The Simply Good Foods Company (NASDAQ:SMPL) Q3 2023 Earnings Conference Call June 29, 2023 9:00 AM ET Company Participants Mark Pogharian - Vice President of Investor Relations Joe Scalzo - President & Chief Executive Officer Geoff Tanner - President, Chief Operating Officer & Chief Executive Officer Elect Shaun Mara - Chief Financial Officer Conference Call Participants Matt Smith - Stifel John Baumgartner - Mizuho Securities Pamela Kaufman - Morgan Stanley Rob Dickerson - Jefferies Jason English - Goldman ...

FORM 10-Q _______________________________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 27, 2023 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: 001 ...

The Simply Good Foods Company (NASDAQ:SMPL) Q2 2023 Earnings Conference Call April 5, 2023 8:30 AM ET Company Participants Mark Pogharian - Vice President, Investor Relations Joe Scalzo - President and Chief Executive Officer Geoff Tanner - President, COO, and CEO Elect Shaun Mara - Chief Financial Officer Conference Call Participants Cody Ross - UBS Steve Powers - Deutsche Bank Alexia Howard - Bernstein John Baumgartner - Mizuho Securities Pamela Kaufman - Morgan Stanley Rob Dickerson - Jefferies Operator ...

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 25, 2023 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) Q1 2023 Earnings Conference Call January 5, 2023 8:30 AM ET Company Participants Mark Pogharian - Vice President, Investor Relations Joe Scalzo - President and Chief Executive Officer Shaun Mara - Chief Financial Officer Conference Call Participants Chris Growe - Stifel Cody Ross - UBS Alexia Howard - Bernstein Jason English - Goldman Sachs Pamela Kaufman - Morgan Stanley Brian Holland - Cowen and company John Baumgartner - Mizuho Operator Greetings and welcome to ...

1 ▪ Atkins Q1 POS growth in combined measured and unmeasured channels increased about 4% as strong e-commerce growth outperformed flat measured channels - Retail takeaway at Amazon increased about 75% versus last year - Total unmeasured channel retail takeaway increased more than 40% ▪ In Q1, new buyer growth increased as post pandemic work trends improved - Buy rate slightly down but improving. Strength in meal replacement bars and shakes offset by snack bars and confections that lapped strong pandemic con ...

Financial Performance - Net sales for the thirteen weeks ended November 26, 2022, increased by $19.6 million, or 7.0%, to $300.9 million compared to the same period in 2021, driven by price increases and e-commerce sales growth [90]. - Gross profit decreased by $5.6 million, or 4.8%, to $111.0 million, resulting in a gross profit margin of 36.9%, down from 41.4% in the prior year [92]. - Net income for the thirteen weeks ended November 26, 2022, was $35.9 million, representing an increase of $14.7 million, or 69.5%, compared to $21.2 million in the prior year [90]. - Adjusted EBITDA for the thirteen weeks ended November 26, 2022, was $60.8 million, or 20.2% of net sales, compared to $65.6 million, or 23.3% of net sales, in the prior year [90]. - Adjusted EBITDA decreased by $4.8 million, or 7.4%, to $60.8 million for the thirteen weeks ended November 26, 2022, compared to $65.6 million for the same period in 2021 [98][100]. Costs and Expenses - Cost of goods sold rose by $25.2 million, or 15.3%, to $189.9 million for the thirteen weeks ended November 26, 2022, primarily due to higher raw material and co-manufacturing costs [91]. - Operating expenses remained flat at approximately $58.5 million for the thirteen weeks ended November 26, 2022, compared to the same period in 2021 [93]. - Selling and marketing expenses decreased by $2.0 million, or 6.5%, for the thirteen weeks ended November 26, 2022, primarily due to timing of marketing spend [98]. - General and administrative expenses increased by $1.9 million, or 8.2%, for the thirteen weeks ended November 26, 2022, mainly due to a $0.7 million increase in stock-based compensation [98]. Cash Flow and Financing - Cash provided by operating activities increased by $16.0 million to $8.7 million for the thirteen weeks ended November 26, 2022, compared to cash used of $7.3 million for the same period in 2021 [113]. - The outstanding balance of the Term Facility was $400.0 million as of November 26, 2022, with no principal payments required over the next twelve months [110]. - Net cash used in financing activities was $20.8 million for the thirteen weeks ended November 26, 2022, compared to $28.0 million for the same period in 2021 [115]. - The company had $54.1 million in cash as of November 26, 2022, sufficient to finance operations and growth strategy for at least the next twelve months [102]. Stock Repurchase - During the thirteen weeks ended November 26, 2022, the company repurchased 546,346 shares of common stock for $16.4 million, averaging a purchase price of $30.11 per share [111]. - As of November 26, 2022, approximately $71.5 million remained available for repurchases under the $150.0 million stock repurchase program [112]. Market Conditions and Outlook - The company expects inflationary cost pressures and supply chain challenges to continue for the remainder of fiscal year 2023 [81]. - The company continues to monitor macroeconomic conditions, including inflation and supply chain disruptions, which may impact consumer behavior and demand [80]. - The company expects to face logistics challenges and higher raw material costs in fiscal year 2023 [118]. - Price increases were instituted in the first and fourth quarters of fiscal year 2022 to mitigate rising costs [118]. - There is uncertainty whether the price increases will fully offset the effects of higher raw material and supply chain costs on financial results [118]. Sales Performance - North America net sales increased by 7.8% for the thirteen weeks ended November 26, 2022, while international business saw a decline of 16.5% [90]. - Interest expense increased to $7.1 million for the thirteen weeks ended November 26, 2022, from $6.4 million in the prior year, primarily due to rising interest rates [93].

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 G ...

Fourth Quarter and Full Fiscal Year 2022 Earnings Conference Call & Webcast Presentation October 21, 2022 Disclaimer Forward Looking Statements Certain statements made herein are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by or include words such as "will", "expect", "intends" or other similar words, phrases or expressions. These forward-loo ...

FORM 10-K _______________________________________________________ (Mark One) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended August 27, 2022 OR ☐ 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: 001-38115 __ ...