Business Segment Information (Tables)

3 Months Ended

Mar. 29, 2025

Business Segment Information

Schedule of reportable segment results

Our reportable segment results were as follows (in thousands):

	Thirteen Weeks Ended
	March 29,		March 30,
	2025		2024
Segment net sales:
Specialty	$	134,400	$	154,729
Meals		106,142		120,031
Frozen & Vegetables		93,119		104,887
Spices & Flavor Solutions		91,741		95,576
Total segment net sales		425,402		475,223
Segment adjusted expenses:
Specialty		100,880		117,537
Meals		81,168		94,402
Frozen & Vegetables		94,592		97,057
Spices & Flavor Solutions		65,472		66,907
Total segment adjusted expenses		342,112		375,903
Segment adjusted EBITDA:
Specialty		33,520		37,192
Meals		24,974		25,629
Frozen & Vegetables		(1,473)		7,830
Spices & Flavor Solutions		26,269		28,669
Total segment adjusted EBITDA	$	83,290	$	99,320
Unallocated corporate expenses	$	24,152	$	24,275
Depreciation and amortization		16,838		17,209
Acquisition/divestiture-related and non-recurring expenses		2,313		1,637
Impairment of goodwill		—		70,580
Impairment of property, plant and equipment, net		2,994		—
Loss on sales of assets		—		135
Interest expense, net		37,758		37,825
Income tax benefit		(1,600)		(12,102)
Net income (loss)	$	835	$	(40,239)