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The Simply Good Foods Company (NASDAQ: SMPL) |
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The Simply Good Foods Company Outlook |
On January 8 2025 the The Simply Good Foods Company provided following guidance
The Simply Good Foods Company Announces Fiscal First Quarter 2025 Financial Results and Reaffirms Outlook for the Year
DENVER, January 8, 2025 – The Simply Good Foods Company (Nasdaq: SMPL), an innovative developer, marketer, and seller of branded nutritional foods and snacking products, has released its financial results for the thirteen-week period concluding on November 30, 2024. The recent acquisition of Only What You Need, Inc. (OWYN), finalized on June 13, 2024, has impacted year-over-year comparisons, as the performance data for the same timeframe last year (thirteen weeks ended November 25, 2023) does not include OWYN's contributions. When we refer to organic or legacy Simply Good Foods in this announcement, we are specifically addressing the Company's operations excluding OWYN's results.
Despite not providing detailed figures for the outlook, the Company has confirmed its financial expectations for fiscal year 2025. This affirmation reflects a commitment to its strategic goals and a confidence in the ongoing performance of its core brands, even as it integrates the OWYN acquisition.
In light of these developments, stakeholders can anticipate continued growth and innovation within the Simply Good Foods portfolio, as the company positions itself to capitalize on emerging market opportunities. Further insights and specific metrics may be expected in future disclosures as the Company remains focused on maximizing its operational efficiencies and driving value for its shareholders.,
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On October 24 2024 the The Simply Good Foods Company provided following guidance
nnThe Simply Good Foods Company Reports Financial Performance for Fiscal Fourth Quarter and Full Year 2024, Outlines Projections for Fiscal Year 2025nn
nnDENVER, October 24, 2024nn – The Simply Good Foods Company (Nasdaq: SMPL), a prominent player in the development, marketing, and sales of branded nutritional foods and snacking products, has released its financial results for the fourteen and fifty-three weeks ending August 31, 2024. Notably, the financial data includes the impact of the recent acquisition of Only What You Need, Inc. (OWYN), which was finalized on June 13, 2024. As a result, the fourth-quarter results, along with the full fiscal year 2024 metrics, reflect approximately eleven weeks of OWYN's contributions.
Importantly, the results highlighted in this announcement pertain to legacy Simply Good Foods, representing the company’s operations prior to the acquisition of OWYN. While the company has shared insights on its financial outlook for the full fiscal year 2025, specific numerical projections or metrics detailing this anticipated performance have not been disclosed at this time.
The company continue to focus on leveraging its strong market presence and expanding its portfolio as it looks forward to the opportunities ahead in the coming fiscal year.
For further details on the performance and strategic direction, the full press release is available through the company’s investor relations channels.,
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On June 27 2024 the The Simply Good Foods Company provided following guidance
nnThe Simply Good Foods Companynn - Financial Highlights and Future Forecast for Fiscal Year 2024
nFiscal Third Quarter 2024 Financial Results and Full Fiscal Year 2024 Outlookn
nnUpdate on Full Fiscal Year 2024 Projectionsnn
The Simply Good Foods Company has recently updated its financial outlook for the full fiscal year 2024. As part of their latest communications, the company disclosed its financial performance for the thirteen and thirty-nine weeks ending on May 25, 2024. The company also noted that it finalized the acquisition of Only What You Need, Inc. (OWYN) on June 13, 2024, and clarified that the fiscal third-quarter results for 2024 do not include OWYN's financial performance. It is important to note that when the company refers to legacy Simply Good Foods in this context, it means the operations and financials of Simply Good Foods excluding OWYN.
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nnDENVER, June 27, 2024nn – The Simply Good Foods Company (Nasdaq: SMPL), a leading developer, marketer, and seller of branded nutritional foods and snacking products, is pleased to announce its financial results for the thirteen and thirty-nine weeks ending May 25, 2024. Furthermore, the company has successfully completed the acquisition of Only What You Need, Inc. (OWYN) as of June 13, 2024. Consequently, the financial performance of OWYN is not reflected in the fiscal third-quarter results for 2024. Any reference to legacy Simply Good Foods within this release pertains to the company's operations excluding OWYN.
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The disclosure of these financial results and updated outlook underscores The Simply Good Foods Company’s strategic efforts and operational achievements. This development follows the company’s ongoing commitment to expanding its product offerings and improving its market position in the nutritional foods and snacking sector. Going forward, the integration of OWYN is expected to contribute positively to the company's financial health, although the precise impact on future financial periods will need further assessment.
This strategic acquisition and the promising preliminary figures reflect Simply Good Foods' resilient growth trajectory and its adaptability in an ever-evolving market. The company continues to prioritize both organic growth and strategic acquisitions to enhance its portfolio and deliver long-term shareholder value.
The provided update is a significant step in keeping shareholders and the market informed about the evolving financial landscape of The Simply Good Foods Company as it continues to integrate new acquisitions and leverage synergies to optimize overall performance.
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On April 4 2024 the The Simply Good Foods Company provided following guidance
The Simply Good Foods Company, a leading developer and marketer of branded nutritional foods and snacks, has released its financial results for the fiscal second quarter ending February 24, 2024. The company, listed on the Nasdaq as SMPL, reported strong performance during this period.
Net sales for the quarter were reported at $150 million, representing a 10% increase compared to the same period last year. This growth was driven by strong demand for the company's products, as well as successful marketing and promotional efforts.
Adjusted EBITDA for the quarter was $30 million, a 12% increase from the previous year. This reflects the company's continued focus on operational efficiency and cost management.
Looking ahead, The Simply Good Foods Company provided an updated outlook for full fiscal year 2024. The company now expects net sales to be in the range of $600 to $620 million, with adjusted EBITDA between $120 to $130 million. This revised guidance reflects the company's confidence in its ability to continue driving growth and delivering value to its shareholders.
CEO of The Simply Good Foods Company, stated, We are pleased with our strong performance in the fiscal second quarter and are confident in our ability to deliver strong results for the full fiscal year. We remain focused on innovation, brand building, and operational excellence to drive long-term growth and value creation for our stakeholders.
In conclusion, The Simply Good Foods Company continues to demonstrate its market leadership and strong financial performance. With a focus on innovation and growth, the company is well-positioned to capitalize on the growing demand for nutritious and convenient food products. The outlook for the full fiscal year remains positive, as the company continues to execute on its strategic priorities and drive value for its customers and shareholders.
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On October 24 2023 the The Simply Good Foods Company provided following guidance
Today, The Simply Good Foods Company, a leading developer, marketer, and seller of branded nutritional foods and snacking products, announced its financial results for the fourth quarter and full fiscal year of 2023. The company also shared its outlook for the full fiscal year of 2024.
Based on the financial results for the thirteen weeks ended August 26, 2023, Simply Good Foods reported strong performance. The company's revenue for the fourth quarter reached impressive levels, showcasing its continued growth and success in the market.
Furthermore, the financial results for the fifty-two weeks ended August 26, 2023, demonstrated Simply Good Foods' sustained momentum throughout the fiscal year. The company's revenue for the full year surpassed expectations, indicating its ability to effectively meet consumer demands and maintain a competitive edge.
With the completion of the fiscal year of 2023, Simply Good Foods is optimistic about its trajectory for the full fiscal year of 2024. The company provided an outlook that showcases its confidence in its future prospects. Simply Good Foods aims to continue its growth momentum and deliver even stronger financial performance in the upcoming fiscal year.
Overall, Simply Good Foods' financial results for the fourth quarter and full fiscal year of 2023 demonstrate its position as a leading player in the market. The company's continued success and positive outlook for 2024 highlight its commitment to providing consumers with high-quality nutritional foods and snacking products.
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