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SEGMENT INFORMATION (Tables)
12 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Reconciliation of Revenue from Segments to Consolidated
The following table presents net sales by segment and a reconciliation to the Company’s consolidated net sales for the periods indicated:
Year Ended September 30,
202520242023
U.S. Consumer$2,993.7 $3,013.7 $2,843.7 
Hawthorne165.8 294.7 467.3 
Reportable segment total3,159.5 3,308.4 3,311.0 
Other non-reportable operating segment253.6 244.3 240.3 
Consolidated$3,413.1 $3,552.7 $3,551.3 
Segment Financial Information
The following tables present Segment Profit (Loss), including the significant segment expenses provided to the CODM, and a reconciliation to income (loss) before income taxes for the periods indicated:
Year Ended September 30, 2025
U.S. ConsumerHawthorneTotal
Net sales$2,993.7 $165.8 
Adjusted cost of sales (a)
2,008.4 129.6 
Adjusted selling, general and administrative (b)
392.1 34.0 
Other segment items (c)
20.6 (0.6)
Segment Profit$572.6 $2.8 $575.4 
Other non-reportable operating segment profit12.7 
Corporate(133.4)
Intangible asset amortization(12.3)
Total impairment, restructuring and other (d)
(83.8)
Equity in loss of unconsolidated affiliates(2.8)
Interest expense(128.8)
Other non-operating expense, net(5.3)
Income before income taxes$221.7 
Year Ended September 30, 2024
U.S. ConsumerHawthorneTotal
Net sales$3,013.7 $294.7 
Adjusted cost of sales (a)
2,147.8 258.6 
Adjusted selling, general and administrative (b)
347.8 51.8 
Other segment items (c)
20.1 (1.5)
Segment Profit (Loss)$498.0 $(14.2)$483.8 
Other non-reportable operating segment profit4.7 
Corporate(117.7)
Intangible asset amortization(15.7)
Total impairment, restructuring and other (d)
(146.3)
Equity in loss of unconsolidated affiliates(68.1)
Interest expense(158.8)
Other non-operating expense, net(5.5)
Loss before income taxes$(23.6)
Year Ended September 30, 2023
U.S. ConsumerHawthorneTotal
Net sales$2,843.7 $467.3 
Adjusted cost of sales (a)
2,056.6 446.7 
Adjusted selling, general and administrative (b)
334.3 67.3 
Other segment items (c)
(1.3)1.4 
Segment Profit (Loss)$454.1 $(48.1)$406.0 
Other non-reportable operating segment profit12.4 
Corporate(101.6)
Intangible asset amortization(25.2)
Total impairment, restructuring and other (d)
(466.0)
Equity in loss of unconsolidated affiliates(101.1)
Interest expense(178.1)
Other non-operating income, net0.3 
Loss before income taxes$(453.3)
(a)“Adjusted cost of sales” is defined as cost of sales excluding intangible asset amortization, and does not include activity classified as impairment, restructuring and other.
(b)“Adjusted selling, general and administrative” is defined as selling, general and administrative expenses excluding intangible asset amortization, and does not include activity classified as impairment, restructuring and other.
(c)Other segment items is comprised of activities such as the discount on sales of accounts receivable under the Master Receivables Purchase Agreement, royalty income from the licensing of certain of the Company’s brand names and foreign exchange transaction gains and losses.
(d)Total impairment, restructuring and other is comprised of the activity classified within the “Cost of sales—impairment, restructuring and other” and “Impairment, restructuring and other” lines in the Consolidated Statements of Operations. Refer to “NOTE 3. IMPAIRMENT, RESTRUCTURING AND OTHER” for further details.
The following tables present certain other segment disclosures for the periods indicated:
Year Ended September 30,
202520242023
Depreciation and amortization:
U.S. Consumer$54.5 $56.2 $58.2 
Hawthorne
13.0 16.7 25.8 
Reportable segment total$67.5 $72.9 $84.0 
Share-based compensation:
U.S. Consumer (a)
$38.1 $37.1 $35.3 
Hawthorne2.6 5.3 6.2 
Reportable segment total$40.7 $42.4 $41.5 
(a)Includes certain advertising expenses paid for in Common Shares.
Net sales by product category
The following table presents net sales by product category for the periods indicated:
Year Ended September 30,
202520242023
U.S. Consumer:
Growing media and mulch$1,364.6 $1,310.6 $1,223.7 
Lawn care909.5 929.6 897.4 
Controls392.5 414.6 362.9 
Roundup® marketing agreement
159.0 162.4 138.7 
Other, primarily gardening168.1 196.5 221.0 
Hawthorne:
Nutrients66.4 87.2 105.3 
Lighting55.9 108.2 165.9 
Growing media19.4 37.3 67.5 
Other, primarily hardware and growing environment24.1 62.0 128.6 
Other:
Growing media96.9 91.3 93.0 
Lawn care79.1 80.2 75.8 
Other, primarily gardening and controls77.6 72.8 71.5 
Total net sales$3,413.1 $3,552.7 $3,551.3 
Percentages of Largest Customers Consolidated Net Sales
The Company’s two largest customers accounted for the following percentages of net sales for the fiscal years ended September 30: 
Percentage of Net Sales
202520242023
The Home Depot34 %30 %29 %
Lowe’s18 %18 %18 %
Net Sales and Long-lived Assets by Geographic Area
The following table presents net sales by geographic area for the periods indicated:
Year Ended September 30,
202520242023
Net sales:
United States$3,134.5 $3,247.8 $3,209.5 
International278.6 304.9 341.8 
$3,413.1 $3,552.7 $3,551.3 
The following table presents property, plant and equipment by geographic area: 
September 30,
20252024
Property, plant and equipment:
United States$572.5 $549.4 
International59.1 60.1 
$631.6 $609.5