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Jun 26, 2026
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Simply Good Foods (SMPL) Reports Q2 Results: Sales Decline Offset by Steady Adjusted Metrics

Simply Good Foods (SMPL) Reports Q2 Results: Sales Decline Offset by Steady Adjusted Metrics

Key Takeaways

  • Net sales fell to $326.0 million from $359.7 million in the prior-year period.
  • The company reported a net loss of $159.7 million, or $1.73 per diluted share, compared with net income of $36.7 million, or $0.36 per diluted share, last year.
  • Adjusted diluted EPS came in at $0.45, nearly flat versus $0.46 in the year-ago quarter.
  • Adjusted EBITDA declined to $55.5 million from $68.0 million.
  • Management updated its full fiscal year 2026 outlook following the results.
  • Results reflect ongoing brand integration and one-time charges impacting GAAP figures.

Earnings Context and Why It Matters

The Simply Good Foods Company operates in the nutritional snacking category with brands including Atkins and Quest. Its fiscal second quarter, covering the 13 weeks ended February 28, 2026, provides investors with an update on sales trends, margin performance, and progress integrating recent brand acquisitions. Earnings reports like this one help gauge demand for protein-focused snacks amid shifting consumer preferences and competitive pressures in the packaged foods sector. From what I see, this quarter highlights the balance between near-term integration costs and longer-term category positioning.

Reported Results

For the fiscal second quarter of 2026, net sales totaled $326.0 million, down from $359.7 million a year earlier. GAAP net loss reached $159.7 million, or $1.73 per diluted share, versus net income of $36.7 million, or $0.36 per diluted share, in the prior-year period. Adjusted diluted EPS of $0.45 was essentially unchanged from $0.46 last year. Adjusted EBITDA decreased to $55.5 million from $68.0 million. The wide GAAP loss primarily stemmed from non-cash charges. The company also provided an updated outlook for fiscal year 2026. I also checked this using Tickeron’s AI Screener to see how the stock compares to others in the industry.

Market Reaction and Investor Sentiment

Following the April 9, 2026 release, investor attention focused on the gap between GAAP results and adjusted metrics. The modest decline in adjusted EPS and EBITDA, combined with the updated full-year outlook, shaped post-earnings commentary. Market participants weighed the sales contraction against evidence that core profitability metrics remained resilient despite integration costs. One thing that stands out is how adjusted figures held up better than the headline numbers might suggest.

Forward Outlook and Key Factors to Monitor

Investors will track the company’s updated fiscal 2026 guidance for signs of stabilization in net sales and adjusted EBITDA. Management commentary on brand integration progress, particularly around the Quest portfolio, will be closely followed.

Key areas include volume trends in core protein bar and shake categories, pricing actions, and any shifts in promotional spending. Supply chain costs and raw material inflation also remain relevant given the company’s focus on nutritional ingredients.

Broader category dynamics, such as consumer demand for high-protein snacks and competition from private-label alternatives, will influence results. The next earnings release, scheduled for July 9, 2026, will provide further visibility into third-quarter performance and any refinements to the full-year plan. I’m watching this closely as integration efforts play out.

Using AI Tools in My Research Process

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Related Ticker: SMPL

Contributor

Financial writer and active order flow futures trader with a focus on fundamental analysis, macroeconomic factors, and equity research. I make in-depth blogs on stocks and ETFs, bridging the gap between raw market data and real-world trading decisions.


SMPL in upward trend: price rose above 50-day moving average on October 28, 2026

SMPL moved above its 50-day moving average on October 28, 2026 date and that indicates a change from a downward trend to an upward trend. In 27 of 39 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are 69%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on October 30, 2026. You may want to consider a long position or call options on SMPL as a result. In 55 of 87 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 63%.

The Moving Average Convergence Divergence (MACD) for SMPL just turned positive on October 30, 2026. Looking at past instances where SMPL's MACD turned positive, the stock continued to rise in 23 of 39 cases over the following month. The odds of a continued upward trend are 59%.

The 10-day moving average for SMPL crossed bullishly above the 50-day moving average on October 19, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 9 of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 56%.

Following a +6.92% 3-day Advance, the price is estimated to grow further. Considering data from situations where SMPL advanced for three days, in 174 of 277 cases, the price rose further within the following month. The odds of a continued upward trend are 63%.

The Aroon Indicator entered an Uptrend today. In 111 of 185 cases where SMPL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 60%.

Bearish Trend Analysis

The 10-day RSI Indicator for SMPL moved out of overbought territory on November 05, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 28 similar instances where the indicator moved out of overbought territory. In 15 of the 28 cases, the stock moved lower in the following days. This puts the odds of a move lower at 54%.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SMPL declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 71%.

SMPL broke above its upper Bollinger Band on November 02, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of 30 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.752) is normal, around the industry mean (6.914). P/E Ratio (-5.711) is within average values for comparable stocks, (7.137). Projected Growth (PEG Ratio) (1.643) is also within normal values, averaging (8.458). Dividend Yield (0.000) settles around the average of (0.049) among similar stocks. P/S Ratio (0.699) is also within normal values, averaging (5.003).

The Tickeron Price Growth Rating for this company is 45 (best 1 - 100 worst), indicating steady price growth. SMPL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron SMR rating for this company is 94 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is 98 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. SMPL’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 92, placing this stock worse than average.

Notable companies

The most notable companies in this group are Kraft Heinz Company (The) (NYSE:KHC), General Mills (NYSE:GIS), The Campbell's Company (NASDAQ:CPB), Beyond Meat Inc. (NASDAQ:BYND).

Industry description

Companies in this industry usually make a diverse range of agricultural and/or processed food. Some prominent names in this segment are Mondelez International, which makes chocolates, biscuits, cookies etc. The Kraft Heinz Company specializes in ketchups, sauces, fruit drink pouches and many more. General Mills, Inc. sells flour and cereal. Kellogg is famous for its snacks and breakfast cereal. And so on down the line. As more and more consumers are looking for healthier options in food in recent years, several legacy food companies have responded by revamping brands to include organic and no-added-sugar versions, and/or acquiring healthy food firms, and even streamlining operations.

Market Cap

The average market capitalization across the Food: Major Diversified Industry is 3.55B. The market cap for tickers in the group ranges from 68.81K to 239.66B. NSRGY holds the highest valuation in this group at 239.66B. The lowest valued company is THRC at 68.81K.

High and low price notable news

The average weekly price growth across all stocks in the Food: Major Diversified Industry was 10%. For the same Industry, the average monthly price growth was 2%, and the average quarterly price growth was -14%. WYHG experienced the highest price growth at 40%, while OFRM experienced the biggest fall at -38%.

Volume

The average weekly volume growth across all stocks in the Food: Major Diversified Industry was -1%. For the same stocks of the Industry, the average monthly volume growth was -16% and the average quarterly volume growth was -27%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 47
P/E Growth Rating: 51
Price Growth Rating: 63
SMR Rating: 78
Profit Risk Rating: 92
Seasonality Score: 18 (-100 ... +100)
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General Information

a developer of nutritional food and snacking products

Industry FoodMajorDiversified

Industry
Food Major Diversified
Address
1225, 17th Street
Phone
+1 303 633-2840
Employees
328
Web
http://www.thesimplygoodfoodscompany.com
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Simply Good Foods (SMPL) Reports Q2 Results: Sales Decline Offset by Steady Adjusted Metrics