Total Revenue

–2.9% (from $2,205.7M in Q4 2024 to $2,143.8M in Q4 2025)

The overall revenue decline reflects a modest contraction driven by weaker contributions from segments such as U.S. Retail Pet Foods and U.S. revenue, which weighed against gains in other areas; previous periods saw positive acquisition impacts that were not repeated, leading to an overall downward adjustment. " "

U.S. Retail Coffee Revenue

+10.9% (from $666.1M to $738.6M)

Robust growth in the U.S. Retail Coffee segment was driven by higher net price realization and volume improvements, building on pricing strategies and brand momentum observed in earlier periods. " "

U.S. Retail Pet Foods Revenue

–12.6% (from $452.6M to $395.5M)

The marked decline is attributable to continued volume/mix challenges and the impact of ongoing divestitures, a trend evident in previous quarters that has intensified in Q4 2025. " "

Overall Coffee Segment

+10.1% (from $757.9M to $834.1M)

The aggregate growth in the Coffee segment stems from strong performance in U.S. Retail Coffee and improved margin contributions, reflecting a continuation of positive pricing and volume dynamics seen in the past. " "

Toppings and Syrups Revenue

+32.8% (from $20.7M to $27.5M)

A significant jump resulted from higher net pricing that more than offset the increased trade spend—a shift that contrasts with the prior period’s stable performance in this category. " "

Dog Food Revenue

50% decline (from $11.9M to $5.4M)

The dramatic drop is likely driven by structural changes such as divestitures and steep volume declines, deepening the negative trends experienced in previous periods within the pet food category. " "

U.S. Revenue (Geographic)

–3% (from $2,085.6M to $2,025.7M)

The U.S. geographic revenue decline reflects mixed impacts—while some segments like coffee grew, the loss in pet foods and other divestiture effects led to an overall contraction compared to last year. " "

Canada Revenue

–16.6% (from $96.4M to $80.5M)

A sharp decline in Canada revenue is driven by the ongoing impact of the Canada condiment divestiture, a trend that began in previous periods and continued to affect this region in Q4 2025. " "

All Other International Revenue

+58.6% (from $23.7M to $37.6M)

The surge in “All other international” revenue reflects strong volume/mix improvements and favorable pricing actions, partially offsetting losses elsewhere; this rebound contrasts with the more muted performance in other regions. " "

Total Assets

–13.4% (from $20,273.7M in Q4 2024 to $17,563.3M in Q4 2025)

The decline in total assets is primarily due to significant asset impairments and divestiture-related adjustments that were initiated in previous periods and have further impacted the balance sheet in Q4 2025. " "

Shareholders’ Equity

–20.9% (from $7,693.9M to $6,082.6M)

A steep drop in equity is driven by massive impairment charges (including goodwill and intangible asset impairments) as well as higher dividend payouts, reflecting a downward revaluation compared to the previous year. " "

Net Cash Provided by Operating Activities

N/A (Q4 2025: $393.9M)

Although the net cash from operations remains positive, working capital pressures (such as higher inventory levels, timing of accrued liabilities, and tax payments) continue to impact liquidity—a trend that follows the earlier period’s challenges. "

Net Income

N/A (Q4 2025 reported a net loss of $(729.0)M)

The swing to a net loss is mainly due to substantial impairment charges and unfavorable performance in areas like divestitures, a deterioration from the prior period’s positive net income figures that reflects ongoing structural adjustments across the business. "