v3.25.4
REVENUE RECOGNITION AND RECEIVABLES (Tables)
3 Months Ended
Dec. 28, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue The following table disaggregates our revenue for the three month periods ended December 28, 2025 and December 29, 2024, by segment and geographic region (based upon destination) and revenue type.
Three Month Period Ended December 28, 2025Three Month Period Ended December 29, 2024
(in millions)GPCH&GHPCTotalGPCH&GHPCTotal
Geographic Region
NA$168.7 $72.0 $109.8 $350.5 $152.0 $90.5 $131.2 $373.7 
EMEA102.6 — 144.6 247.2 99.0 — 157.8 256.8 
LATAM3.2 1.9 50.1 55.2 2.1 1.6 40.0 43.7 
APAC7.1 — 17.0 24.1 6.9 — 19.1 26.0 
Total revenue$281.6 $73.9 $321.5 $677.0 $260.0 $92.1 $348.1 $700.2 
Revenue type
Product sales$278.9 $73.6 $319.9 $672.4 $257.1 $91.9 $346.3 $695.3 
Licensing1.8 0.3 1.6 3.7 2.1 0.2 1.7 4.0 
Service and other0.9 — — 0.9 0.8 — 0.1 0.9 
Total revenue$281.6 $73.9 $321.5 $677.0 $260.0 $92.1 $348.1 $700.2 
Schedule of Significant Concentration Risk Associated The following table summarizes significant concentration risk associated with net sales for the three month periods ended December 28, 2025 and December 29, 2024.
(% of Net Sales)December 28, 2025December 29, 2024
Significant customers, exceeding 10% of net sales37.1 %38.0 %
Subject to Black & Decker trademark license agreement13.6 %12.5 %
The following summarizes the concentration risk of the associated receivables from the two significant retail customers. There were no additional concentrations of credit risk exceeding 10% of net trade receivables.
(% of Trade Receivables, Net)December 28, 2025September 30, 2025
Significant customers, exceeding 10% of net trade receivables40.6 %41.6 %
Schedule of Allowance Product Returns
The following summarizes the allowance for product returns with direct customers and estimated credit losses on trade receivables as of December 28, 2025 and September 30, 2025. Costs and reserves associated with standard product warranties with consumers are not material to the condensed consolidated financial statements.
(in millions)Line ItemDecember 28, 2025September 30, 2025
Allowance for doubtful accountsTrade receivables, net$7.1 $6.3 
Liability for product returnsOther current liabilities13.1 9.8