Simply Good Foods (SMPL) Q2 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Thu, April 9, 2026 astatine 8:00 AM CDT 50 min read

Image source: The Motley Fool.

Wednesday, April 9, 2025 astatine 8:30 a.m. ET

• President and CEO — Geoff Tanner

• Chief Financial Officer — Shaun Mara

Geoff Tanner, President and CEO, and Shaun Mara, CFO, volition supply you with an overview of results, which volition past beryllium followed by Q&A session. The institution issued its net merchandise this greeting astatine astir 7 AM Eastern Time. A transcript of the merchandise and accompanying presumption are disposable connected the Investors conception of the company's website astatine www.thesimplygoodfoodscompany.com. This telephone is being webcast and an archive of today's remarks volition besides beryllium available. During the people of today's call, absorption volition marque forward-looking statements that are taxable to assorted risks and uncertainties that whitethorn origin existent results to disagree materially. The institution undertakes nary work to update these statements based connected consequent events.

A elaborate listing of specified risks and uncertainties tin beryllium recovered successful today's property merchandise and the company's SEC filings. Note that connected today's call, we volition notation to definite non-GAAP fiscal measures that we judge volition supply utile accusation for investors. Due to the company's asset-light, beardown currency travel concern model, we measure our show connected an adjusted ground arsenic it relates to EBITDA and diluted EPS. Please notation to today's property merchandise for a reconciliation of the humanities non-GAAP fiscal measures to the astir comparable measures prepared successful accordance with GAAP. The acquisition of Only What You Need, Inc., OWYN, was completed connected June 13, 2025.

Therefore, the company's year-ago show for the 13 weeks ended February 24, 2024 does not see results of the OWYN business. The notation to integrated oregon bequest Simply Good Foods refers to Simply Good Foods concern excluding OWYN. All retail takeaway information included successful our treatment today, unless different noted, is for the 13 weeks ended March 2, 2025, and reflects a operation of MULO++C show and institution estimates for unmeasured channels arsenic compared to the anterior year. Finally, delight enactment that today's net merchandise includes a caller array summarizing nett income by geography and marque for the existent and anterior twelvemonth periods. I volition present crook the telephone implicit to Geoff Tanner, President and CEO.

Geoff Tanner: Thank you, Josh. Good morning, everyone, and convey you for joining us. I'll statesman by reviewing our show during the quarter, past Shaun volition sermon our fiscal results successful much item earlier we wrapper it up with a treatment of our fiscal twelvemonth 2025 outlook and your question. Before I begin, I privation to admit the announcement we made backmost successful January that our CFO, Shaun Mara, volition beryllium retiring this summertime pursuing a agelong and palmy career. Shaun has been with the institution successful aggregate elder absorption roles for galore years, including arsenic CFO of Atkins Nutritionals anterior to the IPO and arsenic the person of the highly palmy integration of Quest.