secwatch.observer — SEC 8-K summary
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Issuer:     Simply Good Foods Co (SMPL)
CIK:        0001702744
Form:       8-K
Filed at:   2021-07-01T23:59:59+00:00
Accession:  0001702744-21-000070
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Simply Good Foods Q3 net sales up 32% to $284M; raises FY21 outlook
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- Adjusted Diluted EPS $0.43 vs $0.26 YoY; GAAP EPS $0.06 due to $35.8M non-cash warrant charge.
- Adjusted EBITDA rose 55.6% to $67.5M; net income $5.9M vs $48.1M.
- FY21 net sales guidance raised to $995-1,005M (prev. $930-940M); Adj. EBITDA guidance raised to $200-205M.
- Company announced price increase effective Sept. 2021 to offset higher raw material and freight costs.
- Net sales growth driven by strong Atkins and Quest performance; bar resurgence exceeded expectations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702744/000170274421000070/0001702744-21-000070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702744/000170274421000070/atk-20210701.htm
  HTML page:      https://secwatch.observer/filing/0001702744-21-000070

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