Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Simply Good Foods (SMPL) , which belongs to the Zacks Food - Confectionery industry.When looking at the last two reports, this nutritional foods company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 3.58%, on average, in the last two quarters.For the most recent quarter, Simply Good Foods was expected to po ...

Key PointsSimply Good Foods sells nutritional protein-based snacks and meals through its Atkins and Quest Nutrition brands.The GLP-1 medication weight-loss trend is driving up sales for Quest Nutrition protein bars and shakes.Nutritional snacking is a trend that can grow with the popularity of GLP-1 drugs to help mitigate muscle loss while cutting calories.5 stocks we like better than Simply Good FoodsThe Simply Good Foods Co. NASDAQ: SMPL is a maker of nutritional snacks under the Atkins and Quest Nutritio ...

Financial Data and Key Metrics Changes - Adjusted EBITDA for Q1 was $62 million, a 2% increase compared to the previous year, driven by higher gross profit offset by increased SG&A expenses due to marketing investments [87][129] - Net sales increased by 2.6% to $308.7 million, primarily due to volume growth, with North America and international sales rising by 2.6% and 0.7% respectively [101][93] - Gross margin for Q1 was 37.3%, a 40 basis point increase from the previous year, attributed to lower ingredient and packaging costs [93][129] Business Line Data and Key Metrics Changes - Quest's retail takeaway in Q1 saw a growth of 20%, with significant performance across all major forms and retail channels, indicating strong household penetration and buy rates [95][88] - Atkins' retail takeaway was similar to the previous quarter, with a 6% increase in the IRI MULO + C-store universe, while e-commerce sales for Atkins increased by 12% [97][98] - The nutritional snacking category grew by 12% in the measured channel, driven by volume growth, contrasting with the standard store's growth of 1% to 2% [122][110] Market Data and Key Metrics Changes - The nutritional snacking category continues to show resilience, with top-tier volume growth driven by health and wellness trends, particularly appealing to Gen X, Gen Z, and millennial consumers [99][110] - E-commerce strength contributed to a 14% increase in total unmeasured channel retail takeaway, although there was some softness in specialty channels [122][88] - The company anticipates that shipments and consumption will align by the end of Q2, reflecting a positive outlook for the upcoming quarters [120][101] Company Strategy and Development Direction - The company is focused on enhancing category management capabilities, increasing marketing investments, and bolstering innovation to support long-term growth [71][70] - The five-point revitalization plan for Atkins includes enhanced merchandising, new advertising, and a robust innovation funnel, aimed at improving marketplace performance [98][140] - The company is committed to working closely with retail partners to optimize category growth and find additional shelf space for new formats [127][80] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the Q1 results and reaffirmed the full-year fiscal 2024 outlook, anticipating net sales growth driven by volume at the high end of the long-term algorithm of 4% to 6% [94][132] - The company is optimistic about the long-term potential of both Quest and Atkins, with plans to capitalize on the growing nutritional snacking category [99][126] - Management noted that the critical period for evaluating performance will be January to March, coinciding with increased advertising and merchandising efforts [158][125] Other Important Information - The company has a strong cash position with $121.4 million in cash and generated $47.5 million in cash flow from operations in Q1, allowing for flexibility in capital allocation [131][121] - The company repaid $10 million of its term loan debt during the quarter, with an additional $25 million repaid post-quarter, reducing the outstanding principal balance to $250 million [131][121] Q&A Session Summary Question: What actions have been taken regarding the Atkins revitalization plan? - Management confirmed that they are not satisfied with Atkins' current performance and have implemented the five-point revitalization plan, which includes enhanced merchandising and new advertising [140][139] Question: How does the company view capital allocation options? - The company evaluates various options for cash allocation, including debt paydown, share repurchases, and potential M&A opportunities, with a strong focus on maximizing returns for shareholders [141][115] Question: What is the outlook for the nutritional snacking category? - Management highlighted that the nutritional snacking category has significant growth potential, driven by health trends and increasing consumer demand for protein-rich, low-carb, and low-sugar products [110][99]

About this content About Stephen Gunnion Stephen Gunnion is a senior financial journalist and broadcaster at Proactive Investors. He has more than 25 years of experience in television, radio and print media, anchoring on a number of television channels including South Africa's Business Day TV, CNBC Africa and the South African Broadcasting Corporation, where he was the economics editor. He has also worked for Daily Maverick, Bloomberg, the Business Day newspaper and Investors' Chronicle. Read more About ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.88%. A quarter ago, it was expected that this nutritional foods company would post earnings of $0.44 per share when it actually produced earnings of $0.45, delivering a surprise of 2.27%.Over the last four quar ...

DENVER, Jan. 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 November 25, 2023. First Quarter Summary:(1) Net sales of $308.7 million versus $300.9 millionNet income of $35.6 million versus $35.9 millionEarnings per diluted share ("EPS") of $0.35 versus $0.36Adjusted Diluted EPS(2) of $0.43 versus ...

[PART I. Financial Information](index=4&type=section&id=PART%20I.%20Financial%20Information) [Item 1. Financial Statements (Unaudited)](index=4&type=section&id=Item%201.%20Financial%20Statements%20(Unaudited)) This section presents the unaudited consolidated financial statements and accompanying notes for the quarter [Consolidated Balance Sheets](index=4&type=section&id=Consolidated%20Balance%20Sheets) **Consolidated Balance Sheets** | Metric (in thousands) | Nov 25, 2023 | Aug 26, 2023 | Change | % Change | | :-------------------- | :----------- | :----------- | :----- | :------- | | Cash | $121,391 | $87,715 | $33,676 | 38.39% | | Total current assets | $396,539 | $371,652 | $24,887 | 6.69% | | Total assets | $2,115,059 | $2,097,084 | $17,975 | 0.86% | | Total current liabilities | $78,989 | $89,857 | $(10,868)| -12.09% | | Total liabilities | $507,881 | $525,985 | $(18,104)| -3.44% | | Total stockholders' equity | $1,607,178 | $1,571,099 | $36,079 | 2.30% | [Consolidated Statements of Operations and Comprehensive Income](index=5&type=section&id=Consolidated%20Statements%20of%20Operations%20and%20Comprehensive%20Income) **Consolidated Statements of Operations and Comprehensive Income** | Metric (in thousands) | 13 Weeks Ended Nov 25, 2023 | 13 Weeks Ended Nov 26, 2022 | Change | % Change | | :-------------------- | :-------------------------- | :-------------------------- | :----- | :------- | | Net sales | $308,678 | $300,878 | $7,800 | 2.59% | | Cost of goods sold | $193,560 | $189,886 | $3,674 | 1.93% | | Gross profit | $115,118 | $110,992 | $4,126 | 3.72% | | Income from operations | $51,820 | $52,490 | $(670) | -1.28% | | Net income | $35,561 | $35,860 | $(299) | -0.83% | | Basic EPS | $0.36 | $0.36 | $0.00 | 0.00% | | Diluted EPS | $0.35 | $0.36 | $(0.01) | -2.78% | [Consolidated Statements of Cash Flows](index=6&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) **Consolidated Statements of Cash Flows** | Metric (in thousands) | 13 Weeks Ended Nov 25, 2023 | 13 Weeks Ended Nov 26, 2022 | Change | % Change | | :-------------------- | :-------------------------- | :-------------------------- | :----- | :------- | | Net cash provided by operating activities | $47,523 | $8,718 | $38,805 | 445.12% | | Net cash used in investing activities | $(800) | $(1,238) | $438 | -35.38% | | Net cash used in financing activities | $(13,103) | $(20,761) | $7,658 | -36.88% | | Net increase (decrease) in cash | $33,620 | $(13,281) | $46,901 | -353.14% | | Cash at end of period | $121,391 | $54,144 | $67,247 | 124.21% | [Consolidated Statements of Stockholders' Equity](index=8&type=section&id=Consolidated%20Statements%20of%20Stockholders'%20Equity) - Total stockholders' equity increased to **$1,607,178 thousand** from $1,571,099 thousand, driven by net income of **$35,561 thousand**[19](index=19&type=chunk) - The Company **did not repurchase any common stock** during the thirteen weeks ended November 25, 2023[19](index=19&type=chunk) [Notes to Unaudited Consolidated Financial Statements](index=9&type=section&id=Notes%20to%20Unaudited%20Consolidated%20Financial%20Statements) [1. Nature of Operations and Principles of Consolidation](index=9&type=section&id=1.%20Nature%20of%20Operations%20and%20Principles%20of%20Consolidation) - The Simply Good Foods Company is a consumer packaged food and beverage company marketing products under the **Quest® and Atkins®** brand names[20](index=20&type=chunk) - Quest® products target consumers seeking high protein, while Atkins® products cater to a low-carb lifestyle[21](index=21&type=chunk) - Products are distributed primarily in North America through major retail channels and e-commerce[21](index=21&type=chunk) [2. Summary of Significant Accounting Policies](index=9&type=section&id=2.%20Summary%20of%20Significant%20Accounting%20Policies) - The Company does not anticipate a material impact from the transition from LIBOR to SOFR[27](index=27&type=chunk)[28](index=28&type=chunk) - The Company is evaluating ASU 2023-07, which updates disclosure requirements for significant segment expenses[29](index=29&type=chunk) [3. Revenue Recognition](index=10&type=section&id=3.%20Revenue%20Recognition) **Net Sales by Brand and Geography** | (In thousands) | 13 Weeks Ended Nov 25, 2023 | 13 Weeks Ended Nov 26, 2022 | | :------------- | :-------------------------- | :-------------------------- | | **North America** | | | | Atkins | $119,498 | $131,745 | | Quest | $181,463 | $161,472 | | Total North America | $300,961 | $293,217 | | International | $7,717 | $7,661 | | **Total net sales** | **$308,678** | **$300,878** | - North America net sales **increased by 2.6%** year-over-year, driven by Quest brand growth which offset softness in Atkins[31](index=31&type=chunk) [4. Goodwill and Intangibles](index=11&type=section&id=4.%20Goodwill%20and%20Intangibles) - Goodwill remained stable at **$543.1 million** as of November 25, 2023, with no impairment charges[32](index=32&type=chunk) **Net Carrying Amount of Intangible Assets** | Intangible Asset (in thousands) | Nov 25, 2023 Net Carrying Amount | Aug 26, 2023 Net Carrying Amount | | :------------------------------ | :------------------------------- | :------------------------------- | | Brands and trademarks | $974,000 | $974,000 | | Customer relationships | $117,797 | $120,697 | | Licensing agreements | $11,023 | $11,502 | | Proprietary recipes and formulas | $619 | $869 | | Software and website development costs | $695 | $972 | | Intangible assets in progress | $184 | $79 | | **Total Intangible assets, net** | **$1,104,318** | **$1,108,119** | - Amortization expense for intangible assets was **$3.9 million** for the quarter, consistent with the prior year[33](index=33&type=chunk) [5. Long-Term Debt and Line of Credit](index=12&type=section&id=5.%20Long-Term%20Debt%20and%20Line%20of%20Credit) - The Company amended its Credit Agreement, reducing the interest rate on Initial Term Loans and extending maturity to March 17, 2027[39](index=39&type=chunk) - As of November 25, 2023, the Term Facility outstanding balance was **$275.0 million** with an effective interest rate of **8.0%**[45](index=45&type=chunk) - The Company was in compliance with all debt covenants as of November 25, 2023[44](index=44&type=chunk) [6. Fair Value of Financial Instruments](index=13&type=section&id=6.%20Fair%20Value%20of%20Financial%20Instruments) - The fair value of the Company's debt approximated its book value, with the Term Loan classified as Level 2 in the fair value hierarchy[47](index=47&type=chunk) [7. Income Taxes](index=13&type=section&id=7.%20Income%20Taxes) **Income Tax Provision** | Metric (in thousands) | 13 Weeks Ended Nov 25, 2023 | 13 Weeks Ended Nov 26, 2022 | | :-------------------- | :-------------------------- | :-------------------------- | | Income before income taxes | $47,108 | $45,556 | | Provision for income taxes | $11,547 | $9,696 | | Effective tax rate | 24.5% | 21.3% | - The effective tax rate **increased by 3.2%** year-over-year, primarily due to permanent differences[51](index=51&type=chunk) [8. Leases](index=14&type=section&id=8.%20Leases) **Lease Costs** | Lease Cost (in thousands) | 13 Weeks Ended Nov 25, 2023 | 13 Weeks Ended Nov 26, 2022 | | :------------------------ | :-------------------------- | :-------------------------- | | Total operating lease cost | $3,055 | $2,990 | | Total finance lease cost | $54 | $73 | | **Total lease cost** | **$3,109** | **$3,063** | **Lease Liabilities** | Lease Liabilities (in thousands) | Nov 25, 2023 | Aug 26, 2023 | | :------------------------------- | :----------- | :----------- | | Current operating lease liabilities | $7,724 | $7,566 | | Long-term operating lease liabilities | $35,306 | $37,272 | | Current finance lease liabilities | $83 | $143 | | **Total lease liabilities** | **$43,113** | **$44,981** | - The weighted-average remaining lease term for operating leases was **6.08 years** and for finance leases was **0.37 years**[53](index=53&type=chunk) [9. Commitments and Contingencies](index=15&type=section&id=9.%20Commitments%20and%20Contingencies) - The Company is not a party to any material litigation that could adversely affect its business[54](index=54&type=chunk) - Future payments of **$2.9 million** are required over the next year for endorsement contracts[55](index=55&type=chunk) [10. Stockholders' Equity](index=15&type=section&id=10.%20Stockholders'%20Equity) - The Company has approximately **$71.5 million** remaining available under its **$150.0 million** stock repurchase program[56](index=56&type=chunk)[57](index=57&type=chunk) - **No shares were repurchased** during the quarter, compared to 546,346 shares for $16.4 million in the prior year period[57](index=57&type=chunk) [11. Earnings Per Share](index=16&type=section&id=11.%20Earnings%20Per%20Share) **Earnings Per Share** | EPS Metric | 13 Weeks Ended Nov 25, 2023 | 13 Weeks Ended Nov 26, 2022 | | :--------- | :-------------------------- | :-------------------------- | | Basic EPS | $0.36 | $0.36 | | Diluted EPS | $0.35 | $0.36 | - Diluted EPS decreased slightly to **$0.35** from $0.36 year-over-year, as weighted average diluted shares outstanding increased[59](index=59&type=chunk) [12. Omnibus Incentive Plan](index=16&type=section&id=12.%20Omnibus%20Incentive%20Plan) - Stock-based compensation expense increased to **$4.2 million** for the quarter from $3.3 million in the prior year period[62](index=62&type=chunk) - Unrecognized compensation cost for stock options, RSUs, and PSUs totaled **$28.0 million** as of November 25, 2023[63](index=63&type=chunk)[64](index=64&type=chunk)[66](index=66&type=chunk) - The Company granted **194,353 restricted stock units** and **178,788 performance stock units** during the quarter[64](index=64&type=chunk)[66](index=66&type=chunk) [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=19&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses financial performance, highlighting Quest brand growth, margin expansion, and non-GAAP measure reconciliations [Overview](index=19&type=section&id=Overview) - The Company aims to lead the nutritious snacking movement with its Quest® and Atkins® brands[73](index=73&type=chunk) - The Company's strategy focuses on innovation, organic growth, and potential acquisitions in the nutritional snacking space[73](index=73&type=chunk) [Business Trends](index=19&type=section&id=Business%20Trends) - Business performance improved due to strong Quest sales volume growth offsetting Atkins softness[76](index=76&type=chunk) - The Company benefited from lower ingredient and packaging costs, leading to gross margin expansion[76](index=76&type=chunk) - Management continues to monitor supply chain dynamics and consumer behavior amid potential economic risks[77](index=77&type=chunk) [Key Financial Definitions](index=20&type=section&id=Key%20Financial%20Definitions) - Net sales are defined as product sales less promotional activities and other sales credits[78](index=78&type=chunk) - Cost of goods sold includes costs paid to contract manufacturers for ingredients, packaging, and logistics[79](index=79&type=chunk) - Operating expenses comprise selling and marketing, G&A, and depreciation and amortization[80](index=80&type=chunk) [Results of Operations](index=20&type=section&id=Results%20of%20Operations) **Key Operating Metrics** | Metric (in thousands) | 13 Weeks Ended Nov 25, 2023 | 13 Weeks Ended Nov 26, 2022 | Change | % Change | | :-------------------- | :-------------------------- | :-------------------------- | :----- | :------- | | Net sales | $308,678 | $300,878 | $7,800 | 2.59% | | Gross profit | $115,118 | $110,992 | $4,126 | 3.72% | | Gross profit margin | 37.3% | 36.9% | 0.4% pts | | | Income from operations | $51,820 | $52,490 | $(670) | -1.28% | | Net income | $35,561 | $35,860 | $(299) | -0.83% | | Adjusted EBITDA | $61,965 | $60,766 | $1,199 | 1.97% | - The increase in gross profit margin was primarily driven by **lower ingredient and packaging costs**[85](index=85&type=chunk) - Operating expenses **increased by $4.8 million**, or 8.2%, due to higher selling, marketing, and G&A expenses[86](index=86&type=chunk)[90](index=90&type=chunk) [Reconciliation of EBITDA and Adjusted EBITDA](index=22&type=section&id=Reconciliation%20of%20EBITDA%20and%20Adjusted%20EBITDA) - EBITDA and Adjusted EBITDA are non-GAAP measures used to evaluate operating performance[92](index=92&type=chunk) **Reconciliation of Net Income to Adjusted EBITDA** | Metric (in thousands) | 13 Weeks Ended Nov 25, 2023 | 13 Weeks Ended Nov 26, 2022 | | :-------------------- | :-------------------------- | :-------------------------- | | Net income | $35,561 | $35,860 | | Interest income | $(1,090) | $(7) | | Interest expense | $6,034 | $7,055 | | Income tax expense | $11,547 | $9,696 | | Depreciation and amortization | $5,605 | $4,952 | | **EBITDA** | **$57,657** | **$57,556** | | Stock-based compensation expense | $4,168 | $3,313 | | Executive transition costs | $366 | $0 | | Other | $(226) | $(103) | | **Adjusted EBITDA** | **$61,965** | **$60,766** | [Liquidity and Capital Resources](index=24&type=section&id=Liquidity%20and%20Capital%20Resources) - The Company had **$121.4 million in cash** and believes its liquidity is sufficient for the next twelve months[96](index=96&type=chunk) - Principal uses of cash include working capital, debt service, stock repurchases, and acquisitions[95](index=95&type=chunk) **Summary of Cash Flow Activities** | Cash Flow Activity (in thousands) | 13 Weeks Ended Nov 25, 2023 | 13 Weeks Ended Nov 26, 2022 | | :-------------------------------- | :-------------------------- | :-------------------------- | | Net cash provided by operating activities | $47,523 | $8,718 | | Net cash used in investing activities | $(800) | $(1,238) | | Net cash used in financing activities | $(13,103) | $(20,761) | - The significant increase in cash from operating activities was primarily due to favorable changes in working capital[111](index=111&type=chunk) - Financing activities included **$10.0 million in principal payments** on the Term Facility and **$3.6 million in tax payments** related to stock units[114](index=114&type=chunk) [New Accounting Pronouncements](index=26&type=section&id=New%20Accounting%20Pronouncements) - The Company refers to Note 2 of its financial statements for information on recently issued accounting standards[115](index=115&type=chunk) [Item 3. Quantitative and Qualitative Disclosures about Market Risk](index=27&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20about%20Market%20Risk) This section states there were no material changes in the Company's market risk exposure during the quarter - No material changes in market risk exposure occurred during the thirteen weeks ended November 25, 2023[117](index=117&type=chunk) [Item 4. Controls and Procedures](index=27&type=section&id=Item%204.%20Controls%20and%20Procedures) Management confirms the effectiveness of disclosure controls with no material changes in internal controls - The CEO and CFO concluded that the Company's disclosure controls and procedures were **effective** as of November 25, 2023[119](index=119&type=chunk) - There were **no material changes** in internal controls over financial reporting during the quarter[120](index=120&type=chunk) - The Company acknowledges the inherent limitations of internal control systems, which provide reasonable assurance[121](index=121&type=chunk) [PART II. Other Information](index=28&type=section&id=PART%20II.%20Other%20Information) [Item 1. Legal Proceedings](index=28&type=section&id=Item%201.%20Legal%20Proceedings) The Company is not involved in any material legal proceedings that could adversely affect its business - The Company is not a party to any material litigation and is unaware of any that could materially affect its business[124](index=124&type=chunk) [Item 1A. Risk Factors](index=28&type=section&id=Item%201A.%20Risk%20Factors) This section indicates no material changes to the risk factors previously disclosed in the Annual Report - There have been **no material changes** to the risk factors included in the Company's Annual Report[125](index=125&type=chunk) [Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](index=28&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) There were no unregistered sales of equity securities or use of proceeds to report for the period - No unregistered sales of equity securities or use of proceeds were reported[126](index=126&type=chunk) [Item 3. Defaults Upon Senior Securities](index=28&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) The Company reported no defaults upon senior securities during the period - No defaults upon senior securities were reported[127](index=127&type=chunk) [Item 4. Mine Safety Disclosures](index=28&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This item is not applicable to the Company - Mine Safety Disclosures are not applicable to the Company[128](index=128&type=chunk) [Item 5. Other Information](index=28&type=section&id=Item%205.%20Other%20Information) No directors or officers adopted or terminated Rule 10b5-1 trading arrangements during the quarter - No directors or officers adopted or terminated Rule 10b5-1 or non-Rule 10b5-1 trading arrangements during the quarter[129](index=129&type=chunk) [Item 6. Exhibits](index=29&type=section&id=Item%206.%20Exhibits) This section lists the exhibits filed with the Form 10-Q, including officer certifications and XBRL documents - Exhibits include certifications (31.1, 31.2, 32.1) and XBRL documents (101.INS, 101.SCH, 101.CAL, 101.DEF, 101.LAB, 101.PRE, 104)[131](index=131&type=chunk) [Signatures](index=30&type=section&id=Signatures) The report is duly signed by the Vice President, Controller, and Chief Accounting Officer on January 4, 2024 - The report was signed by Timothy A. Matthews, Vice President, Controller, and Chief Accounting Officer, on January 4, 2024[136](index=136&type=chunk)

The Simply Good Foods Company (NASDAQ:SMPL) Q4 2023 Results Conference Call October 24, 2023 8:30 AM ET Company Participants Mark Pogharian - Vice President of Investor Relations Geoff Tanner - CEO, President & Director Shaun Mara - Chief Financial Officer Conference Call Participants John Baumgartner - Mizuho Securities Jason English - Goldman Sachs Pamela Kaufman - Morgan Stanley Matt Smith - Stifel Jim Salera - Stephens Inc Jon Andersen - William Blair Rob Dickerson - Jefferies Matt McGinley - Needham & ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________ FORM 10-K _______________________________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended August 26, 2023 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 __ ...

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 ...