Simply Good Foods Co director James M. Kilts reported an open-market purchase of 80,000 shares of common stock at a weighted average price of $12.3935 per share, with individual trade prices ranging from $12.24 to $12.50. Following this purchase, he directly holds 172,854 shares of common stock. He also reports indirect holdings of 895,157 shares through an LLC and related family trusts and 2,715,513 shares through an investment limited partnership, with beneficial ownership of some of these indirect holdings disclaimed except to the extent of his pecuniary interest.
The Simply Good Foods Company filed an amended report to clarify how often it will ask shareholders to approve executive pay. At the 2026 annual meeting held on January 28, 2026, shareholders indicated a preference for holding the non-binding Say-on-Pay vote every year.
Following this result and the Board of Directors’ prior recommendation, the company decided to conduct Say-on-Pay Votes annually until the next required advisory vote on frequency, which is expected to occur no later than the 2032 annual meeting of stockholders. No other changes were made to the prior report.
The Simply Good Foods Company reported a leadership change and related compensation actions. The company announced a corporate realignment under which Amy Held, Senior Vice President and Chief Human Resources Officer and a named executive officer, will depart by June 1, 2026. She will receive benefits available under the company’s Third Amended and Restated Executive Severance Plan. The Compensation Committee also approved accelerating the vesting of 6,881 time-based Restricted Stock Units previously granted to Ms. Held so they will vest on June 1, 2026.
Simply Good Foods Co Chief Financial Officer Christopher J. Bealer reported a routine tax-related share withholding. On the vesting of restricted stock units, the issuer withheld 2,361 shares of common stock at $11.61 per share to cover tax obligations. Following this non-market tax-withholding disposition, Bealer directly holds 59,601 common shares.
The Simply Good Foods Company reported weaker quarterly results as a large brand write-down pushed it into a loss. Net sales for the thirteen weeks ended February 28, 2026 fell 9.4% to $326.0 million, mainly from distribution declines at Atkins and slower OWYN velocities, partly offset by Quest growth.
Gross margin dropped to 31.6% from 36.2% on higher commodity costs and tariffs. The company recorded a $249.0 million impairment on the OWYN and Atkins brands, driving a net loss of $159.7 million versus prior net income of $36.7 million. Adjusted EBITDA declined to $55.5 million, while Simply Good Foods repurchased 9.6 million shares year-to-date and increased term debt to fund buybacks and the OWYN acquisition. Management also began a restructuring expected to total about $15.0 million through fiscal 2027.
The Simply Good Foods Company reported a weak fiscal second quarter 2026, swinging to a net loss and cutting its full-year outlook. Net sales fell to $326.0 million from $359.7 million, driven by sharp declines at Atkins and OWYN, only partly offset by flat Quest performance.
The company recorded a non-cash $249.0 million impairment on Atkins and OWYN intangible assets, leading to a net loss of $159.7 million versus net income of $36.7 million a year ago. Gross margin dropped to 31.6% from higher input costs, tariffs and OWYN product quality actions, while adjusted EBITDA declined to $55.5 million from $68.0 million.
For fiscal 2026, Simply Good Foods now expects net sales between $1.31 and $1.35 billion, down 10% to 7% year-over-year, and adjusted EBITDA between $217 and $225 million, down 22% to 19%, reflecting weaker brand performance and margin pressure despite ongoing cost actions and reduced marketing spend on Atkins.
Simply Good Foods Co/The: Amendment No. 5 to a Schedule 13G/A by The Vanguard Group reports 0 shares beneficially owned, representing 0% of the common stock. The filing states Vanguard completed an internal realignment on January 12, 2026 and is disaggregating certain subsidiaries' holdings pursuant to SEC Release No. 34-39538 (January 12, 1998), with those subsidiaries reporting separately going forward. The filing is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026.
Simply Good Foods Co executive Amy C. Held, SVP and CHRO, reported a Form 4 insider transaction. On March 4, 2026, she disposed of 1,891 shares of common stock at $16.38 per share through a tax-withholding disposition tied to vesting restricted stock units. After this transaction, she directly owned 37,810 common shares.
FMR LLC filed an amended Schedule 13G reporting beneficial ownership of 5,421,139.91 shares of Simply Good Foods common stock, representing 5.7% of the class as of the event date of December 31, 2025.
FMR LLC reports sole voting power over 5,399,935 shares and sole dispositive power over 5,421,139.91 shares. Abigail P. Johnson is also a reporting person, with sole dispositive power over 5,421,139.91 shares but no voting power, reflecting her control position over FMR-related entities.
The Simply Good Foods Company reported results of its 2026 virtual annual meeting and a board change. After the meeting, the board appointed employee Joseph E. Scalzo as a director to fill the vacancy created by Geoff E. Tanner’s departure, with no additional board compensation or committee roles.
Stockholders elected 10 directors, ratified Deloitte & Touche LLP as independent auditor for fiscal 2026, and approved The Simply Good Foods Incentive Plan, which replaces the 2017 omnibus plan. Investors also backed annual advisory votes on executive pay and approved the company’s named executive officer compensation in advisory votes.