintaining our service levels and we expect to be at normalized levels as we enter the second half of 2021. All those kinds of things improved the relationship. In addition, for 2021 we expect capital expenditures to be around 4% of net sales. And I guess on that topic. Now let’s turn to our final key aspect of our financial results, our outlook for the business. But — so, it’s just a matter of where do we think it’s the most attractive place to put our money. And so I think there are lessons to be learned in terms of how they’re managing it. So look, we are continuing to reshape our portfolio and there will be additional divestitures along the way, but a lot of heavy lifting has been done. We grew sales in all of our Get Bigger categories and have seen relatively stable double-digit consumption growth during the last five months of the pandemic, after the initial surge in March. So look on fruit, we are exploring optionality as we speak. We undertook significant reductions in SG&A during the fourth quarter to mitigate that impact and the benefit of those changes will be seen in future quarters. When adjusting for these factors, net sales increased 7% versus the prior year period. Our next question comes from the line of Bill Chappell with Truist Securities. The Hain Celestial Group, Inc. (HAIN) CEO Mark Schiller on Q4 2020 Results - Earnings Call Transcript Seeking Alpha Aug 25, 2020 Hain Celestial tops margin expectations as … All in all, it was a great year for Hain with terrific results before the pandemic and great execution during the pandemic, leaving us with tremendous momentum as we head into fiscal '21. Thank you very much. Currency impact on adjusted EBITDA was a headwind of about $1 million. Mom's we're making their own baby food when they were self isolating and matching up bananas and carrots and things that they would typically buy in a packaged good format when they're out and about and need something on the go. We reported adjusted EPS of $0.32 based on an effective tax rate of 26.1% compared to $0.19 in Q4 last year with an effective tax rate of 27.5%. And I’ll tell you we’re off to a very good start. Please proceed with your question. Thank you all for your time today. As with all our articles, AlphaStreet, Inc. does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company’s SEC filings. So all of the projects we obviously look at the IRR and the NPV, I’d say on average, you’re looking at a two to three year payback on the capital. So all of the projects we obviously look at the IRR and the NPV, I'd say on average, you're looking at a two to three year payback on the capital. In addition, EBITDA margin for the quarter was almost 18% inclusive of an investment in marketing in the quarter. So, Javier? 10 stocks we like better than Hain Celestial When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. And a quick follow-up on margins. The good news Alexia, just one last comment is we're getting close to 5% of sales on marketing in North America, but it's higher for the Get Bigger brands and lower for Get Better. The TeaWell innovation continues to expand distribution and is performing very well and we're bringing out 14 new SKUs this fall with new category benefits. Thank you. But given the ongoing uncertainty related to COVID-19, including the magnitude and duration of the pandemic and its impact on consumer shopping behaviors, we have decided not to provide specific guidance for fiscal ’21. No. So it's -- consumers are very used to buying private label. The adjusted EBITDA margin for the Get Bigger brands improved 340 basis points compared to Q4 last year, yielding a margin of 17.9%. They have an open society. Okay. But it’s a very nice incremental business that we didn’t have before and it makes a great addition to Personal Care portfolio that was growing very nicely beforehand and continues to grow very nicely through the pandemic. Thank you. Zacks-5.49%. We have probably 25% more capital this year than last year. Sales of the Get Better brands also improved to virtually flat after adjusting for divestitures and discontinued brands, driven by strong momentum in our center of store cooking brands. 09:40AM : Hain Celestial (HAIN) Q1 Earnings Top Estimates, Sales Up Y/Y. Do you have any visibility into the International businesses household penetration repeat rates in isolation? And finally, our business is well positioned for continued success. That's helpful. This growth primarily came from several product lines. But I think Continental Europe is ahead of us and the UK is behind us in terms of kind of reopening of society and getting back to business as usual. The company was founded by Irwin David Simon … Please proceed with your question. Got it. Consumers have tried our products for the first time during the pandemic and are repeating. Our mission is to be the leading marketer, manufacturer and seller of organic and natural, better-for-you products. Thanks, good morning. When accounting for all channels, our Personal Care portfolio is growing 30% faster than what you can see in the 12 week MULO data with Alba and Live Clean consumption for both brands growing more than 40%. Michael Lavery -- Piper Sandler -- Analyst. Our mission is to be the leading marketer, manufacturer and seller of organic and natural, better-for-you products. Fourth quarter operating cash flow improved by $72 million to $93 million and operating free cash flow defined as operating cash flow less capex improved by about $79 million from practically zero in the prior year period. And then the last thing I would just say is, you got to remember over the last 18 months, we've been reducing SKUs and eliminating uneconomic spending. This represents a 26% increase versus Q4 last year. Within Personal Care which was negatively impacted at the beginning of the pandemic when consumers were self isolating, we have also had much success. 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