earnings
confidence high
sentiment negative
materiality 0.75
Simply Good Foods Q1 EPS $0.26 vs $0.38; net sales flat; reaffirms FY outlook
Simply Good Foods Co
2026-Q1 EPS reported
$0.26
revenue$340,198,000
- Net sales $340.2M (-0.3% YoY); Quest +9.6%, Atkins -16.5%, OWYN -3.3%.
- Net income $25.3M (-33.7% YoY); adjusted diluted EPS $0.39 vs $0.49.
- Adjusted EBITDA $55.6M (-20.6% YoY); gross margin 32.3% (-590 bps).
- Repurchased ~5M shares for $100M; board added $200M to buyback, $224M remaining.
- FY2026 outlook reaffirmed: net sales -2% to +2%; adjusted EBITDA -4% to +1%.
item 2.02item 9.01