secwatch.observer — SEC 8-K summary
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Issuer:     Simply Good Foods Co (SMPL)
CIK:        0001702744
Form:       8-K
Filed at:   2025-01-08T23:59:59+00:00
Accession:  0001702744-25-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Simply Good Foods Q1 EPS $0.38 ($0.49 adj.), sales +10.6%; reaffirms FY2025 outlook
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- Net sales $341.3M (+10.6% YoY); OWYN contributed $32.3M; legacy sales flat due to shipment timing.
- Adjusted EBITDA $70.1M (+13.1% YoY); GAAP net income $38.1M; Adj. diluted EPS $0.49 vs $0.43.
- Retail takeaway +8% (Quest +10%, OWYN +67%, Atkins -4%); gross margin 38.2% (+90 bps).
- Repaid $50M of term loan; outstanding $350M; net debt/Adjusted EBITDA 0.8x.
- Reaffirms FY2025: net sales +8.5-10.5%, Adj. EBITDA +4-6%; OWYN sales expected $135-145M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702744/000170274425000003/0001702744-25-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702744/000170274425000003/atk-20250108.htm
  HTML page:      https://secwatch.observer/filing/0001702744-25-000003

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