Simply Good Foods posts Q3 net loss of $52.0 million; sales fall 6.3%
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.
Key points
- 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
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits 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 July 09, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.