Simply Good Foods Earnings Reports

Simply Good Foods delivered strong Q2 results, with revenue rising 15% year-over-year, driven by Quest and the newly acquired OWYN brand. Adjusted EBITDA increased 18% amid favorable costs and disciplined spending.

Simply Good Foods reported a net sales increase of 10.6% to $341.3 million, driven primarily by the OWYN acquisition. The company's gross margin improved, leading to Adjusted EBITDA growth of 13.1%. They reaffirmed their fiscal year 2025 outlook, expecting continued growth.

Simply Good Foods reported a 17.2% increase in net sales to $375.7 million for the fourth quarter, driven by the OWYN acquisition and legacy net sales growth. Adjusted EPS increased to $0.50, while net income was $29.3 million. The company provided a full fiscal year 2025 outlook, anticipating net sales growth of 8.5% to 10.5% and Adjusted EBITDA growth of 4% to 6%.

Simply Good Foods reported a strong fourth quarter with net sales increasing by 16.9% to $320.4 million, net income increasing to $36.6 million, and adjusted diluted EPS increasing to $0.45. The company's performance was driven by volume and pricing improvements, as well as gross margin expansion due to lower ingredient and packaging costs.

Simply Good Foods reported a 2.6% increase in net sales to $324.8 million, with net income at $35.4 million and EPS at $0.35. Adjusted EBITDA increased to $66.6 million. The company reaffirms its full-year fiscal 2023 outlook, expecting net sales to increase slightly greater than the 4-6% long-term algorithm.

Simply Good Foods reported second quarter 2023 financial results, with net sales of $296.6 million, net income of $25.6 million, and EPS of $0.25. The company reaffirmed its full year net sales outlook, expecting an increase slightly greater than its long-term algorithm of 4-6%.

Simply Good Foods reported a 7.0% increase in net sales to $300.9 million for the first quarter of fiscal year 2023. Net income increased to $35.9 million, with EPS at $0.36. The company reaffirmed its full fiscal year 2023 net sales and Adjusted EBITDA outlook, expecting net sales to increase slightly greater than the 4-6% long-term algorithm and Adjusted EBITDA to increase in line with net sales growth rate.

Simply Good Foods reported a 5.5% increase in net sales for the fourth quarter of fiscal year 2022, with net income rising to $30.1 million and earnings per diluted share reaching $0.30. The company's adjusted EBITDA also saw an increase, and they provided a positive outlook for fiscal year 2023, expecting continued growth.

Simply Good Foods reported an 11.5% increase in net sales for the third quarter of fiscal year 2022. Net income significantly increased to $38.8 million, and adjusted diluted EPS rose to $0.44. The company reaffirmed its full-year outlook, expecting continued growth in net sales and adjusted EBITDA.

The Simply Good Foods Company reported a strong second quarter with net sales increasing by 28.7% and adjusted EBITDA increasing by 27.1%. The company is also updating its full fiscal year 2022 outlook, expecting net sales to increase 13-15% and adjusted EBITDA to increase slightly less than the net sales growth rate.

Simply Good Foods reported a strong start to fiscal year 2022, with net sales increasing by 21.7% driven by solid performance from both Atkins and Quest brands. The company's gross profit margin improved, and adjusted EBITDA increased significantly. Management raised full year net sales and Adjusted EBITDA outlook.

Simply Good Foods reported a strong fourth quarter and fiscal year 2021, delivering solid sales and earnings growth. Net sales increased by 16.9%, driven by solid Atkins and Quest performance. The company also increased gross margin in an inflationary environment and instituted a price increase.

The Simply Good Foods Company reported a 32.0% increase in net sales, driven by strong Atkins and Quest performance. Adjusted EBITDA increased by 55.6% to $67.5 million. The company has updated its full fiscal year 2021 outlook, expecting net sales to be in the $995-1,005 million range and Adjusted EBITDA to be in the $200-205 million range.

Simply Good Foods reported a 1.5% increase in net sales, driven by strong e-commerce and Quest performance. Net income increased to $19.1 million, and adjusted EBITDA increased 2.2% to $42.6 million. The company provided a full fiscal year 2021 outlook with net sales expected to be in the $930-940 million range and Adjusted EBITDA expected to be in the $180-185 million range.

Simply Good Foods reported a strong fiscal first quarter, exceeding expectations despite COVID-19 challenges. Net sales increased by 51.9%, driven by the Quest acquisition, and net income rose to $22.5 million. The company updated its outlook for the first half of fiscal 2021, anticipating net sales of $455-465 million and Adjusted EBITDA of $85-90 million.

Simply Good Foods reported a 59.7% increase in net sales for Q4 2020, driven by the Quest acquisition. Net income increased by 104.0% to $12.4 million. The company is optimistic about long-term growth but acknowledges uncertainty due to the ongoing pandemic.

Simply Good Foods reported a 54.2% increase in net sales for the third quarter, driven by the acquisition of Quest. However, Legacy Atkins net sales declined by 8.3%, offset by e-commerce growth. Adjusted EBITDA increased by 74.2% due to the inclusion of Quest.

The Simply Good Foods Company reported strong fiscal second quarter 2020 financial results, with net sales increasing by 83.4% to $227.1 million. The company's performance was driven by both legacy Atkins and Quest brands. However, due to COVID-19, the company withdrew its fiscal 2020 full year guidance.

Simply Good Foods reported a 25.8% increase in net sales to $152.2 million, driven by legacy Atkins and the acquisition of Quest. However, the company reported a net loss of $4.8 million, compared to net income of $15.3 million for the comparable period of 2019, primarily due to costs related to the Quest acquisition. The company updated its outlook for the full year fiscal 2020, anticipating net sales of $850-870 million and Adjusted EBITDA of $154-158 million.