Simply Good Foods expects FY 2027 net sales to decline 13%–17% as pricing and marketing reset drives second-half improvement
Simply Good Foods Company (NASDAQ:SMPL) reported stronger-than-expected fourth-quarter results in August 2026, with adjusted earnings per share of $0.44, exceeding analyst consensus of $0.42. Revenue for the quarter amounted to $333.3 million, surpassing estimates of $327.9 million but representing a 9.7% decline from the same period in the previous year.
However, the company's stock edged down 0.40% in pre-market trading, as investors focused on the weak guidance for fiscal 2027. The company anticipates a decline in net sales between 19% and 22% year-over-year for the first quarter of fiscal 2027, with adjusted EBITDA expected to fall between 28% and 33%. For the full fiscal year 2027, Simply Good Foods expects a net sales decline of 13% to 17%, with adjusted EBITDA projected to decline 9% to 14% year-over-year.
CEO Joe Scalzo acknowledged the challenging nature of fiscal 2027, emphasizing the company's efforts to restore the business's economic foundation and rebuild brand momentum.
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