Added to YB: 2025-08-29
Pitch date: 2025-07-07
SMPL [bearish]
The Simply Good Foods Company
+40.13%
current return
Author Info
No bio for this author
Company Info
The Simply Good Foods Company, a consumer-packaged food and beverage company, engages in the development, marketing, and sale of snacks and meal replacements, and other products in North America and internationally.
Market Cap
$2.9B
Pitch Price
$31.52
Price Target
27.00 (+43%)
Dividend
N/A
EV/EBITDA
10.93
P/E
20.09
EV/Sales
2.12
Sector
Food Products
Category
N/A
The Simply Good Foods Company - $SMPL (short)
SMPL short: Targeting 10-15% downside. Atkins brand (30% sales) declining accelerated to -6.6% FY24 vs -2.5% prior, retail takeaway -10% Q2. Quest growth moderating amid intense competition, low barriers to entry. OWYN acquisition at 23x EBITDA pre-synergies. 8% ROIC, no dividend, structural headwinds from GLP-1 drugs.
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