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Simply Good Foods Co (SMPL) Fundamental Analysis & AI Grade 2026

SMPL Nasdaq Food and Kindred Products CIK: 0001702744
Recently Updated • Analysis: Aug 5, 2026 • SEC Data: 2026-05-30
Combined AI Grade
C
72% Confidence
N/A
C
72% Conf
Pending
Analysis scheduled

📊 SMPL Key Takeaways

Revenue: $1.0B
Net Margin: -18.2%
Free Cash Flow: $92.1M
Current Ratio: 4.80x
Debt/Equity: 0.28x
EPS: $-1.99
AI Grade: C with 72% confidence
Simply Good Foods Co (SMPL) receives a C fundamental grade with 72% confidence from our AI analysis based on SEC 10-K filings. With revenue of $1.0B, net profit margin of -18.2%, and return on equity (ROE) of -13.1%, Simply Good Foods Co demonstrates mixed fundamentals in the Consumer sector. Below is our complete SMPL stock analysis for 2026.

Is Simply Good Foods Co (SMPL) a Good Investment?

Claude

Simply Good Foods is experiencing a severe operational profitability crisis despite 9% revenue growth, with -22% operating margins and deteriorating net losses. While strong liquidity (4.8x current ratio) and positive free cash flow ($92.1M) provide a near-term buffer, the company's inability to convert revenue to operating profit—evidenced by negative operating income of -$225.6M against $1.0B revenue—is unsustainable and indicates fundamental business model or execution problems that must be resolved before investment consideration.

Simply Good Foods Co Key Strengths (SMPL)

Claude
  • + Revenue growing 9% YoY in competitive food sector
  • + Excellent liquidity position with 4.8x current ratio and $123.9M cash
  • + Positive free cash flow of $92.1M despite net losses, suggesting non-cash charges or working capital benefits
  • + Conservative debt levels with 0.28x debt-to-equity ratio and manageable interest obligations

SMPL Stock Risks: Simply Good Foods Co Investment Risks

Claude
  • ! Catastrophic operating margin of -22% with -$225.6M operating loss on $1.0B revenue
  • ! Deteriorating earnings with EPS declining 26.1% YoY and becoming increasingly negative
  • ! Negative returns on equity (-13.1%) and assets (-9.0%) indicating shareholder value destruction
  • ! Negative interest coverage ratio of -13.5x means operations cannot service debt obligations
  • ! Disconnect between negative profitability and positive cash flow suggests potentially one-time charges or unsustainable working capital dynamics

Key Metrics to Watch

Claude
  • * Operating margin trajectory—must return to positive territory for viability
  • * Operating cash flow sustainability—gap between OCF and net income needs clarification
  • * Gross margin stability—any further compression would be catastrophic
  • * Cash burn rate and runway given current liquidity levels
  • * Details on nature of operating losses (acquisition charges, restructuring, or fundamental business model issues)

Simply Good Foods Co (SMPL) Financial Metrics & Key Ratios

Revenue
$1.0B
Net Income
$-186.4M
EPS (Diluted)
$-1.99
Free Cash Flow
$92.1M
Total Assets
$2.1B
Cash Position
$123.9M

💡 AI Analyst Insight

Strong liquidity with a 4.80x current ratio provides a solid financial cushion.

SMPL Profit Margin, ROE & Profitability Analysis

Gross Margin 32.2%
Operating Margin -22.0%
Net Margin -18.2%
ROE -13.1%
ROA -9.0%
FCF Margin 9.0%

SMPL vs Consumer Sector: How Simply Good Foods Co Compares

How Simply Good Foods Co compares to Consumer sector averages

Net Margin
SMPL -18.2%
vs
Sector Avg 8.0%
SMPL Sector
ROE
SMPL -13.1%
vs
Sector Avg 18.0%
SMPL Sector
Current Ratio
SMPL 4.8x
vs
Sector Avg 1.5x
SMPL Sector
Debt/Equity
SMPL 0.3x
vs
Sector Avg 0.8x
SMPL Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Simply Good Foods Co Stock Overvalued? SMPL Valuation Analysis 2026

Based on fundamental analysis, Simply Good Foods Co has mixed fundamental signals relative to the Consumer sector in 2026.

Return on Equity
-13.1%
Sector avg: 18%
Net Profit Margin
-18.2%
Sector avg: 8%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.28x
Sector avg: 0.8x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Simply Good Foods Co Balance Sheet: SMPL Debt, Cash & Liquidity

Current Ratio
4.80x
Quick Ratio
3.10x
Debt/Equity
0.28x
Debt/Assets
31.2%
Interest Coverage
-13.54x
Long-term Debt
$397.0M

SMPL Revenue & Earnings Growth: 5-Year Financial Trend

SMPL 5-year financial data: Year 2021: Revenue $1.0B, Net Income -$25.2M, EPS $-0.31. Year 2022: Revenue $1.2B, Net Income $65.6M, EPS $0.35. Year 2023: Revenue $1.2B, Net Income $40.9M, EPS $0.42. Year 2024: Revenue $1.3B, Net Income $108.6M, EPS $1.08. Year 2025: Revenue $1.5B, Net Income $133.6M, EPS $1.32.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Simply Good Foods Co's revenue has grown significantly by 44% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.32 reflects profitable operations.

SMPL Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
9.0%
Free cash flow / Revenue

SMPL Quarterly Earnings & Performance

Quarterly financial performance data for Simply Good Foods Co including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $357.0M $25.3M $0.40
Q2 2026 $326.0M $25.3M $0.36
Q1 2026 $340.2M $25.3M $0.26
Q3 2025 $334.8M $33.1M $0.40
Q2 2025 $312.2M $33.1M $0.33
Q1 2025 $308.7M $35.6M $0.35
Q3 2024 $324.8M $25.6M $0.35
Q2 2024 $296.6M $25.6M $0.25

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Simply Good Foods Co Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$102.2M
Cash generated from operations
Stock Buybacks
$213.2M
Shares repurchased (TTM)
Capital Expenditures
$10.1M
Investment in assets
Dividends
None
No dividend program

SMPL SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Simply Good Foods Co (CIK: 0001702744)

📋 Recent SEC Filings

Date Form Document Action
Jul 24, 2026 4 xslF345X06/wk-form4_1784925333.xml View →
Jul 24, 2026 4 xslF345X06/wk-form4_1784925306.xml View →
Jul 9, 2026 10-Q atk-20260530.htm View →
Jul 9, 2026 8-K atk-20260709.htm View →
May 18, 2026 4 xslF345X06/wk-form4_1779108571.xml View →

Frequently Asked Questions about SMPL

What is the AI rating for SMPL?

Simply Good Foods Co (SMPL) has an AI grade of C with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are SMPL's key strengths?

Claude: Revenue growing 9% YoY in competitive food sector. Excellent liquidity position with 4.8x current ratio and $123.9M cash.

What are the risks of investing in SMPL?

Claude: Catastrophic operating margin of -22% with -$225.6M operating loss on $1.0B revenue. Deteriorating earnings with EPS declining 26.1% YoY and becoming increasingly negative.

What is SMPL's revenue and growth?

Simply Good Foods Co reported revenue of $1.0B.

Does SMPL pay dividends?

Simply Good Foods Co does not currently pay dividends.

Where can I find SMPL SEC filings?

Official SEC filings for Simply Good Foods Co (CIK: 0001702744) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is SMPL's EPS?

Simply Good Foods Co has a diluted EPS of $-1.99.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is SMPL's fundamental grade?

Based on our AI fundamental analysis in August 2026, Simply Good Foods Co has a C grade with 72% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is SMPL stock overvalued or undervalued?

Valuation metrics for SMPL: ROE of -13.1% (sector avg: 18%), net margin of -18.2% (sector avg: 8%). Compare these metrics with sector averages to assess valuation.

What is SMPL's AI grade for 2026?

Our dual AI analysis gives Simply Good Foods Co a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is SMPL's free cash flow?

Simply Good Foods Co's operating cash flow is $102.2M, with capital expenditures of $10.1M. FCF margin is 9.0%.

How does SMPL compare to other Consumer stocks?

Vs Consumer sector averages: Net margin -18.2% (avg: 8%), ROE -13.1% (avg: 18%), current ratio 4.80 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Aug 5, 2026 | Data as of: 2026-05-30 | Powered by Claude AI