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The Simply Good Foods Company

The Simply Good Foods Company

NASDAQ•SMPL
CEO: Mr. James Marshall Kilts
Sector: Consumer Defensive
Industry: Packaged Foods
Listing Date: 2017-07-10
The Simply Good Foods Company, a consumer-packaged food and beverage company, engages in the development, marketing, and sale of snacks and meal replacements, and other products in North America and internationally. The company offers protein bars, ready-to-drink shakes, sweet and salty snacks, cookies, muffins, protein chips and crackers, protein powders, and recipes under the Quest, Atkins, and OWYN brand names. It also provides confectionery products, such as full-size and mini peanut butter cups, brownies, caramel candy bites, chocolatey coated peanut candies, and caramel candy bars. In addition, the company licenses certain products that contain its brands and logos; and distributes its products to various retail channels, such as mass merchandise, grocery and drug stores, club and convenience stores, gas stations, and other channels. It also sells its products through e-commerce channels, including questnutrition.com, atkins.com, liveowyn.com, amazon.com and others. The company was incorporated in 2017 and is headquartered in Denver, Colorado.
Contact Information
1225 17th Street, Suite 1000, Denver, CO, 80202, United States
303-633-2840
www.thesimplygoodfoodscompany.com
Market Cap
$2.03B
P/E (TTM)
19.6
11.3
Dividend Yield
--
52W High
$40.53
52W Low
$18.47
52W Range
8%
3.9
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.9 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q4 2025 Data

Revenue

$369.04M-1.77%
4-Quarter Trend

EPS

-$0.12-141.38%
4-Quarter Trend

FCF

$27.34M-38.99%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Net Sales Increased 9.0% Net sales reached $1.45B USD, reflecting 9.0% growth driven by Quest and OWYN volume expansion.
Adjusted EBITDA Grew Modestly Adjusted EBITDA reached $278.2M USD, increasing 3.4% primarily due to higher gross profit realized.
OWYN Integration Progress OWYN volume growth successfully offset continued distribution declines experienced by the legacy Atkins brand in North America.
Strong Operating Cash Flow Net cash provided by operating activities totaled $178.5M USD, supporting debt principal payments this period.

Risk Factors

Significant Impairment Loss Recognized $60.9M impairment charge related to Atkins brand and licensing agreements intangible assets this year.
Gross Margin Compression Gross profit margin fell 220 basis points to 36.2% due to unfavorable commodity expenses and OWYN margins.
Retailer Concentration Risk Sales heavily concentrated; Customer 1 accounted for 31% of total sales in the current fiscal year.
Input Cost Volatility Operations face risks from volatile ingredient/packaging costs, inflationary pressures, and potential adverse effects from tariffs.

Outlook

Portfolio Innovation Focus Intend to enhance product portfolio with new flavors and forms, leveraging in-house R&D capabilities quickly.
Expanding Retail Footprint Management plans to penetrate white space opportunities, expanding distribution across club and convenience store channels.
Continued Acquisition Pursuit Strategy includes seeking acquisition opportunities to complement existing portfolio in adjacent snacking categories over time.
Share Repurchase Expansion Board approved a $150.0M increase to the existing stock repurchase program following fiscal year end.

Peer Comparison

Revenue (TTM)

Flowers Foods, Inc.FLO
$5.10B
-0.6%
The Chefs' Warehouse, Inc.CHEF
$4.04B
+8.9%
Nomad Foods LimitedNOMD
$3.34B
+0.3%

Gross Margin (Latest Quarter)

Perdoceo Education CorporationPRDO
76.0%
-7.5 pp
Flowers Foods, Inc.FLO
48.8%
-1.1 pp
The Boston Beer Company, Inc.SAM
47.8%
+1.5 pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
FRPT$2.73B22.111.3%28.3%
FLO$2.54B11.615.5%48.1%
CHEF$2.53B32.113.5%12.7%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
+2.6%
Moderate Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Reports
All Years
  • Form 10-K - FY 2025

    Period End: Aug 30, 2025|Filed: Oct 28, 2025|
    Revenue: $1.45B+9.0%
    |
    EPS: $1.03-25.9%
    Beat
  • Form 10-Q - Q3 2025

    Period End: May 31, 2025|Filed: Jul 10, 2025|
    Revenue: $380.96M+13.8%
    |
    EPS: $0.41+0.0%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Mar 1, 2025|Filed: Apr 9, 2025|
    Revenue: $359.66M+15.2%
    |
    EPS: $0.36+9.1%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Nov 30, 2024|Filed: Jan 8, 2025|
    Revenue: $341.27M+10.6%
    |
    EPS: $0.38+5.6%
    Miss
  • Form 10-K - FY 2024

    Period End: Aug 31, 2024|Filed: Oct 29, 2024|
    Revenue: $1.33B+7.1%
    |
    EPS: $1.39+3.7%
    Beat
  • Form 10-Q - Q3 2024

    Period End: May 25, 2024|Filed: Jun 27, 2024|
    Revenue: $334.76M+3.1%
    |
    EPS: $0.41+13.9%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Feb 24, 2024|Filed: Apr 4, 2024|
    Revenue: $312.20M+5.3%
    |
    EPS: $0.33+26.9%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Nov 25, 2023|Filed: Jan 4, 2024|
    Revenue: $308.68M+2.6%
    |
    EPS: $0.36+0.0%
    Miss