Simply Good Foods posts Q2 net loss $159.7M, impairment $249M; cuts FY2026 outlook

Simply Good Foods Co

2026-Q2 EPS reported -$1.41 revenue$666,211,000

Net sales $326M (-9.4% YoY); Atkins sales down 26.6%, OWYN down 16.8%, Quest flat.
Net loss $159.7M vs prior-year net income $36.7M; diluted EPS -$1.73 vs +$0.36.
Recorded $249M non-cash impairment on Atkins and OWYN intangible assets.
Adjusted EBITDA $55.5M (-18.4% YoY); adjusted diluted EPS $0.45 vs $0.46.
FY2026 guidance: net sales $1.31-1.35B (-7 to -10%), Adj. EBITDA $217-225M (-19 to -22%).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Simply Good Foods Co reported the fiscal second quarter ended February 28, 2026 results: revenue $326.0 million, net income Net loss of $159.7 million, EPS Loss per diluted share of $1.73. Guidance lowered.

Period: the fiscal second quarter ended February 28, 2026
Revenue: $326.0 million
Net income: Net loss of $159.7 million
EPS: Loss per diluted share of $1.73
Guidance: lowered
Result: reported results

Exact text from the filing

Net sales of $326.0 million versus $359.7 million • Net loss of $159.7 million versus net income of $36.7 million • Loss per diluted share of $1.73 versus earnings per diluted share of $0.36

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Source: SEC EDGAR

accession 0001702744-26-000010

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