The Simply Good Foods Company (SMPL) |
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Price: $33.3800
$-0.19
-0.566%
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Day's High:
| $33.825
| Week Perf:
| -1.18 %
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Day's Low: |
$ 32.88 |
30 Day Perf: |
-6.05 % |
Volume (M): |
1,488 |
52 Wk High: |
$ 43.00 |
Volume (M$): |
$ 49,683 |
52 Wk Avg: |
$36.90 |
Open: |
$33.36 |
52 Wk Low: |
$31.06 |
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Market Capitalization (Millions $) |
3,375 |
Shares
Outstanding (Millions) |
101 |
Employees |
150 |
Revenues (TTM) (Millions $) |
1,250 |
Net Income (TTM) (Millions $) |
133 |
Cash Flow (TTM) (Millions $) |
67 |
Capital Exp. (TTM) (Millions $) |
12 |
The Simply Good Foods Company
Simply Good Foods is a developer, marketer and seller of branded nutritional foods
and snacking products. Our highly-focused product portfolio consists primarily
of nutrition bars, ready-to-drink (“RTD”) shakes, snacks and confectionery
products marketed under the Atkins®, SimplyProtein®, and Atkins Endulge®
brand names. Our goal is to lead the nutritious snacking movement with trusted
brands that offer a variety of convenient, innovative, great-tasting, “better-for-you”
snacks and meal replacements. Over the past 45 years, Atkins has become an iconic
American brand that for many consumers stands for “low carb,” “low
sugar” and “protein rich” nutrition. The Atkins approach focuses
on a healthy nutritional approach with reduced levels of refined carbohydrates
and sugars and encourages the consumption of lean protein, fiber, fruits, vegetables
and healthy fats.
In our core Atkins snacking business, we strive to offer a complete line of
nutrition bars, RTD shakes and confections that satisfy hunger while providing
consumers with a convenient, “better-for-you” snacking alternative.
Our sales, marketing and R&D capabilities enable us to distribute products
into a national customer base across the mass merchandiser, grocery, drug, club
stores, e-commerce, and small format retail such as convenience and gas station.
We believe that Atkins’ broad brand recognition, our depth of management
talent and strong cash generation position us to continue to innovate in the
Atkins brand and acquire other brands, and thereby become an industry leading
snacking platform. To that end, in December 2016, Atkins completed the acquisition
of Wellness Foods, Inc. (“Wellness Foods”), a Canada-based developer,
marketer and seller of the SimplyProtein® brand that is focused on protein-rich
and low-sugar products. On August 21, 2019, we announced that we entered into
a definitive agreement to acquire Quest Nutrition, LLC, a healthy, lifestyle
food brand. See “Recent Developments” for additional information
on the Acquisition.
We believe snacking occasions are on the rise as consumers crave convenient,
healthy and delicious foods, snacks and meal replacements for their on-the-go
lifestyles. We believe our emphasis on nutrition bars and RTD shakes positions
us to capitalize on consumers’ busy schedules. We believe a number of
existing and emerging consumer trends within the U.S. food and beverage industry
will continue to both drive the growth of the nutritional snacking category
and increase the demand for our product offerings. Some of these trends include
increased consumption of smaller, more frequent meals throughout the day, consumers’
strong preference for convenient, “better-for-you” snacks, consumers’
greater focus on health and wellness, and consumers’ moves toward controlling
carbohydrate and sugar consumption, as well as the trend of consumers seeking
to add convenient sources of protein and fiber to their diets.
Company Address: 1225 17th Street, Suite 1000 Denver 80202 CO
Company Phone Number: 633-2840 Stock Exchange / Ticker: NASDAQ SMPL
SMPL is expected to report next financial results on April 04, 2024. |
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Customers Net Income grew by |
SMPL's Customers Net Profit Margin grew to |
9.9 % |
3.63 %
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Stock Performances by Major Competitors |
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The Simply Good Foods Company
The first quarter of the 2024 earnings season has shown some mixed results for The Simply Good Foods Company (SMPL). Despite a revenue advance of 2.406%, the company experienced a decline in income of -2.78% compared to the corresponding reporting period a year before. Revenue for the first quarter was reported at $308.12 million, with earnings per share (EPS) at $0.35. While the company's performance was unexpected, it outperformed many other food processing industries, which saw a decline of -5.98% in revenue. However, when compared to the prior reporting period, income per share decreased by -4.75% from $0.37 per share, and revenue decreased by -3.763% from $320.17 million. The bottom-line for the first quarter of the 2024 earnings season was $35.561 million, a -0.83% decrease from $35.860 million in the corresponding period a year before. The Simply Good Foods Company focused on improving sales during this quarter, resulting in a net margin of 11.54%. Although the company's stockpiles have increased to $123.2 million due to the seasonal nature of its business, they remain below the previous year's level of $124.1 million. Operating earnings fell by -1.28% to $51.82 million, leading to a squeeze in the company's operating margin from 17.45% in the first quarter of 2023 to 16.82%.
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The Simply Good Foods Company
The stock market has recently been buzzing with excitement as the Food Processing company, The Simply Good Foods Company (SMPLsn), delivered impressive results in its most recent fiscal period. With notable revenue and earnings improvements, investors are eagerly considering the potential for growth and profitability in this sector. During the most recent fiscal period, The Simply Good Foods Company saw an impressive 16.779% increase in revenue, reaching $320.17 million. Comparatively, the rest of the Food Processing sector only achieved a 4.25% improvement in revenue during the same period. This impressive revenue growth clearly demonstrates how SMPLsn has outpaced its contemporaries in the sector.
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The Simply Good Foods Company
The Simply Good Foods Company, a leading health food company, recently released its financial results for the fiscal time-frame ending May 27, 2023. While the company achieved a revenue improvement of 2.61%, reaching $324.79 million, this growth was not sufficient to prevent a contraction in income of -7.89% compared to the previous year. Earnings per share (EPS) stood at $0.35. In comparison to the equivalent reporting period a year ago, profitability grew significantly by 40%, with EPS increasing from $0.25 per share. Additionally, revenue advanced by 9.511%, climbing to $296.58 million. However, in the third quarter of the 2023 earnings season, net income declined by -8.76%, falling to $35.431 million, compared to $38.834 million in the corresponding period the prior year.
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Per Share |
Current |
Earnings (TTM) |
1.32 $ |
Revenues (TTM) |
12.36 $
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Cash Flow (TTM) |
0.67 $ |
Cash |
1.2 $
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Book Value |
15.9 $
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Dividend (TTM) |
0 $ |
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Per Share |
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Earnings (TTM) |
1.32 $
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Revenues (TTM) |
12.36 $ |
Cash Flow (TTM) |
0.67 $ |
Cash |
1.2 $
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Book Value |
15.9 $ |
Dividend (TTM) |
0 $ |
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