The Simply Good Foods Company Reports Fiscal Fourth Quarter and Full Fiscal Year 2026 Financial Results and Provides Fiscal Year 2027 Outlook
Simply Good Foods reported fiscal 2026 net sales of $1.36 billion, down 6.5%, with a full-year net loss of $155.9 million driven by $331.0 million of impairment charges on goodwill and the Atkins and OWYN brands. Fourth-quarter net sales fell 9.7% to $333.3 million as Atkins and OWYN declined 14.9% and 20.6%, though the quarter swung to GAAP net income of $30.5 million versus a $12.4 million loss a year ago. FY27 guidance calls for net sales to decline 13-17% and adjusted EBITDA to fall 9-14%, with Q1 sales down 19-22%, as management reinvests margin recovery into brand marketing during a self-described turnaround year.
Key figures
- Eps
- 0.34
- Revenue
- 1356499000
- Guidance
- FY27: net sales decline 13-17% YoY; GAAP gross margins up 250-300 bps; adjusted EBITDA decline 9-14%. Q1 FY27: net sales decline 19-22%, adjusted EBITDA decline 28-33%
- Revenue Yoy
- -6.5%
- Cash
- 138425000
- Q4 revenue
- 333305000
- Q4 revenue yoy
- -9.7%
- Q4 adjusted eps
- 0.44
- Fy26 adjusted eps
- 1.7
- Term loan balance
- 350000000
- Impairment charges
- 331000000
- Q4 adjusted ebitda
- 57500000
- Fy27 capex guidance
- $15-$20 million
- Operating cash flow
- 181049000
- Capital expenditures
- 24102000
- Fy26 adjusted ebitda
- 225869000
- Net debt to adjusted ebitda
- 0.9x
- Fy27 net interest expense guidance
- $18-$20 million
AI analysis
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