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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Campaign Encourages Snackers to Unlock the Power of "Cheating" with Quest DENVER , March 6, 2024 /PRNewswire/ -- The Quest™ brand, part of the Simply Good Foods Company (Nasdaq: SMPL), announced the launch of its new brand campaign "It's Basically Cheating" today. The campaign features Academy Award® and Emmy®-nominated writer, actor and comedian Kumail Nanjiani in an unexpected and satirical series of spots where he cheats at weightlifting, kayaking, and ice skating.

QUEST™ PARTNERS WITH ACTOR/COMEDIAN KUMAIL NANJIANI TO LAUNCH "IT'S BASICALLY CHEATING" CAMPAIGN

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Stocks like Post Holdings (POST), Lancaster Colony (LANC), Lamb Weston (LW), Tyson Foods (TSN) and The Simply Good Foods Company (SMPL) are likely to benefit from the jump in online grocery sales.

5 Solid Stocks to Buy on Jump in Online Grocery Sales

Simply Good Foods is well-positioned to benefit from industry tailwinds, such as food away from home consumption, growing health awareness, and snacking trends. SMPL's asset-light model allows for increased marketing spend, which is crucial for consumer-facing differentiation and winning market share. The turnaround efforts for the Atkins brand and the growing awareness marketing campaign for Quest are expected to drive growth for SMPL.

Simply Good Foods: Several Industry Tailwinds To Drive Growth

The Simply Good Foods Co. NASDAQ: SMPL is a maker of nutritional snacks under the Atkins and Quest Nutrition brands and a member of the Consumer Staples sector. The popularity of GLP-1 weight-loss medications like Semaglutide drug Ozempic and Wegovy made by Novo Nordisk A/S NYSE: NVO and Eli Lilly & Co. NYSE: LLY Tarazepide drug Mounjaro and Zepbound has caused a global trend.

Can Simply Good Foods ride the GLP-1 weight loss trend in 2024?

The Simply Good Foods Company (SMPL) Q1 2024 Earnings Call Transcript

The Simply Good Foods Company (NASDAQ:SMPL) reported first-quarter earnings that beat expectations despite a revenue miss and reaffirmed its full-year outlook, sending its shares higher in early Thursday trade. The nutritional foods and snacking products provider posted a 2.6% increase in sales to $308.7 million, just shy of analysts' consensus estimates of $309.2 million.

Simply Good Foods stock rises on 1Q earnings beat; FY guidance affirmation

Simply Good Foods (SMPL) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.42 per share a year ago.

Simply Good Foods (SMPL) Tops Q1 Earnings Estimates

The first earnings calendar in 2024 has a few interesting names on the docket, including Lamb Weston and top performer RPM.

Fast-Growing Lamb Weston Highlights Latest Earnings Calendar, Along With RPM, Simply Good Foods

DENVER, Dec. 14, 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 first quarter ended November 25, 2023, on Thursday, January 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.

Simply Good Foods To Report First Quarter Fiscal Year 2024 Financial Results On Thursday, January 4, 2024

Nutritional food and snacks producer The Simply Good Foods Co. NASDAQ: SMPL has seen its shares rocket higher on the weight-loss medication trend led by Ozempic, Novo Nordisk A/S NYSE: NVO Semaglutide drug. Simply Good is a member of the Consumer Staples sector.

Simply Good Foods: Winner in the Ozempic Weight-Loss Trend

Simply Good Foods (SMPL) posts higher sales for the fourth quarter of fiscal 2023 on increased sales across both segments.

Simply Good Foods (SMPL) Earnings Beat in Q4, Sales Rise Y/Y

The Simply Good Foods Company (SMPL) Q4 2023 Earnings Call Transcript

Simply Good Foods Co shares climbed 7% to $34.72 in midday trading on Tuesday after the nutritional foods and snacking products provider reported fourth-quarter 2023 adjusted earnings per share (EPS) of $0.45, up from $0.36 a year ago and better than the Zacks consensus estimate of $0.44.  The company's revenue for the period rose 17% year-over-year to $320.42 million, which also edged past expectations.

Simply Good Foods stock higher on 4Q beat; solid guidance

Simply Good Foods (SMPL) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.36 per share a year ago.

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

DENVER, Colo., Oct. 24, 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 fifty-two weeks ended August 26, 2023.

The Simply Good Foods Company Reports Fiscal Fourth Quarter and Full Fiscal Year 2023 Financial Results and Provides Full Fiscal Year 2024 Outlook

Simply Good Foods' (SMPL) fourth-quarter fiscal 2023 results are likely to reflect gains from brand-building initiatives and cost-controlling efforts.

Simply Good Foods (SMPL) Q4 Earnings Coming Up: What to Expect

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: What to Know Ahead of Next Week's Release

SMPL's revenue has grown incredibly well, with a CAGR of +12% during the last decade. EBITDA has exceeded this, with a CAGR of +15%. The company has achieved good organic growth through its focus on healthy premium products. Consumers increasingly care about the content of their foods and how it impacts their lifestyle. We see this as a long-term growth trend, with products such as those that are high in protein expected to outgrow the wider packaged food industry.

Simply Good Foods: Positioned Exceptionally For The Nutritional Revolution

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Bernstein analysts set out to determine that, analyzing online data to better understand changes in eating habits — and to evaluate which food companies may be most affected. They published the results in a report Friday.

What exactly are patients taking new weight-loss drugs eating and what are they avoiding? Bernstein asked them.

The consensus price target hints at a 25.6% upside potential for Simply Good Foods (SMPL). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Does Simply Good Foods (SMPL) Have the Potential to Rally 25.56% as Wall Street Analysts Expect?

Simply Good Foods faced margin pressures and slowing revenue growth due to inflationary headwinds and higher input costs. We believe Q4 is likely to be better as a result of positive data from Nielsen, and the gross margin is likely to improve due to moderating input cost inflation. The stock is undervalued compared to peers, and the company's long-term prospects in the active nutrition category support a Buy rating.

Simply Good Foods: Poised For Growth, Initiate At Buy

DENVER, Sept. 26, 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 fourth quarter and full fiscal year ended August 26, 2023, on Tuesday, October 24, 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 Geoff Tanner, President and Chief Executive Officer, and Shaun Mara, Chief Financial Officer.

Simply Good Foods to Report Fourth Quarter and Full Fiscal Year 2023 Financial Results on Tuesday, October 24, 2023

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) is Poised to Beat Earnings Estimates Again

The company's revenue growth is expected to benefit from volume recovery and better sell-in and sell-out alignment. The company's volume is expected to recover sequentially as comparisons ease. Margins are expected to recover as inflation moderates and the company sees improved sales leverage and volume growth.

Simply Good Foods: Near-Term Challenges Are Fading

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.

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