DENVER, June 27, 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 and thirty-nine weeks ended May 25, 2024. The Company completed the acquisition of Only What You Need, Inc. ("OWYN") on June 13, 2024, therefore, fiscal third quarter 2024 results exclude the performance of this brand. The reference to "legacy" Simpl ...

CharlieAJA Back in early April of 2023, I wrote an article discussing the investment worthiness of The Simply Good Foods Company (NASDAQ:SMPL). For those not familiar with the company, it is a consumer packaged food and beverage business that's focused on what it calls the nutritious snacking market. It sells a variety of offerings such as protein bars, ready to drink shakes, sweet and salty snacks, confectionery products, and more. At that time, I found the company interesting. The firm had a history of gr ...

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This nutritional foods company is expected to post quarterly earnings of $0.48 per share in its upcoming report, which represents a year-over-year change of +9.1%. The consensus EPS estimate for the quarter has been revised 0.41% lower over the last 30 days to the ...

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 ...

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 ...

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 ...

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 ...

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 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) 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 ...