NASDAQ$SMPL
The Simply Good Foods Company · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Simply Good Foods' Q4 2020 financial results were reported, showing significant growth driven by the Quest acquisition, despite challenges from the COVID-19 pandemic.
Simply Good Foods reported a 59.7% increase in net sales for Q4 2020, driven by the Quest acquisition. Net income increased by 104.0% to $12.4 million. The company is optimistic about long-term growth but acknowledges uncertainty due to the ongoing pandemic.
- Net sales increased by 59.7% due to the Quest acquisition.
- Net income increased by 104.0% to $12.4 million.
- Quest net sales exceeded expectations, with mid-single-digit percentage growth.
- Atkins net sales declined by 8.0%, but performed better than internal forecasts.
Headline financials
Revenue & EPS history
Simply Good Foods · Revenue · Quarterly
$222M
Revenue by segment
Simply Good Foods · $231M total across 2 segments · Q1 2021
- Atkins$135M—58.6%
- Quest$95.8M—41.4%
Forward guidance
The company anticipates first half of fiscal 2021 net sales will be in the $425-435 million range and Adjusted EBITDA in the $77-82 million range.
Tailwinds
- Remain on track to achieve the Quest acquisition synergies
- Confident in our business model and long-term growth prospects
- Consumer shopping behavior will return to normal and consumption will improve
- Brand benefits of active nutrition and weight management will drive more better-for-you snacking and meal replacement usage occasions.
- Executing against our strategies and are positioned for long-term sustainable net sales and earnings growth
Headwinds
- Uncertainty related to when consumption behavior and shopping trips will return to normal levels, particularly in the mass market retail channel.
- The unknown duration of these challenges make it difficult to provide a full-year fiscal 2021 outlook at this time.
- Divestiture of the SimplyProtein® brand will be a slight headwind to net sales growth.
- Retail takeaway will be somewhat similar to current trends
- Full year gross margin to be about the same as last year
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 Q4 2020
+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
| Quarter | Report date | Reaction (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 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro