Revenue (Notes)

12 Months Ended

Sep. 30, 2024

Revenues [Abstract]

Revenue

REVENUE

The following table presents net sales by product.

	Year Ended September 30,
	2024		2023		2022
Shakes and other beverages	$	1,619.2	$	1,327.0	$	1,084.0
Powders	326.7		289.7		242.2
Other	50.3		50.1		45.3
Net Sales	$	1,996.2	$	1,666.8	$	1,371.5

The Company’s revenues were primarily generated by sales within the U.S.; foreign sales were 10.8%, 10.5% and 11.3% of total fiscal 2024, 2023 and 2022 net sales, respectively. The largest concentration of foreign sales in fiscal 2024, 2023 and 2022 was within Canada, which accounted for 37.7%, 40.8% and 35.4% of total foreign sales, respectively.

Three customers individually accounted for more than 10% of total net sales in each of the years ended September 30, 2024 and 2023 and two customers individually accounted for more than 10% of total net sales in the year ended September 30, 2022. One customer accounted for 35.8%, 33.9% and 31.9% of total net sales in the years ended September 30, 2024, 2023 and 2022, respectively. A second customer accounted for 27.3%, 30.0% and 31.6% of total net sales in the years ended September 30, 2024, 2023 and 2022, respectively. A third customer accounted for 11.7% and 11.4% of total net sales in the years ended September 30, 2024 and September 30, 2023, respectively, but did not account for more than 10% of total net sales in the year ended September 30, 2022.