Segment and Customer Information (Tables)
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12 Months Ended |
Aug. 29, 2026 |
| Segment Reporting [Abstract] |
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| Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue and Long-Lived Asset |
The following is a summary of revenue disaggregated by geographic area and brand:
| | | | | | | | | | | | | | | | | | | | | | | 52-Weeks Ended | | 52-Weeks Ended | | 53-Weeks Ended | | (In thousands) | | August 29, 2026 | | August 30, 2025 | | August 31, 2024 | North America (1) | | | | | | | | Atkins | | $ | 332,674 | | | $ | 420,787 | | | $ | 491,986 | | | Quest | | 869,707 | | | 863,614 | | | 777,394 | | | OWYN | | 123,785 | | | 137,020 | | | 29,213 | | | Total North America | | 1,326,166 | | | 1,421,421 | | | 1,298,593 | | International (1) | | 30,333 | | | 29,499 | | | 32,728 | | | Total | | $ | 1,356,499 | | | $ | 1,450,920 | | | $ | 1,331,321 | | (1) The North America geographic area consists of net sales substantially related to the United States and there is no individual foreign country to which more than 10% of the Company’s net sales are attributed or that is otherwise deemed individually material. |
The following is a summary of long lived assets by geographic area:
| | | | | | | | | | | | | | | | (In thousands) | | August 29, 2026 | | August 30, 2025 | | Long lived assets | | | | | North America (1) | | $ | 52,614 | | | $ | 39,738 | | | | | | | | Total | | $ | 52,614 | | | $ | 39,738 | | (1) The North America geographic area consists of long-lived assets substantially related to the United States and there is no individual foreign country in which more than 10% of the Company’s long-lived assets are located or that is otherwise deemed individually material. |
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| Schedules of Concentration of Risk, by Risk Factor |
Credit risk for the Company was concentrated in two customers who each comprised more than 10% of the Company’s total sales for the fifty-two weeks ended August 29, 2026, fifty-two weeks ended August 30, 2025, and fifty-three weeks ended August 31, 2024:
| | | | | | | | | | | | | | | | | | | | | | | 52-Weeks Ended | | 52-Weeks Ended | | 53-Weeks Ended | | | August 29, 2026 | | August 30, 2025 | | August 31, 2024 | | Customer 1 | | 30 | % | | 31 | % | | 31 | % | | Customer 2 | | 20 | % | | 18 | % | | 18 | % |
At August 29, 2026, and August 30, 2025, the following amounts of the Company’s accounts receivable, net were related to these significant customers for the periods in which the customers were significant:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | | August 29, 2026 | | August 30, 2025 | | Customer 1 | | $ | 47,726 | | | 35 | % | | $ | 60,151 | | | 36 | % | | Customer 2 | | $ | 50,319 | | | 37 | % | | $ | 46,225 | | | 28 | % |
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| Segment Reporting |
The following table summarizes our segment net sales, significant expenses, and net income for the fifty-two weeks ended August 29, 2026, fifty-two weeks ended August 30, 2025, and fifty-three weeks ended August 31, 2024:
| | | | | | | | | | | | | | | | | | | | | | | 52-Weeks Ended | | 52-Weeks Ended | | 53-Weeks Ended | | (In thousands) | | August 29, 2026 | | August 30, 2025 | | August 31, 2024 | | Net sales | | $ | 1,356,499 | | | $ | 1,450,920 | | | $ | 1,331,321 | | | Cost of goods sold | | 914,136 | | | 925,173 | | | 819,755 | | | Operating expenses: | | | | | | | | Selling and marketing | | 129,446 | | | 134,282 | | | 143,929 | | | General and administrative | | 143,901 | | | 155,930 | | | 129,699 | | | Depreciation and amortization | | 17,731 | | | 16,900 | | | 16,917 | | | Business transaction costs | | — | | | 820 | | | 14,524 | | | Loss on impairment | | 331,000 | | | 60,928 | | | — | | | Other income (expense) | | (18,408) | | | (20,984) | | | (20,447) | | | Income tax (benefit) expense | | (42,220) | | | 32,289 | | | 46,741 | | | Net (loss) income | | $ | (155,903) | | | $ | 103,614 | | | $ | 139,309 | |
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