XML 52 R38.htm IDEA: XBRL DOCUMENT v3.25.3
Segment and Customer Information (Tables)
12 Months Ended
Aug. 30, 2025
Segment Reporting [Abstract]  
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas
The following is a summary of revenue disaggregated by geographic area and brand:

52-Weeks Ended53-Weeks Ended52-Weeks Ended
(In thousands)August 30, 2025August 31, 2024August 26, 2023
North America (1)
Atkins$420,787 $491,986 $526,769 
Quest863,614 777,394 682,789 
OWYN137,020 29,213 — 
Total North America1,421,421 1,298,593 1,209,558 
International (1)
29,499 32,728 33,114 
Total$1,450,920 $1,331,321 $1,242,672 
(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 30, 2025August 31, 2024
Long lived assets
North America (1)
$39,738 $24,830 
Total$39,738 $24,830 
(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.
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 30, 2025, fifty-three weeks ended August 31, 2024, and fifty-two weeks ended August 26, 2023:

52-Weeks Ended53-Weeks Ended52-Weeks Ended
August 30, 2025August 31, 2024August 26, 2023
Customer 131 %31 %31 %
Customer 218 %18 %16 %

At August 30, 2025, and August 31, 2024, 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 30, 2025August 31, 2024
Customer 1$60,151 36 %$41,943 28 %
Customer 2$46,225 28 %$51,411 34 %
Schedule of Segment Reporting Information, by Segment
The following table summarizes our segment net sales, significant expenses, and net income for the fifty-two weeks ended August 30, 2025, fifty-three weeks ended August 31, 2024, and fifty-two weeks ended August 26, 2023:

52-Weeks Ended53-Weeks Ended52-Weeks Ended
August 30, 2025August 31, 2024August 26, 2023
Net sales$1,450,920 $1,331,321 $1,242,672 
Cost of goods sold925,173 819,755 789,252 
Operating expenses:
Selling and marketing134,282 143,929 119,489 
General and administrative155,930 129,699 111,566 
Depreciation and amortization16,900 16,917 17,416 
Business transaction costs820 14,524 — 
Loss on impairment60,928 — — 
Other income (expense)(20,984)(20,447)(29,257)
Income tax expense32,289 46,741 42,117 
Net income$103,614 $139,309 $133,575