Financial Summary (All financials)
| In millions, except per share items | Jul-03-22 | Jun-27-21 | Jun-28-20 |
| Revenues | 911.7 | 395.2 | 520.4 |
| Revenue growth | 130.7% | -24.1% | |
| Cost of goods sold | 610.0 | 374.3 | 522.2 |
| Gross profit | 301.7 | 21.0 | -1.8 |
| Gross margin | 33.1% | 5.3% | -0.3% |
| Selling, general and administrative | 180.7 | 78.3 | 3.4 |
| EBITA | 149.3 | -32.3 | -80.7 |
| EBITA margin | 16.4% | -8.2% | -15.5% |
| Amortization of intangibles | 9.5 | 6.0 | |
| EBIT | 139.9 | -38.3 | -80.7 |
| EBIT margin | 15.3% | -9.7% | -15.5% |
| Pre-tax income | -30.6 | -127.5 | -82.6 |
| Income taxes | -0.7 | -1.0 | 8.3 |
| Tax rate | 2.3% | 0.8% | |
| Net income | -40.2 | -134.5 | -90.9 |
| Net margin | -4.4% | -34.0% | -17.5% |
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| Diluted EPS | ($0.26) | ($0.92) | |
| Shares outstanding (diluted) | 155.8 | 146.8 | |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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