´óÏó´«Ã½

Quarterly report [Sections 13 or 15(d)]

RESTRUCTURING (Tables)

v3.25.4
RESTRUCTURING (Tables)
 9 Months Ended
Dec. 27, 2025
Restructuring and Related Activities [Abstract] Ìý
Schedule of Restructuring and Related Costs
The type of cost and respective location of restructuring charges related to Reinvent within ´óÏó´«Ã½'s Consolidated Statements of Operations for the three and nine months ended December 2025 and 2024, and the cumulative charges recorded since the inception of Reinvent were as follows:
Three Months Ended December Nine Months Ended December Cumulative Charges
(In thousands) 2025 2024 2025 2024
Type of Cost Location
Severance and employee-related benefits SG&A expenses $ (5,576) $ 16,976Ìý $ 9,886Ìý $ 36,275Ìý $ 140,710Ìý
Severance and employee-related benefits CostÌýofÌýgoodsÌýsold —Ìý —Ìý 3,820Ìý 181Ìý 10,003Ìý
Contract termination and other SG&A expenses —Ìý —Ìý 326Ìý 737Ìý 1,063Ìý
Contract termination and other CostÌýofÌýgoodsÌýsold —Ìý —Ìý —Ìý 157Ìý 157Ìý
Asset impairments and write-downs SG&A expenses —Ìý —Ìý 2,170Ìý 500Ìý 50,339Ìý
Pension withdrawal SG&A expenses 1,597Ìý —Ìý 1,597Ìý 3,619Ìý 5,216Ìý
Curtailment gains Other income (expense), net —Ìý (638) (531) (638) (1,467)
Accelerated depreciation SG&A expenses —Ìý 50Ìý —Ìý 929Ìý 1,317Ìý
Accelerated depreciation CostÌýofÌýgoodsÌýsold —Ìý —Ìý 322Ìý 17Ìý 339Ìý
Total Reinvent Restructuring Charges $ (3,979) $ 16,388Ìý $ 17,590Ìý $ 41,777Ìý $ 207,677Ìý
The type of cost and respective location of Other Restructuring Charges within ´óÏó´«Ã½'s Consolidated Statement of Operations for the three and nine months ended December 2025 and 2024 were as follows:
Three Months Ended December Nine Months Ended December
(In thousands) 2025 2024 2025 2024
Type of Cost Location
Severance and employee-related benefits SG&A expenses $ —Ìý $ —Ìý $ 788Ìý $ —Ìý
Contract termination and other SG&A expenses —Ìý —Ìý —Ìý 591Ìý
Total Other Restructuring Charges $ —Ìý $ —Ìý $ 788Ìý $ 591Ìý
Other Restructuring Charges by reportable segment were as follows:
Three Months Ended December Nine Months Ended December
(In thousands) 2025 2024 2025 2024
Active $ —Ìý $ —Ìý $ 331Ìý $ —Ìý
Corporate and other —Ìý —Ìý 457Ìý 591Ìý
Total $ —Ìý $ —Ìý $ 788Ìý $ 591Ìý
Schedule of Activity in Restructuring Accrual
The activity in the restructuring accrual related to Reinvent and Other Restructuring Charges for the nine-month period ended December 2025 was as follows:
(In thousands) Severance Other Total
Accrual at March 2025 $ 65,250Ìý $ 337Ìý $ 65,587Ìý
Restructuring charges 20,070Ìý —Ìý 20,070Ìý
Cash payments and settlements (59,935) —Ìý (59,935)
Adjustments to accruals (5,809) (337) (6,146)
Impact of foreign currency 699Ìý —Ìý 699Ìý
Accrual at December 2025 $ 20,275Ìý $ —Ìý $ 20,275Ìý