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DENVER, Jan. 28, 2025 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (Nasdaq: SMPL) (“Simply Good Foods,” or the “Company”), a developer, marketer and seller of branded nutritional products under the Quest, Atkins and OWYN brands, today announced a Chief Financial Officer (“CFO”) succession plan.
The Simply Good Foods Company's OWYN acquisition boosts net sales by 10.6%, with strong growth in both tracked and untracked channels, making it a key growth driver. Despite missing revenue expectations, SMPL shows solid cash generation, operational efficiency, and is well-positioned in a fast-growing market, suggesting potential long-term growth. Challenges include weaker Atkins sales, squeezed margins due to rising commodity costs, and a competitive nutritional snack market, making a "hold" rating more prudent.
The Simply Good Foods Company (NASDAQ:SMPL ) Q1 2025 Earnings Conference Call January 8, 2025 8:30 AM ET Company Participants Geoff Tanner - President, CEO, Director Shaun Mara - CFO Mark Pogharian - VP of IR Conference Call Participants Tom Palmer - Citi Matt Smith - Stifel John Baumgartner - Mizuho Securities Steve Powers - Deutsche Bank Robert Moskow - TD Cowen Brian Holland - D.A. Davidson Jim Salera - Stephens Inc Jon Andersen - William Blair Alexia Howard - Bernstein Operator Greetings and welcome to The Simply Good Foods Company Fiscal First Quarter 2025 Conference Call.
Simply Good Foods (SMPL) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.43 per share a year ago.
Simply Good Foods (SMPL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
DENVER, Dec. 31, 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 announced it will now report financial results for the 13 week fiscal first quarter ended November 30, 2024, on Wednesday, January 8, 2025, before market open. The change is the result of January 9, 2025, being declared a National Day of Mourning to honor the late President Carter.
Investment management firm Ave Maria has just published its investor letter for the third quarter of 2024 regarding the "Ave Maria Value Fund." The fund achieved a return of 10.12% during this period, outperforming the S&P Mid Cap 400 Index, which returned 6.94%, and the S&P 500 Index, which returned 5.89%. You can find more details by checking the letter here.
Simply Good Foods (SMPL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
"Sweet on Protein" introduces Quest's latest creative campaign, showcasing the brand's new protein-packed baked goods lineup. DENVER , Oct. 29, 2024 /PRNewswire/ -- Quest, a leading brand under Simply Good Foods and innovator in the active nutrition category, announced the launch of its new "Sweet on Protein" campaign, an extension of the successful "It's Basically Cheating" campaign.
Simply Good Foods reported a slight growth hiccup in Q4, caused by Quest's temporary supply chain issues. The underlying performance stayed consistent. The OWYN acquisition's integration boosts Simply Good Foods' earnings growth prospects with better distribution and cost synergies. The Quest brand's initiatives should also drive good in FY2025, in part mitigated by a continued weak Atkins brand.
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