The following table illustrates reportable segment net sales and Segment Adjusted EBITDA for the thirteen and thirty-nine weeks ended February 22, 2026 and February 23, 2025, respectively.


	Thirteen Weeks Ended
	February 22, 2026						February 23, 2025
(in millions)	North America		International		Total		North America		International		Total
Net sales	$	1,035.0	$	529.8	$	1,564.8	$	986.3	$	534.2	$	1,520.5
Other segment items (a)	745.2		511.3		1,256.5		683.7		440.1		1,123.8
Segment Adjusted EBITDA (b)	$	289.8	$	18.5	$	308.3	$	302.6	$	94.1	$	396.7

Unallocated corporate costs (c)					(36.6)						(23.7)
Depreciation and amortization (d)					98.9						98.5
Unrealized derivative gains					(11.0)						(5.9)
Foreign currency exchange (gains) losses					(11.5)						7.0
Blue chip swap gains (e)					—						(0.6)
Stock-based compensation					10.5						9.2
Items impacting comparability:
Cost Savings Program, Restructuring Plan, and other expenses (f)					55.5						10.3
Shareholder activism expense (g)					—						3.7

Interest expense, net					45.0						47.3
Income before income taxes					84.3						203.5
Income tax expense					30.3						57.5
Net income					$	54.0					$	146.0

(b)Segment Adjusted EBITDA for the thirteen weeks ended February 23, 2025, included an approximately $9 million benefit ($7 million after-tax) related to a voluntary product withdrawal initiated in the fourth quarter of fiscal 2024. This includes an approximately $6 million benefit ($5 million after-tax) in net sales and an approximately $3 million benefit ($2 million after-tax) in cost of sales. North America included approximately $3 million of the total benefit and International included approximately $6 million of total benefit.

allocated to the segments. In the table, unallocated corporate costs exclude unrealized derivative gains and losses, foreign currency exchange gains and losses, blue chip swap transaction gains, stock-based compensation expense, and other items impacting comparability. These items are added back to reconcile Segment Adjusted EBITDA to net income.

(d)Depreciation and amortization includes interest expense, income tax expense, and depreciation and amortization relating to equity method investments of $2.1 million and $2.0 million for the thirteen weeks ended February 22, 2026 and February 23, 2025, respectively.

(e)We entered into blue chip swap transactions to transfer U.S. dollars into Argentina primarily related to funding our capacity expansion in Argentina, which is now complete. The blue chip swap rate can diverge significantly from Argentina’s official exchange rate.

(f)Cost Savings Program, Restructuring Plan, and other expenses relate to costs incurred under the Plans. See Note 4, Cost Savings Program and Restructuring, of these Condensed Notes to Consolidated Financial Statements for additional information.


	Thirty-Nine Weeks Ended
	February 22, 2026						February 23, 2025
(in millions)	North America		International		Total		North America		International		Total
Net sales	$	3,189.1	$	1,653.1	$	4,842.2	$	3,162.1	$	1,613.4	$	4,775.5
Other segment items (a)	2,351.5		1,550.2		3,901.7		2,312.3		1,419.3		3,731.6
Segment Adjusted EBITDA (b)	$	837.6	$	102.9	$	940.5	$	849.8	$	194.1	$	1,043.9

Unallocated corporate costs (c)					(81.0)						(77.3)
Depreciation and amortization (d)					294.8						282.4
Unrealized derivative gains					(3.8)						(11.8)
Foreign currency exchange (gains) losses					(9.4)						17.2
Blue chip swap gains (e)					—						(20.5)
Stock-based compensation					30.6						31.0
Items impacting comparability:
Cost Savings Program, Restructuring Plan, and other expenses (f)					101.5						169.4
Shareholder activism expense (g)					4.0						4.1
Pension settlement (h)					14.2						—
Interest expense, net					133.0						135.8
Income before income taxes					294.6						359.0
Income tax expense					114.2						121.7
Net income					$	180.4					$	237.3

(b)Segment Adjusted EBITDA for the thirty-nine weeks ended February 23, 2025, includes an estimated $31 million charge ($24 million after-tax) related to the voluntary product withdrawal that was initiated in the fourth quarter of fiscal 2024. This includes an approximately $9 million loss ($7 million after-tax) in net sales and an approximately $22 million charge ($17 million after-tax) in cost of sales. The total charge to reporting segments was approximately $19 million to the North America segment and approximately $12 million to the International segment.

(c)Unallocated corporate costs include costs related to corporate support staff and support services, which include, but are not limited to, our administrative, information technology, human resources, finance, and accounting functions that are not specifically allocated to the segments. In the table, unallocated corporate costs exclude unrealized derivative gains and losses, foreign currency exchange gains and losses, blue chip swap transaction gains, stock-based compensation expense, and other items impacting comparability. These items are added back to reconcile Segment Adjusted EBITDA to net income.

(d)Depreciation and amortization includes interest expense, income tax expense, and depreciation and amortization relating to equity method investments of $6.5 million and $6.1 million for the thirty-nine weeks ended February 22, 2026 and February 23, 2025, respectively.

(h)The Pension settlement charge was to fully fund the Company’s defined benefit pension plan, enabling lump sum payments to participants and transferring the remaining obligations and related plan assets to an insurer through a group annuity contract.