Simply Good Foods swings to FY26 Q3 net loss of $52 million; net sales fall 6.3% to $357 million

The Simply Good Foods

The Simply Good Foods

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  • Simply Good Foods posted fiscal Q3 net sales of $357 million, down 6.3% year over year; results included an $82 million non-cash impairment charge.
  • Net results swung to a loss of $52 million, or $0.58 per diluted share, from a profit a year earlier.
  • Gross margin fell 3.9 percentage points to 32.5% on volume declines, higher input costs, and $6.2 million of restructuring costs.
  • Atkins net sales dropped 24.6%, while Quest rose 1.1% and OWYN increased 3.6%.
  • Full-year net sales outlook was cut to $1.345 billion-$1.355 billion, with adjusted EBITDA seen at $220 million-$225 million.


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