Fourth-quarter adjusted results met expectations, with net sales up 1% and organic net sales flat. Full-year results were impacted by non-cash impairment and divestiture-related charges, leading to a net loss, while adjusted operating profit and EPS declined. Fiscal 2027 targets modest organic sales growth, significant cost savings, and continued focus on brand innovation.
Original document:
This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.