Simply Good Foods Co (OQ:SMPL)
Business Focus: Special Foods & Welbeing Products
| Sector: Consumer Non-Cyclicals | Industry: Food Processing |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 1225 17th St Ste 1000 DENVER CO 80202-5599 |
| Tel: | N/A |
| Website: | https://www.thesimplygoodfoodscompany.com |
| IR: | See website |
| Key People | ||
| Geoff E. Tanner President, Chief Executive Officer, Director | Linda M. Zink Chief Marketing Officer, Chief Growth Officer | Joseph E. Scalzo Executive Vice Chairman of the Board |
| Shaun P. Mara Chief Financial Officer | Susan K. Hunsberger Chief Human Resource Officer, Senior Vice President | Stuart E. Heflin Senior Vice President, General Manager - Quest Marketing |
| Ryan Thomas Senior Vice President, General Manager - Atkins Marketing | David L. Wallis Senior Vice President - Operations | Timothy A. Matthews Chief Accounting Officer, Vice President, Controller | Jill Short Clark Chief Customer Officer |
| Business Overview |
| The Simply Good Foods Company is a consumer-packaged food and beverage company. The Company's product portfolio consists primarily of protein bars, ready-to-drink (RTD) shakes, sweet and salty snacks, and confectionery products marketed under the Atkins, Quest, and OWYN brands. The Company's nutritious snacking platform consists of brands that specialize in providing products for consumers that follow certain nutritional philosophies and health-and-wellness trends. The Quest brand is for consumers seeking a variety of protein-rich foods and beverages that also limit sugars and simple carbs. The Atkins brand is for those following a low-carb lifestyle. The OWYN brand offers RTD protein shakes. Its core Quest brand products consist of protein bars, cookies, salty snacks, and confections. Its core Atkins brand products consist of protein bars, RTD shakes, confections, cookies, and chips. The Company distributes its products in various retail channels, primarily in North America. |
| Financial Overview |
| For the 26 weeks ended 24 February 2024, Simply Good Foods Co revenues increased 4% to $620.9M. Net income increased 12% to $68.7M. Revenues reflect United States segment increase of 4% to $604.6M, International segment increase of 6% to $16.3M. Net income benefited from Interest Expense - Balancing value decrease of 25% to $11.6M (expense), Interest income increase from $253K to $2M (income). |
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