Simply Good Foods reports $52M Q3 loss, $331M YTD impairment, cuts FY2026 outlook

Filed July 9, 2026 · Period ending July 9, 2026 · ~1 min read

Key Changes

• high

  Recorded $331M YTD non-cash impairment charge on Goodwill and Atkins/OWYN brand intangibles, driven by performance shortfalls, revised revenue projections, and stock price declines; Q3 impairment was $82M.

  Exhibit 99.1 view on EDGAR →
• high

  Q3 net sales fell 6.3% to $357M with 24.6% Atkins decline; posted $52M net loss ($0.58 per share) vs. $41.1M income prior year; Adjusted EBITDA down 22.5% to $57.2M on distribution losses, softer retail, higher costs.

  Exhibit 99.1 view on EDGAR →
• high

  Lowered FY2026 outlook: net sales $1.345–$1.355B (down 7%–6% YoY), gross margin down ~375 bps, Adjusted EBITDA $220–$225M (down 21%–19% YoY); Q4 sales expected $322–$332M (down 13%–10%).

  Exhibit 99.1 view on EDGAR →