Simply Good Foods

SMPL

Market cap $1.86B

The firm sold 125,985 shares, reducing position value by $3.98 million. The transaction represents 1.14% of reportable 13F assets under management.

Investors often overlook mid-sized consumer brands that quietly adapt to changing dietary trends. Simply Good Foods (SMPL) is one of them.

Simply Good Foods is undervalued due to short-term weakness, with growth masked by Atkins' decline but strong performance from Quest and OWYN. Quest and OWYN brands are driving double-digit growth, offsetting Atkins' rapid sales drop, and positioning SMPL for future expansion in the healthy snacks market. Despite underwhelming 2026 guidance and margin pressure from high cocoa prices, SMPL trades at a discount to peers and has significant long-term potential.

Simply Good Foods is rated a Buy, trading 31% below intrinsic value despite short-term headwinds from Atkins brand sales declines and margin compression. Simply Good Foods' Quest and OWYN brands are growing rapidly, offsetting Atkins' weakness. Gross margin pressure from tariffs and commodity prices is expected to be temporary, with management securing lower costs and productivity gains for FY27 recovery.

The Simply Good Foods Company (NASDAQ:SMPL ) Q4 2025 Earnings Call October 23, 2025 8:30 AM EDT Company Participants Joshua Levine - VP of Investor Relations & Treasury Geoff Tanner - CEO, President & Director Christopher Bealer - Chief Financial Officer Conference Call Participants Peter Grom - UBS Investment Bank, Research Division Stephen Robert Powers - Deutsche Bank AG, Research Division Robert Moskow - TD Cowen, Research Division Jon Andersen - William Blair & Company L.L.C., Research Division Megan Christine Alexander - Morgan Stanley, Research Division Brian Holland - D.A.

Simply Good Foods (SMPL) came out with quarterly earnings of $0.46 per share, missing the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.5 per share a year ago.

DENVER, Oct. 23, 2025 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (Nasdaq: SMPL) (“Simply Good Foods,” or the “Company”), a leader in the Nutritional Snacking category, today reported financial results for the thirteen and fifty-two weeks ended August 30, 2025. The acquisition of Only What You Need, Inc. ("OWYN") was completed on June 13, 2024. Therefore, the Company's year-ago performance for the fourteen and fifty-three weeks ended August 31, 2024, did not include results for the OWYN business for the full period. As we have now passed the anniversary date of the OWYN acquisition, the use of "organic" will refer to growth for brands the Company has owned for more than twelve months on a comparable basis. For the fourth quarter of Fiscal Year 2025, "organic" includes year-over-year growth for Simply Good Foods' business excluding the period of time prior to the closing of the OWYN acquisition, as well as the impacts of lapping the extra week in the fourth quarter of Fiscal Year 2024.

With 14 grams of protein and less than 1 gram of sugar, Quest™ Bake Shop Chocolate Frosted Donuts offer a convenient way to satisfy cravings without compromising nutrition goals DENVER , Oct. 22, 2025 /PRNewswire/ -- Quest Nutrition is bringing an indulgent twist to breakfast with the launch of its first-ever donuts: Quest™ Bake Shop Chocolate Frosted Donuts. The Chocolate Frosted Donuts serve as the ultimate "cheat code" for satisfying cravings at home or on the go as they are: Packed with 14 grams of protein, 13 grams of fiber, and less than 1 gram of sugar, per serving* Feature a vanilla flavored cake center topped with a rich chocolatey frosting and rainbow sprinkles Available in 4-count and 9-count packs starting at $10.99 "This launch represents a major milestone for Quest as we expand into new snacking moments," said Stuart Heflin, SVP and General Manager at Quest Nutrition.

DENVER, Oct. 02, 2025 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (NASDAQ: SMPL) (“Simply Good Foods” or the “Company”), a leader in the Nutritional Snacking category, today announced it will report financial results for its Fourth Quarter and Fiscal Year 2025 on Thursday, October 23, 2025. A press release will be issued that morning, followed by a live conference call beginning at 6:30 a.m. Mountain Time (8:30 a.m. Eastern Time). Participating on the call will be Geoff Tanner, President and Chief Executive Officer, and Chris Bealer, Chief Financial Officer.

Couples unexpectedly adopt eating and lifestyle habits by proxy as one partner's journey to wellness becomes a win for both! DENVER , July 29, 2025 /PRNewswire/ -- Atkins, the industry pioneer of the low-carb movement, today released compelling new survey results that show couples mirror each other's wellness habits without even trying.