Once Upon a Farm Lowers 2026 Guidance After Product Recall

Once Upon a Farm, PBC (NYSE: OFRM) lowered its fiscal 2026 net sales and adjusted EBITDA outlook after a product recall.

The company now expects fiscal 2026 net sales of $290 million to $300 million. Its previous range was $327 million to $335 million, making the revised outlook lower at both ends.

Adjusted EBITDA guidance also changed direction. Once Upon a Farm had expected income of $3 million to $4.5 million; it now projects a loss of $4.5 million to $7 million for the year. The new range is entirely below zero, reversing the earlier expectation of income.

The recall involved three varieties of Tractor Wheels soft-baked bars. The recall occurred during the current quarter. The updated net sales and adjusted EBITDA figures apply to the full year.