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The Simply Good Foods Company Completes Acquisition of Only What You Need (OWYN)
Newsfilter· 2024-06-13 20:05
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. OWYN is the fastest growing1 RTD protein shake brand in the market and enhances Simply Good Foods' por ...
The Simply Good Foods Company Completes Acquisition of Only What You Need (OWYN)
GlobeNewswire News Room· 2024-06-13 20:05
Simply Good Foods funded the purchase price of $280 million, subject to certain customary post-closing purchase price adjustments and before transaction related fees, through a combination of cash on its balance sheet and incremental borrowings under its outstanding credit facility. The incremental $250 million term loan and the outstanding $240 million term loan balance will have an interest rate of SOFR plus a credit spread adjustment equal to 0.10% for one-month SOFR, 0.15% for up to three-month SOFR and ...
Simply Good Foods to Report Third Quarter Fiscal Year 2024 Financial Results on Thursday, June 27, 2024
Newsfilter· 2024-06-11 11:00
DENVER, June 11, 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 third quarter ended May 25, 2024, on Thursday, June 27, 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 c ...
The Simply Good Foods Company to Participate in the Goldman Sachs Global Staples Forum
Newsfilter· 2024-05-06 11:00
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 live audio webcast will be available at www.thesimplygoodfoodscompany.com within the Events and Presentations sectio ...
The Simply Good Foods pany(SMPL) - 2024 Q2 - Quarterly Report
2024-04-04 17:42
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________ FORM 10-Q _______________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended February 24, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number ...
The Simply Good Foods pany(SMPL) - 2024 Q2 - Earnings Call Transcript
2024-04-04 15:22
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. Bernstein Stephen Powers - Deutsche Bank Pamela Kaufman - Morgan Stanley James Salera - Stephens Inc. John Baumgartner - Mizuho Securities Kaumil Gajrawala - Jefferies Brian Holland - D.A. Davidson & Co. Jon Ander ...
Simply Good Foods (SMPL) Tops Q2 Earnings Estimates
Zacks Investment Research· 2024-04-04 13:20
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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.11%. A quarter ago, it was expected that this nutritional foods company would post earnings of $0.41 per share when it actually produced earnings of $0.43, delivering a surprise of 4.88%.Over the last four quar ...
The Simply Good Foods pany(SMPL) - 2024 Q2 - Earnings Call Presentation
2024-04-04 13:12
Second Quarter Fiscal Year 2024 Earnings Presentation 0 Forward Looking Statements Non-GAAP Financial Measures Third Party Marks 1 PRESIDENT AND CHIEF EXECUTIVE OFFICER Today's Speakers and Agenda Mark Pogharian VP, Investor Relations Agenda \ ▪ Financial Summary ▪ Fiscal Year 2024 Outlook ▪ Q&A 1 - Atkins measured channel POS off more than expected: ▪ Gross margin 37.4%, an increase of 280 bps versus last year primarily due to lower supply chain costs - Continue to expect solid gross margin expansion in 20 ...
The Simply Good Foods Company Reports Fiscal Second Quarter 2024 Financial Results and Updates Full Fiscal Year 2024 Net Sales and Adjusted EBITDA Outlook
Newsfilter· 2024-04-04 11:00
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. Second Quarter Summary:(1) Net sales of $312.2 million versus $296.6 millionNet income of $33.1 million versus $25.6 millionEarnings per diluted share ("EPS") of $0.33 versus $0.25Adjusted Diluted EPS(2) of $0.40 versu ...
Simply Good Foods to Report Second Quarter Fiscal Year 2024 Financial Results on Thursday, April 4, 2024
Newsfilter· 2024-03-18 11:00
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 o ...