Simply Good Foods Forecasts Sales to Fall Up to 17% in Fiscal 2027

The Simply Good Foods Company expects fiscal 2027 net sales to fall 13% to 17%, extending pressure after a weaker fourth quarter. It projects higher gross margin for the year but lower adjusted EBITDA, a non-GAAP measure of operating performance. The company expects adjusted EBITDA to decline 9% to 14% year over year, while GAAP gross margin increases 250 to 300 basis points. Its outlook includes net interest expense of $18 million to $20 million and capital expenditures of $15 million to $20 million.

Source: TokenPost