NASDAQ$SMPL

The Simply Good Foods Company · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Reported financial results for Q1 2025 and reaffirmed fiscal year 2025 outlook.

Simply Good Foods reported a net sales increase of 10.6% to $341.3 million, driven primarily by the OWYN acquisition. The company's gross margin improved, leading to Adjusted EBITDA growth of 13.1%. They reaffirmed their fiscal year 2025 outlook, expecting continued growth.

  • Net sales increased to $341.3 million, up from $308.7 million.
  • Net income rose to $38.1 million compared to $35.6 million.
  • Earnings per diluted share increased to $0.38 from $0.35.
  • Adjusted EBITDA grew to $70.1 million, compared to $62.0 million.

Headline financials

Total Revenue

$341M

Previous: $309M+10.6%
EPS (adj)

$0.49

Previous: $0.35+40.0%
Adjusted EBITDA

$70.1M

No prior period
Gross Margin

38.2%

No prior period
Capital Expenditures

-$307K

Previous: -$744K+58.7%
Net Income

$38.1M

Previous: $35.6M+7.1%
Operating Income

$54.6M

Previous: $51.8M+5.4%
Gross Profit

$131M

Previous: $115M+13.4%
Stock-Based Comp

$3.84M

Previous: $4.17M-7.8%

Revenue & EPS history

Simply Good Foods · Revenue · Quarterly

$341M

Q1 2025+10.6%vs Q1 2024
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Simply Good Foods · $231M total across 2 segments · Q1 2021

  • Atkins
    $135M
  • Quest
    $95.8M

Forward guidance

The Company reaffirms its fiscal year 2025 outlook due to solid retail takeaway, visibility into second quarter orders and strong Adjusted EBITDA growth.

Tailwinds

  • Net Sales expected to increase 8.5% to 10.5%
  • OWYN fiscal year 2025 Net Sales expected to be in the $135-145 million range
  • Adjusted EBITDA expected to increase 4% to 6%
  • Strong advertising and marketing plans in place
  • Innovation, merchandising and promotions that should enable it to achieve its objectives

Headwinds

  • The fifty-third week in fiscal year 2024 comparison year is about a 2-percentage point headwind to both Net Sales and Adjusted EBITDA growth in fiscal year 2025
  • Company expects input cost inflation in fiscal year 2025
  • Higher employee-related costs
  • Corporate expenses
  • One-time costs related to the OWYN acquisition

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.5%

Avg return

Earnings day

-0.3%

Avg return

5 days after

+1.6%

Avg return

30 days after

51%

18 / 35 earnings

Positive

+16.8%

Q4 2022

Best reaction

-17.5%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026
Q2 2026-0.3%-21.0%-14.9%
Q1 2026+6.7%+9.8%-10.5%
Q4 2025-17.5%-20.8%-19.2%
Q3 2025-2.9%-3.9%-14.7%
Q2 2025+9.2%+13.2%+7.9%
Q1 2025-6.5%-6.2%+0.3%
Q4 2024+3.8%+4.7%+21.0%
Q3 2024-0.1%-1.0%-6.6%
Q2 2024-1.2%+0.6%+14.6%
Q1 2024+3.8%+4.4%-4.3%
Q4 2023+11.3%+11.6%+21.7%
Q3 2023+5.8%+6.0%+10.1%
Q2 2023-5.9%-4.5%-2.2%
Q1 2023-7.2%-5.4%-5.6%
Q4 2022+16.8%+15.8%+17.8%
Q3 2022-5.8%-8.9%-20.8%
Q2 2022+10.1%+6.3%-0.2%
Q1 2022-8.0%-11.1%-16.1%
Q4 2021+13.1%+13.3%+13.7%
Q3 2021+2.7%+1.5%+2.7%
Q2 2021+1.9%+4.6%+12.0%
Q1 2021-1.2%-3.3%-6.0%
Q4 2020-4.3%-11.1%+6.2%
Q3 2020+0.6%+2.0%+15.1%
Q2 2020-9.3%-15.9%-3.1%
Q1 2020-13.7%-12.4%-16.9%
Q4 2019+1.7%+1.5%+17.0%
Q3 2019+7.2%+11.5%+7.3%
Q2 2019+3.8%+1.5%+2.1%
Q1 2019+1.0%+0.1%+2.5%
Q4 2018-8.7%-11.0%+1.2%
Q3 2018+12.5%+13.7%+14.5%
Q2 2018-0.2%+1.2%+6.5%
Q1 2018+0.2%+4.5%+7.4%
Q4 2017-0.3%-0.3%-6.0%
Q3 2017
Q2 2016
Q1 2016
Q4 2016
Q3 2016

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