v3.26.1
Segment Reporting
 9 Months Ended
May 30, 2026
Segment Reporting [Abstract]  
Segment Reporting
As of May 30, 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 May 31, 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 thirty-nine week periods ended May 30, 2026, and May 31, 2025:
Thirteen Weeks EndedThirty-Nine Weeks Ended
May 30, 2026May 31, 2025May 30, 2026May 31, 2025
Net sales$356,983 $380,956 $1,023,194 $1,081,879 
Cost of goods sold240,884 242,437 694,162 682,737 
Operating expenses:
Selling and marketing39,173 33,799 97,017 101,871 
General and administrative40,453 41,229 113,334 115,306 
Depreciation and amortization4,337 4,171 13,279 12,479 
Business transaction costs— — — 820 
Loss on impairment82,000 — 331,000 — 
Other income (expense)(5,071)(4,578)(13,542)(17,271)
Income tax (benefit) expense(2,963)13,640 (52,739)35,424 
Net (loss) income$(51,972)$41,102 $(186,401)$115,971