Welcome to our dedicated page for Simply Good news (Ticker: SMPL), a resource for investors and traders seeking the latest updates and insights on Simply Good stock.
Company Overview
Simply Good Foods (SMPL) is a consumer packaged food and beverage company that champions nutritious snacking and meal replacement solutions with a focus on low-carb, high-protein options. Recognized for its trusted portfolio of brands, including Atkins, Quest, and OWYN, the company delivers a wide range of products designed to cater to consumers seeking healthier alternatives in the snacking arena. Using robust research and development and decades of expertise in nutrition, Simply Good Foods has established a strong foothold in the market, addressing the growing consumer emphasis on balanced, protein-forward diets and scientifically backed nutritional benefits. Early on, the company leveraged industry-specific concepts such as "consumer packaged goods", "nutritious snacking", and "retail distribution channels" to reinforce its market significance.
Product Portfolio
The company offers an extensive product lineup that includes:
- Nutrition Bars and Protein Bars: Formulated to support energy levels and muscle recovery while maintaining lower carbohydrate levels.
- Ready-to-Drink (RTD) Shakes: Designed as meal replacements or supplements, these shakes provide balanced macronutrients tailored for an on-the-go lifestyle.
- Sweet and Salty Snacks: A variety of options including cookies, chips, and confectionery products that merge taste with nutritional benefits.
- Innovative Confectionery and Meal Replacements: Including licensed frozen meals and new product lines that cater to evolving consumer trends in snacking and meal planning.
This well-diversified product portfolio not only meets the immediate dietary needs of its customers but also exemplifies the company's commitment to innovation and quality in the healthy lifestyle space.
Distribution and Market Reach
Operating predominantly in North America while also maintaining an international presence, Simply Good Foods employs a multi-channel distribution strategy. The company’s products are available through:
- Mass Merchandise, Grocery, and Drug Channels: Enhancing accessibility for daily shoppers.
- Club Stores and Convenience Outlets: Providing convenience for busy consumers and on-the-go snacking needs.
- E-commerce Platforms: Including dedicated websites for its brands and major online marketplaces, ensuring a digital presence that complements traditional distribution methods.
This strategic approach not only maximizes market reach but also fortifies its position against competitors by aligning with consumer shopping habits across multiple channels.
Industry Position and Competitive Edge
Within the competitive landscape of consumer packaged goods, Simply Good Foods stands out due to its concentrated focus on nutritious snacking and scientifically formulated products. The integration of clinical insights and nutritional science into product development has created a unique value proposition for the company. Its ability to combine innovative flavors with nutritional benefits enables it to cater to a discerning consumer base that values health without compromising on taste.
Business Model and Operational Strategies
Simply Good Foods generates revenue primarily through the direct sale of its branded products via retail and e-commerce channels. Its business model is underpinned by:
- Brand Strength: The longstanding reputation of brands like Atkins and Quest, which are supported by well-researched nutritional guidelines.
- Innovation: Continuous product development that addresses current market trends, such as low sugar and high-protein demands.
- Channel Diversification: A hybrid distribution strategy that ensures resilience and market penetration across both physical and digital platforms.
- Consumer Engagement: Leveraging marketing campaigns that resonate with consumers’ lifestyles and nutritional goals through relatable brand ambassadors and creative storytelling.
This multifaceted approach allows the company to maintain a comprehensive presence within the rapidly evolving food and beverage industry while mitigating risks associated with market volatility.
Significance in the Market
By consistently offering products that align with current nutritional trends and consumer preferences, Simply Good Foods has carved out a niche in the healthy snacking segment. Its commitment to quality, backed by scientific research and innovative product development, positions it as a significant player in the industry. The company’s ability to adapt to evolving consumer needs without compromising on its core values of nutrition and taste has strengthened its market resilience and brand loyalty over time.
Conclusion
In summary, Simply Good Foods exemplifies a modern, agile consumer packaged food company that effectively blends tradition with innovation. From its extensive product range to its strategic distribution channels and clear focus on health-oriented snacking, the company continues to deliver both quality and value. Investors and industry observers looking to understand the dynamics of the low-carb, high-protein market will find that Simply Good Foods offers a transparent, well-structured business model underpinned by robust operational strategies and a deep commitment to nutritional excellence.
Simply Good Foods (NASDAQ: SMPL), a developer and marketer of branded nutritional foods and snacking products, has scheduled its fiscal second quarter 2025 financial results announcement for Wednesday, April 9, 2025, before market open.
The company will host a conference call at 6:30 a.m. Mountain time (8:30 a.m. Eastern time) featuring President and CEO Geoff Tanner and CFO Shaun Mara. The call will cover results for the 13-week period ended March 1, 2025.
Investors can participate by dialing 1-877-407-0792 (U.S.) or 1-201-689-8263 (international). The presentation will be broadcast live on the company's Investor Relations website. A replay will be available until April 16, 2025, via 1-844-512-2921 (U.S.) or 1-412-317-6671 (international) using code 13751795.
Quest Nutrition has announced the launch of its new Quest™ Protein Milkshakes, a ready-to-drink beverage line featuring an industry-leading 45 grams of protein per bottle. The new product maintains low sugar and carbohydrate content while focusing on taste quality.
This launch represents Quest's second product introduction in 2025, following the February release of Overload Bars, a protein bar line featuring toffee bits and chocolatey chunks as mix-ins.
The Simply Good Foods Company (SMPL) has announced a CFO succession plan, with current CFO Shaun P. Mara set to retire on July 3, 2025. Christopher J. Bealer will join as Senior Vice President of Finance on April 1, 2025, and is expected to succeed Mara as CFO.
Bealer brings nearly 23 years of experience in consumer packaged goods and consumer durables. He currently serves as EVP Corporate Controller at Reckitt Benckiser Group PLC, leading a global team of over 600 employees. His previous roles include Regional CFO positions at Whirlpool and finance roles at Big Heart Pet Brands, Del Monte Foods, and H.J. Heinz Company.
The transition has been planned carefully, with both CEO Geoff E. Tanner and Chairman James M. Kilts expressing confidence in Bealer's ability to drive Simply Good Foods' future growth and financial stewardship.
The Simply Good Foods Company (Nasdaq: SMPL) reported its fiscal first-quarter 2025 financial results, highlighting an increase in net sales and reaffirming its fiscal year 2025 outlook. Key figures for the quarter ended November 30, 2024, include:
Net sales of $341.3 million, up from $308.7 million in the same period last year.
Net income of $38.1 million, compared to $35.6 million year-over-year.
Earnings per diluted share (EPS) of $0.38 versus $0.35.
Adjusted diluted EPS of $0.49 versus $0.43.
Adjusted EBITDA of $70.1 million, up from $62.0 million.
The growth was driven by the acquisition of Only What You Need, Inc. (OWYN), which contributed $32.3 million to net sales. The company's legacy net sales were flat year-over-year. Gross profit increased by $15.4 million to $130.5 million, with a gross margin of 38.2%, up 90 basis points. Operating expenses rose by $12.6 million, primarily due to higher employee-related costs and inclusion of OWYN.
Simply Good Foods reaffirmed its fiscal year 2025 outlook, expecting net sales to increase by 8.5% to 10.5% and adjusted EBITDA to grow by 4% to 6%. The company anticipates input cost inflation but aims to offset it through productivity and cost-saving initiatives. As of November 30, 2024, the company had $121.8 million in cash and repaid $50.0 million of its term loan debt, leaving an outstanding principal balance of $350.0 million.
Simply Good Foods (NASDAQ: SMPL) has rescheduled its first quarter fiscal year 2025 financial results announcement to Wednesday, January 8, 2025, before market open. The change from the original January 9 date is due to the National Day of Mourning for President Carter. The company will host a conference call at 6:30 a.m. Mountain time (8:30 a.m. Eastern time) with CEO Geoff Tanner and CFO Shaun Mara. Investors can participate by dialing 1-877-407-0792 (U.S.) or 201-689-8263 (International). The call and presentation slides will be available on the company's website, with a replay accessible until January 15, 2025.
Simply Good Foods (NASDAQ: SMPL) has announced it will release its fiscal first quarter 2025 financial results on Thursday, January 9, 2025, before market open. The results will cover the 13-week period ended November 30, 2024. The company will host a conference call at 6:30 a.m. Mountain time (8:30 a.m. Eastern time) featuring CEO Geoff Tanner and CFO Shaun Mara. Investors can participate by dialing 1-877-407-0792 (U.S.) or 201-689-8263 (International). The presentation will be broadcast live on the company's website, with a replay available until January 16, 2025.
Quest Nutrition has announced a partnership with USA Rugby as their official protein snack partner for the national teams. The collaboration aims to provide USA Eagles athletes with Quest's protein-rich products including bars, cookies, and chips to support their training and competition needs. The partnership will particularly benefit the USA Women's Sevens Team, which competes in seven tournaments across five continents annually. Quest's products will help maintain athletes' energy levels during their rigorous training sessions and global competitions.
Quest, a brand under Simply Good Foods (SMPL), launched its new 'Sweet on Protein' marketing campaign to introduce the Quest Bake Shop line, featuring protein-rich baked goods. The campaign extends the 'It's Basically Cheating' initiative and will be distributed across film, digital, social, and out-of-home advertising platforms. The new product line includes Blueberry Muffins, Chocolate Chip Muffins, and Chocolate Brownie flavors, available nationally at major retailers including Amazon, Walmart, Target, and Kroger. This campaign marks the first major initiative under Simply Good Foods' new partnership with Publicis Groupe's SG1, their new integrated agency of record.
Simply Good Foods (NASDAQ: SMPL) reported Q4 fiscal 2024 results with net sales of $375.7 million, up 17.2% from $320.4 million last year. The company completed the OWYN acquisition on June 13, 2024, contributing 9.1 percentage points to net sales growth. Net income was $29.3 million versus $36.6 million in Q4 2023. For fiscal 2025, the company expects net sales growth of 8.5-10.5%, with OWYN contributing $135-145 million, and Adjusted EBITDA growth of 4-6%. The company ended the year with a cash position of $132.5 million and a Net Debt to Adjusted EBITDA ratio of 1.0x.
The Simply Good Foods Company (NASDAQ: SMPL), a developer, marketer, and seller of branded nutritional foods and snacking products, has announced it will report financial results for the 14-week fiscal fourth quarter and full fiscal year ended August 31, 2024, on Thursday, October 24, 2024, before market open. The company will host a conference call at 6:30 a.m. Mountain time (8:30 a.m. Eastern time) on the same day to discuss the results.
Participating in the call will be Geoff Tanner, President and Chief Executive Officer, and Shaun Mara, Chief Financial Officer. Investors can join the live call by dialing 1-877-407-0792 from the U.S. or 201-689-8263 for international callers. The call and presentation slides will also be broadcast live on the company's website. A telephone replay will be available until Thursday, October 31, 2024.
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