Simply Good Foods posts $12.4M Q4 net loss on $60.9M Atkins impairment
Simply Good Foods reported a fourth-quarter fiscal 2025 net loss of $12.4 million, compared with net income of $29.3 million a year earlier, after a $60.9 million non-cash impairment on the Atkins brand. For the full year, net sales rose 9.0% to $1,450.9 million and Adjusted EBITDA rose 3.4% to $278.2 million, but fiscal 2026 guidance calls for Adjusted EBITDA of -4% to +1% and gross margins down 100 to 150 basis points, which matters to shareholders because profit is expected to fall before it recovers.
Key points
- Q4 net sales were $369.0 million, down 1.8%, and Adjusted Diluted EPS was $0.46 versus $0.50.
- A $60.9 million non-cash impairment was recorded on the Atkins brand and related intangible assets.
- Fiscal 2026 outlook: net sales -2% to +2%, Adjusted EBITDA -4% to +1%, gross margins down 100 to 150 basis points.
- On October 21, 2025, the board approved a $150 million increase to the stock repurchase program, leaving $171 million available as of October 23, 2025.
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 23, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.