The Simply Good Foods Company reported fourth quarter revenue of $333.3 million, a 9.7% decline year-over-year that still exceeded analyst expectations. While the company returned to a net income of $30.5 million compared to a prior-year loss, results were weighed down by volume pressure and softer retail takeaway across its core brands.

Key Highlights

  • Atkins retail takeaway fell approximately 23% in the fourth quarter, continuing to struggle with velocity and distribution-related pressures.
  • Total retail takeaway for the company decreased 8%, with Quest and OWYN seeing declines of 2% and 7%, respectively, during the thirteen-week period.
  • The company recorded $331.0 million in non-cash impairment charges for fiscal 2026, primarily linked to goodwill and brand intangibles for Atkins and OWYN following lower revenue projections.
  • Fiscal year 2027 guidance anticipates continued headwinds, with net sales expected to decline between 13% and 17% as the company reinvests margin recovery into brand marketing.