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SEGMENT INFORMATION
 6 Months Ended
Mar. 29, 2026
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
The Company is a diversified global branded consumer products company managed through three product-focused reporting segments: (i) GPC, which consists of the Company’s global pet care business; (ii) H&G, which consists of the Company’s home and garden, insect control and cleaning products business; and (iii) HPC, which consists of the Company’s global small kitchen and personal care appliances business. The Company identifies its segments as those operations whose results the Chief Operating Decision Maker ("CODM"), recognized as the Company's Chief Executive Officer, regularly reviews for making operating decisions, allocating capital and resources amongst the operations, and assessing performance as the source of its reportable segments. Global strategic initiatives and financial objectives for each reportable segment are determined at the corporate level. Each segment is responsible for implementing defined strategic initiatives and achieving certain financial objectives and has a president responsible for the sales and marketing initiatives and financial results for product lines within the segment.
The CODM of the Company uses Adjusted EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization) as the primary operating metric in evaluating the business and making operating decisions. EBITDA is calculated by excluding the Company’s income tax expense, interest expense, depreciation expense and amortization expense (from intangible assets) from net income from continuing operations. Adjusted EBITDA also excludes certain non-cash adjustments including share based compensation, impairment charges on property, plant and equipment, operating and finance lease assets, and goodwill and other intangible assets; gain or loss from the early extinguishment of debt; and purchase accounting adjustments recognized in income subsequent to an acquisition attributable to the step-up in value on assets acquired. Additionally, the Company will further recognize adjustments from Adjusted EBITDA for other costs, gains and losses that are considered significant, non-recurring, or otherwise not supporting the continuing operations and revenue generating activity of the segment or Company, including but not limited to, exit and disposal activities or incremental costs associated with strategic transactions, restructuring and optimization initiatives such as the acquisition or divestiture of a business, related integration or separation costs, or the development and implementation of strategies to optimize or restructure the Company and its operations.
Segment net sales consists of revenue generated by contracts with external customers for the sale of products and services. The Company does not have any significant or material intrasegment revenues. See Note 3 - Revenue Recognition and Receivables for further breakdown of revenue by segment.
The segments are supported through center-led corporate shared service operations which are enabling functions to the segments consisting of finance and accounting, information technology, legal and human resources, supply chain and commercial operations. Costs attributable to such shared service operations are allocated to the segments based upon various metrics which are considered representative to the use and support provided by such enabling functions to each of the segments. From time to time, the Company may revise the measurement of overhead allocations and presentation of significant expenses, as determined by the information regularly reviewed by its CODM.
The Company has not included the results from discontinued operations within the following segment reporting when the discontinued operations were previously reported as a segment in any prior period. Indirect costs from shared enabling functions supporting discontinued operations during the fiscal periods of the Company’s ownership of the divested segment, prior to the completion of the divestiture, are excluded from the reporting of income (loss) from discontinued operations and included within the income (loss) for continuing operations as they are not direct costs of the disposal group. The indirect costs are considered unallocated shared service costs and not allocated across the remaining segments of the Company during the respective periods.
The Company also incurs costs attributable to corporate functions such as tax, treasury, internal audit, corporate finance, legal and corporate executive and board related governance costs, which are considered corporate costs of the Company and not allocated to the segments. Interest costs attributable to external borrowings, including finance leases, are not recognized or allocated to segments. Interest income is generally not recognized or allocated to segments.
NOTE 14 - SEGMENT INFORMATION (continued)
Financial information for the Company's segments, including net sales, significant expenses and reconciliation of Segment Adjusted EBITDA to Income from Continuing Operations Before Income Taxes for the three and six month periods ended March 29, 2026, and March 30, 2025 are as follows:
Three Month Periods EndedMarch 29, 2026March 30, 2025
(in millions)GPCH&GHPCTotalGPCH&GHPCTotal
Net sales$299.3 $169.5 $240.1 $708.9 $269.2 $152.3 $254.2 $675.7 
Cost of goods sold179.0 101.4 158.2 438.6 159.6 92.4 170.3 422.3 
Selling, general & administrative73.0 38.2 77.8 189.0 67.9 38.0 81.5 187.4 
Other non-operating expense, net(0.5)— 0.3 (0.2)0.2 — 0.1 0.3 
Addback: depreciation & amortization
9.0 4.9 4.3 18.2 8.5 4.8 5.0 18.3 
Segment Adjusted EBITDA$56.8 $34.8 $8.1 99.7 $50.0 $26.7 $7.3 84.0 
Interest expense7.3 7.5 
Depreciation13.9 14.0 
Amortization10.3 10.5 
Corporate costs16.2 13.1 
Interest income
(0.5)(0.4)
Share-based compensation6.0 5.2 
Non-cash impairment charges— 15.7 
Exit and disposal costs3.8 3.5 
Global ERP transformation1
2.4 2.3 
Litigation charges2
0.7 0.8 
Other3
2.8 0.4 
Income from continuing operations before income taxes$36.8 $11.4 
Six Month Periods EndedMarch 29, 2026March 30, 2025
(in millions)GPCH&GHPCTotalGPCH&GHPCTotal
Net sales$580.9 $243.4 $561.6 $1,385.9 $529.2 $244.4 $602.3 $1,375.9 
Cost of goods sold353.5 145.2 375.3 874.0 312.7 149.1 402.9 864.7 
Selling, general & administrative139.9 68.8 167.6 376.3 131.2 69.0 172.4 372.6 
Other non-operating expense, net(0.3)— 0.2 (0.1)0.7 — 3.1 3.8 
Addback: Depreciation & amortization18.0 9.9 10.3 38.2 16.9 9.7 10.1 36.7 
Segment Adjusted EBITDA$105.8 $39.3 $28.8 173.9 $101.5 $36.0 $34.0 171.5 
Interest expense14.1 13.7 
Depreciation29.5 28.0 
Amortization20.5 21.0 
Corporate costs28.4 25.4 
Interest income
(1.1)(3.0)
Share-based compensation10.3 9.9 
Non-cash impairment charges0.5 15.7 
Exit and disposal costs4.9 4.0 
Global ERP transformation1
4.8 4.8 
Litigation charges2
1.6 1.6 
Other3
3.1 2.6 
Income from continuing operations before income taxes$57.3 $47.8 
________________________________________
1    Costs attributable to a multi-year transformation project to upgrade and implement our enterprise-wide operating systems to SAP S/4 HANA on a global basis, including project management and professional services for planning, design, and business process review that do not qualify as software configuration and implementation costs recognized as capital expenditures or deferred costs under applicable accounting principles. The Company had recently extended the project to include its HPC segment and anticipates costs to be incurred through further deployments through calendar year 2026.
2    Litigation costs are associated with the Company's cost to facilitate various ongoing litigation matters associated with the Tristar Business acquisition in Fiscal 2023, as previously discussed in our 2025 Annual Report.
3    Other is attributable to other project costs associated with previous strategic separation initiatives, distribution center transitions and key executive severance costs.
NOTE 14 - SEGMENT INFORMATION (continued)
Depreciation and amortization relating to the segments are as follows for the three and six month periods ended March 29, 2026 and March 30, 2025 :
Three month periods endedSix month periods ended
(in millions)March 29, 2026March 30, 2025March 29, 2026March 30, 2025
GPC$9.0 $8.5 $18.0 $16.9 
H&G4.9 4.8 9.9 9.7 
HPC4.3 5.0 10.3 10.1 
Total segments18.2 18.3 38.2 36.7 
Corporate and shared operations6.0 6.2 11.8 12.3 
Total depreciation and amortization$24.2 $24.5 $50.0 $49.0 
Segment assets consist of Inventories, net. The following is a summary of segment assets and a reconciliation of segment assets to total assets of the Company as of March 29, 2026 and September 30, 2025:
Segment assets (in millions)March 29, 2026September 30, 2025
GPC$155.3 $161.4 
H&G145.4 92.2 
HPC186.4 192.5 
Total segment assets487.1 446.1 
Other current assets784.8 738.1 
Non-current assets2,202.0 2,195.4 
Total assets$3,473.9 $3,379.6 
Geographic Financial Information
Net sales by geographic regions (based upon destination) for the three and six month periods ended March 29, 2026 and March 30, 2025 are as follows:
Three month periods endedSix month periods ended
Net sales to external parties - Geographic Disclosure (in millions)March 29, 2026March 30, 2025March 29, 2026March 30, 2025
United States$413.9 $402.5 $752.8 $762.5 
Europe/MEA207.9 194.6 455.1 451.4 
Latin America56.3 50.2 111.5 93.9 
Asia-Pacific20.8 18.2 44.9 44.2 
North America - Other10.0 10.2 21.6 23.9 
Net sales$708.9 $675.7 $1,385.9 $1,375.9 
Long-lived asset information, consisting of Property, Plant and Equipment, Net, and Operating Lease Assets, for the three month periods ended March 29, 2026 and September 30, 2025 by geographic area are as follows:
Long-lived assets - Geographic Disclosure (in millions)March 29, 2026September 30, 2025
United States$301.0 $270.9 
Europe/MEA52.6 49.2 
Latin America2.5 2.1 
Asia-Pacific3.8 4.7 
North America - Other1.2 1.6 
Total long-lived assets$361.1 $328.5