The substantial impairment charge and lowered guidance suggest fundamental issues with the company's brand portfolio. Despite Quest's slight growth, the overall business is deteriorating with declining sales, consumption, and margins. The stock is likely to react negatively to this fundamental deterioration.
Price Chart
Executive Summary
Simply Good Foods reported a significant earnings miss with a $249 million impairment charge on its Atkins and OWYN brands, driven by declining sales and consumption. Despite a modest increase in Quest sales, overall net sales declined 9.4% year-over-year, and the company lowered its full-year guidance across all metrics.
Key Financial Metrics
Key Facts
- Reported net loss of $159.7 million versus net income of $36.7 million in the prior year
- $249 million non-cash impairment charge on Atkins and OWYN brands
- Net sales declined 9.4% YoY to $326.0 million
- Company lowered full-year 2026 outlook: sales down 10-7%, EBITDA down 22-19%
- Quest sales grew 0.3% but Atkins and OWYN declined 26.6% and 16.8% respectively
- Retail takeaway declined 6.4% overall with Quest up 2.4%, Atkins down 23.4%, OWYN down 2.4%
Financial Impact
Significant negative impact with $249 million impairment and lowered guidance across all metrics
Risk Factors
- Continued decline in Atkins and OWYN brands
- Failure to execute turnaround strategy
- Ongoing margin pressure from inflation and tariffs
- Failure to rebuild brand investment effectively
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001702744-26-000010 |
| Document: atk-20260409.htm | 0001702744-26-000010 |
| Document: 0001702744-26-000010-index-headers.html | 0001702744-26-000010 |
| Document: 0001702744-26-000010-index.html | 0001702744-26-000010 |
| Document: 0001702744-26-000010.txt | 0001702744-26-000010 |
| 8-K Data (Synthetic) | 0001702744-26-000010 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | 8-K | $10.78 | awaiting T+5 | — | $9.75 (+9.55%) |
Oct 27, 2026 today | Press Release | $11.09 | awaiting T+5 | — | $9.75 (+12.08%) |
Oct 6, 2026 21d ago | Press Release | $9.96 $10.55 | ▲ +5.87% | ▲ +6.01% | $9.75 (−2.11%) |
Jul 9, 2026 15w ago | 8-K | $13.01 $12.07 | ▲ +7.23% | ▲ +7.09% | $9.75 (+25.06%) |
Jul 9, 2026 15w ago | Press Release | $13.01 $12.07 | ▲ +7.23% | ▲ +7.09% | $9.75 (+25.06%) |
Jun 18, 2026 18w ago | Press Release | $12.63 $12.29 | ▼ −2.69% | ▼ −1.03% | $9.75 (−22.80%) |
Jun 11, 2026 19w ago | Institutional Cluster | $12.64 $12.14 | ▼ −3.96% | ▼ −4.39% | $9.75 (−22.86%) |
Apr 21, 2026 27w ago | 8-K | $12.41 $13.79 | ▲ +11.12% | ▲ +10.04% | $9.75 (−21.43%) |
Apr 9, 2026 28w ago | 8-K | $11.80 $11.61 | ▲ +1.61% | ▲ +4.80% | $9.75 (+17.37%) |
Apr 9, 2026 28w ago | Press Release | $11.80 $11.61 | ▲ +1.61% | ▲ +4.80% | $9.75 (+17.37%) |
US Market Status
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