---
schema_version: "secwatch.filing_event.v1"
accession: "0001702744-22-000003"
form_type: "8-K"
ticker: "SMPL"
cik: "0001702744"
company_name: "Simply Good Foods Co"
filed_at: "2022-01-05T23:59:59+00:00"
generated_at: "2026-06-27T20:39:04.469686+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Simply Good Foods Q1 net sales +21.7%; ups FY22 sales outlook to 12-14% but sees 250bps gross margin contraction

## Summary
- Net sales $281.3M (+21.7%); Atkins & Quest retail takeaway +7.7% and +36.2% in measured channels.
- GAAP EPS $0.22 (vs $0.23); adjusted diluted EPS $0.43 (vs $0.29); adjusted EBITDA $65.6M (+34.7%).
- Raises FY22 net sales growth outlook from 8-10% to 12-14%; gross margin now expected to contract ~250bps (vs modest contraction previously).
- FY22 Adjusted EBITDA now seen increasing slightly less than net sales (previously slightly greater); supply chain cost inflation persists.
- Term loan repaid $25M; net debt to adjusted EBITDA 1.8x; cash $35.4M as of Nov 27, 2021.

## SEC filing metadata
- accession: 0001702744-22-000003
- form_type: 8-K
- ticker: SMPL
- cik: 0001702744
- company_name: Simply Good Foods Co
- filed_at: 2022-01-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1702744/000170274422000003/0001702744-22-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1702744/000170274422000003/atk-20220105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001702744-22-000003
- JSON: https://secwatch.observer/filing/0001702744-22-000003.json
- Plain text: https://secwatch.observer/filing/0001702744-22-000003.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.