---
schema_version: "secwatch.filing_event.v1"
accession: "0001702744-23-000005"
form_type: "8-K"
ticker: "SMPL"
cik: "0001702744"
company_name: "Simply Good Foods Co"
filed_at: "2023-01-05T23:59:59+00:00"
generated_at: "2026-06-20T19:43:51.807490+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Simply Good Foods Q1 net sales +7% to $300.9M, Adj. EBITDA $60.8M vs $65.6M; reaffirms FY outlook

## Summary
- Net sales $300.9M (+7.0%); net income $35.9M vs $21.2M; Diluted EPS $0.36 vs $0.22.
- Adjusted Diluted EPS $0.42 vs $0.43; Adjusted EBITDA $60.8M vs $65.6M.
- Gross margin 36.9% (down 450bps) due to logistics and contract manufacturer cost overruns.
- Reaffirmed FY2023: net sales slightly above 4-6% growth; Adj. EBITDA in line with net sales growth rate.
- Repurchased $16.4M in common stock at avg $30.11; repaid $6.5M term loan; cash $54.1M.

## SEC filing metadata
- accession: 0001702744-23-000005
- form_type: 8-K
- ticker: SMPL
- cik: 0001702744
- company_name: Simply Good Foods Co
- filed_at: 2023-01-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1702744/000170274423000005/0001702744-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1702744/000170274423000005/atk-20230105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001702744-23-000005
- JSON: https://secwatch.observer/filing/0001702744-23-000005.json
- Plain text: https://secwatch.observer/filing/0001702744-23-000005.txt

## Key facts
- Earnings Releases
  Simply Good Foods Co reported first quarter ended November 26, 2022 results: revenue $300.9 million, net income $35.9 million, EPS $0.36.
  - Period: first quarter ended November 26, 2022
  - Revenue: $300.9 million
  - Net income: $35.9 million
  - EPS: $0.36
  - Result: reported results
  source text: algorithm and that Adjusted EBITDA will increase in line with the net sales growth rate.” Fiscal First Quarter 2023 Results Net sales increased $19.6 million, or 7.0%, to $300.9 million versus the year ago period. Net price realization was about a 9.8 percentage point contribution to net sales growth and volume was off about 1.7 percentage points. The March 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1702744/000170274423000005/0001702744-23-000005-index.htm
- Earnings Releases
  Simply Good Foods Co updated its full fiscal year 2023 guidance (reaffirmed).
  - Period: full fiscal year 2023
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Reaffirm fiscal year 2023 Net Sales and Adjusted EBITDA (4) outlook: • Net sales expected to increase slightly greater than the Company's long-term algorithm of 4-6%, including a headwind of almost 1 percentage point related to the frozen pizza licensing • Adjusted EBITDA (4,5) anticipated to increase in line with the net sales growth rate
  evidence_url: https://www.sec.gov/Archives/edgar/data/1702744/000170274423000005/0001702744-23-000005-index.htm

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