Simply Good Foods falls after annual sales target below estimates

The Simply Good Foods

23/10/2025 17:08

Oct 23 - ** Shares of packaged food and beverage company Simply Good Foods SMPL.O down 17.4% at $20.63

** Co forecasts fiscal year 2026 net sales below estimates, reflecting cost pressures from tariffs and inflation and reduced distribution for its snacks brand Atkins

** Forecasts fiscal 2026 net sales between 2% fall and 2% rise, compared with a 2.9% rise - LSEG-compiled data

** Reports $12.4 mln net loss for Q4, compared with a profit of $29.3 mln citing an impairment charge related to the Atkins brand, as well as a challenging fiscal 2025

** Co's Q4 adjusted EPS of 46 cents falls short of estimates of 47 cents

** However, Q4 revenue of $369 mln was slightly above estimates of $368.9 mln

** Up to last close, stock down 34.74% YTD

 (Reporting by Juveria Tabassum and Koyena Das in Bengaluru)

 ((Juveria.Tabassum@thomsonreuters.com))