The Simply Good Foods Company · NASDAQ:SMPL
The Simply Good Foods — Q4 2026 Earnings Presentation
20 slides from The Simply Good Foods's earnings presentation, Oct 27, 2026
Slide 1: Fourth Quarter Fiscal Year 2026
Fourth Quarter Fiscal Year 2026 October 27, 2026
Slide 2: Disclaimer: Forward Looking Statements
Disclaimer Forward Looking Statements Certain statements made herein are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by or include w
Slide 3: Joe Scalzo, President and Chief Executive Officer
Joe Scalzo President and Chief Executive Officer
Slide 4: Key Messages
Key Messages FY26: Taking Decisive Action to Reset the Business • Improved cost structure, overhauled marketing on all brands, and aligned organization on focused set of priorities FY27: Restore Economic Foundation And Rebuild Brand Momentum • Leaner, more focused, financially stronger company • FY2
Slide 5: Too Early to Assess Impact of New Commercial Initiatives
Too Early to Assess Impact of New Commercial Initiatives Though we see several encouraging indicators: • Successfully executed near double-digit price increase to fuel reinvestment in brands • New marketing programs In Place Across All Three Brands • Overhauled New Product Pipeline With Deeper Under
Slide 6: Q4 2026: By the Numbers
Q4 2026: By the Numbers Reported Net Sales1 Gross Profit (GAAP) Adjusted EBITDA1,2 Retail Takeaway3 (Gross Margin) (13 Weeks Ended 8/29/26) -9.7% YOY 30 bps -13.2% YOY Decline Decline Decline $369.0 12.0% $126.6 10.8% 34.3% 19.4% $66.2 17.9% $57.5 17.2% $333.3 $113.3 16.0% -14.6% 34.0% -8.4% 4Q25 4Q
Slide 7: Quest Update
Quest Update Quest Q4 retail takeaway declined 2.1%1 relative to +1.4% in Q3 • Total brand Household Penetration increased 50 bps year over year to 20.2%2 Salty performing well as consumers seek ‘better-for-you’ salty snacks • Salty consumption grew about 13% in the fourth quarter • Recent innovatio
Slide 8: Quest Creative: Feed Your Athlete
Quest Creative: Feed Your Athlete DIGITAL – SOCIAL & INFLUENCER TV / STREAMING EXPERIENTIAL / IN REAL LIFE Modern life is a contact sport. Daily life demands us to be at the top of our game. Athlete-Worthy Nutrition for everyday wins. 8
Slide 9: Atkins Update
Atkins Update Atkins Q4 retail takeaway declined 22.6%1; roughly in-line with Q3 • Total brand Household Penetration declined approximately 210 bps year over year to 8.3%2 • Buy rate of core consumers has remained resilient Combination of factors contributed to brand’s recent decline Has not recei
Slide 10: Atkins Creative: Metabolism Changing Nutrition
Atkins Creative: Metabolism Changing Nutrition DIGITAL ASSETS TV / STREAMING Atkins Can Help You SOCIAL & Keep the Weight Off. INFLUENCER 10
Slide 11: OWYN Update
OWYN Update OWYN Q4 retail takeaway declined 7.0%1 versus a decline of 1.3% last quarter • Total brand Household Penetration declined approximately 30 bps year over year to 4.0%2 • Core products grew high-single digits in the period1,3 Household penetration has significant potential for growth • Rec
Slide 12: OWYN Creative: Every Ingredient Earns Its Place
OWYN Creative: Every Ingredient Earns Its Place TV / STREAMING Focus on clean label. Focus on allergen friendly. RETAILER / BANNER ADS 12
Slide 13: Confidence in Returning to Long-Term Algorithm Over Time
Confidence in Returning to Long-Term Algorithm Over Time Compete in a strong, growing category critical across retail channels • Supported by long-term consumer trends around health, wellness and convenient nutrition We have built a best-in-class company • Developed strong capabilities in marketing,
Slide 14: Strong Portfolio of Brands in Attractive Category
Strong Portfolio of Brands in Attractive Category Portfolio of Brands with distinct positioning and consumer targets FOCUSED INVESTMENT Bars & Salty Core RTDs and Bars Core Flavors (20g/32g RTDs, Powders) All brands will focus on core segments and top of funnel marketing Performance Maxxers 23M Laps
Slide 15: Chris Bealer, Chief Financial Officer
Chris Bealer Chief Financial Officer
Slide 16: Q4 2026 Net Sales Breakdown
Q4 2026 Net Sales Breakdown Reported Net Sales1 Reported Net Sales Breakdown, by Brand1 -9.7% YOY Decline Int'l, 2% OWYN, 9% $369.0 Atkins, 23% $333.3 Quest, 65% 4Q25 4Q26 16 1Unaudited financial information for the 13-weeks ended August 29, 2026, and 13-weeks ended August 30, 2025; Note: Dollar amo
Slide 17: Q4 2026 Profitability Detail
Q4 2026 Profitability Detail Gross Profit (GAAP) 1 Adjusted EBITDA1,2 Net Income (Loss) 1 (Gross Margin) (Adjusted EBITDA Margin) (% of Net Sales) $30.5 $126.6 9.1% 34.3% $66.2 $113.3 17.9% 34.0% $57.5 17.2% -3.4% Includes (~$61m) ($12.4) Impairment 4Q25 4Q26 4Q25 4Q26 4Q25 4Q26 1Unaudited financial
Slide 18: Cash Flow & Capital Allocation Priorities
Cash Flow & Capital Allocation Priorities Strong Cash Position • Cash of $138.4 million versus cash of $98.5 million in the prior year • Cash flow from operations of $181.0 million versus $178.5 million in the prior year Maintaining a flexible and prudent capital structure • Spent roughly $50 millio
Slide 19: Fiscal Year 2027 & Q1 2027 Outlook
Fiscal Year 2027 & Q1 2027 Outlook Restoring Our Economic Foundation and Improving Brand Momentum: 2H Metrics > 1H Fiscal 2027 Outlook Q1 2027 Outlook Comments Net Sales Growth 13% to 17% Decline 19% to 22% Decline Reflects current consumption trends, pricing impact and distribution losses, 2H > 1H
Slide 20: msiler@simplygoodfoodsco.com
msiler@simplygoodfoodsco.com
The Simply Good Foods Company — Q4 2026 Earnings Presentation on 6ix