---
schema_version: "secwatch.filing_event.v1"
accession: "0001702744-24-000043"
form_type: "8-K"
ticker: "SMPL"
cik: "0001702744"
company_name: "Simply Good Foods Co"
filed_at: "2024-06-27T23:59:59+00:00"
generated_at: "2026-06-01T01:03:50.968636+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Simply Good Foods Q3 EPS beats; raises FY24 adj. EBITDA outlook to ~8% growth; OWYN acquired

## Summary
- Net sales $334.8M (+3.1% YoY); net income $41.3M; diluted EPS $0.41; adjusted diluted EPS $0.50 vs $0.44 YoY.
- Gross margin 39.9%, up 320 bps YoY, driven by lower input costs; adjusted EBITDA $71.9M vs $66.6M YoY.
- Completed OWYN acquisition on June 13 for $280M cash + $250M incremental term loan; OWYN expected to add $25-30M net sales in FY24.
- Full-year legacy net sales reaffirmed at mid-point of 4-6% growth; total adj. EBITDA growth raised to ~8% from prior 6-8%.
- Quest retail takeaway +13%; Atkins -5%; net debt target ~1.25x adj. EBITDA by fiscal year-end.

## SEC filing metadata
- accession: 0001702744-24-000043
- form_type: 8-K
- ticker: SMPL
- cik: 0001702744
- company_name: Simply Good Foods Co
- filed_at: 2024-06-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1702744/000170274424000043/0001702744-24-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1702744/000170274424000043/atk-20240627.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001702744-24-000043
- JSON: https://secwatch.observer/filing/0001702744-24-000043.json
- Plain text: https://secwatch.observer/filing/0001702744-24-000043.txt

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