Why Simply Good Foods Slipped by Almost 2% on Friday
A day after that report was published, several analysts released updates. These weren't necessarily positive.
SMPL - The Simply Good Foods Company
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$15.63
DETAILS
HIGH:
$20.00
LOW:
$12.00
MEDIAN:
$14.50
CONSENSUS:
$15.63
UPSIDE:
22.40%
Stock News
Simply Good Foods Q3 Earnings Beat Estimates, Sales Decline 6.3% Y/Y
SMPL's third-quarter earnings beat estimates, but sales and earnings fall as Atkins weakness and higher costs squeezed margins.
Simply Good Foods Q3 Earnings Call Highlights
Simply Good Foods NASDAQ: SMPL reported third-quarter fiscal 2026 results ahead of management's expectations, but executives said the business remains in the early stages of a turnaround as sales, margins and adjusted earnings declined sharply from a year earlier.
The Simply Good Foods Company (SMPL) Q3 2026 Earnings Call Transcript
The Simply Good Foods Company (SMPL) Q3 2026 Earnings Call Transcript
Simply Good Foods shares rise as quarterly earnings, revenue top estimates
The Simply Good Foods Company (NASDAQ:SMPL) shares rose nearly 5% after the company reported third quarter fiscal 2026 results that exceeded Wall Street expectations for adjusted earnings and revenue. The company posted adjusted diluted earnings per share of $0.42, beating analyst estimates of $0.35, while quarterly net sales came in at $357 million, ahead of consensus expectations of about $333 million.
Simply Good Foods: The Bar Is Set Low
The Simply Good Foods Company reported weak fiscal Q3 results. Lower sales, increased input costs that weren't passed onto prices, and increased marketing pressured earnings. SMPL has lost market share due to intense competition in the protein category. The Atkins brand is in an especially concerning position. SMPL's sales performance suggests some sales stabilization, but the outlook is still very turbulent.
Simply Good Foods: Q3 Better Than Feared, But No Need To Chase
Simply Good Foods (SMPL) faces brand relevance and distribution challenges, with Atkins and OWYN underperforming and Quest showing signs of slowdown. Despite a Q3 guidance raise and a positive stock reaction, core portfolio issues remain unaddressed, warranting a Hold rating. Cost-cutting and aggressive buybacks have not resolved fundamental sales velocity and pricing problems, especially as GLP-1 adoption impacts the category.
Simply Good Foods (SMPL) Tops Q3 Earnings and Revenue Estimates
Simply Good Foods (SMPL) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.51 per share a year ago.
Simply Good Foods shares rise as quarterly earnings, revenue top estimates
The Simply Good Foods Company (NASDAQ:SMPL) shares rose nearly 5% after the company reported third quarter fiscal 2026 results that exceeded Wall Street...
The Simply Good Foods Company Reports Fiscal Third Quarter 2026 Financial Results and Updates Fiscal Year 2026 Outlook
DENVER, July 09, 2026 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (Nasdaq: SMPL) (“Simply Good Foods,” or the “Company”), a leader in the Nutritional Snacking Category, today reported financial results for the thirteen and thirty-nine weeks ended May 30, 2026. Third Quarter Summary: (1) Net sales of $357.0 million versus $381.0 million Net loss of $52.0 million versus net income of $41.1 million Loss per diluted share of $0.58 versus earnings per diluted share of $0.40 Adjusted Diluted EPS (2) of $0.42 versus $0.51 Adjusted EBITDA (3) of $57.2 million versus $73.9 million Updating Fiscal Year 2026 (4) Outlook: Net sales expected to range between $1.345 and $1.355 billion, or a decline of roughly 7% to 6% year-over-year Gross margins expected to decline approximately 375 basis points year-over-year Adjusted EBITDA expected to range between $220 and $225 million, or -21% to -19% year-over-year “Our third quarter results reflect initial steps against the turnaround priorities we outlined last quarter.
$SMPL Investment Loss: Simply Good Foods Investors that Lost Money after Expansion Issues Disclosed are Notified to Contact BFA Law about its Securities Fraud Investigation
NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into The Simply Good Foods Company (NASDAQ:SMPL) for potential securities fraud after its significant stock drop. If you invested in Simply Good Foods, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/simply-good-foods-class-action-lawsuit.
$SMPL Investigation Notification: Simply Good Foods is being Investigated for Securities Fraud Following Expansion Issues – Contact BFA Law if You Lost Money
NEW YORK, July 01, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into The Simply Good Foods Company (NASDAQ:SMPL) for potential securities fraud after its significant stock drop. If you invested in Simply Good Foods, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/simply-good-foods-class-action-lawsuit.
Top Wall Street Forecasters Revamp Simply Good Foods Expectations Ahead Of Q3 Earnings
The Simply Good Foods Company (NASDAQ:SMPL) will release earnings for its third quarter before the opening bell on Thursday, July 9.
$SMPL Stock News: Simply Good Foods Stock Dropped 18% after Expansion Issues Disclosed – Investors Notified to Contact BFA Law about the Securities Fraud Investigation
Simply Good Foods Stock Dropped 18% after Expansion Issues Disclosed – Investors Notified to Contact BFA Law about the Securities Fraud Investigation
Simply Good Foods to Report Third Quarter Fiscal Year 2026 Financial Results on Thursday, July 9, 2026
DENVER, June 18, 2026 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (NASDAQ: SMPL) (“Simply Good Foods” or the “Company”), a leader in the Nutritional Snacking category, today announced it will report financial results for the third quarter of Fiscal Year 2026 on Thursday, July 9, 2026. A press release will be issued that morning, followed by a live conference call beginning at 6:30 a.m. Mountain Time (8:30 a.m. Eastern Time). Participating on the call will be Joe Scalzo, President and Chief Executive Officer and Chris Bealer, Chief Financial Officer.
Is Simply Good Foods Stock Too Cheap to Pass Up?
Simply Good Foods trades at 7.1 times forward earnings and 7.8 times free cash flow after a 62% price drop. Management is repositioning Atkins as a complement to GLP-1 weight-loss drugs rather than a competitor.
$SMPL Fraud Notice: BFA Law is Investigating Simply Good Foods for Securities Fraud over its Expansion Issues – Investors with Losses Notified to Contact the Firm
NEW YORK, June 17, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into The Simply Good Foods Company (NASDAQ:SMPL) for potential securities fraud after its significant stock drop. If you invested in Simply Good Foods, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/simply-good-foods-class-action-lawsuit.
Simply Good Foods Investigation: Simply Good Foods (SMPL) Investigated for Misrepresenting its Expansion Issues – Contact BFA Law if You Suffered Losses
NEW YORK, June 10, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into The Simply Good Foods Company (NASDAQ:SMPL) for potential securities fraud after its significant stock drop. If you invested in Simply Good Foods, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/simply-good-foods-class-action-lawsuit.
SMPL Legal Claims: Simply Good Foods may have Misrepresented its Expansion Issues to Investors – Contact BFA Law about its Pending Securities Fraud Investigation
NEW YORK, June 03, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into The Simply Good Foods Company (NASDAQ:SMPL) for potential securities fraud after its significant stock drop. If you invested in Simply Good Foods, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/simply-good-foods-class-action-lawsuit.
$SMPL Securities News: Simply Good Foods Investigated for Securities Fraud Over Expansion Issues – Investors with Losses Notified to Contact BFA Law
NEW YORK, May 29, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into The Simply Good Foods Company (NASDAQ:SMPL) for potential securities fraud after its significant stock drop. If you invested in Simply Good Foods, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/simply-good-foods-class-action-lawsuit.
Price Targets
The Simply Goods Group (SMPL) PT Raised to $15 at UBS Following Q3 EarningsMember Login
$15.00
(was $12.60)
UBS
Simply Good Foods price target raised to $14 from $13 at Deutsche Bank
$14.00
(was $12.16)
Steve Powers
·
Deutsche Bank
Simply Good Foods price target lowered to $14 from $39 at DA Davidson
$14.00
(was $13.01)
Brian Holland
·
D.A. Davidson
The Simply Goods Group (SMPL) PT Lowered to $17 at JefferiesMember Login
$17.00
(was $13.14)
Jefferies
Simply Good Foods downgraded to Market Perform from Outperform at Bernstein
$12.00
(was $11.81)
Bernstein
Simply Good Foods price target lowered to $12 from $13 at UBS
$12.00
(was $11.52)
UBS
Simply Good Foods price target lowered to $19 from $30 at Mizuho
$19.00
(was $13.23)
John Baumgartner
·
Mizuho Securities
Simply Good Foods price target lowered to $13 from $16 at Deutsche Bank
$13.00
(was $10.77)
Steve Powers
·
Deutsche Bank
Simply Good Foods price target lowered to $20 from $32 at Stifel
$20.00
(was $10.77)
Stifel Nicolaus
Simply Good Foods price target lowered to $13 from $16 at UBS
$13.00
(was $10.77)
Peter Grom
·
UBS
Simply Good Foods downgraded to Equal Weight from Overweight at Stephens
$14.00
(was $10.77)
Stephens
Simply Good Foods price target lowered to $30 from $35 at Mizuho
$30.00
(was $21.10)
Mizuho Securities
Simply Good Foods price target raised to $31 from $29 at Bernstein
$31.00
(was $19.49)
Alexia Howard
·
Bernstein
Simply Good Foods price target lowered to $22 from $26 at Deutsche Bank
$22.00
(was $18.86)
Steve Powers
·
Deutsche Bank
Simply Good Foods price target lowered to $24 from $28 at Morgan Stanley
$24.00
(was $20.33)
Morgan Stanley
Simply Good Foods price target lowered to $32 from $38 at Stifel
$32.00
(was $20.98)
Matthew Smith
·
Stifel Nicolaus
Simply Good Foods price target lowered to $23 from $27 at UBS
$23.00
(was $20.98)
UBS
Simply Good Foods price target lowered to $26 from $32 at Deutsche Bank
$26.00
(was $20.63)
Steve Powers
·
Deutsche Bank
Simply Good Foods price target lowered to $27 from $32 at Jefferies
$27.00
(was $25.44)
Jefferies
Simply Good Foods price target lowered to $28 from $36 at Morgan Stanley
$28.00
(was $24.89)
Megan Alexander Clapp
·
Morgan Stanley