Kaplan Fox Encourages Investors of Simply Good Foods Company (SMPL) Who Suffered Losses to Contact the Firm Regarding a Securities Investigation

Kaplan Fox & Kilsheimer LLP is investigating potential securities violations against The Simply Good Foods Company ("Simply Good" or the "Company") (NASDAQ: SMPL). On June 13, 2024, Simply Good announced the completion of the acquisition of Only What You Need (OWYN) for a purchase price of $280 million. On October 23, 2025, Simply Good reported financial results for the fourth quarter of 2025, 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." Following this news, the price of Simply Good stock fell $4.33 per share, or 17.35%, to close at $20.63 per share on October 23, 2025 Then, on April 9, 2026, Simply Good reported financial results for the second quarter of 2026, including that "Net sales of $326.0 million decreased 9.4% versus the comparable year ago period, driven by declines for Atkins and OWYN of 26.6% and 16.8%, respectively." Simply Good also "recognized an aggregate $249.0 million non-cash, impairment charge related to the Atkins brand and OWYN brand intangible assets" comprised of "a loss on impairment $187.0 million for OWYN and $62.0 million for Atkins[.]" Following this news, the price of Simply Good stock fell $2.61 per share, or 18.11%, to close at $11.80 per share on April 9, 2026.