SMPL - The Simply Good Foods Company
| Previous Close | 25.15 |
| Open | 25.44 |
| Bid | 26.03 x 3200 |
| Ask | 26.50 x 3000 |
| Day's Range | 25.27 - 26.17 |
| 52 Week Range | 16.55 - 31.34 |
| Volume | 1,505,782 |
| Avg. Volume | 1,005,773 |
| Market Cap | 2.481B |
| Beta (3Y Monthly) | 0.66 |
| PE Ratio (TTM) | 46.50 |
| EPS (TTM) | 0.56 |
| Earnings Date | Oct 29, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 30.50 |
- GlobeNewswire
The Simply Good Foods Company Completes Acquisition of Quest Nutrition
The Simply Good Foods Company (SMPL) (“Simply Good Foods,” or the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products, today announced that it has completed the acquisition of Quest Nutrition, LLC (“Quest”), a healthy lifestyle food company, which was previously announced on August 21, 2019. The pairing of Simply Good Foods’ Atkins® brand and the Quest® brand unites well-established brands with attractive growth profiles that results in a leading nutritional snacking company with combined estimated annual net sales of nearly $900 million and strong operating margins. This combination positions Simply Good Foods to continue to benefit from consumer mega trends related to healthy eating and better nutrition as the great-tasting Atkins and Quest products offer consumers a smart and convenient approach to healthier snacking.
- Zacks
Simply Good Foods (SMPL) Q4 Earnings Lag Estimates
Simply Good Foods (SMPL) delivered earnings and revenue surprises of -56.25% and 0.90%, respectively, for the quarter ended August 2019. Do the numbers hold clues to what lies ahead for the stock?
- GlobeNewswire
The Simply Good Foods Company Reports Fourth Quarter and Full Year 2019 Financial Results; Provides 2020 Outlook
DENVER, Oct. 29, 2019 -- The Simply Good Foods Company (Nasdaq: SMPL) (“Simply Good Foods,” or the “Company”), a developer, marketer and seller of branded nutritional foods and.
- Zacks
Food Stocks Queued Up for Earnings: MDLZ, K, SMPL & BGS
Rising commodity and logistics costs are likely to have dented quarterly performance of most companies in the food space. Nevertheless, cost-saving efforts are expected to have offered some respite.
- Insider Monkey
Hedge Funds Are Buying The Simply Good Foods Company (SMPL)
We can judge whether The Simply Good Foods Company (NASDAQ:SMPL) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There's no better way to get these firms' immense resources and analytical capabilities working for us than to follow their lead into […]
- Moody's
Atkins Nutritionals Holdings, Inc. -- Moody's confirms Atkins' B1 CFR following acquisition of Quest Nutrition; outlook stable
Moody's Investors Service ("Moody's") confirmed Atkins Nutritionals Holdings, Inc.'s ("Atkins") B1 Corporate Family Rating (CFR), B1-PD Probability of Default rating, as well as the B1 ratings on the upsized senior secured first-lien credit facility. The confirmations conclude the review for downgrade initiated on August 22, 2019 after Atkins announced the acquisition of Quest Nutrition, LLC ("Quest") for $1.0 billion in cash.
- Zacks
The Simply Good Foods Company Enters Oversold Territory
The Simply Good Foods Company has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.
- GlobeNewswire
Simply Good Foods to Report Fiscal Fourth Quarter and Full Year 2019 Financial Results on Tuesday, October 29, 2019
DENVER, Oct. 11, 2019 -- The Simply Good Foods Company (NASDAQ: SMPL) (“Simply Good Foods” or the “Company”), a developer, marketer and seller of branded nutritional foods and.
- GuruFocus.com
3 Major Indexes Are Positive on Monday
Simply Good Foods updates full-year guidance Continue reading...
- MarketWatch
UPDATE: Simply Good Foods raises FY19 sales outlook, to sell 13.4 million shares
Simply Good Foods Co. said Monday it now expects its fiscal 2019 sales to be "slightly greater" than the guidance it provided in its third-quarter earnings release. The Denver-based maker of nutrition bars, snacks and shakes under the SimplyProtein and Atkins brands, said on July 2 it expected full-year sales growth to be similar to the 18.9% growth seen in the nine-month period. "As previously discussed, fiscal 2019 results include the benefit of a fifty-third week which the Company believes is approximately a 2% benefit to fiscal 2019 net sales growth," the company said in a statement. Separately, the company said it plans to offer 13.4 million shares in an underwritten deal to help finance the acquisition of Quest Nutrition LLC. Goldman Sachs is sole underwriter on the deal. Shares rose 0.6% in premarket trade and have gained 44% in 2019, while the S&P 500 has gained 18%.
- GlobeNewswire
The Simply Good Foods Company Announces Offering of Common Stock
The Simply Good Foods Company (SMPL) (the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products, announced today that it intends to offer in an underwritten public offering 13,379,205 shares of the Company’s common stock (the “Offering”). The Company intends to use the net proceeds from the Offering to pay a portion of the purchase price and related fees and expenses for its previously announced acquisition of Quest Nutrition, LLC, or for general corporate purposes if the acquisition is not consummated. Goldman Sachs & Co. LLC is acting as sole underwriter for the Offering.
- GlobeNewswire
Simply Good Foods Updates Full Year 2019 Outlook
The Simply Good Foods Company (SMPL) (“Simply Good Foods,” or the “Company”), a developer, marketer and seller of branded nutritional snacking and meal replacement products, today announced that it anticipates net sales and Adjusted EBITDA1 for the 53 weeks ended August 31, 2019, to be slightly greater than the outlook the Company provided in its fiscal third quarter earnings release. Specifically, on July 2, 2019, the Company anticipated that full year fiscal 2019 net sales and Adjusted EBITDA1 growth would be similar to the nine-month year-to-date percentage increases of 18.9% and 23.3%, respectively. As previously discussed, fiscal 2019 results include the benefit of a fifty-third week which the Company believes is approximately a 2% benefit to fiscal 2019 net sales growth.
- Simply Wall St.
Should You Be Concerned About The Simply Good Foods Company's (NASDAQ:SMPL) ROE?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
- Zacks
Simply Good Foods (SMPL) Stock Moves -0.31%: What You Should Know
In the latest trading session, Simply Good Foods (SMPL) closed at $28.72, marking a -0.31% move from the previous day.
- Zacks
Simply Good Foods (SMPL) Dips More Than Broader Markets: What You Should Know
Simply Good Foods (SMPL) closed the most recent trading day at $29.72, moving -1.33% from the previous trading session.
- Simply Wall St.
How Many The Simply Good Foods Company (NASDAQ:SMPL) Shares Have Insiders Sold, In The Last Year?
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...
- Benzinga
Wells Fargo Initiates Bullish Rating On Simply Good Foods
Given its portfolio of low-carb and low-sugar snacking options, Simply Good Foods Co (NASDAQ: SMPL ) is well-positioned to benefit from favorable U.S. dietary and wellness trends, according to Wells Fargo. ...
- Zacks
Simply Good Foods (SMPL) Stock Sinks As Market Gains: What You Should Know
Simply Good Foods (SMPL) closed the most recent trading day at $29.63, moving -1.3% from the previous trading session.
- Moody's
Atkins Nutritionals Holdings II, Inc. -- Moody's puts Atkins' ratings on review for downgrade based on plan to acquire Quest Nutrition
Moody's Investors Service ("Moody's") placed Atkins Nutritionals Holdings, Inc.'s ("Atkins") B1 Corporate Family Rating, B1-PD Probability of Default Rating, and B1 senior secured first-lien credit facility ratings on review for downgrade following the company's announcement that it has entered into a definitive agreement to acquire Quest Nutrition, LLC ("Quest") for $1.0 billion in cash. The transaction is subject to regulatory approvals and Atkins expects it to close by the end of 2019.
- Yahoo Finance
Companies to Watch: Hormel has strong quarter, Simply Good Foods makes an acquisition, concerns over PG&E
Hormel, Simply Good Foods, PG&E, JPMorgan Chase and Qantas are the companies to watch.
- Benzinga
Simply Good Foods Company To Acquire Quest Nutrition For $1B In Cash
The Simply Good Foods Company (NASDAQ: SMPL) announced it will acquire Quest Nutrition, LLC, for $1 billion in cash, or approximately $870 million net of tax benefits, on a cash-free and debt-free basis. The Simply Good Foods Company is a developer, marketer and seller of branded nutritional foods and snacking products and Quest Nutrition is a healthy lifestyle food company. “The acquisition of Quest strengthens Simply Good Foods’ position within the nutritional snacking category by expanding our portfolio of brands and product offerings while also providing us with greater consumer and channel diversification,” said Joseph Scalzo, CEO of Simply Good Foods in a statement.
- MarketWatch
Quest Nutrition, maker of protein bars and other snacks, to be acquired for $1 billion in cash
The Simply Good Food Co. , a company known for its Atkins-branded low-carb foods, has agreed to purchased protein-bar company Quest Nutrition LLC for $1 billion in cash. Quest is known for its protein bars, but also offers chips, cookies, pizzas and other foods with added protein, as well as protein powder. Simply Good Chief Executive Joseph Scalzo said in the announcement that the deal "delivers on our strategy to become a broader nutritional snacking company." Simply Good said that Quest expects annual revenue of $345 million and adjusted Ebitda of $50 million this year, and is expected to be accretive to cash earnings per share this year. Simply Good's board has approved the acquisition, which will be funded with $225 million in cash on its balance sheet and financing from Barclays, Credit Suisse and Goldman Sachs. Simply Good hopes the deal will close by the end of the year, and expects $20 million in "synergies" over the next three years.
