
Financial Performance Summary - FY23 adjusted net sales reached $1833 million, a decrease of 2.7% compared to FY22[35] - FY23 adjusted EBITDA was $174 million, a decrease of 13.1% compared to FY22[35] - Q4 FY23 adjusted net sales were $449 million, a decrease of 1.5% compared to Q4 FY22[32] - Q4 FY23 adjusted EBITDA was $435 million, an increase of 23.1% compared to Q4 FY22[32] - The company expects FY24 will be an inflection point as it pivots to topline growth[8] Segment Performance - North America FY23 adjusted net sales were $1111 million, a decrease of 3.8% compared to FY22[35] - International FY23 adjusted net sales were $722 million, a decrease of 10% compared to FY22[35] - North America Q4 FY23 adjusted net sales were $283 million, a decrease of 4.3% compared to Q4 FY22[32] - International Q4 FY23 adjusted net sales were $166 million, an increase of 3.6% compared to Q4 FY22[32] Brand Highlights - Garden Veggie dollar sales grew by 4% with a 14% growth in TDPs[14] - Earth's Best grew dollar sales 20%, excluding formula, with 19% TDP growth[14]