v3.26.1
Segment Data (Tables)
 9 Months Ended
Jul. 31, 2026
Segment Reporting [Abstract]  
Schedule of Financial Information Concerning Reportable Segments
The following tables present summarized financial information concerning the company’s reportable business segments and Other activities (dollars in millions):
Three Months Ended July 31, 2026ProfessionalResidentialOtherTotal
Net sales from external customers$988.2 $209.2 $28.4 $1,225.8 
Intersegment gross sales (eliminations)24.4 0.1 (24.5)— 
Net sales1,012.6 209.3 3.9 1,225.8 
Cost of sales627.6 169.4 10.7 807.7 
Selling, general and administrative expense174.5 27.5 57.8 259.8 
Non-cash impairment charges1
— — 43.1 43.1 
Other income, net1.3 — 4.2 5.5 
Segment profit/(loss)$211.8 $12.4 $(103.5)$120.7 
Interest expense(13.8)
Provision for income taxes29.9 
Net earnings$77.0 
Nine Months Ended July 31, 2026ProfessionalResidentialOtherTotal
Net sales from external customers$2,882.2 $725.6 $79.0 $3,686.8 
Intersegment gross sales (eliminations)61.0 0.1 (61.1)— 
Net sales2,943.2 725.7 17.9 3,686.8 
Cost of sales1,836.8 578.6 34.1 2,449.5 
Selling, general and administrative expense536.0 91.6 169.3 796.9 
Non-cash impairment charges1
— — 43.1 43.1 
Other income, net3.4 0.4 18.9 22.7 
Segment profit/(loss)$573.8 $55.9 $(209.7)$420.0 
Interest expense(42.8)
Provision for income taxes86.9 
Net earnings$290.3 
Three Months Ended August 1, 2025ProfessionalResidentialOtherTotal
Net sales from external customers$913.3 $192.6 $25.4 $1,131.3 
Intersegment gross sales (eliminations)17.5 0.2 (17.7)— 
Net sales930.8 192.8 7.7 1,131.3 
Cost of sales576.1 161.0 12.4 749.5 
Selling, general and administrative expense157.6 28.8 49.5 235.9 
Non-cash impairment charge2
— — 81.1 81.1 
Other income, net1.4 0.7 6.0 8.1 
Segment profit/(loss)$198.5 $3.7 $(129.3)$72.9 
Interest expense(15.1)
Provision for income taxes4.3 
Net earnings$53.5 
Nine Months Ended August 1, 2025ProfessionalResidentialOtherTotal
Net sales from external customers$2,661.8 $711.0 $71.4 $3,444.2 
Intersegment gross sales (eliminations)51.9 0.2 (52.1)— 
Net sales2,713.7 711.2 19.3 3,444.2 
Cost of sales1,689.7 575.7 24.7 2,290.1 
Selling, general and administrative expense499.0 99.3 157.3 755.6 
Non-cash impairment charge2
— — 81.1 81.1 
Other income, net2.8 0.8 17.5 21.1 
Segment profit/(loss)$527.8 $37.0 $(226.3)$338.5 
Interest expense(45.9)
Provision for income taxes49.5 
Net earnings$243.1 
1    Other activities adjusted earnings (loss) before income taxes includes non-cash impairment charges of $43.1 million related to the planned closure of the Monterrey manufacturing facility and the write-down of assets associated with the exit of a residential mower platform. Both charges were recorded during the third quarter of fiscal 2026. For additional information regarding the non-cash impairment charges, refer to Note 8, Property, Plant, and Equipment, Net.
2 Other activities adjusted earnings (loss) before income taxes includes an $81.1 million non-cash impairment charge recorded during the third quarter of fiscal 2025 related to the Spartan trade name. For additional information regarding the impairment charge, refer to Note 5, Goodwill and Other Intangible Assets, Net.
Nine Months Ended July 31, 2026ProfessionalResidentialOtherTotal
Total assets$2,682.1 $400.3 $453.6 $3,536.0 
Depreciation and amortization$75.8 $12.9 $12.6 $101.3 
Nine Months Ended August 1, 2025ProfessionalResidentialOtherTotal
Total assets$2,518.6 $486.4 $514.8 $3,519.8 
Depreciation and amortization$68.1 $15.4 $14.6 $98.1