Stock Data
$0.09 (0.81%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
CONSUMER DEFENSIVE
Industry
PACKAGED FOODS
Based in Denver, Colorado, The Simply Good Foods Company is a key player in the food and beverage sector, offering a wide range of snacks and meal replacements. Known for its popular Atkins and Quest brands, the company specializes in protein bars, shakes, and various sweet and salty treats. Additionally, it offers confectionery delights under the Atkins Endulge brand, including peanut butter cups and chocolatey candies. Its products are widely available across mass merchandise, grocery, club stores, and online platforms, catering to a diverse consumer base seeking nutritious options.
Atkins cratered 24.6% year-over-year as the diet-food icon hemorrhaged retail shelf space, forcing an $82 million goodwill write-down despite beating revenue expectations by 6.5% and missing EPS by 9%.
PepsiCo reports before the bell Thursday alongside five other BMO names, while Levi Strauss and AZZ join ten afternoon prints that will test whether consumer spending stays resilient through summer.
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