The Simply Good Foods Company — Fiscal Year 2026 Earnings Summary

The Simply Good Foods Company reported a net income of $30.5 million for the fourth quarter of fiscal 2026, a significant turnaround from the $12.4 million net loss recorded in the same period the previous year. Despite this profitability, full-year fiscal 2026 net sales declined 6.5% to $1,356.5 million, driven primarily by substantial decreases in Atkins and OWYN brand performance. The company recognized a $331.0 million non-cash impairment charge related to goodwill and intangible assets during the year, contributing to a reported net loss of $155.9 million for the full fiscal period. Looking ahead to fiscal 2027, the company forecasts net sales to decline between 13% and 17% year-over-year while anticipating gross margin improvements of 250 to 300 basis points.