secwatch.observer — SEC 8-K summary
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Issuer:     Simply Good Foods Co (SMPL)
CIK:        0001702744
Form:       8-K
Filed at:   2022-10-21T23:59:59+00:00
Accession:  0001702744-22-000069
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Simply Good Foods beats Q4 estimates; FY2023 net sales growth seen above 4-6%
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- Q4 net sales $274.2M (+5.5% YoY); net income $30.1M vs $18.2M; adj. EPS $0.36 vs $0.29.
- Full-year FY2022 net sales $1,168.7M (+16.2%); adj. EBITDA $234.0M (+12.9%).
- FY2023 outlook: net sales growth slightly above 4-6% long-term algo; adj. EBITDA growth in line.
- Board increased share repurchase authorization by $50M; total available ~$71.5M as of Oct 19.
- FY2022 operating cash flow $110.6M; net debt/adj. EBITDA 1.4x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702744/000170274422000069/0001702744-22-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702744/000170274422000069/atk-20221021.htm
  HTML page:      https://secwatch.observer/filing/0001702744-22-000069

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer