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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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 protein 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.

5-Eleven Hoops, DEUCE Community, Soccer in the Streets and Train of Thought were granted $20,000 each to bolster their efforts in their local communities DENVER , July 18, 2023 /PRNewswire/ -- The Quest™ brand, part of The Simply Good Foods Company (Nasdaq: SMPL), continues its mission to give back and support local communities with the announcement of the 2023 Quest for Impact grant recipients: 5-Eleven Hoops, DEUCE Community, Soccer in the Streets and Train of Thought. This marks the second year of Quest's grant program where each recipient received a $20,000 grant to further their quests and create meaningful and lasting change within their communities.

Quest™ Awards $80,000 in Quest for Impact Grants to Help Drive Positive Change in Local Communities

The Simply Good Foods Company (NASDAQ:SMPL ) Q3 2023 Earnings Conference Call June 29, 2023 9:00 AM ET Company Participants Mark Pogharian - Vice President of Investor Relations Joe Scalzo - President & Chief Executive Officer Geoff Tanner - President, Chief Operating Officer & Chief Executive Officer Elect Shaun Mara - Chief Financial Officer Conference Call Participants Matt Smith - Stifel John Baumgartner - Mizuho Securities Pamela Kaufman - Morgan Stanley Rob Dickerson - Jefferies Jason English - Goldman Sachs Steve Powers - Deutsche Bank Operator Good morning and welcome to Simply Good Foods Company Fiscal Third Quarter 2023 Conference Call. At this time, all participants are in a listen-only mode.

The Simply Good Foods Company (SMPL) Q3 2023 Earnings Call Transcript

The Simply Good Foods Company (NASDAQ:SMPL) shares moved higher on Thursday morning after the developer, marketer and seller of branded nutritional foods and snacking products posted a third quarter fiscal 2023 earnings beat.  For the quarter ended May 27, 2023, the company reported adjusted earnings per share of $0.44, the same as the year-ago quarter and ahead of the Street's expectation per Zacks Consensus Estimate (ZCE) of $0.42.

Simply Good Foods shares rise on 3Q earnings beat

Simply Good Foods (SMPL) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.44 per share a year ago.

Simply Good Foods (SMPL) Surpasses Q3 Earnings and Revenue Estimates

DENVER, June 29, 2023 (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 27, 2023.

The Simply Good Foods Company Reports Third Quarter Fiscal Year 2023 Financial Results and Reaffirms Full Fiscal Year 2023 Outlook

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.

Why Simply Good Foods (SMPL) Could Beat Earnings Estimates Again

Simply Good Foods Company is expected to see revenue growth from Q4 FY23 due to easier comparisons and strong end-market demand trends. Margins are anticipated to improve as supply chain efficiencies are gained and ingredient costs moderate in the upcoming fiscal period. With a discounted valuation compared to historical levels and positive long-term growth prospects, SMPL stock looks like a good buy.

Simply Good Foods: Fundamentals Should Bottom Soon

DENVER, June 15, 2023 (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 third quarter ended May 27, 2023, on Thursday, June 29, 2023, 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 Joseph E. Scalzo, Chief Executive Officer, Geoff Tanner, President, Chief Operating Officer and CEO Elect and Shaun P. Mara, Chief Financial Officer.

Simply Good Foods to Report Third Quarter Fiscal Year 2023 Financial Results on Thursday, June 29, 2023

The Simply Good Foods Company (NASDAQ:SMPL ) Q2 2023 Earnings Conference Call April 5, 2023 8:30 AM ET Company Participants Mark Pogharian - Vice President, Investor Relations Joe Scalzo - President and Chief Executive Officer Geoff Tanner - President, COO, and CEO Elect Shaun Mara - Chief Financial Officer Conference Call Participants Cody Ross - UBS Steve Powers - Deutsche Bank Alexia Howard - Bernstein John Baumgartner - Mizuho Securities Pamela Kaufman - Morgan Stanley Rob Dickerson - Jefferies Operator Greetings. Welcome to The Simply Foods Company's Fiscal and Second Quarter 2023 Conference Call.

The Simply Good Foods Company (SMPL) Q2 2023 Earnings Call Transcript

Shares of The Simply Good Foods Company (NASDAQ:SMPL) fell sharply in early trade despite the company reporting second-quarter sales and earnings that narrowly beat expectations. Simply Good Foods, which develops, markets and sells branded nutritional foods and snacking products, posted net sales of $296.6 million for the 13 weeks to February 25, 2023, slightly lower than the $296.7 million reported for the same period a year earlier but ahead of the $290.7 million expected by analysts surveyed by Zacks Investment Research.

Simply Good Foods reports 2Q earnings beat, but investors not convinced

Simply Goods Foods reports 2Q earnings beat, but investors not convinced

Simply Good Foods (SMPL) delivered earnings and revenue surprises of 6.67% and 2.03%, respectively, for the quarter ended February 2023. Do the numbers hold clues to what lies ahead for the stock?

Simply Good Foods (SMPL) Beats Q2 Earnings and Revenue Estimates

DENVER, April 05, 2023 (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 twenty-six weeks ended February 25, 2023.

The Simply Good Foods Company Reports Second Quarter 2023 Financial Results and Updates Full Fiscal Year 2023 Outlook

Can Simply Good Foods (SMPL) Keep the Earnings Surprise Streak Alive?

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The company's revenue growth should benefit from good demand for nutritional snacking products and the economic re-opening. Margins should improve from moderating inflation and price increases.

Simply Good Foods: Good Near And Long-Term Prospects

DENVER, March 15, 2023 (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 25, 2023, on Wednesday, April 5, 2023, 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 Joseph E. Scalzo, Chief Executive Officer, and Shaun P. Mara, Chief Financial Officer.

Simply Good Foods to Report Second Quarter Fiscal Year 2023 Financial Results on Wednesday April 5, 2023

Geoff Tanner Named President, COO and CEO Elect, Effective April 3, 2023;  to be Appointed CEO, Effective July 7, 2023

The Simply Good Foods Company Announces CEO Succession Plan

Quest Partners with World-Renowned Artist and DJ, Steve Aoki, to Bring Great Tasting, Athlete-Worthy Nutrition to Everyone DENVER , Jan. 24, 2023 /PRNewswire/ -- Quest™, part of The Simply Good Foods Company (Nasdaq: SMPL), is launching new Quest Cheese Crackers in Cheddar Blast, a seasoned crunchy cracker bursting with real cheese flavor, and delivering the kind of crunch consumers crave. With 10g of protein and 5g of net carbs per serving, Quest Cheese Crackers are a savory addition to the robust portfolio of Quest products, all grounded in the brand's mission of providing great taste, and athlete-worthy nutrition for everyone.

Quest™ Launches NEW Quest Cheese Crackers, A Protein-Forward Snack Made with Real Cheese

The Simply Good Foods Q1 23 results show 7% sales growth amidst headwinds and beat EPS expectations by $0.01 to reach $0.42 per share. We see solid fundamentals and healthy cash flow from operations. Quest and snack offerings are driving this company forward through sales and delivering continued product innovations.

The Simply Good Foods: Healthy And Yummier Carbs And Proteins

The Simply Good Foods Company (NASDAQ:SMPL ) Q1 2023 Earnings Conference Call January 5, 2023 8:30 AM ET Company Participants Mark Pogharian - Vice President-Investor Relations Joe Scalzo - President and Chief Executive Officer Shaun Mara - Chief Financial Officer Conference Call Participants Chris Growe - Stifel Cody Ross - UBS Alexia Howard - Bernstein Jason English - Goldman Sachs Pamela Kaufman - Morgan Stanley Brian Holland - Cowen and company John Baumgartner - Mizuho Operator Greetings and welcome to The Simply Good Foods Fiscal First Quarter 2023 Conference Call. At this time all participants are in a listen-only mode.

The Simply Good Foods Company (SMPL) Q1 2023 Earnings Call Transcript

Simply Good Foods (SMPL) delivered earnings and revenue surprises of 2.44% and 0.35%, respectively, for the quarter ended November 2022. Do the numbers hold clues to what lies ahead for the stock?

Simply Good Foods (SMPL) Beats Q1 Earnings Estimates

Simply Good Foods earnings edged lower. The nutrition company behind Atkins is trading in a healthy base.

Simply Good Foods Earnings Top Views With SMPL Stock Near Buy Point

Simply Good Foods Co. SMPL, +1.95% said Thursday it had net income of $35.9 million, or 36 cents a share, in its fiscal first quarter through Nov. 26, up from $21.2 million, or 22 cents a share, in the year-earlier period. Adjusted per-share earnings came to 42 cents, a penny ahead of the 41 cent FactSet consensus.

News for Simply Good Foods Stock (SMPL)