Snapshot
Simply Good Foods Co reported $381M of revenue in Q3 2025, up 13.8% year over year, with diluted EPS of $0.40 and an operating margin of 15.6%.
- Revenue
- $381M
- YoY growth
- +13.8%
- Diluted EPS
- $0.40
- Operating margin
- 15.6%
$381M
Revenue
+13.8%
YoY growth
$0.40
Diluted EPS
15.6%
Operating margin
01 Key takeaways
What management said
- •Due to the company's asset light, high cash flow business model, we evaluate our performance on an adjusted basis as it relates to EBITDA and diluted EPS.
- •References during this call to organic or legacy Simply Good Foods refers to Simply Good Foods' business excluding Owen.
- •For Q4, that will include the growth of Simply Good Foods excluding Owen for the first few weeks of the quarter and growth for the entire company for the balance of the quarter.
- •I'll start by reviewing our Q3 performance before turning it over to our new CFO, Chris Bealer, who will discuss our financial results and our updated fiscal year twenty twenty five outlook.
- •Momentum continued in Q3 with net sales up 14% year over year, driven by the acquisition of Owen and approximately 4% organic growth.
- •Growth for the nutritional snacking category remained robust in Q3, up double digits again, reflecting the continued mainstreaming of consumer demand for high protein, low sugar and low carb food and beverage options.
- •In the year since we acquired Owen, we have repaid essentially all of the $250,000,000 we borrowed to finance the purchase.
- •Finally, considering our top and bottom line performance year to date and trends to begin the fourth quarter, we are tightening our ranges for full year net sales and adjusted EBITDA.
- •Turning to our largest brand, Quest, which represents approximately 60% of our net sales today, the brand delivered another quarter of double digit retail takeaway and net sales growth.
- •Consumption in Q3 grew 11%, with household penetration up 120 basis points year over year to 18.3%.
- •As Quest approaches $1,000,000,000 in net sales, we see a long runway of opportunity driven by a framework for growth based on disruptive innovation, expanding physical availability and increasing brand awareness.
- •Salty Snacks retail takeaway grew 31% this quarter and is on pace to become the largest platform on the Quest business.
SourcesCompany financials · earnings call
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