Segment Information (Tables)

12 Months Ended

May 31, 2026

Summary of Results of Reportable Segments and Disaggregation of Revenues by Geography

The following tables present the results of our reportable segments consistent with our management philosophy, by representing the information we utilize, in conjunction with various strategic, operational and other financial performance criteria, in evaluating the performance of our portfolio of businesses, and a disaggregation of revenues by geography. We do not report identifiable assets by segment as this is not a metric used by our CODM to allocate resources or evaluate segment performance.


Year Ended May 31, 2026	CPG Segment		PCG Segment		Consumer Segment		Total
(In thousands)
Net Sales	$	3,069,785	$	2,131,914	$	2,661,723	$	7,863,422
Less:
Cost of Sales		1,753,894		1,200,584		1,650,905
Selling, General and Administrative Expenses		849,530		615,012		635,301
Other Segment Items (1)		18,033		7,274		13,072
Income Before Income Taxes	$	448,328	$	309,044	$	362,445	$	1,119,817
Less: Corporate/Other Expense								249,477
Consolidated Income Before Income Taxes							$	870,340


Year Ended May 31, 2025	CPG Segment		PCG Segment		Consumer Segment		Total
(In thousands)
Net Sales	$	2,874,452	$	1,995,816	$	2,502,376	$	7,372,644
Less:
Cost of Sales		1,660,611		1,107,047		1,554,508
Selling, General and Administrative Expenses		780,927		609,342		588,596
Other Segment Items (1)		7,803		1,452		26,445
Income Before Income Taxes	$	425,111	$	277,975	$	332,827	$	1,035,913
Less: Corporate/Other Expense								243,153
Consolidated Income Before Income Taxes							$	792,760


Year Ended May 31, 2024	CPG Segment		PCG Segment		Consumer Segment		Total
(In thousands)
Net Sales	$	2,827,813	$	1,958,606	$	2,548,858	$	7,335,277
Less:
Cost of Sales		1,632,435		1,105,889		1,582,364
Selling, General and Administrative Expenses		791,715		603,402		555,028
Other Segment Items (1)		15,342		3,565		8,263
Income Before Income Taxes	$	388,321	$	245,750	$	403,203	$	1,037,274
Less: Corporate/Other Expense								249,437
Consolidated Income Before Income Taxes							$	787,837

(1)

Other Segment Items includes Restructuring Expense, Goodwill Impairment (recorded within our Consumer segment in fiscal year 2025), Interest Expense, Investment (Income), Net and Other (Income) Expense, Net.

Net Sales and Long Lived Assets by Regions


Year Ended May 31, 2026	CPG Segment		PCG Segment		Consumer Segment		Consolidated
(In thousands)
Net Sales (based on shipping location) (2)
United States	$	2,048,843	$	1,394,159	$	2,078,739	$	5,521,741
Foreign
Canada		265,175		86,653		161,901		513,729
Europe		512,455		338,984		370,681		1,222,120
Latin America		242,876		36,573		25,531		304,980
Asia Pacific		-		154,047		24,871		178,918
Other Foreign		436		121,498		-		121,934
Total Foreign		1,020,942		737,755		582,984		2,341,681
Total	$	3,069,785	$	2,131,914	$	2,661,723	$	7,863,422

Year Ended May 31, 2025	CPG Segment		PCG Segment		Consumer Segment		Consolidated
(In thousands)
Net Sales (based on shipping location) (2)
United States	$	1,899,940	$	1,322,091	$	2,020,031	$	5,242,062
Foreign
Canada		264,727		90,656		163,783		519,166
Europe		483,808		295,822		273,104		1,052,734
Latin America		225,977		39,364		25,120		290,461
Asia Pacific		-		139,124		20,338		159,462
Other Foreign		-		108,759		-		108,759
Total Foreign		974,512		673,725		482,345		2,130,582
Total	$	2,874,452	$	1,995,816	$	2,502,376	$	7,372,644

Year Ended May 31, 2024	CPG Segment		PCG Segment		Consumer Segment		Consolidated
(In thousands)
Net Sales (based on shipping location) (2)
United States	$	1,815,667	$	1,292,672	$	2,077,278	$	5,185,617
Foreign
Canada		265,287		95,816		165,222		526,325
Europe		488,401		277,312		261,600		1,027,313
Latin America		258,458		39,251		25,072		322,781
Asia Pacific		-		149,920		19,686		169,606
Other Foreign		-		103,635		-		103,635
Total Foreign		1,012,146		665,934		471,580		2,149,660
Total	$	2,827,813	$	1,958,606	$	2,548,858	$	7,335,277

(2)

It is not practicable to obtain the information needed to disclose revenues attributable to each of our product lines.


May 31,	2026		2025
(In thousands)
Long-Lived Assets (3)
United States	$	1,605,234	$	1,475,984
Foreign
Canada		117,401		115,161
Europe		258,548		223,921
United Kingdom		142,471		126,648
Other Foreign		132,840		118,049
Total Foreign		651,260		583,779
Total	$	2,256,494	$	2,059,763

(3)

Long-lived assets include all non-current assets, excluding non-current deferred income taxes, goodwill and intangible assets.