Simply Good Foods slashes outlook, slips to second-quarter loss [Yahoo! Finance]
The Simply Good Foods Company (SMPL)
Last the simply good foods company earnings: 4/6 07:00 am
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Source: Yahoo! Finance
The most pronounced shift made in the second-quarter results announcement today (9 April), which also included an impairment charge, is in adjusted EBITDA, which the US business now envisages falling 19% to 22% to a range of $217m to $225m. In January, when the maker of Quest and Only What You Need (OWYN) products announced its first-quarter performance, the fiscal 2026 guidance was reaffirmed as likely to be up 1% to down 4%. No end figures were provided at that stage. Meanwhile, Colorado-based Simply Good Foods has lowered its outlook for net sales, now expected to be down 7-10% compared to the January forecast of up 2% to a decline of 2%. The range is expected at $1.31bn to $1.35bn. The company is also more downbeat on gross margins, which it sees dropping 300 to 350 basis points versus the 100-150-point retreat at the start of the year. “I want to make it quite clear that we are not satisfied with our current performance,” president and CEO Joe Scalzo said in today's (9 A
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SMPL
Earnings
- 4/9/26 - Beat
SMPL
Sec Filings
- 4/9/26 - Form 10-Q
- 4/9/26 - Form 8-K
- 3/27/26 - Form SCHEDULE
- SMPL's page on the SEC website