secwatch.observer — SEC 8-K summary
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Issuer:     Simply Good Foods Co (SMPL)
CIK:        0001702744
Form:       8-K
Filed at:   2026-07-09T11:02:25+00:00
Accession:  0001702744-26-000021
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Simply Good Foods reports Q3 net loss of $52M; Atkins sales down 24.6%; cuts FY2026 outlook
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- Net sales $357M, down 6.3% YoY; net loss $52M vs net income $41.1M; adjusted EPS $0.42 vs $0.51.
- Atkins brand sales declined 24.6%; Quest up 1.1%, OWYN up 3.6%.
- Recorded $82M non-cash impairment charge on goodwill and intangible assets (Atkins, OWYN) in Q3.
- FY2026 net sales guidance cut to $1.345-1.355B (down ~6-7% YoY); adjusted EBITDA $220-225M (down ~19-21%).
- Q3 adjusted EBITDA $57.2M, down 22.5% YoY; gross margin 32.5%, down 390 bps.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702744/000170274426000021/0001702744-26-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702744/000170274426000021/atk-20260709.htm
  HTML page:      https://secwatch.observer/filing/0001702744-26-000021

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