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%).

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