v3.26.1
SEGMENT INFORMATION (Tables)
 9 Months Ended
Jun. 27, 2026
Segment Reporting [Abstract]  
Summary of Segment Financial Information
The following table presents net sales by segment and a reconciliation to the Company’s consolidated net sales for the periods indicated:
Three Months EndedNine Months Ended
June 27,
2026		June 28,
2025		June 27,
2026		June 28,
2025
U.S. Consumer reportable segment$1,032.9 $1,030.2 $2,738.4 $2,682.6 
Other non-reportable operating segment139.2 129.1 247.7 233.1 
Consolidated$1,172.1 $1,159.3 $2,986.1 $2,915.7 
The following table presents Segment Profit (Loss), including the significant segment expenses provided to the CODM, and a reconciliation to income from continuing operations before income taxes for the periods indicated:
Three Months EndedNine Months Ended
June 27,
2026		June 28,
2025		June 27,
2026		June 28,
2025
U.S. Consumer reportable segment
Net sales$1,032.9 $1,030.2 $2,738.4 $2,682.6 
Adjusted cost of sales (a)
694.7 682.3 1,722.9 1,716.9 
Adjusted selling, general and administrative (b)
104.0 105.0 324.6 311.5 
Other segment items (c)
4.4 7.6 14.8 17.0 
Segment Profit229.8 235.2 676.1 637.2 
Other non-reportable operating segment profit18.6 16.9 29.0 22.8 
Corporate (d)
(29.9)(28.7)(99.9)(97.7)
Intangible asset amortization(0.7)(0.7)(2.0)(2.0)
Total impairment, restructuring and other (e)
(48.2)(0.9)(53.5)(34.6)
Equity in income of unconsolidated affiliates29.2 25.3 11.6 9.5 
Interest expense(28.0)(31.8)(86.5)(102.2)
Other non-operating expense, net(15.6)(1.3)(17.9)(3.9)
Income from continuing operations before income taxes$155.2 $214.0 $456.9 $429.1 
(a)“Adjusted cost of sales” is defined as cost of sales excluding intangible asset amortization, and does not include activity classified as impairment, restructuring and other.
(b)“Adjusted selling, general and administrative” is defined as selling, general and administrative expenses excluding intangible asset amortization, and does not include activity classified as impairment, restructuring and other.
(c)Other segment items consist of activities such as the discount on sales of accounts receivable under the Master Receivables Purchase Agreement, royalty income from the licensing of certain of the Company’s brand names and foreign exchange transaction gains and losses.
(d)The Company incurs costs attributable to corporate functions such as corporate finance, human resources, legal, communications, corporate affairs, corporate travel and corporate executive costs which are considered corporate costs of the Company and not allocated to the segments.
(e)Total impairment, restructuring and other is comprised of the activity classified within the “Cost of sales—impairment, restructuring and other” and “Impairment, restructuring and other” lines in the Condensed Consolidated Statements of Operations. Refer to “NOTE 4. IMPAIRMENT, RESTRUCTURING AND OTHER” for further details.
The following table presents certain other segment disclosures for the periods indicated:
Three Months EndedNine Months Ended
June 27,
2026		June 28,
2025		June 27,
2026		June 28,
2025
Depreciation and amortization:
U.S. Consumer$14.8 $13.5 $43.2 $40.7 
Share-based compensation:
U.S. Consumer (a)
$4.3 $11.3 $13.1 $31.0 
(a)    Includes certain advertising expenses paid for in Common Shares for the three and nine months ended June 28, 2025.
The following table presents net sales by product category for the periods indicated:
Three Months EndedNine Months Ended
June 27,
2026		June 28,
2025		June 27,
2026		June 28,
2025
U.S. Consumer:
Growing media and mulch$589.5 $601.2 $1,262.3 $1,290.7 
Lawn care216.6 227.6 831.6 804.3 
Controls136.0 113.1 345.9 305.4 
Roundup® marketing agreement
43.1 42.1 151.8 132.9 
Other, primarily gardening47.7 46.2 146.8 149.3 
Other:
Growing media56.3 51.2 92.4 87.0 
Lawn care48.6 42.0 84.4 72.7 
Other, primarily gardening and controls34.3 35.9 70.9 73.4 
Total net sales$1,172.1 $1,159.3 $2,986.1 $2,915.7