Simply Good Foods

The Simply Good Foods Co. is a consumer packaged food and beverage company, which engages in the development, marketing, and sale of nutritional food and snacking products. Its products include nutrition bars, ready-to-drink shakes, snacks, confectionery, and frozen meals under the Atkins and Quest brands. The company was founded on March 30, 2017 and is headquartered in Denver, CO.

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Simply Good Foods reports Q1 growth, eyes margin improvement

Simply Good Foods remains cautiously optimistic about future performance, focusing on strategies to increase shareholder value.
Fiscal Year '22 was challenging due to supply chain disruptions and high inventory levels, impacting net sales and margins.
Efforts to address challenges in international markets and consumer behavior shifts present opportunities for growth and strategic adjustments.

Simply Good Foods (SMPL) reports strong Q2 performance and digital growth opportunities

Simply Good Foods (SMPL) delivered a strong Q2 performance, with a focus on brand growth, cost control, and digital expansion driving financial success.
While facing challenges such as margin pressure and international market dynamics, the company is well-positioned to capitalize on opportunities in e-commerce, brand expansion, and cost efficiency.
With a solid financial foundation, strategic leadership changes, and a clear growth strategy, Simply Good Foods is poised for continued success and market expansion.
Investors should monitor the company's progress in executing its growth initiatives, managing costs, and leveraging digital channels to drive revenue and profitability.

Simply Good Foods reports Q3 growth, focuses on innovation and brand awareness

Simply Good Foods (SMPL) Q3 earnings call highlighted growth in net sales, retail takeaway, and Quest momentum. The company is addressing challenges at Atkins through innovation, distribution rebuilding, and marketing investment. Focus on brand awareness, innovation, and strategic growth opportunities.

Simply Good Foods (SMPL) reports strong Q4 performance and outlines revitalization plan for Atkins brand

Simply Good Foods (SMPL) delivered strong Q4 results, with a focus on revitalizing the Atkins brand and driving growth through marketing initiatives. Challenges include addressing Atkins underperformance and balancing profitability with increased marketing spend. Opportunities lie in the weight wellness category and targeted product promotion strategies.

Simply Good Foods reports growth in Q1 driven by Quest's momentum

Simply Good Foods (SMPL) delivered a solid performance in Q1 2024, driven by Quest's retail momentum and strategic investments.
The company remains focused on sustained growth, balancing investments between Quest and Atkins to leverage unique brand strengths.
Opportunities lie in expanding consumer interest in low sugar and low carb options, with a focus on innovative product offerings and market expansion.

Simply Good Foods reports solid Q2 performance and navigates brand challenges

Simply Good Foods Company delivered a solid financial performance in Q2 2024, driven by growth in net sales and adjusted EBITDA, supported by strong gross margins.
Both Quest and Atkins brands showcased strengths in product innovation and marketing strategies, while facing challenges in competitive merchandising and consumption trends.
Opportunities lie in improving gross margins, leveraging marketing spend, and capitalizing on potential tailwinds like GLP-1 drugs for Atkins.
The company's proactive approach to addressing challenges and seizing opportunities positions it well for sustained growth and market competitiveness.

Simply Good Foods reports robust Q4 performance and growth outlook

Simply Good Foods Company delivered strong financial performance in Q4 2024, driven by the OWYN acquisition and solid retail takeaway.
While facing challenges with Atkins and temporary constraints for Quest, the company is focusing on marketing campaigns and new product launches for growth.
Opportunities lie in the expansion of Quest's product line and strategic capital allocation for future growth and value creation.
Overall, Simply Good Foods is well-positioned to capitalize on its strengths and navigate challenges to drive continued success in fiscal 2025.

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"Sweet on Protein" introduces Quest's latest creative campaign, showcasing the brand's new protein-packed baked goods lineup. DENVER , Oct. 29, 2024 /PRNewswire/ -- Quest, a leading brand under Simply Good Foods and innovator in the active nutrition category, announced the launch of its new "Sweet on Protein" campaign, an extension of the successful "It's Basically Cheating" campaign.

Quest™ Launches "Sweet on Protein" Campaign to Debut New Bake Shop Line

Simply Good Foods reported a slight growth hiccup in Q4, caused by Quest's temporary supply chain issues. The underlying performance stayed consistent. The OWYN acquisition's integration boosts Simply Good Foods' earnings growth prospects with better distribution and cost synergies. The Quest brand's initiatives should also drive good in FY2025, in part mitigated by a continued weak Atkins brand.

Simply Good Foods: OWYN Integration Bolsters Growth Prospects

The Simply Good Foods Company (NASDAQ:SMPL ) Q4 2024 Earnings Conference Call October 1, 0000 8:30 AM ET Company Participants Geoff Tanner - President, Chief Executive Officer, Director Shaun Mara - Chief Financial Officer Mark Pogharian - Vice President of Investor Relations Conference Call Participants Brian Holland - D.A. Davidson Matt Smith - Stifel Jon Andersen - William Blair Alexia Howard - Bernstein John Baumgartner - Mizuho Securities Jim Salera - Stephens Inc. Operator Ladies and gentlemen, good morning.

The Simply Good Foods Company (SMPL) Q4 2024 Earnings Call Transcript

Simply Good Foods (SMPL) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.45 per share a year ago.

Simply Good Foods (SMPL) Q4 Earnings and Revenues Surpass Estimates

Shares of The Simply Good Foods Co (SMPL, Financial) fell 3.89% in mid-day trading on Oct 2. The stock reached an intraday low of $33.40, before recovering slightly to $33.50, down from its previous close of $34.85.

The Simply Good Foods Co (SMPL) Shares Gap Down to $33.495 on Oct 2

DENVER, Sept. 09, 2024 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (Nasdaq: SMPL) (“Simply Good Foods,” or the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products, today announced Mike Clawson as Chief Customer Officer (“CCO”), effective October 14, 2024.

The Simply Good Foods Company Names Mike Clawson as Chief Customer Officer

DENVER , Aug. 26, 2024 /PRNewswire/ -- Quest Nutrition announced today the launch of its new Quest™ Bake Shop line, featuring deliciously soft Chocolate Brownies, Blueberry Muffins, and Chocolate Chip Muffins. These baked treats deliver satisfying protein while keeping sugar and net carbs low.

Introducing Quest™ Bake Shop: Cheat-Worthy Brownies and Muffins That are Big on Protein and Even Bigger on Flavor

The Simply Good Foods Company (NASDAQ:SMPL ) Q3 2024 Earnings Conference Call June 27, 2024 9:00 AM ET Company Participants Mark Pogharian - Vice President of Investor Relations Geoff Tanner - President, Chief Executive Officer and Director Shaun Mara - Chief Financial Officer Conference Call Participants Matthew Smith - Stifel Alexia Howard - AllianceBernstein John Baumgartner - Mizuho Securities Jon Andersen - William Blair Stephen Powers - Deutsche Bank Brian Holland - D.A. Davidson Kaumil Gajrawala - Jefferies Operator Greetings and welcome to The Simply Good Foods Company Fiscal Third Quarter 2024 Conference Call.

The Simply Good Foods Company (SMPL) Q3 2024 Earnings Call Transcript

Simply Good Foods (SMPL) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.44 per share a year ago.

Simply Good Foods (SMPL) Surpasses Q3 Earnings Estimates

DENVER, June 27, 2024 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (Nasdaq: SMPL) (“Simply Good Foods,” or the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products, today reported financial results for the thirteen and thirty-nine weeks ended May 25, 2024. The Company completed the acquisition of Only What You Need, Inc. ("OWYN") on June 13, 2024, therefore, fiscal third quarter 2024 results exclude the performance of this brand. The reference to "legacy" Simply Good Foods in this press release encompasses Simply Good Foods' business excluding OWYN.

The Simply Good Foods Company Reports Fiscal Third Quarter 2024 Financial Results and Updates Full Fiscal Year 2024 Outlook

The Simply Good Foods Company is a consumer packaged food and beverage business focused on nutritious snacking. Despite recent growth in revenue and earnings, shares have declined and remain pricey relative to similar firms. The recent acquisition of OWYN may impact cash flow, but the company is on a positive trajectory in a competitive market.

Simply Good Foods: Staying The Course

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Simply Good Foods (SMPL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Simply Good Foods (SMPL) Reports Next Week: Wall Street Expects Earnings Growth

SAN FRANCISCO & LOS ANGELES--(BUSINESS WIRE)--GroundForce Capital, an investment management firm that backs high-potential B2B and B2C companies seeking to improve the health and longevity of people and the planet, is pleased to announce the sale of Only What You Need (OWYN) to The Simply Good Foods Company (Nasdaq: SMPL) for $280 million. OWYN is the fastest-growing ready-to-drink (RTD)(1) protein shake brand in the market that unites great taste and ingredient transparency. GroundForce Capita.

GroundForce Capital Announces the Acquisition of OWYN by The Simply Good Foods Company

MIAMI--(BUSINESS WIRE)--Purchase Capital LLC, an investment firm that provides patient capital for private and public companies that have significant potential for long-term value creation, today announced the completion of the sale of Only What You Need (“OWYN”), a leading plant-based ready-to-drink (RTD) protein shake brand, to The Simply Good Foods Company (Nasdaq: SMPL). “We are grateful for the support of our investors that helped build OWYN into the fastest growing RTD protein shake brand.

Purchase Capital Completes Sale of OWYN to Simply Good Foods

DENVER, June 13, 2024 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (Nasdaq: SMPL) (“Simply Good Foods,” or the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products, today announced it has completed the acquisition of Only What You Need (“OWYN”), a leading plant-based ready-to-drink (“RTD”) protein shake brand, which was previously announced on April 29, 2024.

The Simply Good Foods Company Completes Acquisition of Only What You Need (OWYN)

Simply Good Foods (SMPL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Simply Good Foods (SMPL) Beat Estimates Again in Its Next Earnings Report?

DENVER, May 06, 2024 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (NASDAQ:SMPL) (“Simply Good Foods” or the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products, today announced that members of the executive management team will participate in a fireside chat at the Goldman Sachs Global Staples Forum on Tuesday, May 14, 2024 at 8:55 a.m. ET.

The Simply Good Foods Company to Participate in the Goldman Sachs Global Staples Forum

DENVER and NEW YORK, April 29, 2024 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (Nasdaq: SMPL) (“Simply Good Foods,” or the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products, and Only What You Need (“OWYN”), a leading plant-based ready-to-drink (“RTD”) protein shake brand, today announced that the companies have entered into a definitive agreement under which Simply Good Foods will acquire OWYN for $280 million in cash.

The Simply Good Foods Company to Acquire Only What You Need (OWYN)

The Simply Good Foods Company (NASDAQ:SMPL ) Q2 2024 Earnings Conference Call April 4, 2024 8:30 AM ET Company Participants Mark Pogharian - VP, IR Geoff E. Tanner - CEO and President Shaun Mara - CFO Conference Call Participants Matthew Smith - Stifel, Nicolaus & Company Alexia Howard - Sanford C.

The Simply Good Foods Company (SMPL) Q2 2024 Earnings Call Transcript

Simply Good Foods (SMPL) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.32 per share a year ago.

Simply Good Foods (SMPL) Tops Q2 Earnings Estimates

DENVER, April 04, 2024 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (Nasdaq: SMPL) (“Simply Good Foods,” or the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products, today reported financial results for the thirteen weeks ended February 24, 2024.

The Simply Good Foods Company Reports Fiscal Second Quarter 2024 Financial Results and Updates Full Fiscal Year 2024 Net Sales and Adjusted EBITDA Outlook

Simply Good Foods (SMPL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Simply Good Foods (SMPL) Earnings Expected to Grow: Should You Buy?

Simply Good Foods (SMPL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Simply Good Foods (SMPL) Might Surprise This Earnings Season

DENVER, March 18, 2024 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (NASDAQ: SMPL) (“Simply Good Foods” or the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products, today announced it will report financial results for the 13 week fiscal second quarter ended February 24, 2024, on Thursday, April 4, 2024, before market open. The Company will host a conference call to discuss these results with additional comments and details provided at that time. Participating on the call will be Geoff Tanner, President and Chief Executive Officer, and Shaun Mara, Chief Financial Officer.

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