--- title: "Simply Good Foods | 8-K: FY2026 Q3 Revenue Beats Estimate at USD 356.98 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/292189847.md" datetime: "2026-07-09T11:14:37.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292189847.md) - [en](https://longbridge.com/en/news/292189847.md) - [zh-HK](https://longbridge.com/zh-HK/news/292189847.md) --- # Simply Good Foods | 8-K: FY2026 Q3 Revenue Beats Estimate at USD 356.98 M Revenue: As of FY2026 Q3, the actual value is USD 356.98 M, beating the estimate of USD 332.62 M. EPS: As of FY2026 Q3, the actual value is USD -0.58, missing the estimate of USD 0.305. EBIT: As of FY2026 Q3, the actual value is USD -49.18 M. ### Third Quarter 2026 Results (Thirteen Weeks Ended May 30, 2026 vs. May 31, 2025) #### Net Sales - Net Sales were $357.0 million, compared to $381.0 million. - Atkins net sales were $84,649 thousand, a decrease of 24.6%. - Quest net sales were $230,260 thousand, an increase of 1.1%. - OWYN net sales were $34,774 thousand, an increase of 3.6%. - Total North America net sales were $349,683 thousand, compared to $373,575 thousand. - International net sales were $7,300 thousand, compared to $7,381 thousand. #### Operational Metrics - Net Loss was - $52.0 million, compared to net income of $41.1 million. - Adjusted EBITDA was $57.2 million, a decrease of 22.5% compared to $73.9 million. - Gross Profit was $116.1 million, a decrease of 16.2%. - Gross Margin was 32.5%, a decline of 390 basis points. - Selling and Marketing Expenses were $39.2 million, an increase of 15.9%. - General and Administrative (G&A) Expenses were $40.5 million, a decrease of 1.9%. - Loss on Impairment was an $82.0 million non-cash charge. - Net Interest Expense was $5.1 million, an increase of 20.3%. - Effective Tax Rate was 5.4%. - Weighted Average Diluted Shares Outstanding were 89.9 million. ### Year-to-Date Third Quarter Fiscal Year 2026 Highlights (Thirty-Nine Weeks Ended May 30, 2026 vs. May 31, 2025) #### Net Sales - Net Sales were $1,023.2 million, a decrease of 5.4% compared to $1,081.9 million. - Atkins net sales were $254,636 thousand, a decrease of 22.6%. - Quest net sales were $652,045 thousand, an increase of 3.4%. - OWYN net sales were $94,091 thousand, a decrease of 5.5%. - Total North America net sales were $1,000,772 thousand, compared to $1,059,161 thousand. - International net sales were $22,422 thousand, compared to $22,718 thousand. #### Operational Metrics - Net Loss was - $186.4 million, compared to net income of $116.0 million. - Adjusted EBITDA was $168.4 million, a decrease of 20.5% compared to $211.9 million. - Gross Profit was $329.0 million, a decrease of 17.6%. - Gross Margin was 32.2%, a 470-basis point decline. - Selling and Marketing Expenses were $97.0 million, a decrease of 4.8%. - General and Administrative (G&A) Expenses were $113.3 million, a decrease of 1.7%. - Loss on Impairment was a $331.0 million non-cash charge. - Net Interest Expense was $13.8 million, an 18.4% decrease. - Effective Tax Rate was 22.1%. - Weighted Average Diluted Shares Outstanding were 93.7 million. ### Balance Sheet and Cash Flow (as of May 30, 2026) - Cash was $123.9 million. - Outstanding Principal Balance on Term Loan was $400.0 million. - Net Debt to Adjusted EBITDA Ratio was 1.2x. - Cash Flow from Operations (Year-to-Date) was $102.2 million, compared to $133.1 million in the comparable year-ago period. - Capital Expenditures (Year-to-Date) were $10.1 million. - Share Repurchases (During the Quarter) amounted to approximately 2.1 million shares for approximately $25 million. ### Outlook / Guidance - The Simply Good Foods Company anticipates fiscal year 2026 net sales to be between $1.345 and $1.355 billion, representing a 6% to 7% year-over-year decline, with gross margins expected to decrease by approximately 375 basis points year-over-year. - Adjusted EBITDA is projected to be between $220 and $225 million, indicating a -19% to -21% year-over-year change, alongside expected net interest expense of $19 to $21 million and capital expenditures of $20 to $25 million. - For the fourth quarter of fiscal year 2026, net sales are expected to range from $322 to $332 million, or -10% to -13% year-over-year, and Adjusted EBITDA is anticipated to be between $52 and $57 million, reflecting a -14% to -22% year-over-year change, with an effective tax rate of approximately 25%. ### Related Stocks - [SMPL.US](https://longbridge.com/en/quote/SMPL.US.md) ## Related News & Research - [What to Expect From Adobe’s Q3 2026 Earnings Report](https://longbridge.com/en/news/293933244.md) - [Hilton Worldwide announces Q3 2026 distribution of R$ 0.02 per unit](https://longbridge.com/en/news/294238525.md) - [Baxter Q2 2026 Earnings Preview](https://longbridge.com/en/news/294224876.md) - [W.W. 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