Simply Good Foods will report Q1 financial results on January 8, 2025, amidst National Day of Mourning for President Carter.
Quiver AI Summary
The Simply Good Foods Company announced that it will release its financial results for the first quarter of its fiscal year, ending November 30, 2024, on January 8, 2025, before the market opens, due to January 9 being declared a National Day of Mourning for the late President Carter. A conference call to discuss the results will take place at 6:30 a.m. Mountain time on January 8, featuring CEO Geoff Tanner and CFO Shaun Mara. Participants can join via phone or by accessing a live stream on the company's website. A replay of the call will be available for a limited time afterward. Simply Good Foods, based in Denver, specializes in nutritional snacking products under brands like Atkins and Quest, aiming to lead in the healthy snacking sector.
Potential Positives
- Simply Good Foods will report its fiscal first quarter financial results on January 8, 2025, ensuring timely communication with investors despite the National Day of Mourning.
- The company is expanding its engagement with investors by hosting a conference call to discuss financial results, led by key executives including the CEO and CFO.
- The scheduled conference call allows for greater transparency and provides investors with direct access to company leadership for insights on performance and strategy.
- The company emphasizes its commitment to the nutritious snacking movement, indicating a focus on growth and innovation in a competitive market.
Potential Negatives
- The change in the reporting date for the financial results might be viewed as an inconvenience for investors, potentially causing confusion or uncertainty regarding the timing of important financial information.
- The announcement of a National Day of Mourning indicates a somber context for the financial results release, which could overshadow the company's performance with external societal events.
FAQ
When will Simply Good Foods report its financial results?
Simply Good Foods will report its financial results on January 8, 2025, before market open.
Why is the financial report date changed?
The date was changed because January 9, 2025, is a National Day of Mourning for President Carter.
What time is the conference call for financial results?
The conference call is scheduled for 6:30 a.m. Mountain time (8:30 a.m. Eastern time) on January 8, 2025.
How can investors participate in the conference call?
Investors can dial 1-877-407-0792 in the U.S. or 201-689-8263 for international participation.
Where can I find the live broadcast of the conference call?
The call will be broadcast live on the Company’s Investor Relations website at simplygoodfoodscompany.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 126 institutional investors add shares of $SMPL stock to their portfolio, and 135 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. 31, 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 now report financial results for the 13 week fiscal first quarter ended November 30, 2024, on Wednesday, January 8, 2025, before market open. The change is the result of January 9, 2025, being declared a National Day of Mourning to honor the late President Carter. 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 Wednesday, January 8, 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 Wednesday, Jamaury 15, 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
.
Investor Contact
Mark Pogharian
Vice President, Investor Relations, Treasury and Business Development
The Simply Good Foods Company
(720) 768-2681
[email protected]