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Jennifer Garner’s Once Upon a Farm Rises 17% After $198 Million IPO
Yahoo Finance· 2026-02-06 21:13
Once Upon a Farm PBC, the organic kids snacks maker co-founded by actress Jennifer Garner, jumped 17% in its trading debut Friday after the company and some of its investors raised $197.9 million in an initial public offering. The stock closed at $21.05 per share in New York, above its IPO price of $18. Shares rose as much as 22% to $22 apiece earlier in the session. The closing price gives the company a market value of $847 million, based on the outstanding shares. Most Read from Bloomberg Berkeley, C ...
Benchmark Sees Q1 Same-Store Sales Inflection for Dave & Buster’s Entertainment, Inc. (PLAY)
Yahoo Finance· 2026-01-26 01:19
We recently compiled a list of the 12 Cheap Small-Cap Stocks to Invest In Before the Next Breakout. Dave & Buster’s Entertainment, Inc. stands fourth on our list of best small-cap stocks. TheFly reported on January 16 that Benchmark upgraded PLAY from Hold to Buy with a $30 price target. The firm cited a “credible setup” for positive same-store sales in Q1, which would mark the first such inflection in roughly 13 quarters. Benchmark’s conviction is supported by improving food and beverage execution and in ...
The Simply Good Foods Company Reports CEO Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
Globenewswire· 2026-01-23 13:00
DENVER, Jan. 23, 2026 (GLOBE NEWSWIRE) -- On January 20, 2026, The Simply Good Foods Company (NASDAQ: SMPL) (“Simply Good Foods” or the “Company”) announced that Joseph E. Scalzo joined the Company in the role of President and Chief Executive Officer, effective January 19, 2026. Pursuant to the terms of his employment agreement, on January 19, 2026 and in connection with Mr. Scalzo’s appointment, the Company granted to Mr. Scalzo an option to purchase 2,000,000 shares of the Company's common stock, with an ...
Investor Notice: Firm Robbins LLP Informs Investors of the BellRing Brands, Inc. Securities Class Action
Businesswire· 2026-01-22 23:19
Core Viewpoint - Robbins LLP has initiated a class action lawsuit on behalf of investors who purchased BellRing Brands, Inc. securities, alleging that the company misled investors regarding its sales performance during a specified period [1][2]. Group 1: Allegations and Misleading Information - The lawsuit claims that BellRing Brands did not disclose that its strong sales figures were due to customers accumulating excess inventory rather than increased consumer demand [2]. - It is alleged that once customers felt secure about product availability, they began to reduce their inventory, leading to a decline in new orders [2]. - The company later acknowledged that competitive pressures were significantly weakening demand for its products [2]. Group 2: Financial Performance and Market Reaction - On August 4, 2025, BellRing reported disappointing fiscal Q3 2025 results, narrowing its sales outlook for the fiscal year to a range of $2.28 billion to $2.32 billion [3]. - Following this announcement, BellRing's stock price fell by $17.46 per share, a decrease of nearly 33%, dropping from $53.64 to $36.18 per share [3]. Group 3: Class Action Participation - Shareholders interested in participating as lead plaintiffs in the class action must submit their papers by March 23, 2026 [4]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4]. Group 4: Company Background - Robbins LLP has been recognized for its efforts in shareholder rights litigation, focusing on helping shareholders recover losses and improve corporate governance since 2002 [5].
The Simply Good Foods Company Reports Fiscal First Quarter 2026 Financial Results and Reaffirms Fiscal Year 2026 Outlook
Globenewswire· 2026-01-08 12:00
Core Viewpoint - Simply Good Foods Company reported modestly better-than-expected financial performance for the first quarter of fiscal year 2026, reaffirming its full-year outlook and emphasizing its leadership in the nutritional snacking category, particularly with brands Quest and OWYN [2][3]. Financial Performance - Net sales for the first quarter were $340.2 million, a decrease of 0.3% compared to the same period last year, with Quest growing by 9.6% while Atkins and OWYN saw declines of 16.5% and 3.3% respectively [3][8]. - Gross profit was $109.9 million, down 15.8% year-over-year, with a gross margin of 32.3%, reflecting a 590 basis point decline due to elevated input costs [5][8]. - Operating expenses decreased by 4.7% to $72.3 million, with selling and marketing expenses down 10.1% [6][8]. - Net income was $25.3 million, a decrease of 33.7% from the previous year, with diluted earnings per share at $0.26 compared to $0.38 [7][9]. Market Trends and Brand Performance - Total retail takeaway for Simply Good Foods increased by approximately 1.8%, driven by Quest and OWYN's growth of 12.0% and 17.8% respectively, while Atkins declined by 19.3% [4]. - The company is focused on long-term growth, particularly for Quest and OWYN, and plans to increase marketing spending to support these brands [13][14]. Outlook and Strategic Initiatives - The company expects stronger performance in the second half of the fiscal year, with anticipated margin expansion and Adjusted EBITDA growth beginning in the third quarter [15][16]. - The company has increased its share repurchase program by $200 million, with approximately $224 million available under the revised program as of January 6, 2026 [12][11]. Balance Sheet and Cash Flow - As of the end of the first quarter, the company had cash of $194.1 million and a term loan balance of $400.0 million, resulting in a Net Debt to Adjusted EBITDA ratio of 0.8x [10][47]. - Cash flow from operations was approximately $50.1 million, an increase from $32.0 million in the comparable year-ago period, primarily due to improved working capital [10][36].
X @Bloomberg
Bloomberg· 2025-12-20 09:10
After last year’s historic rally, cocoa prices are heading for a record annual slump. But there’s no sign the cost of your candies, bars or chocolate Santas will follow any time soon https://t.co/33iLAxwi9w ...
Simply Good Foods to Report First Quarter Fiscal Year 2026 Financial Results on Thursday, January 8, 2026
Globenewswire· 2025-12-17 12:00
Core Viewpoint - The Simply Good Foods Company will report its financial results for the first quarter of Fiscal Year 2026 on January 8, 2026, with a live conference call scheduled for the same day [1]. Group 1: Financial Reporting - The financial results announcement will be followed by a live conference call at 6:30 a.m. Mountain Time (8:30 a.m. Eastern Time) [1]. - The call will feature Geoff Tanner, President and CEO, and Chris Bealer, CFO [1]. Group 2: Participation Details - Investors can participate in the live call by dialing 877-407-0792 from the U.S. or 201-689-8263 from international locations [2]. - A live webcast and supplemental slide presentation will be available on the Company's website [2]. Group 3: Replay Information - A telephone replay of the call will be available approximately two hours after the conclusion and will remain accessible until January 15, 2026 [3]. - The replay can be accessed by dialing 844-512-2921 from the U.S. or 412-317-6671 from international locations, using confirmation code 13757298 [3]. Group 4: Company Overview - The Simply Good Foods Company is a consumer-packaged food and beverage company based in Denver, Colorado, focusing on nutritional snacking [4]. - The company offers a variety of products under trusted brands such as Quest™, Atkins™, and OWYN™, including high protein snacks and low sugar options [4]. - The company aims to expand its healthy lifestyle platform through innovation-driven organic growth and external investment opportunities [4].
BellRing Brands, Inc. (BRBR) Presents at Morgan Stanley Global Consumer & Retail Conference 2025 Transcript
Seeking Alpha· 2025-12-02 21:33
Company Overview - BellRing Brands is a convenient nutrition company that specializes in ready-to-drink shakes, powders, and bars under its Premier Protein and Dymatize brands [2]. Conference Context - The presentation is part of Morgan Stanley's Global Consumer and Retail Conference, featuring key executives from BellRing Brands, including the President and CEO, Darcy Davenport, and CFO, Paul Rode [2].
John B. Sanfilippo & Son, Inc. Reports Fiscal 2026 First Quarter Results
Globenewswire· 2025-10-29 20:10
Core Insights - The company reported a 59% increase in diluted earnings per share (EPS) to $1.59, driven by higher net sales and operational efficiencies [1][2][7] Financial Performance - Net sales for the first quarter of fiscal 2026 rose by $22.5 million, or 8.1%, reaching $298.7 million, primarily due to an 8.9% increase in the weighted average selling price per pound [3][7] - Gross profit increased by $7.6 million to $54.1 million, with the gross profit margin improving to 18.1% from 16.9% in the prior year [7][8] - Total operating expenses decreased by $2.5 million, resulting in a reduction of operating expenses as a percentage of net sales to 9.1% from 10.7% [9] Sales Volume Analysis - Sales volume in the consumer distribution channel decreased by 5.1%, mainly due to a 3.2% reduction in private brand sales volume [4] - The commercial ingredients distribution channel saw a 12.8% increase in sales volume, driven by new business and higher peanut butter volume [5] - The contract manufacturing distribution channel experienced an 18.4% increase in sales volume, attributed to increased granola and snack nut sales [6] Inventory and Costs - Total inventories increased by $40.2 million, or 20.6%, due to higher commodity acquisition costs and greater quantities of finished goods [10] - The weighted average cost per pound of raw nut and dried fruit input stock rose by 24.8% year over year [10] Strategic Outlook - The company aims to maintain momentum by focusing on growing sales volume, delivering customer value, and improving profitability [11]
Simply Good Foods to Report Fourth Quarter and Full Fiscal Year 2025 Financial Results on Thursday, October 23, 2025
Globenewswire· 2025-10-02 11:00
Core Insights - Simply Good Foods Company will report its financial results for Q4 and Fiscal Year 2025 on October 23, 2025, with a live conference call scheduled for 6:30 a.m. Mountain Time [1] - The call will feature Geoff Tanner, President and CEO, and Chris Bealer, CFO [1] Company Overview - Simply Good Foods Company, headquartered in Denver, Colorado, is a leader in the Nutritional Snacking category, offering a range of products including high protein chips, bars, ready-to-drink shakes, and low sugar sweets [4] - The company aims to expand its healthy lifestyle platform through innovation-driven organic growth and external investment opportunities [4]