Every material Form 8-K Simply Good Foods filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Simply Good Foods USA, a subsidiary of The Simply Good Foods Company, entered into Amendment No. 8 to its credit agreement on November 19, 2025. The amendment adds a $150 million incremental term facility to fund working capital and general corporate purposes, and extends the revolving and term loan maturities to December 2029 and March 2030. The filing shows added borrowing capacity and longer debt maturities, but also a larger debt load for shareholders to consider.
Amendment No. 8 established a $150 million incremental term facility (2025 Incremental Term Loans).
Revolving facility maturity extended to December 16, 2029; term loan maturity extended to March 17, 2030.
Revolving SOFR loans now bear interest at SOFR plus 2.00%, with a 0.00% floor.
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.
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.
Simply Good Foods reported fiscal third-quarter 2025 results for the period ended May 31, 2025, with net sales up 13.8% to $381.0 million, helped by the OWYN acquisition. Net income slipped 0.6% to $41.1 million and diluted EPS fell to $0.40 from $0.41, while Adjusted EBITDA rose 2.8% to $73.9 million. The company narrowed its fiscal 2025 outlook, now expecting net sales growth of 8.5% to 9.5% and Adjusted EBITDA growth of 4% to 5%.
Q3 net sales of $381.0 million, up from $334.8 million; OWYN contributed $33.6 million and organic net sales grew 3.8%
Diluted EPS of $0.40 vs. $0.41 a year earlier; Adjusted Diluted EPS of $0.51 vs. $0.50
Gross margin of 36.4%, down 350 basis points; company maintains expectation of about a 200 basis point full-year gross margin decline
Cash flow from operations was $133.1 million for the nine months vs. $166.8 million; term loan repaid $50.0 million in the quarter, with $250.0 million outstanding
Simply Good Foods appointed Christopher J. Bealer, currently Senior Vice President, Finance, as Chief Financial Officer effective July 3, 2025, succeeding the CFO transition previously announced. The company also amended its executive severance plan, changing the cash severance multiples payable after a qualifying termination tied to a change in control for its CEO and certain officers.
Christopher J. Bealer, age 48, appointed CFO effective July 3, 2025; he joined the company April 1, 2025 and reports to CEO Geoff E. Tanner
Initial annual base salary of $500,000; long term equity target of 150% of base salary and annual cash bonus target of 75% of base salary
Third Amended and Restated Executive Severance Plan adopted May 23, 2025; CEO severance multiple set at 3 times and CFO, Chief Legal Officer and Chief Human Resources Officer at 2 times, applicable only after a qualifying change-in-control
Simply Good Foods reported fiscal second-quarter results for the period ended March 1, 2025, with net sales of $359.7 million versus $312.2 million a year earlier, net income of $36.7 million versus $33.1 million, and diluted EPS of $0.36 versus $0.33. The company reaffirmed its fiscal 2025 outlook for net sales growth of 8.5% to 10.5% and Adjusted EBITDA growth of 4% to 6%. The filing also states that CFO Shaun Mara will retire effective July 3, 2025, and that Christopher J. Bealer is expected to succeed him.
Q2 net sales were $359.7 million versus $312.2 million; OWYN contributed $33.8 million and organic net sales grew 4.4%
Adjusted EBITDA was $68.0 million versus $57.8 million, while gross margin fell to 36.2%, down 120 basis points
Fiscal 2025 outlook reaffirmed: net sales expected to rise 8.5% to 10.5% and Adjusted EBITDA to rise 4% to 6%
Year-to-date operating cash flow was about $63.3 million versus $94.0 million; CFO Shaun Mara retires July 3, 2025
Simply Good Foods USA, a subsidiary of Simply Good Foods, entered a Repricing Amendment on January 31, 2025 to its 2017 Credit Agreement. The amendment lowers the rate on its Initial Term Loans, which lowers borrowing costs on that debt, and removes the credit spread adjustment on SOFR loans. The filing does not state the loan balance or annual savings.
SOFR-based Initial Term Loans rate reduced from 2.50% to 2.00%
ABR-based Initial Term Loans rate reduced from 1.50% to 1.00%
Credit spread adjustment removed for SOFR loans; prepayment premium period reset to six months after the amendment's effective date
Amendment signed January 31, 2025 with Barclays Bank PLC as administrative agent
CFO Shaun P. Mara notified the company on January 27, 2025, that he will retire effective July 3, 2025, and will remain CFO until then. The company hired Christopher J. Bealer, whose most recent executive role was EVP Corporate Controller at Reckitt, as Senior Vice President of Finance effective April 1, 2025, and he is expected to succeed Mara as CFO on July 3. The planned transition gives shareholders a roughly three-month overlap period before the handover.
Shaun P. Mara will retire as CFO effective July 3, 2025, and resign from all company positions then.
Christopher J. Bealer starts as Senior Vice President of Finance on April 1, 2025, and is expected to become CFO on July 3, 2025.
Bealer has almost 23 years of consumer packaged goods experience and most recently led a global team of over 600 employees at Reckitt.
At the January 23, 2025 annual meeting, all 11 director nominees were elected, and Deloitte & Touche LLP was ratified as auditor with 94,462,324 votes for.
Simply Good Foods reported fiscal first quarter 2025 results for the thirteen weeks ended November 30, 2024. Net sales rose 10.6% to $341.3 million, net income rose to $38.1 million, and diluted EPS was $0.38 versus $0.35, while the company reaffirmed its fiscal 2025 outlook. The results include the OWYN acquisition, completed June 13, 2024, which contributed $32.3 million of net sales.
Net sales $341.3 million vs. $308.7 million, up 10.6%, driven mainly by the OWYN acquisition
Adjusted EBITDA $70.1 million vs. $62.0 million; diluted EPS $0.38 vs. $0.35; adjusted diluted EPS $0.49 vs. $0.43
Fiscal 2025 outlook reaffirmed: net sales expected to increase 8.5% to 10.5% and Adjusted EBITDA to increase 4% to 6%
Cash flow from operations was $32.0 million vs. $47.5 million; the company repaid $50.0 million of term loan debt, leaving $350.0 million outstanding
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Simply Good Foods filing is on SEC EDGAR ↗. 8-K briefs of other companies →