Recent Updates — SMPL
The Simply Good Foods Company reported a fourth-quarter net income of $30.5 million, or $0.34 per diluted share, compared to a net loss of $12.4 million in the prior year period. Full-year fiscal 2026 results showed a net loss of $155.9 million, driven by a $331.0 million non-cash impairment charge related to goodwill and brand intangibles for Atkins and OWYN. Net sales fell 9.7% in the quarter to $333.3 million and declined 6.5% for the full year to $1,356.5 million due to softer retail takeaway and distribution pressure. The company provided a challenging fiscal 2027 outlook, expecting net sales to decline between 13% and 17% year-over-year while gross margins are projected to improve by 250 to 300 basis points. Simply Good Foods is a consumer-packaged food and beverage company specializing in nutritional snacking products under brands such as Quest, Atkins, and OWYN.
The Simply Good Foods Company reported its fiscal third quarter results for the period ended May 30, 2026, via an 8-K filing. The company's detailed financial performance and investor presentation are available on its corporate website. The Simply Good Foods Company is a consumer goods company that produces and markets health and wellness-focused food products.