The Simply Good Foods Company is a US-based consumer staples firm founded in 2006 that specializes in low‐carb and keto nutritional products. Its flagship Atkins® brand offers bars, shakes, and snacks specifically designed for health-conscious consumers. Under CEO Robert I. Finley and CFO Christopher L. McCann, the company leverages efficient supply chains and strong brand loyalty to drive revenue. It maintains a robust market presence by continuously innovating its product portfolio. Future initiatives focus on expanding product lines and e-commerce channels to capture emerging dietary trends.
Financial Statements
In thousands, USD
FY 2025
FY 2024
FY 2023
FY 2022
Total Revenues
1,450,920
1,331,320
1,242,670
1,168,680
Cost of Sales
925,173
819,755
789,252
723,117
Gross Profit
525,747
511,566
453,420
445,561
Selling, General & Administrative Expenses
290,212
273,628
231,055
225,517
Depreciation & Amortization Expenses
16,900
16,917
17,416
17,285
Other Operating Expenses
61,748
14,524
—
—
Operating Profit
156,887
206,497
204,949
202,759
Interest and Investment Income
2,663
4,307
1,144
15
Interest Expense
(23,249)
(26,029)
(30,068)
(21,881)
Non-Operating Income
(398)
1,275
(333)
(30,324)
Total Non-Operating Income
(20,984)
(20,447)
(29,257)
(52,190)
Income Before Provision for Income Taxes
135,903
186,050
175,692
150,569
Provision for Income Taxes
32,289
46,741
42,117
41,995
Consolidated Net Income
103,614
139,309
133,575
108,574
Net Income Attributable to Common Shareholders
103,614
139,309
133,575
108,574
Basic EPS
1.03
1.39
1.34
1.10
Diluted EPS
1.02
1.38
1.32
1.08
Basic Weighted Average Shares Outstanding
100,695
99,929
99,442
98,755
Diluted Weighted Average Shares Outstanding
101,511
101,282
100,880
100,589
Shares Outstanding
99,730
99,565
99,565
99,504
FY 2025
FY 2024
FY 2023
FY 2022
Cash and Cash Equivalents
98,468
132,530
87,715
67,494
Total Cash and Cash Equivalents
98,468
132,530
87,715
67,494
Accounts Receivable
164,978
150,721
145,078
132,667
Total Trade Receivables
164,978
150,721
145,078
132,667
Inventories
167,217
142,107
116,591
125,479
Other Current Assets
23,021
14,922
22,268
25,961
Total Current Assets
453,684
440,280
371,652
351,601
Net Property, Plant & Equipment
39,738
24,830
24,861
18,157
Net Intangible Assets
1,261,600
1,336,470
1,108,120
1,123,260
Goodwill
589,974
591,687
543,134
543,134
Other Long-Term Assets
51,046
42,881
49,318
58,099
Total Assets
2,396,050
2,436,140
2,097,080
2,094,250
Accounts Payable
78,298
58,559
52,712
62,149
Accrued Expenses
46,263
50,056
37,002
39,835
Current Portion of Long-Term Debt
—
—
143
264
Total Current Liabilities
124,561
108,615
89,857
102,248
Long-Term Debt
249,066
397,485
281,649
403,022
Other Long-Term Liabilities
215,585
202,558
154,479
150,315
Total Long-Term Liabilities
464,651
600,043
436,128
553,337
Total Liabilities
589,212
708,658
525,985
655,585
Common Stock
1,037
1,025
1,019
1,013
Treasury Stock
(129,337)
(78,451)
(78,451)
(62,003)
Additional Paid-in Capital
1,346,690
1,319,690
1,303,170
1,287,220
Accumulated Other Comprehensive Income
(2,433)
(2,039)
(2,593)
(1,951)
Retained Earnings
590,879
487,265
347,956
214,381
Total Common Shareholders' Equity
1,806,830
1,727,490
1,571,100
1,438,660
Total Shareholders' Equity
1,806,830
1,727,490
1,571,100
1,438,660
Total Liabilities and Shareholders' Equity
2,396,050
2,436,140
2,097,080
2,094,250
FY 2025
FY 2024
FY 2023
FY 2022
Net Income
103,614
139,309
133,575
108,574
Depreciation & Amortization
21,431
20,993
20,253
19,299
Share-Based Compensation Expense
15,273
18,421
14,480
11,697
Other Adjustments
71,068
17,965
21,308
52,091
Changes in Trade Receivables
(14,682)
9,129
(13,374)
(21,796)
Changes in Inventories
(25,848)
13,726
8,169
(29,508)
Changes in Accounts Payable
18,535
(15,450)
(9,510)
2,878
Changes in Accrued Expenses
(3,812)
11,055
(3,443)
(15,183)
Changes in Other Operating Activities
(7,122)
556
(341)
(17,413)
Cash from Operating Activities
178,457
215,704
171,117
110,639
Capital Expenditure
(20,542)
(5,743)
(11,585)
(5,232)
Purchases of Intangible Assets
(2,103)
(730)
(603)
(524)
Payments for Business Acquisitions
1,713
(280,409)
—
—
Other Investing Activities
—
—
—
(2,400)
Cash from Investing Activities
(20,932)
(286,882)
(12,188)
(8,156)
Issuance of Long-Term Debt
—
250,000
—
—
Repayments of Long-Term Debt
(150,000)
(135,000)
(121,500)
(50,000)
Net Issuance / (Repayments) of Long-Term Debt
(150,000)
115,000
(121,500)
(50,000)
Issuance of Common Shares
12,917
4,293
5,247
4,343
Repurchases of Common Shares
(54,122)
(5,048)
(19,307)
(63,518)
Net Issuance / (Repurchases) of Common Shares
(41,205)
(755)
(14,060)
(59,175)
Other Financing Activities
—
1,656
(2,972)
(857)
Cash from Financing Activities
(191,205)
115,901
(138,532)
(110,032)
Effect of Exchange Rate Changes on Cash and Cash Equivalents
(382)
92
(176)
(302)
Increase / (Decrease) in Cash, Cash Equivalents and Restricted Cash