Earnings Releases·Oct 27, 2026, 7:02 AM ET

The Simply Good Foods Company — Fiscal Year 2026 Earnings Summary

Full-year 2026 net sales declined 6.5% to $1,356.5 million, while the company reported a GAAP net loss of $155.9 million (vs. $103.6 million income prior year) and Adjusted EBITDA fell 18.8% to $225.9 million.
Fiscal 2027 guidance projects significant headwinds with net sales expected to decline 13–17% and Adjusted EBITDA dropping 9–14%, though GAAP gross margins are forecast to improve by 250–300 basis points.
Strategic restructuring included $12.7 million in full-year G&A restructuring costs and $331.0 million in non-cash impairment charges, alongside $213.3 million in common stock repurchases and $50 million in debt principal payments.
Management characterizes 2027 as a "turnaround" year focused on reinvesting in brands to restore margins, with Q1 2027 sales expected to decline 19–22% before performance improves later in the year.