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The Simply Good Foods Company  (SMPL)
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The Simply Good Foods Company

SMPL's Financial Statements and Analysis



The Simply Good Foods Company reported in the first quarter of 2024 net earnings per share of $0.35 a decrease by -2.78 % year on year from $0.36 and decline of -4.75 % from $0.37 earned in IV. Quarter (Aug 26 2023).


first quarter of 2024
Earnings Per Share Revenues
$ 0.35 $  308 Mill
$-0.01     -2.78 % $+7M     +2.41 %



The Simply Good Foods's Revenue rose by 2.41 % in first quarter of 2024 (Nov 25 2023) year on year, to $308 million and declined by -3.76 % sequentially.


The Simply Good Foods is Expected to report next financial results on April 04, 2024.

More on SMPL's Income Statement



The Simply Good Foods's net income of $35.561 million in the first quarter of 2024 decreased by -0.83 % from net earnings of $35.860 million achieved in I. Quarter a year ago.

Sequentially net earnings fell by -2.95 % from net income of $36.642 million realized in previous quarter.

More on SMPL's Growth

The Simply Good Foods Inventories
Inventories declined by -0.76 % to $123.18 million from I. Quarter a year ago, sequentially inventories rose by 5.65 %. SMPL's Cash flow In the first quarter of 2024 company's net cash flow was $34 million, capital expenditures grew by -1.238-35.38%, to $-1 millions compare to same quarter a year ago

More on SMPL's Cash flow Statement


The Simply Good Foods Company does not pay out common stock dividend.

In trailing twelve-month period The Simply Good Foods Company earned $ 2.08 cash per share, on a free-cash flow basis 157.31 % of net earning per share.

Book value grew by 2.40 % sequentially to $15.90 per share, 103.93% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ -0.40 per share from $ -0.79.

Company repurchased 0.10 million shares or 0.10 % in Nov 25 2023.
Interest Coverage Ratio was 7.61. Debt Coverage Ratio was 0.66.

More on SMPL's Dividends

 Market Capitalization (Millions) 3,397
 Shares Outstanding (Millions) 101
 Total Debt (Millions $) 272
 Revenue (TTM) (Millions $) 1,250
 Net Income (TTM) (Millions $) 133
 Cash Flow (TTM) (Millions $) 67
 Capital Exp. (TTM) (Millions $) -12
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 150




The Simply Good Foods Company does not pay out common stock dividend.

In trailing twelve-month period The Simply Good Foods Company had $ 2.08 cash flow per share, on a free-cash flow basis 157.31 % of net earning per share.

Book value grew by 2.40 % sequentially to $15.90 per share, 103.93% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ -0.40 per share from $ -0.79.

Company repurchased 0.10 million shares or 0.10 % in Nov 25 2023.
Interest Coverage Ratio was 7.61. Debt Coverage Ratio was 0.66.

More on SMPL's Balance Sheets

 Market Capitalization (Millions) 3,397
 Shares Outstanding (Millions) 101
 Total Debt (Millions $) 272
 Revenue (TTM) (Millions $) 1,250
 Net Income (TTM) (Millions $) 133
 Cash Flow (TTM) (Millions $) 67
 Capital Exp. (TTM) (Millions $) -12
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 150
   


  News about The Simply Good Foods Company Earnings

Mixed Results for The Simply Good Foods Company as Revenue Rises, but Earnings Decline in Q1 of 2024 Earnings Season

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 th...

Impressive Double-Digit Growth Steers SMPL Towards Success in Latest Fiscal Period

...

Simply Good Foods Company Reports 2.61% Revenue Uplift Despite 7.89% Income Contraction for Fiscal Period Ending May 27, 2023

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...


Date modified: 2024-01-05T13:33:30+00:00





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