Core Viewpoint - The Simply Good Foods Company will report its financial results for the second quarter of Fiscal Year 2026 on April 9, 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]. - Joe Scalzo, President and CEO, and Chris Bealer, CFO, will participate in the conference call [1]. Group 2: Participation Details - Investors can join 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 April 16, 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 13758838 [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].

Core Insights - The Simply Good Foods Company has appointed Matt Siler as Vice President of Investor Relations and Treasury, effective March 2, 2026, following the departure of Josh Levine on February 27, 2026 [1][2] Group 1: Leadership Changes - Matt Siler brings over two decades of institutional investing experience and has previously held roles in Investor Relations at TreeHouse Foods and Vital Farms [2] - The CFO of Simply Good Foods, Chris Bealer, expressed enthusiasm for Siler's appointment and wished Levine well in his future endeavors [2] Group 2: Company Overview - Simply Good Foods is a consumer-packaged food and beverage company based in Denver, Colorado, focusing on nutritional snacking with brands like Quest™, Atkins™, and OWYN™ [3] - The company aims to innovate and expand its healthy lifestyle platform through organic growth and external investment opportunities [3]

Company Announcement - The Simply Good Foods Company announced the appointment of Joseph E. Scalzo as President and Chief Executive Officer, effective January 19, 2026 [1] - Mr. Scalzo was granted an option to purchase 2,000,000 shares of the Company's common stock at fair market value on the date of grant, with an 8-year term and a vesting schedule over three years [1][2] Stock Option Details - The stock option grant is an inducement material to Mr. Scalzo's employment, in compliance with Nasdaq Listing Rule 5635(c)(4) [2] Company Overview - The Simply Good Foods Company, headquartered in Denver, Colorado, focuses on consumer-packaged food and beverage products, aiming to innovate in nutritious snacking [3] - The company offers a variety of brands, including Quest™, Atkins™, and OWYN™, featuring high protein snacks, ready-to-drink shakes, and low sugar products [3] - The company is positioned as a leader in the nutritious snacking movement, with plans for organic growth and external investment opportunities [3]

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].

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]