Simply Good Foods will report Q1 financial results on January 9, 2025, with a conference call scheduled for 6:30 AM MT.
Quiver AI Summary
The Simply Good Foods Company has announced that it will release its financial results for the fiscal first quarter ending November 30, 2024, on January 9, 2025, before the market opens. A conference call will be held at 6:30 a.m. Mountain Time (8:30 a.m. Eastern Time) on the same day, featuring comments from President and CEO Geoff Tanner and CFO Shaun Mara. Investors can participate via phone or listen live on the company’s website. A telephone replay of the call will be available shortly after it concludes and will remain accessible until January 16, 2025. Simply Good Foods, based in Denver, is focused on nutritional snacking and markets products under well-known brands such as Atkins, Quest, and OWYN.
Potential Positives
- Simply Good Foods is scheduled to report financial results for the first quarter, indicating transparency and accountability to investors.
- The conference call and accompanying presentation provide an opportunity for investors to gain insights directly from the CEO and CFO, enhancing investor relations.
- The company is strategically positioned in the growing market for nutritious snacking, which is emphasized through its innovative product portfolio.
- The announcement reflects the company's commitment to raising standards in the food industry, reinforcing its brand identity and mission.
Potential Negatives
- There is no mention of any financial expectations or guidance prior to the earnings report, which may leave investors feeling uncertain about the company's performance and future outlook.
- The announcement of the earnings release does not provide any preliminary results or insights, potentially leading to speculation about disappointing results among investors.
- The timing of the earnings release and conference call could be perceived as unfavorable if investors expected results to be disclosed sooner, creating a perception of lack of transparency.
FAQ
When will Simply Good Foods announce its financial results?
Simply Good Foods will report its financial results on Thursday, January 9, 2025, before the market opens.
Who will participate in the conference call?
Geoff Tanner, President and CEO, and Shaun Mara, CFO, will participate in the conference call to discuss the results.
How can I listen to the earnings call?
The call will be available live on the Company’s website and by dialing 1-877-407-0792 in the U.S.
What is the date and time of the conference call?
The conference call is scheduled for January 9, 2025, at 6:30 a.m. Mountain Time (8:30 a.m. Eastern Time).
Where can I find more information about Simply Good Foods?
Additional information is available on the Company's website at http://www.thesimplygoodfoodscompany.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SMPL Insider Trading Activity
$SMPL insiders have traded $SMPL stock on the open market 14 times in the past 6 months. Of those trades, 0 have been purchases and 14 have been sales.
Here’s a breakdown of recent trading of $SMPL stock by insiders over the last 6 months:
- TIMOTHY RICHARD KRAFT (Chf Legal & Corp. Affairs Of.) has traded it 2 times. They made 0 purchases and 2 sales, selling 97,970 shares.
- BRIAN K. RATZAN has traded it 4 times. They made 0 purchases and 4 sales, selling 150,000 shares.
- TIMOTHY ALLEN MATTHEWS (VP, Controller and CAO) sold 5,325 shares.
- JOSEPH SCALZO has traded it 5 times. They made 0 purchases and 5 sales, selling 413,574 shares.
- ROBERT G. MONTGOMERY sold 2,500 shares.
- STUART E. JR. HEFLIN (SVP & General Manager, Quest) sold 1,058 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$SMPL Hedge Fund Activity
We have seen 130 institutional investors add shares of $SMPL stock to their portfolio, and 177 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BOSTON TRUST WALDEN CORP added 2,308,611 shares (+inf%) to their portfolio in Q3 2024
- SILVERCREST ASSET MANAGEMENT GROUP LLC removed 1,992,876 shares (-51.4%) from their portfolio in Q3 2024
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 1,873,080 shares (+54.7%) to their portfolio in Q3 2024
- WOODLINE PARTNERS LP added 1,651,143 shares (+943.8%) to their portfolio in Q3 2024
- LOOMIS SAYLES & CO L P removed 1,624,976 shares (-100.0%) from their portfolio in Q3 2024
- BALYASNY ASSET MANAGEMENT L.P. removed 1,373,648 shares (-99.0%) from their portfolio in Q3 2024
- NEUBERGER BERMAN GROUP LLC removed 1,239,866 shares (-97.9%) from their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
DENVER, Dec. 11, 2024 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (NASDAQ: SMPL) (“Simply Good Foods” or the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products, today announced it will report financial results for the 13 week fiscal first quarter ended November 30, 2024, on Thursday, January 9, 2025, before market open. The Company will host a conference call to discuss these results with additional comments and details provided at that time. Participating on the call will be Geoff Tanner, President and Chief Executive Officer, and Shaun Mara, Chief Financial Officer.
The conference call is scheduled to begin at 6:30 a.m. Mountain time (8:30 a.m. Eastern time) on Thursday, January 9, 2025. Investors interested in participating in the live call can dial 1-877-407-0792 from the U.S. and International callers can dial 201-689-8263.
In addition, the call and accompanying presentation slides will be broadcast live over the Internet hosted at the “Investor Relations” section of the Company's website at http://www.thesimplygoodfoodscompany.com. A telephone replay will be available approximately two hours after the call concludes and will be available through Thursday, January 16, 2025, by dialing 1-844-512-2921 from the U.S., or 412-317-6671 from international locations, and entering confirmation code 13750464.
About The Simply Good Foods Company
The Simply Good Foods Company (Nasdaq: SMPL), headquartered in Denver, Colorado, is a consumer packaged food and beverage company that is bringing nutritious snacking with ambitious goals to raise the bar on what food can be with trusted brands and innovative products. Our product portfolio consists primarily of protein bars, ready-to-drink (RTD) shakes, sweet and salty snacks, and confectionery products marketed under the Atkins™, Quest™, and OWYN™ brands. We are a company that aims to lead the nutritious snacking movement and is poised to expand our healthy lifestyle platform through innovation, organic growth, and investment opportunities in the snacking space. To learn more, visit
http://www.thesimplygoodfoodscompany.com
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Investor Contact
Mark Pogharian
Vice President, Investor Relations, Treasury and Business Development
The Simply Good Foods Company
(720) 768-2681
[email protected]