India, April 9 -- Simply Good Foods Co. (SMPL) reported Thursday a loss in its second quarter, compared to prior year's profit, hurt mainly by a loss on impairment charge and weak revenues.
Further, the nutritional snacking company issued cautious third quarter outlook and trimmed fiscal 2026 forecast.
On the Nasdaq, shares of Simply Good Foods are currently trading 14.64 percent lower, at $12.33.
For the second quarter, net loss was $159.70 million or $1.73 per share, compared to a profit of $36.75 million or $0.36 per share last year.
Loss on impairment for the second quarter was $249.00 million related to the Atkins brand and OWYN brand intangible assets.
Adjusted earnings per share were $0.45, compared to $0.46 in the comparable ye...