Oct 27, 7:02 AM ET
Simply Good Foods reported fiscal fourth-quarter and full-year 2026 results and gave fiscal 2027 guidance calling for lower net sales and Adjusted EBITDA. For the full year, the company recorded a net loss of $155.9 million after a $331.0 million non-cash impairment charge, compared with net income of $103.6 million a year earlier. The outlook for fiscal 2027 projects further declines, which matters to shareholders because it points to weaker sales and earnings ahead.
- Fiscal 2026 net sales were $1,356.5 million, down 6.5%, and Adjusted Diluted EPS was $1.70 versus $1.92
- Fourth-quarter net income was $30.5 million versus a net loss of $12.4 million a year earlier, while Adjusted EBITDA fell 13.2% to $57.5 million
- Fiscal 2027 outlook: net sales down 13% to 17%, Adjusted EBITDA down 9% to 14%, and first-quarter net sales down 19% to 22%
Read the filing on SEC.gov ↗
Jul 9, 7:02 AM ET
Simply Good Foods reported fiscal third-quarter 2026 net sales of $357.0 million, down 6.3% from a year earlier, and a net loss of $52.0 million, compared with net income of $41.1 million a year ago. The loss reflects an $82.0 million non-cash impairment charge, and adjusted EBITDA fell 22.5% to $57.2 million. The company updated its fiscal 2026 outlook, now expecting net sales of $1.345 billion to $1.355 billion and adjusted EBITDA of $220 million to $225 million.
- Q3 net sales of $357.0 million vs. $381.0 million a year earlier; Atkins sales fell 24.6%
- Q3 net loss of $52.0 million, or $0.58 per diluted share, vs. $0.40 diluted earnings per share a year earlier, including an $82.0 million impairment
- Fiscal 2026 adjusted EBITDA now expected at $220 million to $225 million, down 21% to 19% year-over-year
- Fourth-quarter net sales expected at $322 million to $332 million
Read the filing on SEC.gov ↗
Apr 21, 7:31 AM ET
Simply Good Foods said its Senior Vice President and Chief Human Resources Officer, Amy Held, a named executive officer, will leave the company by June 1, 2026, as part of several corporate realignment initiatives announced April 20, 2026. Her departure is governed by the company's executive severance plan, and the compensation committee accelerated vesting of 6,881 time-based restricted stock units to June 1, 2026.
- Amy Held, SVP and Chief Human Resources Officer, will depart by June 1, 2026.
- Her severance benefits are provided under the Third Amended and Restated Executive Severance Plan.
- The compensation committee accelerated vesting of 6,881 time-based restricted stock units to June 1, 2026.
- The departure was announced alongside several corporate realignment initiatives on April 20, 2026.
Read the filing on SEC.gov ↗
Apr 9, 7:02 AM ET
Simply Good Foods reported fiscal second-quarter 2026 net sales of $326.0 million, down from $359.7 million a year earlier, and a net loss of $159.7 million, driven by a $249.0 million non-cash impairment charge on the Atkins and OWYN brands. The company also updated its fiscal 2026 outlook, with net sales now expected at $1.31 to $1.35 billion and adjusted EBITDA at $217 to $225 million, and gave a third-quarter net sales range of $329 to $338 million.
- Q2 net sales of $326.0 million fell 9.4%; Atkins declined 26.6% and OWYN 16.8%, while Quest grew 0.3%.
- Q2 net loss of $159.7 million compared with net income of $36.7 million; adjusted diluted EPS was $0.45 versus $0.46.
- Fiscal 2026 outlook: net sales $1.31 to $1.35 billion and adjusted EBITDA $217 to $225 million; gross margin expected to decline 300 to 350 basis points.
- Q3 outlook: net sales of $329 to $338 million, down 14% to 11%, and adjusted EBITDA of $46 to $50 million.
Read the filing on SEC.gov ↗
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