v3.25.2
SEGMENT INFORMATION (Tables)
 9 Months Ended
Jun. 29, 2025
Segment Reporting [Abstract]  
Schedule of Net Sales Relating to Segments
Net sales relating to the segments for the three and nine month periods ended June 29, 2025 and June 30, 2024, are as follows:
Three Month Periods EndedNine Month Periods Ended
(in millions)June 29, 2025June 30, 2024June 29, 2025June 30, 2024
GPC$255.2 $282.2 $784.4 $849.0 
H&G189.2 211.0 433.6 443.7 
HPC255.2 286.2 857.5 897.5 
Net sales$699.6 $779.4 $2,075.5 $2,190.2 
Schedule of Segment Information
Segment Adjusted EBITDA for the reportable segments for the three and nine month periods ended June 29, 2025 and June 30, 2024, are as follows:
Three Month Periods EndedNine month periods ended
(in millions)June 29, 2025June 30, 2024June 29, 2025June 30, 2024
GPC$44.0 $56.7 $145.5 $171.8 
H&G38.6 43.3 74.6 71.8 
HPC7.0 11.8 41.0 56.3 
Total segment adjusted EBITDA89.6 111.8 261.1 299.9 
Corporate13.6 18.9 39.0 51.2 
Interest expense8.4 15.7 22.1 51.8 
Interest income(0.6)(13.4)(3.6)(54.3)
Depreciation14.6 14.1 42.6 42.9 
Amortization10.5 11.1 31.5 33.4 
Share based compensation4.8 4.5 14.7 12.9 
Non-cash impairment charges7.8 5.1 23.5 48.6 
Non-cash purchase accounting adjustments— 0.2 — 1.1 
Loss (gain) from early extinguishment of debt— 2.2 — (2.6)
Exit and disposal costs4.2 0.1 8.2 1.0 
HHI separation costs1
0.3 0.9 1.4 3.0 
HPC separation initiatives1
(0.1)5.4 0.9 8.5 
Global ERP transformation1
2.3 4.3 7.1 11.2 
HPC product recall2
— 0.6 — 6.6 
Representation and warranty insurance proceeds3
— — — (65.0)
Litigation costs4
1.2 0.8 2.8 2.2 
Other5
0.6 (0.2)1.1 0.7 
Income from continuing operations before income taxes$22.0 $41.5 $69.8 $146.7 
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1    Incremental costs associated with strategic transactions, restructuring and optimization initiatives, including, but not limited to, the acquisition or divestiture of a business, related integration or separation costs, or the development and implementation of strategies to optimize or restructure operations
2    Incremental net costs from product recalls in the HPC segment. See Note 14 - Commitments and Contingencies for further detail.
3    Gain from the receipt of insurance proceeds on representation and warranty policies during the prior year associated with the Tristar Business acquisition. See Note 14 - Commitments and Contingencies for further detail.
4    Litigation costs associated with the Tristar Business acquisition. See Note 14 - Commitments and Contingencies for further detail.
5    Other is attributable to other project costs associated with distribution center transitions and key executive severance and one-time compensatory costs.