Simply Good Foods (SMPL) reported net sales of $1,356.5 million for the 52 weeks ended August 29, 2026, down 6.5% from $1,450.9 million a year earlier. The company attributed the decline to velocity-related declines that drove lower distribution for Atkins and OWYN, partly offset by Quest volume growth. Gross profit was $442.4 million and gross margin was 32.6%, down 360 basis points from 36.2%; higher input and restructuring costs were cited as the main drivers. Net loss was $155.9 million, compared with net income of $103.6 million in the prior year, and Adjusted EBITDA was $225.9 million, down 18.8%.
The company recorded $331.0 million in impairment charges: $200.0 million for OWYN, $93.0 million for Atkins and $38.0 million for goodwill. Operating cash flow was $181.0 million; cash was $138.4 million as of August 29, 2026, and the Term Facility balance was $350.0 million, due at maturity in March 2030. The company was not required to make Term Facility principal payments over the 12 months following August 29, 2026. Simply Good Foods repurchased 11,662,234 shares at an average $18.29 per share during fiscal 2026; $157.4 million remained available under its repurchase authorization as of August 29, 2026.
The Simply Good Foods Company (SMPL) reported fourth-quarter and fiscal 2026 results for periods ended August 29, 2026. Fourth-quarter net sales were $333.3 million, down 9.7% from $369.0 million; net income was $30.5 million versus a net loss of $12.4 million. Adjusted EBITDA was $57.5 million, down 13.2%, and adjusted diluted EPS was $0.44 versus $0.46.
For fiscal 2026, net sales were $1,356.5 million, down 6.5%, and the company recorded a net loss of $155.9 million versus net income of $103.6 million. Before the fourth quarter, it recognized $331.0 million in non-cash impairment charges related to goodwill and the Atkins and OWYN brand intangible assets. Adjusted EBITDA was $225.9 million, down 18.8%. Operating cash flow was about $181.0 million versus $178.5 million.
For fiscal 2027, the company expects net sales to decline between 13% and 17% and Adjusted EBITDA to decline between 9% and 14%, while GAAP gross margin is expected to increase between 250 and 300 basis points. For the first quarter of fiscal 2027, it expects net sales to decline between 19% and 22% and Adjusted EBITDA to decline between 28% and 33%; GAAP gross margin is expected to increase approximately 100 basis points. The fiscal-year outlook assumes economic conditions, consumer purchasing behavior and prevailing tariff rates remain generally consistent.
Bealer Christopher J reported acquisition or exercise transactions in this Form 4 filing.
Simply Good Foods Co reported an equity compensation grant to its Chief Financial Officer, Christopher J. Bealer. He received 73,361 time-based restricted stock units (RSUs), each representing the contingent right to receive one share of common stock. The RSUs vest in two substantially equal annual installments beginning on July 22, 2027, subject to his continuous service with the company on each vesting date. Following this grant, Bealer directly holds 132,962 shares of common stock.
KRAFT TIMOTHY RICHARD reported acquisition or exercise transactions in this Form 4 filing.
Simply Good Foods Co Chief Administrative Officer Timothy Richard Kraft received a grant of 88,081 time-based restricted stock units on July 22, 2026. Each RSU represents one share of common stock and vests in two substantially equal annual installments beginning July 22, 2027, contingent on his continuous service. Following this award, his directly reported common stock holdings in this line total 147,781 shares.
The Simply Good Foods Company posted weaker results for the quarter ended May 30, 2026. Net sales fell to $356.98 million from $380.96 million, as Atkins distribution declines and OWYN velocity pressure more than offset Quest growth. Gross margin contracted to 32.5% from 36.4% due to higher input costs and restructuring charges.
The company reported a net loss of $51.97 million versus prior-year net income of $41.10 million, largely driven by $82 million of impairment in the quarter. For the thirty-nine weeks, net sales declined 5.4% to $1.02 billion and net loss reached $186.40 million, including $331 million of goodwill and brand impairments related mainly to OWYN and Atkins.
Despite the loss, Simply Good Foods generated $102.17 million of operating cash flow year-to-date, ending with $123.88 million in cash and $400 million of term debt. Adjusted EBITDA was $57.24 million for the quarter and $168.38 million year-to-date, both below the prior year. The company is also executing a restructuring program and repurchased 11.65 million shares for $213.20 million year-to-date.
The Simply Good Foods Company reported weak fiscal third quarter 2026 results and lowered its full-year outlook. Net sales were $357.0 million, down 6.3% year-over-year, driven by a 24.6% decline in Atkins, partly offset by modest Quest and OWYN growth.
The company posted a net loss of $52.0 million versus net income of $41.1 million a year ago, largely due to an $82.0 million non-cash impairment charge. Gross margin fell 390 basis points to 32.5%, and Adjusted EBITDA declined to $57.2 million from $73.9 million.
Year-to-date, Simply Good Foods recorded a net loss of $186.4 million and a $331.0 million non-cash impairment on goodwill and Atkins and OWYN intangibles. For fiscal 2026, it now expects net sales of $1.345–$1.355 billion (down roughly 7%–6%) and Adjusted EBITDA of $220–$225 million, well below prior-year levels.
Simply Good Foods Co director Clayton C. Daley Jr. bought 10,000 shares of Common Stock in an open-market purchase at a weighted average price of $11.78 per share. After this transaction, he directly holds 111,743 shares, indicating a routine increase in his personal stake.
Simply Good Foods director David J. West reported two stock gifts. On May 12, 2026, he made bona fide gifts totaling 348,000 shares of Common Stock, with no sale proceeds reported. One gift went to an independently managed family trust for estate planning purposes and another to a charitable private foundation he and his spouse control.
FMR LLC filed an amendment (Schedule 13G/A) reporting beneficial ownership of 2,820,637.52 shares of Simply Good Foods Co common stock, representing 3.0% of the class as of 03/31/2026. The filing shows FMR's sole voting power of 2,817,584 shares and sole dispositive power of 2,820,637.52 shares. The filing lists CUSIP 82900L102 and principal executive office address for Simply Good Foods Co.
The filing reports that Vanguard Portfolio Management beneficially owned 5,623,671 shares of Simply Good Foods Co/The common stock, representing 6.07% of the class as of 03/31/2026. The filer discloses sole voting power for 59,790 shares and sole dispositive power for 5,623,671 shares. The disclosure notes ownership on behalf of Vanguard-managed funds and accounts and is signed on 04/29/2026.