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.

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.

Read How Analysts Reacted To Simply Good Foods' Q2 Results

The Simply Good Foods Com. ( SMPL , Financial) saw its share price rise early on Wednesday following the release of financial results for the 13 and 26 weeks ended Feb. 26 that could be described as, appropriately, simply good.

Simply Good's Sales, Earnings Are Simply Good

The Simply Good Foods Company (SMPL) CEO Joe Scalzo on Q2 2022 Results - Earnings Call Transcript

DENVER, April 06, 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 twenty-six weeks ended February 26, 2022.

The Simply Good Foods Company Reports Fiscal Second Quarter 2022 Financial Results and Updates Full Fiscal Year 2022 Outlook

Los Courage Camps, Art in the Paint, Create Now, and Black People Will Swim each received a $20,000 grant to help further their quests and create a positive impact in their local communities in Los Angeles, Atlanta, New York, and beyond. DENVER , March 29, 2022 /PRNewswire/ -- Quest®, part of The Simply Good Foods Company (Nasdaq: SMPL), announced today the first Quest® Rookie Challenge with recipients: Los Courage Camps, Art in the Paint, Create Now, and Black People Will Swim.

QUEST® ANNOUNCES RECIPIENTS OF THE FIRST QUEST® ROOKIE CHALLENGE GRANTS, AWARDING $80,000 TO HELP SUPPORT LOCAL COMMUNITIES

DENVER, March 18, 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 second quarter ended February 26, 2022, on Wednesday, April 6, 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 Second Quarter Fiscal Year 2022 Financial Results on Wednesday, April 6, 2022

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Simply Good Foods Co. Makes A Simply Good Stock Investment

● Reprice of existing $431.5 million Term Loan B; no change to maturity date ● Reduction of Applicable Margin on Term Loan interest rate by 50 basis points (0.50%) to 3.25% ● Secured overnight financing rate (“SOFR”) floor of 0.50% from LIBOR floor of 1.00%

The Simply Good Foods Company Announces Lender Commitments Received to Reprice Its Existing Term Loan

DENVER, Jan. 10, 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 Conyers Park Acquisition Corp. (“Conyers Park”), exercised their 6.7 million private placement warrants that were set to expire in July 2022 to acquire shares of the Company's common stock.

The Simply Good Foods Company Announces Exercise of Private Warrants by Conyers Park

The Simply Good Foods Company's (SMPL) CEO Joe Scalzo on Q1 2022 Results - Earnings Call Transcript

Simply Good Foods (SMPL) delivered earnings and revenue surprises of 22.86% and 5.79%, respectively, for the quarter ended November 2021. Do the numbers hold clues to what lies ahead for the stock?

Simply Good Foods (SMPL) Beats Q1 Earnings and Revenue Estimates

Simply Good Foods Co (NASDAQ: SMPL) reported first-quarter FY22 sales of $281.26 million, up 21.7% year-on-year, beating the consensus of $265.44 million. The increase in revenue was driven by improving consumer mobility and shopper traffic versus the year-ago period.

Simply Good Foods Q1 Earnings Top Street View; Warns On Gross Margin Pressure

Simply Good Foods Co. SMPL, +0.64% stock rose 2.1% in Wednesday premarket trading after the company beat quarterly expectations and raised its outlook. Net income totaled $21.1 million, or 22 cents per share, down from $42.9 million, or 23 cents per share, the prior year.

Simply Good Foods raises full-year sales guidance

DENVER, Jan. 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 reported financial results for the thirteen weeks ended November 27, 2021.

The Simply Good Foods Company Reports Fiscal First Quarter 2022 Financial Results and Updates Full Fiscal Year 2022 Outlook

On Monday, Simply Good Foods Co. (NASDAQ:SMPL) shares edged slightly lower ahead of its upcoming FQ1 results. The company's shares surged more than 15% last month, leaving little room to run at the start of the new year.

Is it too late to buy Simply Good Foods shares after spiking 15% in December?

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Stifel analyst Christopher Growe upgraded Simply Good Foods Co (NASDAQ:SMPL) to Buy from Hold with a price target of $42, up from $38, implying an 8.5% upside. The analyst sees potential for an acceleration in the company's long-term growth driven by the growth in new users and increased household penetration.

Stifel Turns Bullish On This Food Company

The Simply Good Foods Company's (SMPL) CEO Joe Scalzo on Q4 2021 Results - Earnings Call Transcript

On Friday, the Simply Good Foods Co. (NASDAQ:SMPL) stock spiked nearly 7% after announcing solid fiscal third-quarter results. The company reported its most recent quarterly revenue and earnings before markets opened, surpassing analyst expectations.

Simply Good Foods stock prediction as FQ3 results exceed expectations

Simply Good Foods Co (NASDAQ: SMPL) reported fourth-quarter FY21 sales growth of 16.9% year-on-year, to $259.85 million, beating the analyst consensus of $255.42 million. "Fourth quarter fiscal 2021 net sales growth was driven by increasing household penetration, improving shopper trips and greater consumer mobility versus the year ago period," said CEO Joseph E.

Simply Good Foods Q4 Earnings Top Estimates

DENVER, Oct. 22, 2021 (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 28, 2021. The Company's fiscal fourth quarter 2021 and full year results include Quest results for the full period. The Company's fiscal fourth quarter 2020 results include thirteen weeks of Quest and about forty-two weeks for the prior year.

The Simply Good Foods Company Reports Fiscal Fourth Quarter And Full Fiscal Year 2021 Financial Results and Provides Full Year 2022 Outlook

DENVER, Oct. 12, 2021 /PRNewswire/ -- Atkins® brand, part of The Simply Good Foods Company (Nasdaq: SMPL) is kicking off a five-week campaign that celebrates small wins – the simple steps or attainable goals that can help people improve overall health and wellness. This campaign will be hosted on Atkins' Instagram page @AtkinsNutritionals and will feature weekly challenges where consumers can participate and win prizes each week.

Atkins® Brand Launches #AtkinsSmallWins Campaign To Empower People to Celebrate Small Wins and Live Healthy Lives

DENVER, Oct. 6, 2021 /PRNewswire/ -- Quest Nutrition, part of The Simply Good Foods Company (Nasdaq: SMPL), is launching its first national TV campaign, celebrating individuals on their own personal quests. The flight of ads highlights the stories of four rookies, along with favorite and new Quest products, that embody the brand mission of delivering athlete-worthy nutrition in foods consumers crave, while supporting individuals on their personal quests.

Quest® Brand Launches First National TV Campaign to Empower People on Their Personal Quests

Simply Good Foods (SMPL) has been struggling lately, but the selling pressure may be coming to an end soon.

News for Simply Good Foods Stock (SMPL)