Law Offices of Howard G. Smith announces an investigation on behalf of The Simply Good Foods Company (“Simply Good” or the “Company”) (NASDAQ: SMPL) investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN THE SIMPLY GOOD FOODS COMPANY (SMPL), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.
Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.
What Happened?
On October 23, 2025, Simply Good released its fourth quarter 2025 financial results, disclosing among other things, a “quality issue” with the Company’s recently acquired OWYN brand, “related to a raw material sourcing decision for pea protein made prior to the closing of the acquisition.”
On this news, Simply Good’s stock price fell $4.33, or 17.35%, to close at $20.63 per share on October 23, 2026, thereby injuring investors.
Then, on April 9, 2026, Simply Good released its second quarter 2026 financial results, revealing a decline in net sales “largely driven by poor retail takeaway” including that “OWYN consumption declined year over year due” in part to “poor base velocities.” The Company also reported a net loss of $159.7 million due to a $249.0 million non-cash impairment charge related to the Atkins brand and OWYN brand intangible assets as the “result of a challenging fiscal year 2026 and updated projections of future revenue.”
On this news, Simply Good’s stock price fell $2.61, or 18.1%, to close at $11.80 per share on April 9, 2026, thereby injuring investors further.
Contact Us To Participate or Learn More:
If you purchased Simply Good securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Telephone: (215) 638-4847
Email: howardsmith@howardsmithlaw.com,
Visit our website at: www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260414815774/en/
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