---
schema_version: "secwatch.filing_event.v1"
accession: "0001702744-23-000046"
form_type: "8-K"
ticker: "SMPL"
cik: "0001702744"
company_name: "Simply Good Foods Co"
filed_at: "2023-06-29T23:59:59+00:00"
generated_at: "2026-06-13T14:57:02.269998+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Q3 net sales up 2.6% to $324.8M; Adj. EBITDA up 5.2% to $66.6M; reaffirms FY2023 outlook

## Summary
- Net sales $324.8M (+2.6% YoY); net income $35.4M ($0.35 diluted EPS); adjusted diluted EPS $0.44 flat YoY.
- Adjusted EBITDA $66.6M vs $63.3M; gross margin 36.7% down 80 bps YoY but sequentially up from Q2's 34.6%.
- U.S. retail takeaway up ~11% combined measured+unmeasured; Quest +24%, Atkins -2%.
- Reaffirmed FY2023: net sales slightly above 4-6% long-term algo; Adj. EBITDA growth slightly below net sales growth.
- Term loan amendment lowered rate, extended maturity to March 2027; repaid $40M; net debt/Adj. EBITDA 1.1x.

## SEC filing metadata
- accession: 0001702744-23-000046
- form_type: 8-K
- ticker: SMPL
- cik: 0001702744
- company_name: Simply Good Foods Co
- filed_at: 2023-06-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1702744/000170274423000046/0001702744-23-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1702744/000170274423000046/atk-20230629.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001702744-23-000046
- JSON: https://secwatch.observer/filing/0001702744-23-000046.json
- Plain text: https://secwatch.observer/filing/0001702744-23-000046.txt

## Key facts
- Earnings Releases
  Simply Good Foods Co reported the thirty-nine weeks ended May 27, 2023 results: revenue $922.3 million, net income $96.9 million, EPS $0.96 per diluted share. Guidance reaffirmed.
  - Period: the thirty-nine weeks ended May 27, 2023
  - Revenue: $922.3 million
  - Net income: $96.9 million
  - EPS: $0.96 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Net sales were $922.3 million versus $894.5 million • Net income (2) of $96.9 million versus $78.4 million • Earnings per diluted share (“EPS”) (2) of $0.96 versus $0.78 • Adjusted Diluted EPS (3) of $1.18 versus $1.23 • Adjusted EBITDA (4) of $178.3 million versus $183.1 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1702744/000170274423000046/0001702744-23-000046-index.htm
- Earnings Releases
  Simply Good Foods Co reported the third quarter ended May 27, 2023 results: revenue $324.8 million, net income $35.4 million, EPS $0.35 per diluted share. Guidance reaffirmed.
  - Period: the third quarter ended May 27, 2023
  - Revenue: $324.8 million
  - Net income: $35.4 million
  - EPS: $0.35 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Third Quarter Summary: (1) • Net sales of $324.8 million versus $316.5 million • Net income (2) of $35.4 million versus $38.8 million • Earnings per diluted share (“EPS”) (2) of $0.35 versus $0.38 • Adjusted Diluted EPS (3) of $0.44, the same as the year ago period • Adjusted EBITDA (4) of $66.6 million versus $63.3 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1702744/000170274423000046/0001702744-23-000046-index.htm

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