Simply Good Foods Co (SMPL) Form 10-Q — Jul 9, 2026
Simply Good Foods reported a net loss of $186.4 million for the nine months ended May 30, 2026, driven primarily by $331 million in impairment charges related to its goodwill and the Atkins and OWYN brand intangibles. The write-downs were triggered by a sustained decline in the company’s share price and market capitalization, indicating that the fair value of these assets fell below their carrying amounts. Revenue declined 5.4% year-over-year to $1.02 billion, with distribution-related declines for Atkins and velocity-related declines for OWYN partially offset by volume growth in the Quest brand.
Key figures
- Revenue
- 1023194000
- Total Debt
- 397037000
- Cash Position
- 123884000
- New debt drawn
- 150000000
- Impairment owyn
- 200000000
- Impairment atkins
- 93000000
- Adjusted ebitda 9m
- 168375000
- Impairment goodwill
- 38000000
- Avg buyback price 9m
- 18.29
- Shares repurchased 9m
- 11651767
- Impairment charge total
- 331000000
Price after filing
Close on the filing date to close N calendar days later (from $13.17). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.