v3.25.4
Business Segment Information (Tables)
12 Months Ended
Jan. 03, 2026
Business Segment Information  
Schedule of reportable segment results

Our reportable segment results were as follows (in thousands):

Fiscal Year Ended

January 3,

December 28,

December 30,

2025

2024

2023

Segment net sales:

Specialty

$

629,976

$

679,076

$

722,429

Meals

444,426

462,397

477,567

Frozen & Vegetables

358,571

395,785

473,570

Spices & Flavor Solutions

395,714

395,196

388,747

Total segment net sales

1,828,687

1,932,454

2,062,313

Segment adjusted expenses:

Specialty

470,291

508,939

552,016

Meals

337,830

361,344

374,521

Frozen & Vegetables

358,902

386,263

446,482

Spices & Flavor Solutions

295,795

284,348

276,502

Total segment adjusted expenses

1,462,818

1,540,894

1,649,521

Segment adjusted EBITDA:

Specialty

159,685

170,137

170,413

Meals

106,596

101,053

103,046

Frozen & Vegetables

(331)

9,522

27,088

Spices & Flavor Solutions

99,919

110,848

112,245

Total segment adjusted EBITDA

$

365,869

$

391,560

$

412,792

Unallocated corporate expenses

$

93,669

$

96,147

$

94,797

Depreciation and amortization

66,223

68,614

69,620

Acquisition/divestiture-related and non-recurring expenses

14,655

8,938

5,877

Impairment of goodwill

70,580

(Gain) loss on sales of assets

(2,867)

135

137,798

Impairment of assets held for sale

28,500

Impairment of intangible assets

60,798

320,000

20,500

Impairment of property, plant and equipment, net

2,994

208

Interest expense, net

149,631

157,447

151,333

Income tax benefit

(4,477)

(79,258)

(935)

Net loss

$

(43,257)

$

(251,251)

$

(66,198)