Acquisitions and Divestitures	9 Months Ended
Jun. 27, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]
Acquisitions and Divestitures	Acquisitions and Divestitures Acquisitions On December 12, 2025, the Company acquired the U.S. assets of Champion USA LLC, a cattle fly-control company, for approximately $57 million in cash. The Company has not yet finalized the allocation of the purchase price to the fair value of the tangible and intangible assets acquired. Approximately $56 million of the purchase price remains unallocated and is included in other assets on the condensed consolidated balance sheet as of June 27, 2026. Divestitures On April 13, 2026, the Company completed the sale of substantially all of the assets and operations, excluding accounts receivable, comprising its Pet Distribution business to Phillips Pet Food & Supplies ("Phillips"), a leading national distributor of pet products. As part of the transaction, the Company received cash proceeds of approximately $31 million plus a note receivable of $5 million and retained a 20% ownership interest in the newly formed partnership of $26.1 million. The retained investment was measured at fair value upon deconsolidation and is included in other assets on the condensed consolidated balance sheets. The investment is accounted for under the equity method of accounting. The Company divested net assets of $57 million, including inventory of $69 million and recognized a pre-tax gain of $2.5 million during the quarter ended June 27, 2026, which is included in Other income. The divestiture does not meet the criteria for discontinued operations presentation under ASC 205-20, as it does not represent a strategic shift having a major effect on the Company's operations and financial results. In connection with the divestiture of the Pet Distribution business, the Company entered into a Transition Services Agreement ("TSA") with Phillips, pursuant to which the Company provides certain transitional services following the closing of the transaction. The services generally include logistics, facilities, information technology, finance, and human resources support and are expected to be provided for periods ranging from approximately three months to three years, depending on the nature of the service. Fees charged under the TSA are designed to reimburse the Company for the costs incurred in providing such services. The Company also entered into a supply agreement with Phillips pursuant to which Phillips distributes certain of the Company's consumer pet products. Transactions under the supply agreement are conducted in the ordinary course of business on terms substantially consistent with those provided to other distribution customers. Depending on the nature of the underlying transaction, amounts recognized under the TSA and supply agreement are recorded within net sales, cost of sales, or selling, general and administrative expense in the condensed consolidated statements of operations. During the three months ended June 27, 2026, the Company recognized $14.8 million in reimbursements under the TSA. Reimbursements are classified within the condensed consolidated statements of operations based on the classificatoin of the original costs they are designed to reimburse. During the three months ended June 27, 2026, the Company recognized Net sales of $5.8 million under the supply agreement. Based on the terms of the transaction agreement, the Company concluded that the newly formed partnership is a VIE for which the Company is not the primary beneficiary because the governance structure of the entity does not allow the Company to direct the activities that most significantly impact its economic performance. In line with this conclusion, the Company deconsolidated the Pet Distribution business from its consolidated financial statements as of the April 13, 2026 transaction close date.

On December 12, 2025, the Company acquired the U.S. assets of Champion USA LLC, a cattle fly-control company, for approximately $57 million in cash. The Company has not yet finalized the allocation of the purchase price to the fair value of the tangible and intangible assets acquired. Approximately $56 million of the purchase price remains unallocated and is included in other assets on the condensed consolidated balance sheet as of June 27, 2026.

On April 13, 2026, the Company completed the sale of substantially all of the assets and operations, excluding accounts receivable, comprising its Pet Distribution business to Phillips Pet Food & Supplies ("Phillips"), a leading national distributor of pet products. As part of the transaction, the Company received cash proceeds of approximately $31 million plus a note receivable of $5 million and retained a 20% ownership interest in the newly formed partnership of $26.1 million. The retained investment was measured at fair value upon deconsolidation and is included in other assets on the condensed consolidated balance sheets. The investment is accounted for under the equity method of accounting. The Company divested net assets of $57 million, including inventory of $69 million and recognized a pre-tax gain of $2.5 million during the quarter ended June 27, 2026, which is included in Other income. The divestiture does not meet the criteria for discontinued operations presentation under ASC 205-20, as it does not represent a strategic shift having a major effect on the Company's operations and financial results.

In connection with the divestiture of the Pet Distribution business, the Company entered into a Transition Services Agreement ("TSA") with Phillips, pursuant to which the Company provides certain transitional services following the closing of the transaction. The services generally include logistics, facilities, information technology, finance, and human resources support and are expected to be provided for periods ranging from approximately three months to three years, depending on the nature of the service. Fees charged under the TSA are designed to reimburse the Company for the costs incurred in providing such services.

The Company also entered into a supply agreement with Phillips pursuant to which Phillips distributes certain of the Company's consumer pet products. Transactions under the supply agreement are conducted in the ordinary course of business on terms substantially consistent with those provided to other distribution customers.

Depending on the nature of the underlying transaction, amounts recognized under the TSA and supply agreement are recorded within net sales, cost of sales, or selling, general and administrative expense in the condensed consolidated statements of operations. During

the three months ended June 27, 2026, the Company recognized $14.8 million in reimbursements under the TSA. Reimbursements are classified within the condensed consolidated statements of operations based on the classificatoin of the original costs they are designed to reimburse. During the three months ended June 27, 2026, the Company recognized Net sales of $5.8 million under the supply agreement.