SEGMENT INFORMATION

3 Months Ended

Dec. 30, 2023

Segment Reporting [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATION

The Company divides its operations into three reportable segments: U.S. Consumer, Hawthorne and Other. U.S. Consumer consists of the Company’s consumer lawn and garden business in the United States. Hawthorne consists of the Company’s indoor and hydroponic gardening business. Other primarily consists of the Company’s consumer lawn and garden business in Canada. This identification of reportable segments is consistent with how the segments report to and are managed by the chief operating decision maker of the Company. In addition, Corporate consists of general and administrative expenses and certain other income and expense items not allocated to the business segments.

The performance of each reportable segment is evaluated based on several factors, including income (loss) before income taxes, amortization, impairment, restructuring and other charges (“Segment Profit (Loss)”). Senior management uses Segment Profit (Loss) to evaluate segment performance because the Company believes this measure is indicative of performance trends and the overall earnings potential of each segment.

The following tables present financial information for the Company’s reportable segments for the periods indicated:

	Three Months Ended
	December 30, 2023		December 31, 2022
Net Sales:
U.S. Consumer	$	306.7	$	369.0
Hawthorne	80.1		131.5
Other	23.6		26.1
Consolidated	$	410.4	$	526.6
Segment Profit (Loss):
U.S. Consumer	$	(15.5)	$	31.3
Hawthorne	(9.7)		(16.2)
Other	(5.0)		1.4
Total Segment Profit (Loss)	(30.2)		16.5
Corporate	(26.0)		(31.9)
Intangible asset amortization	(4.0)		(7.7)
Impairment, restructuring and other	12.9		(18.7)
Equity in loss of unconsolidated affiliates	(22.5)		(11.4)
Interest expense	(42.8)		(42.7)
Other non-operating income (expense), net	(1.6)		1.6
Loss before income taxes	$	(114.2)	$	(94.3)

The following table presents net sales by product category for the periods indicated:

	Three Months Ended
	December 30, 2023		December 31, 2022
U.S. Consumer:
Lawn care	$	118.8	$	145.4
Growing media and mulch	72.0		97.1
Controls	53.4		58.2
Roundup® marketing agreement	23.4		20.3
Other, primarily gardening	39.1		48.0
Hawthorne:
Lighting	31.9		50.3
Nutrients	16.6		22.8
Growing environments	11.5		25.5
Growing media	11.2		17.8
Other, primarily hardware	8.9		15.1
Other:
Growing media	13.2		15.4
Lawn care	2.3		2.6
Other, primarily gardening and controls	8.1		8.1
Total net sales	$	410.4	$	526.6

The following table presents net sales by geographic area for the periods indicated:

	Three Months Ended
	December 30, 2023		December 31, 2022
Net sales:
United States	$	365.8	$	465.0
International	44.6		61.6
	$	410.4	$	526.6