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The Simply Good Foods Company

Company Name The Simply Good Foods Company
Stock Symbol SMPL

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Background

On October 23, 2025, Simply Good released its fourth quarter 2025 financial results, disclosing among other things, a “quality issue” with the Company’s recently acquired OWYN brand, “related to a raw material sourcing decision for pea protein made prior to the closing of the acquisition.”

On this news, Simply Good’s stock price fell $4.33, or 17.35%, to close at $20.63 per share on October 23, 2026, thereby injuring investors.

Then, on April 9, 2026, Simply Good released its second quarter 2026 financial results, revealing a decline in net sales “largely driven by poor retail takeaway” including that “OWYN consumption declined year over year due” in part to “poor base velocities.” The Company also reported a net loss of $159.7 million due to a $249.0 million non-cash impairment charge related to the Atkins brand and OWYN brand intangible assets as the “result of a challenging fiscal year 2026 and updated projections of future revenue.”

On this news, Simply Good’s stock price fell $2.61, or 18.1%, to close at $11.80 per share on April 9, 2026, thereby injuring investors further.

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