v3.26.3
BUSINESS SEGMENTS AND RELATED INFORMATION (Tables)
3 Months Ended
Aug. 30, 2026
BUSINESS SEGMENTS AND RELATED INFORMATION  
Schedule of segment reporting information

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Thirteen Weeks Ended August 30, 2026

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Grocery &
Snacks

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Refrigerated
& Frozen

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International

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Foodservice

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Total

Net sales

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$

1,051.1

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$

1,053.8

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$

218.1

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$

272.9

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$

2,595.9

Segment cost of goods sold1

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737.5

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860.0

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157.9

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221.9

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1,977.3

Segment SG&A expenses2

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108.7

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94.2

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25.8

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20.1

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248.8

Segment operating profit

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$

204.9

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$

99.6

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$

34.4

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$

30.9

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$

369.8

General corporate expenses3

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104.2

Other charges, net4

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(2.8)

Operating profit

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$

268.4

Pension and postretirement non-service income

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5.9

Interest expense, net

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91.8

Equity method investment earnings

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50.4

Income before income taxes

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$

232.9

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Thirteen Weeks Ended August 24, 2025

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Grocery &
Snacks

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Refrigerated
& Frozen

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International

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Foodservice

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Total

Net sales

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$

1,079.6

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$

1,076.2

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$

212.3

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$

264.5

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$

2,632.6

Segment cost of goods sold1

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752.9

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866.9

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151.4

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217.9

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1,989.1

Segment SG&A expenses2

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105.9

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94.9

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23.2

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18.9

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242.9

Segment operating profit

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$

220.8

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$

114.4

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$

37.7

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$

27.7

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$

400.6

General corporate expenses3

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92.3

Gain on divestitures

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(42.4)

Other charges, net4

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3.3

Operating profit

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$

347.4

Pension and postretirement non-service income

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6.1

Interest expense, net

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93.8

Equity method investment earnings

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29.4

Income before income taxes

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$

289.1

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1 Segment cost of goods sold does not include items recorded in the Cost of goods sold line on our Condensed Consolidated Statements of Earnings that are presented in the Other charges, net line of this table.

2 Segment SG&A expenses are regularly provided to the CODM as a percent of net sales. Segment SG&A expenses do not include items recorded in the Selling, general and administrative expenses line of our Condensed Consolidated Statements of Earnings that are presented in the Other charges, net line of this table.

3 General corporate expenses relate to certain costs that are shared across multiple segments but are not directly attributable, which include executive compensation, share-based payment expense, and costs associated with certain corporate functions.

4 Other charges include net charges related to our restructuring plans and legal matter recoveries.

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Thirteen Weeks Ended

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August 30, 2026

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August 24, 2025

Frozen

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$

877.7

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$

898.5

Staples

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Other shelf-stable

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552.4

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568.5

Refrigerated

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176.1

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177.7

Snacks

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498.7

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511.1

International

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218.1

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212.3

Foodservice

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272.9

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264.5

Total net sales

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$

2,595.9

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$

2,632.6

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Thirteen Weeks Ended

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August 30, 2026

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August 24, 2025

Grocery & Snacks

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$

35.9

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$

36.1

Refrigerated & Frozen

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42.7

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40.7

International

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3.8

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3.5

Foodservice

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11.6

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11.2

Total Reporting Segments

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94.0

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91.5

Corporate

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3.9

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3.8

Total Company

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$

97.9

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$

95.3

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