The Simply Good Foods Company reported financial results for the fourth quarter and fiscal year 2025. Net sales for the fourth quarter were $369.0 million, with a net loss of $12.4 million. For the fiscal year, net sales were $1,450.9 million, with a net income of $103.6 million.

The company expects net sales for fiscal year 2026 to range between -2% and +2% year-over-year, with gross margins expected to decline by 100 to 150 basis points. Adjusted EBITDA is expected to range between -4% and +1% year-over-year.

The company’s vision is to be a leader in high protein, low sugar, and low carb products. They plan to achieve this through innovation, expanding product availability, and breakthrough marketing. Despite challenges like reduced distribution for Atkins and cost pressures, they aim for sustainable growth and shareholder value.

In the fourth quarter of 2025, net sales decreased by 1.8% to $369.0 million, driven by an extra week in the previous year and elevated input costs. Gross profit decreased by 13.3%, with a loss on impairment of $60.9 million related to the Atkins brand. Adjusted EBITDA was $66.2 million, a 14.5% decrease from the previous year.

The company’s balance sheet shows cash of $98.5 million and a Net Debt to Adjusted EBITDA ratio of 0.5x. Cash flow from operations was $178.5 million, with higher working capital uses. They repurchased $50.9 million of stock and approved a $150 million increase to their stock repurchase program.

The Simply Good Foods Company anticipates stronger performance in the second half of fiscal year 2026. They expect challenges for Atkins but growth from Quest and OWYN. Gross margin and Adjusted EBITDA declines are expected due to inflation and tariffs, with growth projected in the third quarter onwards.

The company’s long-term vision includes continued growth for Quest and OWYN, with increased marketing spending to drive trial and awareness. They aim to balance growth expectations with challenges to create sustainable growth and provide fuel for future opportunities.

Read more at GlobeNewswire: The Simply Good Foods Company Reports Fiscal Fourth Quarter