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.

DENVER, Jan. 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 weeks ended November 26, 2022.

The Simply Good Foods Company Reports Fiscal First Quarter 2023 Financial Results and Reaffirms Full Fiscal Year 2023 Net Sales and Adjusted EBITDA Outlook

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.

Analysts Estimate Simply Good Foods (SMPL) to Report a Decline in Earnings: What to Look Out for

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These Are the 10 Biggest Companies Reporting Earnings in the First Week of Jan 2023

DENVER, Dec. 15, 2022 (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 first quarter ended November 26, 2022, on Thursday, January 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, President and Chief Executive Officer, and Shaun P. Mara, Chief Financial Officer.

Simply Good Foods to Report First Quarter Fiscal Year 2023 Financial Results on Thursday January 5, 2023

DENVER, Oct. 27, 2022 (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 Shaun Mara as Chief Financial Officer (“CFO”), effective October 27, 2022. Mara was previously CFO of Atkins Nutritionals, Inc. and Simply Good Foods from 2014 to August 2017. After the successful merger combination between Conyers Park Acquisition Corp. and Atkins Nutritionals, Inc., which created The Simply Good Foods Company in July 2017, Mara pursued other opportunities before returning to Simply Good Foods in June 2019, as Senior Vice President of Strategy and Business Development. In this role, Mara has led the Company's strategic planning initiatives and the integration team for the Quest acquisition. Mara will succeed Simply Good Foods' current CFO, Todd E. Cunfer, who has announced his resignation to pursue another executive leadership role at a company headquartered closer to his family. Cunfer will remain with the Company and assist with the transition of his responsibilities for a brief period.

The Simply Good Foods Company Announces Shaun Mara as Chief Financial Officer

The Simply Good Foods Company (NASDAQ:SMPL ) Q4 2022 Earnings Conference Call October 21, 2022 8:30 AM ET Company Participants Mark Pogharian – Vice President-Investor Relations Joe Scalzo – President and Chief Executive Officer Todd Cunfer – Chief Financial Officer Conference Call Participants Chris Growe – Stifel Steve Powers – Deutsche Bank Alexia Howard – Bernstein John Baumgartner – Mizuho Jason English – Goldman Sachs Pamela Kaufman – Morgan Stanley Cody Ross – UBS Jim Salera – Stephens Inc. Operator Greetings and welcome to The Simply Good Foods Company Fiscal Fourth Quarter 2022 Call. At this time all participants are in a listen-only mode.

The Simply Good Foods Company (SMPL) Q4 2022 Earnings Call Transcript

Simply Good Foods (SMPL) delivered earnings and revenue surprises of 24.14% and 5.62%, respectively, for the quarter ended August 2022. Do the numbers hold clues to what lies ahead for the stock?

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

DENVER, Oct. 21, 2022 (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 fifty-two weeks ended August 27, 2022.

The Simply Good Foods Company Reports Fiscal Fourth Quarter And Full Fiscal Year 2022 Financial Results and Provides Full Fiscal Year 2023 Outlook

DENVER, Oct. 13, 2022 (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 Conyers Park Sponsor, LLC (“Conyers Park Sponsor”), the Company's largest stockholder, distributed to its unitholders all of the shares of the Company's common stock previously held by Conyers Park Sponsor. Details of the distribution are as follows:

The Simply Good Foods Company Announces Conyers Park Share Distribution

DENVER, Oct. 05, 2022 (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 fourth quarter ended August 27, 2022 and full fiscal year 2022, on Friday, October 21, 2022, 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, President and Chief Executive Officer, and Todd Cunfer, Chief Financial Officer.

Simply Good Foods to Report Fourth Quarter and Full Fiscal Year 2022 Financial Results on Friday, October 21, 2022

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The Simply Good Foods Company (NASDAQ:SMPL ) Q3 2022 Earnings Conference Call June 30, 2022 8:30 AM ET Company Participants Mark Pogharian - Vice President of Investor Relations Joe Scalzo - President and Chief Executive Officer Todd Cunfer - Chief Financial Officer Conference Call Participants Chris Growe - Stifel Nicolaus Jason English - Goldman Sachs Jack Hardin - Stephens Alexia Howard - Bernstein John Baumgartner - Mizuho Securities Cody Ross - UBS Steve Powers - Deutsche Bank Eric Larson - Seaport Research Partners John Anderson - William Blair Pamela Kaufman - Morgan Stanley Operator Greetings, and welcome to The Simply Good Foods Company Fiscal Third Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

The Simply Good Foods Company (SMPL) CEO Joe Scalzo on Q3 2022 Results - Earnings Call Transcript

Simply Good Foods (SMPL) delivered earnings and revenue surprises of 25.71% and 8.60%, respectively, for the quarter ended May 2022. Do the numbers hold clues to what lies ahead for the stock?

Simply Good Foods (SMPL) Q3 Earnings and Revenues Surpass Estimates

Simply Good Foods Co (NASDAQ: SMPL) reported third-quarter FY22 sales growth of 11.5% year-on-year to $316.53 million, beating the consensus of $294.11 million. Gross profit was $118.6 million, with a gross margin contracting 510 basis points Y/Y to 37.5%.

Read How Simply Good Foods Performed In Q3

DENVER, June 30, 2022 (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 28, 2022.

The Simply Good Foods Company Reports Fiscal Third Quarter 2022 Financial Results

DENVER, June 16, 2022 (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 28, 2022, on Thursday, June 30, 2022, 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, President and Chief Executive Officer, and Todd Cunfer, Chief Financial Officer.

Simply Good Foods To Report Third Quarter Fiscal Year 2022 Financial Results On Thursday, June 30, 2022

Simply Good Foods (SMPL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Simply Good Foods (SMPL) Moves to Buy: Rationale Behind the Upgrade

Healthy consumer snacks and beverage company Simply Good Foods (NASDAQ: SMPL) stock has been performing relatively strong compared to the benchmark indices.

Simply Good Foods Stock is Simply Looking Good Down Here

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DENVER, April 29, 2022 (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 Staples Forum on Tuesday, May 17, 2022 at 8:55 a.m. ET.

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

Low Carb Lifestyle Brand Launches Ready-To-Drink Shakes in New, Plant-Based Packaging DENVER, April 21, 2022 /PRNewswire/ -- Atkins™, a nutritional snacking brand that is part of The Simply Good Foods Company (Nasdaq: SMPL) has announced the launch of their ready-to-drink shakes in a Tetra Pak® carton that uses 78 percent renewable, plant-based materials. The inner and outer polyethylene layers of the carton as well as the plant-based resealable cap are derived from sugarcane.

The Atkins™ Brand Reduces Climate Impact with Launch of New Tetra Pak® Carton with More Plant-Based Content

Simply Good Foods (SMPL) Upgraded to Buy: Here's Why

DENVER, April 13, 2022 (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 its Board of Directors has approved the addition of $50 million to its existing stock repurchase program, which was first adopted in November 2018. As of April 13, 2022, an aggregate of approximately $76.2 million is available under Company's stock repurchase authorization.

The Simply Good Foods Company Increases Share Repurchase Authorization

This is a stock that has solid underlying demand trends that should support a gradual climb. In the current market environment, owning a growing food company is simply a good idea.

Simply Good Foods Stock is a Healthy Defensive Play

Citi analyst Wendy Nicholson raised the price target on Simply Good Foods Co (NASDAQ: SMPL) to $48 from $46 (15% upside) and kept a Buy rating on the shares. Since Simply Good is 90% covered on ingredients, the likelihood of further downside of the already pressurized gross margin.

News for Simply Good Foods Stock (SMPL)