Simply Good Foods projects FY 2027 sales and EBITDA declines, prompting analyst downgrades
Simply Good Foods reported Q4 2026 net sales of $333.3 million, down 9.7% year‑over‑year, and adjusted EBITDA of $57.5 million, down 13.2%. The company guided FY 2027 net sales to fall 13%–17% and adjusted EBITDA to decline 9%–14%, citing a challenging consumer environment and a reset year. Analyst Jefferies cut its rating to Hold and lowered the price target to $11.00, while Stifel kept a Buy rating but reduced its target to $18.00.
Why it matters
The lower FY 2027 outlook signals reduced revenue and profit expectations, which may pressure the stock price. Jefferies’ downgrade and reduced price target reflect diminished near‑term growth visibility, while Stifel’s lower target suggests the market may trade at a discount to FY 2027 EBITDA.
Key facts
- 1Q4 2026 net sales were $333.3 million, a 9.7% decline year‑over‑year. finance.yahoo.com
- 2Adjusted EBITDA for Q4 2026 was $57.5 million, down 13.2% from the prior period. finance.yahoo.com
- 3FY 2027 net sales are expected to decline 13%–17%. seekingalpha.com
- 4FY 2027 adjusted EBITDA is expected to decline 9%–14%. finance.yahoo.com
- 5Jefferies downgraded the stock to Hold and lowered its price target to $11.00 from $15.00. investing.com
- 6Stifel kept a Buy rating but cut its price target to $18.00 from $20.00. investing.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.