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The Simply Good Foods Company (SMPL) Q2 2026 Earnings Call Transcript

Seeking Alpha
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The Simply Good Foods Company reported Q2 2026 earnings with EPS of $0.45, beating estimates by $0.05, while revenue fell 9.35% year-over-year to $326.01 million, missing projections by $17.86 million. CEO Joe Scalzo and CFO Christopher Bealer led the April 9 earnings call, addressing analysts from firms like Morgan Stanley and TD Cowen about the revenue decline and profitability challenges. Management highlighted cost-cutting measures and supply chain optimizations to offset lower sales, emphasizing long-term growth in snack and nutrition segments despite short-term headwinds. Analysts questioned the company’s pricing strategy and consumer demand trends, with Scalzo citing inflation pressures and shifting shopper behaviors as key factors in the revenue drop. The company reiterated its 2026 guidance but warned of continued volatility, noting no obligation to update forecasts amid economic uncertainty.
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SA Transcripts159.25K FollowersFollow5ShareSaveCommentsQ2: 2026-04-09 Earnings SummaryPlay CallPlay CallSlidesPR10-QEPS of $0.45 beats by $0.05 | Revenue of $326.01M (-9.35% Y/Y) misses by $17.86M The Simply Good Foods Company (SMPL) Q2 2026 Earnings Call April 9, 2026 8:30 AM EDT Company Participants Matthew Siler - Vice President, Investor Relations and TreasuryJoseph Scalzo - President, CEO & DirectorChristopher Bealer - CFO & Principal Accounting Officer Conference Call Participants Matthew Smith - Stifel, Nicolaus & Company, Incorporated, Research DivisionMegan Christine Alexander - Morgan Stanley, Research DivisionRobert Moskow - TD Cowen, Research DivisionStephen Robert Powers - Deutsche Bank AG, Research DivisionJames Salera - Stephens Inc., Research DivisionAlexia Howard - Bernstein Institutional Services LLC, Research DivisionJohn Baumgartner - Mizuho Securities USA LLC, Research DivisionJon Andersen - William Blair & Company L.L.C., Research Division Presentation Operator Greetings, and welcome to The Simply Good Foods Company Second Quarter Fiscal Year 2026 Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. I'd now like to turn the conference over to your host, Mr. Matt Siler, Vice President, Investor Relations and Treasury. Thank you, sir. You may begin. Matthew SilerVice President, Investor Relations and Treasury Thank you, operator. Good morning, and welcome to The Simply Good Foods Company's Second Quarter Fiscal Year 2026 Earnings Call for the period ended February 28, 2026. I'm happy to be here on my first earnings call and pleased to be joined this morning by President and CEO, Joe Scalzo; and Chris Bealer, Chief Financial Officer. A copy of our earnings release and accompanying presentation is available on the Investors section of the company's website at thesimplygoodfoodscompany.com. This call is being webcast, and an archive of today's remarks will be made available. During the course of today's call, management will make forward-looking statements, which are subject to various risks and uncertainties that may cause actual results to differ materially. The company undertakes no obligation to update these statements based on subsequent events. A detailed listing

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