The Simply Good Foods pany(SMPL) - 2022 Q3 - Earnings Call Presentation

Financial Performance - Simply Good Foods Q3 net sales increased by 11.5%, which includes the impact of the Europe exit and Quest frozen pizza licensing agreement[8] - Net price realization contributed a high-single digit percentage point to net sales growth in Q3[8] - Q3 Adjusted EBITDA was $63.3 million, less than the previous year's $67.5 million[8] - Year-to-date net sales increased by 19.9%[23] - Year-to-date Adjusted EBITDA increased by 15.3%[32] - Adjusted Diluted EPS for Q3 was $0.44, and year-to-date was $1.23[33] Retail Performance - Simply Good Foods Q3 retail takeaway in combined measured and unmeasured channels increased by approximately 15%[8] - Atkins Q3 IRI MULO + C-store retail takeaway increased by 3.4%[14] - Quest Q3 IRI MULO + C-store retail takeaway increased by 30.6%[16] - Atkins retail takeaway at Amazon increased 39%[14] - Quest retail takeaway at Amazon increased about 23%[16] Outlook - The company anticipates that Q4 2022 retail takeaway will increase high-single digits on a percentage basis versus last year[19] - The company expects full-year fiscal 2022 gross margin to decline about 250 basis points versus last year[8, 40] - The company projects net sales to increase by 13% to 15% for the full fiscal year 2022[44]