The Simply Good Foods Company · NASDAQ:SMPL
The Simply Good Foods — Q4 2025 Earnings Presentation
19 slides from The Simply Good Foods's earnings presentation, Oct 23, 2025
Slide 1: Conference Call & Webcast Presentation
Conference Call & Webcast Presentation October 23, 2025
Slide 2: Disclaimer
Disclaimer Forward Looking Statements Certain statements made herein are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by or include w
Slide 3: Agenda
Agenda 1. Introduction: Joshua Levine, VP Investor Relations 2. Overview & Highlights: Geoff Tanner, President & CEO 3. Financial Summary & Fiscal Year 2026 Outlook: Chris Bealer, CFO 4. Q&A 3
Slide 4: Geoff Tanner
Geoff Tanner President and Chief Executive Officer 4
Slide 5: Key Messages
Key Messages Solid fiscal year 2025 results, reflecting 9% reported net sales growth (3% organic) and 3% Adjusted EBITDA1 growth • 5% combined consumption growth, including double digit growth from Quest (12%) and OWYN (34%)2 • Largely completed integration of OWYN • Invested in our talent and capab
Slide 6: Quest Overview
Quest Overview FY25 organic net sales grew 13% year-over-year1, reflecting nearly 20% 5-Year CAGR • Full year retail takeaway grew 12%2, household penetration +170 bps to 19% Quest Q4 retail takeaway2 grew 11% • Salty snacks consumption increased 31%; double-digit growth across all channels driven b
Slide 7: Atkins Overview
Atkins Overview FY25 was a challenging year, FY25 retail takeaway declined 10%1 • Club distribution losses and non-repeated merchandising accounted for two-thirds of declines Atkins Q4 retail takeaway declined 12%1 • Consumption declines driven by previously disclosed distribution losses at club and
Slide 8: OWYN Overview
OWYN Overview First full fiscal year under Simply Good’s ownership • Full fiscal year retail takeaway grew 34%1 • Household penetration +100 basis points to 4.2% • Largely completed the integration Q4 retail takeaway1 grew 14% despite challenges, a testament to unique positioning and strength of the
Slide 9: Summary
Summary Solid FY 2025 results, but work remains to ensure we can continue to win and lead this category Vision to be the scaled leader in high protein, low-sugar, low-carb food and beverage products Confident will remain at the forefront of generational shift in consumer habits, introducing deliciou
Slide 10: Chris Bealer
Chris Bealer Chief Financial Officer 10
Slide 11: Fiscal Year 2025 Q4 Net Sales vs. Prior Year
Fiscal Year 2025 Q4 Net Sales vs. Prior Year Reported Net Sales1 Reported Net Sales Breakdown, by Brand1 -1.8% YoY Reported Net Sales Growth $375.7 $369.0 Int'l, 2% OWYN, 10% Atkins, 25% $363.5 $351.1 Quest, 63% 4Q24 4Q25 Organic Net Sales Net Sales from Extra Week & OWYN Acquisition 1Unaudited fina
Slide 12: Fiscal Year 2025 Q4 Profitability vs. Prior Year
Fiscal Year 2025 Q4 Profitability vs. Prior Year Gross Profit Adjusted EBITDA Net Income (and % Margin)1 (and % Margin) 1,2 (and % Margin)1 -13.3% Year-Over-Year -14.5% Year-Over-Year -142.2% Year-Over-Year Percent Change Percent Change Percent Change $146.0 38.8% $126.6 34.3% Reflects $60.9 million
Slide 13: Fiscal Year 2025 Net Sales vs. Prior Year
Fiscal Year 2025 Net Sales vs. Prior Year Reported Net Sales1 Reported Net Sales Breakdown, by Brand1 9.0% YoY Reported Net Sales Growth $1,450.9 Int'l, 2% OWYN, 9% $1,331.3 Atkins, 29% $1,306.7 $1,345.7 Quest, 60% FY24 FY25 Organic Net Sales Net Sales from Extra Week & OWYN Acquisition 1Unaudited f
Slide 14: Fiscal Year 2025 Profitability vs. Prior Year
Fiscal Year 2025 Profitability vs. Prior Year Gross Profit Adjusted EBITDA Net Income (and % Margin)1 (and % Margin) 1,2 (and % Margin)1 +2.8% Year-Over-Year +3.4% Year-Over-Year -25.6% Year-Over-Year Percent Change Percent Change Percent Change Includes $1.4 million inventory step-up, a 10 bps head
Slide 15: Adjusted Diluted Earnings Per Share Reconciliation
Adjusted Diluted Earnings Per Share Reconciliation 1“Tax Effects of Adjustments” reflects the aggregate tax effect of all non-tax adjustments in the preceding line items of the table. The tax effect of each adjustment is computed (i) by dividing the gross amount of the adjustment, as shown in the Ad
Slide 16: Balance Sheet & Cash Flow
Balance Sheet & Cash Flow Improved trailing twelve-month Net Debt to Adjusted EBITDA Historical Net Debt Since Quest Acquisition (Nov. 2019), $mm ratio to 0.5x1 As of August 30, 2025: • Cash & cash equivalents of $98.5 million • Term loan balance of $250.0 million Fiscal Year 2025: • Cash flow from
Slide 17: Fiscal Year 2026 Outlook
Fiscal Year 2026 Outlook1 1This outlook assumes current economic conditions, consumer purchasing behavior and prevailing tariffs remain generally consistent across the Company’s fiscal year. 17
Slide 18: Simply, Go
SIMPLY, GO"
Slide 19: Thank You
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