The Simply Good Foods Company

SMPL

US82900L1026

Food Processing

Real-time Estimate Cboe BZX Other stock markets 02:25:00 2024-04-29 pm EDT			5-day change	1st Jan Change
34.32 ^USD	-0.23%		+4.15%	-13.45%

Apr. 22	TD Cowen Starts Simply Good Foods With Hold Rating, $34 Price Target	MT
Apr. 08	Mizuho Securities Cuts Simply Good Foods' Price Target to $40 From $50, Maintains Buy Rating	MT

The Simply Good Foods Company Reports Earnings Results for the Second Quarter and Six Months Ended February 24, 2024

April 04, 2024 at 07:00 am EDT

The Simply Good Foods Company reported earnings results for the second quarter and six months ended February 24, 2024. For the second quarter, the company reported sales was USD 312.2 million compared to USD 296.58 million a year ago. Net income was USD 33.12 million compared to USD 25.64 million a year ago. Basic earnings per share from continuing operations was USD 0.33 compared to USD 0.26 a year ago. Diluted earnings per share from continuing operations was USD 0.33 compared to USD 0.25 a year ago.
For the six months, sales was USD 620.88 million compared to USD 597.46 million a year ago. Net income was USD 68.68 million compared to USD 61.5 million a year ago. Basic earnings per share from continuing operations was USD 0.69 compared to USD 0.62 a year ago. Diluted earnings per share from continuing operations was USD 0.68 compared to USD 0.61 a year ago.

Latest news about The Simply Good Foods Company

TD Cowen Starts Simply Good Foods With Hold Rating, $34 Price Target	Apr. 22	MT
Mizuho Securities Cuts Simply Good Foods' Price Target to $40 From $50, Maintains Buy Rating	Apr. 08	MT
DA Davidson Cuts Price Target on Simply Good Foods to $34 From $39, Keeps Neutral Rating	Apr. 05	MT
Deutsche Bank Cuts Simply Good Foods' Price Target to $36 From $39, Maintains Hold Rating	Apr. 05	MT
Sector Update: Consumer Stocks Rise Pre-Bell Thursday	Apr. 04	MT
The Simply Good Foods Seeks M&A	Apr. 04	CI
Transcript : The Simply Good Foods Company, Q2 2024 Earnings Call, Apr 04, 2024	Apr. 04
Simply Good Foods Fiscal Q2 Adjusted Earnings, Net Sales Climb; Revises FY 2024 Outlook	Apr. 04	MT
Stocks Gain in Pre-Market Trading as Investors Digest Powell's Comments; Asia Mixed, Europe Up	Apr. 04	MT
Earnings Flash (SMPL) SIMPLY GOOD FOODS USA Reports Q2 Revenue $312.2M, vs. Street Est of $316.2M	Apr. 04	MT
Earnings Flash (SMPL) SIMPLY GOOD FOODS USA Reports Q2 EPS $0.40, vs. Street Est of $0.38	Apr. 04	MT
The Simply Good Foods Company Reports Earnings Results for the Second Quarter and Six Months Ended February 24, 2024	Apr. 04	CI
The Simply Good Foods Company Updates Earnings Guidance for the Full Year Fiscal Year 2024	Apr. 04	CI
North American Morning Briefing : Focus Turns to -2-	Apr. 04	DJ
North American Morning Briefing: Focus Turns to Jobs After Powell's Reassurance	Apr. 04	DJ
Stifel Cuts Simply Good Foods' Price Target to $38 From $48, Maintains Buy Rating	Mar. 28	MT
Deutsche Bank Adjusts Simply Good Foods Price Target to $39 From $42, Maintains Hold Rating	Mar. 21	MT
DA Davidson Cuts Price Target on Simply Good Foods to $39 From $44, Maintains Neutral Rating	Mar. 20	MT
Morgan Stanley Cuts Simply Good Foods' PT to $42 From $46 on Weaker Demand, Sees Potential for Fiscal 2024 Sales Guidance Cut; Overweight Kept	Mar. 20	MT
Simply Good Foods Insider Sold Shares Worth $1,314,600, According to a Recent SEC Filing	Jan. 05	MT
Needham Adjusts Price Target on Simply Good Foods to $45 From $42, Keeps Buy Rating	Jan. 05	MT
Sector Update: Consumer Stocks Mixed Premarket Thursday	Jan. 04	MT
Transcript : The Simply Good Foods Company, Q1 2024 Earnings Call, Jan 04, 2024	Jan. 04
Simply Good Foods Fiscal Q1 Adjusted Earnings, Revenue Increase	Jan. 04	MT
Stock Futures Rise Modestly Pre-Bell as Traders Await Employment Data; Asia Down, Europe Rises	Jan. 04	MT

Chart The Simply Good Foods Company

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Company Profile

The Simply Good Foods Company is a consumer-packaged food and beverage company. The product portfolio the Company develops, markets, and sells consists primarily of protein bars, ready-to-drink (RTD) shakes, sweet and salty snacks, and confectionery products marketed under the Atkins, and Quest brand names. The Company's nutritious snacking platform consists of brands that specialize in providing products for consumers that follow certain nutritional philosophies and health-and-wellness trends. Atkins brand specializes in providing products for consumers following a low-carb lifestyle or seeking to lose weight, and Quest brand for consumers seeking a variety of protein-rich foods and beverages. Atkins brand products consist of protein bars, RTD shakes, confections, cookies, and chips. It distributes its products in retail channels, primarily in North America, including grocery, club, and mass merchandise, as well as through e-commerce, convenience, specialty, and other channels.

Sector

Food Processing

Calendar

2024-06-26 - Q3 2024 Earnings Release (Projected)

Related indices

Russell 2000

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Income Statement Evolution

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Analysis / Opinion

The Simply Good Foods Company : The healthy trend gains in popularity

October 10, 2023 at 11:03 am EDT

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Ratings for The Simply Good Foods Company

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

34.4 USD

Average target price

40.28 USD

Spread / Average Target

+17.08%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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Special Foods & Wellbeing Products