secwatch.observer — SEC 8-K summary
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Issuer:     Simply Good Foods Co (SMPL)
CIK:        0001702744
Form:       8-K
Filed at:   2022-06-30T23:59:59+00:00
Accession:  0001702744-22-000041
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Simply Good Foods Q3 net sales +11.5% to $316.5M, EPS $0.38; raises FY sales guidance to 14-15%
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- Net income $38.8M ($0.38 diluted EPS) vs $5.9M ($0.06) in prior year which included a $35.8M warrant charge.
- Adjusted diluted EPS $0.44 vs $0.43; Adjusted EBITDA $63.3M vs $67.5M.
- FY2022 net sales growth guidance raised to 14-15% (previously 13-15%); gross margin decline ~250 bps reaffirmed.
- U.S. retail takeaway grew ~15% combined measured+unmeasured; Atkins +6%, Quest +26%.
- Repaid $25M term loan; repurchased $8.1M of stock at avg $37.16; $69.3M remaining under buyback authorization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702744/000170274422000041/0001702744-22-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702744/000170274422000041/atk-20220630.htm
  HTML page:      https://secwatch.observer/filing/0001702744-22-000041

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