Simply Good Foods Co reported results for the 2026 quarter with net sales of $356.98M, a decline from $380.96M a year earlier, and a net loss of ($51.97M) versus net income of $41.1M in the prior-year quarter; diluted EPS was ($0.58) compared with $0.4 a year ago.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$356.98M$380.96M(6.3%) | Net income²($51.97M)$41.1M(226.4%) | Diluted EPS³($0.58)$0.4(245%) |
¹ Reported as “Net sales”. ² Reported as “Net (loss) income”. ³ Reported as “Diluted earnings per share from net (loss) income”.
Business Highlights
- Net sales declined about 5–6% year to date, driven by distribution and velocity pressures despite volume gains for Quest products.
- Atkins retail on‑shelf distribution was reduced as the company refocused assortment to prioritize top SKUs.
- Quest showed volume-driven growth while OWYN experienced velocity declines even with expanded distribution.
- Gross margin was compressed by higher input costs and restructuring charges; management is pursuing productivity and pricing actions.
Original SEC Filing:
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