Business Segment Information (Tables)

3 Months Ended

Mar. 02, 2025

Segment Reporting [Abstract]

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

Business segment information for the Company is as follows: 

	Three Months Ended
	March 2, 2025		February 25, 2024
	(Dollars in millions)
Net revenues:
Americas	$	783.0	$	735.8
Europe	400.5		423.5
Asia	308.1		288.8
Total segment net revenues	1,491.6		1,448.1
Beyond Yoga®	35.2		32.1
Total net revenues	$	1,526.8	$	1,480.2
Income (loss) from continuing operations before income taxes:
Americas	$	169.7	$	132.4
Europe	102.4		103.5
Asia	57.9		48.5
Total segment operating income	330.0		284.4
Beyond Yoga operating (loss) income	(3.1)		(0.9)
Restructuring charges, net(1)	(6.7)		(113.1)
Corporate expenses(2)	(128.6)		(169.8)
Interest expense	(10.9)		(10.0)
Other expense, net(2)	(4.1)		(2.3)
Income (loss) from continuing operations before income taxes	$	176.6	$	(11.7)

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(1)Restructuring charges, net for the three months ended March 2, 2025 consisted primarily of severance and other post-employment benefit charges, and asset impairment and contract termination costs in connection with Project Fuel.

Restructuring charges, net for the three months ended February 25, 2024 consisted primarily of severance and other post-employment benefit charges in connection with Project Fuel.

(2)$3.1 million benefit related to incentive compensation for the Dockers business was reclassified from Corporate expenses to SG&A within discontinued operations for the three months ended February 25, 2024.