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SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Reported Segment Revenue, Profit or Loss and Significant Segment Expenses

Reported segment revenue, segment profit or loss, and significant segment expenses are as follows:

									Three Months Ended March 31,
									2025						2024
Net sales									$	792.0					$	820.7
Cost of sales									676.8						708.7
Selling, distribution, general, and administrative:
Freight out and commissions									26.0						31.8
Direct selling, general, and administrative									18.1						10.1
Corporate selling, general, and administrative									48.0						56.8
Amortization expense									13.1						12.1
Other operating expense, net			(1)						15.5						6.4
Total other expense			(2)						38.1						10.1
Income tax benefit									(11.8)						(3.6)
Net loss									$	(31.8)					$	(11.7)

(1)Other operating expense, net includes other segment items, primarily including expenses related to Restructuring programs. Refer to Note 3 to our Condensed Consolidated Financial Statements for additional information.

(2)Total other expense includes other segment items, primarily including interest expense, interest income, loss on extinguishment of debt, foreign currency exchange, and mark-to-market adjustments on derivatives.

Schedule of Segment Revenue Disaggregated by Product Category and Sales Channel

Revenue disaggregated by product category groups is as follows:

						Three Months Ended March 31,
						2025						2024
						(In millions)
Snacking						$	265.5					$	314.8
Beverages & drink mixes						303.1						267.7
Grocery						223.4						238.2
Total net sales						$	792.0					$	820.7

Revenue disaggregated by sales channel is as follows:

						Three Months Ended March 31,
						2025						2024
						(In millions)
Retail grocery						$	624.4					$	649.9
Co-manufacturing						91.4						100.0
Food-away-from-home and other						76.2						70.8
Total net sales						$	792.0					$	820.7

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

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-Topic 280
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-Section 50
-Paragraph 30
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