STOCK TITAN

The Simply Good Foods Company - SMPL STOCK NEWS

Welcome to our dedicated page for The Simply Good Foods Company news (Ticker: SMPL), a resource for investors and traders seeking the latest updates and insights on The Simply Good Foods Company stock.

The Simply Good Foods Company Common Stock (symbol: SMPL) operates as a consumer packaged food and beverage company serving North America and international markets. Headquartered in Denver, Colorado, the company focuses on developing, marketing, and selling a diverse range of low-carbohydrate, high-protein snacks and meal replacements under the Atkins™ and Quest™ brand names.

The company’s extensive product portfolio includes nutrition bars, ready-to-drink (RTD) shakes, sweet and salty snacks, protein bars, cookies, protein chips, and licensed frozen meals. These products cater to consumers seeking healthier snack options without sacrificing taste. Simply Good Foods distributes its products through multiple retail channels, including mass merchandise, grocery and drug stores, club stores, convenience stores, gas stations, and e-commerce platforms like Atkins.com, QuestNutrition.com, and Amazon.com.

Recently, the company launched notable marketing campaigns to increase brand awareness and relevance among new consumer demographics. For instance, the Atkins brand debuted its “Who Knew?” campaign featuring Rob Lowe, Wanda Sykes, and John Owen Lowe, aiming to challenge perceptions and highlight the brand’s delicious, low-carb offerings. Similarly, the Quest brand introduced its “It’s Basically Cheating” campaign with Kumail Nanjiani, emphasizing the taste and nutritional benefits of Quest products.

Financially, Simply Good Foods reported strong performance, reflecting its growth-oriented strategy and commitment to innovation. The company seeks to expand its wellness platform through organic growth and strategic investments in the snacking and broader food categories.

With a firm dedication to leading the nutritious snacking movement, Simply Good Foods continues to deliver great-tasting, better-for-you snacks and meal replacements, making it a notable player in the health-conscious food market.

Rhea-AI Summary

The Simply Good Foods Company (NASDAQ: SMPL) announced it will release its financial results for the third quarter of fiscal year 2024 on June 27, 2024, before the market opens. The results will cover the 13-week period ending May 25, 2024.

A conference call to discuss these results will be held at 7:00 a.m. Mountain Time (9:00 a.m. Eastern Time) on the same day. The call will feature the company's President and CEO, Geoff Tanner, and CFO, Shaun Mara. Investors can join the call via specific dial-in numbers or listen through a live webcast available on the company’s Investor Relations website.

A replay of the call will be accessible until July 4, 2024. Simply Good Foods, known for brands like Atkins, Quest, and OWYN, focuses on nutritious snacking products and is committed to growth through innovation and investment opportunities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.79%
Tags
conferences earnings
-
Rhea-AI Summary

The Simply Good Foods Company, listed on NASDAQ as SMPL, will participate in a fireside chat at the Goldman Sachs Global Staples Forum on May 14, 2024. The event will feature key members of the company's management team discussing their branded nutritional foods and snacking products. The live webcast can be accessed on the company's website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.53%
Tags
conferences
-
Rhea-AI Summary

The Simply Good Foods Company (Nasdaq: SMPL) is acquiring Only What You Need (OWYN) for $280 million in cash, a move that adds a fast-growing RTD protein shake brand to its portfolio. OWYN, a leading plant-based RTD protein shake brand, will enhance Simply Good Foods' presence in the market. OWYN is expected to achieve net sales of approximately $120 million in 2024. The acquisition is aimed at accelerating profitable growth, increasing distribution, and leveraging shared R&D expertise. The deal is expected to close by the end of fiscal year 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.42%
Tags
Rhea-AI Summary
Simply Good Foods (SMPL) reports strong financial results for the second quarter of fiscal year 2024, with increased net sales, net income, and earnings per diluted share. The company anticipates continued growth in net sales and adjusted EBITDA for the full fiscal year 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.43%
Tags
-
Rhea-AI Summary
Simply Good Foods Company (NASDAQ: SMPL) will report financial results for the fiscal second quarter ended February 24, 2024, on April 4, 2024. The conference call will feature Geoff Tanner, President, and CEO, and Shaun Mara, CFO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.49%
Tags
conferences earnings
-
Rhea-AI Summary
Simply Good Foods Company (SMPL) launches new Quest brand campaign 'It's Basically Cheating' featuring Kumail Nanjiani. The campaign emphasizes the idea of enjoying Quest products guilt-free due to their high protein, low sugar, and great taste.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.98%
Tags
partnership
Rhea-AI Summary
The Simply Good Foods Company (SMPL) reported first quarter financial results, including net sales of $308.7 million, net income of $35.6 million, and adjusted diluted EPS of $0.43. The company reaffirmed its fiscal year 2024 outlook, expecting net sales to increase at the high end of the long-term algorithm of 4-6% and adjusted EBITDA to increase slightly higher than the net sales growth rate.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.83%
Tags
-
Rhea-AI Summary
The Simply Good Foods Company (NASDAQ: SMPL) will report financial results for the 13 week fiscal first quarter ended November 25, 2023, on Thursday, January 4, 2024, before market open. The Company will host a conference call with Geoff Tanner, President and Chief Executive Officer, and Shaun Mara, Chief Financial Officer, participating to discuss the results. The conference call is scheduled to begin at 6:30 a.m. Mountain time (8:30 a.m. Eastern time) on Thursday, January 4, 2024. Investors can dial 1-877-407-0792 (U.S.) or 201-689-8263 (International) to participate in the live call. The call and presentation slides will also be broadcast live over the Internet. A telephone replay will be available through Thursday, January 11, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.93%
Tags
conferences earnings
-
Rhea-AI Summary
Simply Good Foods reports financial results for Q4 and full fiscal year 2023, with net sales growth and increased earnings. Company expects sales growth and gross margin expansion in fiscal 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.88%
Tags
Rhea-AI Summary
The Atkins brand launches a new campaign titled 'Who Knew?' featuring Rob Lowe and Wanda Sykes to increase brand relevance with the next generation of consumers seeking low carb and sugar snacks.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.29%
Tags
none

FAQ

What is the current stock price of The Simply Good Foods Company (SMPL)?

The current stock price of The Simply Good Foods Company (SMPL) is $34.31 as of November 4, 2024.

What is the market cap of The Simply Good Foods Company (SMPL)?

The market cap of The Simply Good Foods Company (SMPL) is approximately 3.4B.

What does The Simply Good Foods Company do?

The Simply Good Foods Company develops, markets, and sells low-carbohydrate, high-protein snacks and meal replacements under the Atkins and Quest brands.

Where is The Simply Good Foods Company headquartered?

The Simply Good Foods Company is headquartered in Denver, Colorado.

What are some of the products offered by The Simply Good Foods Company?

The company offers nutrition bars, ready-to-drink shakes, sweet and salty snacks, protein bars, cookies, protein chips, and licensed frozen meals.

Which retail channels does The Simply Good Foods Company use for distribution?

Their products are distributed through mass merchandise, grocery and drug stores, club stores, convenience stores, gas stations, and e-commerce platforms.

What is the focus of the Atkins brand campaign 'Who Knew?'?

The 'Who Knew?' campaign aims to challenge perceptions about Atkins products, highlighting their delicious, low-carb options with the help of spokespersons Rob Lowe, Wanda Sykes, and John Owen Lowe.

What is the Quest brand's 'It's Basically Cheating' campaign about?

The campaign features Kumail Nanjiani and focuses on the great taste and nutritional benefits of Quest products, emphasizing that they feel like a cheat due to their deliciousness and good macros.

How has The Simply Good Foods Company performed financially?

The company has reported strong financial results, demonstrating growth and innovation in the nutritious snacking market.

What is Simply Good Foods' strategy for growth?

The company's growth strategy includes innovation, organic growth, and strategic investments in the snacking and broader food categories.

Where can I purchase Simply Good Foods products online?

Simply Good Foods products can be purchased online at websites like Atkins.com, QuestNutrition.com, and Amazon.com.

Who can I contact for investor relations at The Simply Good Foods Company?

For investor relations, you can contact Mark Pogharian, Vice President of Investor Relations, Treasury and Business Development, at (720) 768-2681 or via email at mpogharian@simplygoodfoodsco.com.

The Simply Good Foods Company

Nasdaq:SMPL

SMPL Rankings

SMPL Stock Data

3.41B
100.22M
8.43%
97.27%
5.16%
Packaged Foods
Food and Kindred Products
Link
United States of America
DENVER