The Simply Good Foods Company Reports Fiscal Fourth Quarter and Full Fiscal Year 2026 Financial Results and Provides Fiscal Year 2027 Outlook
Key Highlights
- ➤Fiscal 2027 sales expected to decline 13%-17% year-over-year
- ➤Fiscal 2027 Adjusted EBITDA expected to decline 9%-14% year-over-year
- ➤Fiscal 2027 gross margins expected to increase 250-300 basis points
- ➤Fiscal 2026 net loss $155.9 million versus $103.6 million net income
- ➤Fourth-quarter net sales fell 9.7% to $333.3 million
Expert Statements
Joe Scalzo, President and Chief Executive Officer of The Simply Good Foods Company
“Fiscal 2026 was a year of decisive action. We recognized that our performance was not where it needed to be and moved quickly to reset the business. We aligned the organization around a focused set of priorities, accelerated work to improve our cost structure, strengthened our financial flexibility, and overhauled our marketing approach across Quest, Atkins, and OWYN. We delivered on the modest financial commitments we made following our second quarter reset, continued to generate significant cash flow despite lower net sales, and completed much of the foundational work necessary to improve the long-term trajectory of the business”
Joe Scalzo, President and Chief Executive Officer of The Simply Good Foods Company
“Fiscal 2027 will be a challenging but important year in our turnaround. While we expect significant declines in net sales and Adjusted EBITDA, we are taking the actions necessary to restore the economic foundation of the business and rebuild brand momentum. We are reinvesting a portion of our margin recovery behind our brands, with new marketing strategies designed to strengthen consumer connection and improve underlying brand health. We expect performance to improve over the course of the year as our marketing investments take hold, the volume impact of pricing eases, and year-over-year comparisons become more favorable. We believe these actions will position us to exit fiscal 2027 with stronger momentum, improved profitability, and a healthier foundation for long-term growth.”
DENVER, Oct. 27, 2026 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (Nasdaq: SMPL) (“Simply Good Foods,” or the “Company”), a leader in the Nutritional Snacking category, today reported financial results for the thirteen and fifty-two weeks ended August 29, 2026.
Fourth Quarter Summary:((1)) * Net sales of $333.3 million versus $369.0 million * Net income of $30.5 million versus net loss of $12.4 million * Earnings per diluted share of $0.34 versus loss per diluted share of $0.12 * Adjusted Diluted EPS(()(2) )of $0.44 versus $0.46 * Adjusted EBITDA(()(3)) $57.5 million versus $66.2 million Fiscal Year 2027((4)) Outlook: * Net sales expected to decline between 13% and 17% year-over-year * Gross margins (GAAP) expected to increase between 250 and 300 basis points year-over-year * Adjusted EBITDA expected to decline between 9% and 14% year-over-year “Fiscal 2026 was a year of decisive action. We recognized that our performance was not where it needed to be and moved quickly to reset the business. We aligned the organization around a focused set of priorities, accelerated work to improve our cost structure, strengthened our financial flexibility, and overhauled our marketing approach across Quest, Atkins, and OWYN. We delivered on the modest financial commitments we made following our second quarter reset, continued to generate significant cash flow despite lower net sales, and completed much of the foundational work necessary to improve the long-term trajectory of the business,” said Joe Scalzo, President and Chief Executive Officer.
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