v3.26.1
Segment Reporting
 6 Months Ended
Feb. 28, 2026
Segment Reporting [Abstract]  
Segment Reporting Disclosure
13. Segment Information

The Company has completed its efforts to fully integrate its operations and organizational structure after the OWYN Acquisition. As of February 28, 2026, the Company determined its operations are organized into one consolidated operating segment and reportable segment, represented by the Company’s consolidated financial statements. Previously, as of March 1, 2025, the Company’s operations were organized into two operating segments, Quest and Atkins, and OWYN, which were aggregated into one reportable segment due to similar financial, economic and operating characteristics.

The Chief Operating Decision Maker (“CODM”) is the President and Chief Executive Officer (“CEO”). The CODM regularly reviews consolidated segment performance including net sales, significant expenses, net income, Adjusted EBITDA, budget to actual variance analysis, as well as other key metrics. The CODM uses net income as the measure of profitability to assess segment performance and allocate resources. The accounting policies of the segment are the same as those described in Note 2, Summary of Significant Accounting Policies.

The following table summarizes our segment net sales, significant expenses, and net income for the thirteen and twenty-six week periods ended February 28, 2026, and March 1, 2025:
Thirteen Weeks EndedTwenty-Six Weeks Ended
February 28, 2026March 1, 2025February 28, 2026March 1, 2025
Net sales$326,013 $359,655 $666,211 $700,923 
Cost of goods sold222,980 229,518 453,278 440,300 
Operating expenses:
Selling and marketing28,167 35,078 57,844 68,072 
General and administrative34,875 36,013 72,881 74,077 
Depreciation and amortization4,309 4,148 8,942 8,308 
Business transaction costs— 177 — 820 
Loss on impairment249,000 — 249,000 — 
Other income (expense)(4,703)(5,743)(8,471)(12,693)
Income tax (benefit) expense(58,323)12,231 (49,776)21,784 
Net (loss) income$(159,698)$36,747 $(134,429)$74,869