secwatch.observer — SEC 8-K summary
======================================

Issuer:     Simply Good Foods Co (SMPL)
CIK:        0001702744
Form:       8-K
Filed at:   2026-01-08T23:59:59+00:00
Accession:  0001702744-26-000004
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Simply Good Foods Q1 EPS $0.26 vs $0.38; net sales flat; reaffirms FY outlook
-----------------------------------------------------------------------------

- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702744/000170274426000004/0001702744-26-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702744/000170274426000004/atk-20260108.htm
  HTML page:      https://secwatch.observer/filing/0001702744-26-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer