
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in The Simply Good Foods Company of Class Action Lawsuit and Upcoming Deadlines - SMPL
PRNewsWire
公開日時: Sep 25, 2026, 05:20 AM GMT+9
Sentiment Analysis
Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. You have until October 13, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Simply Good Foods securities during the Class Period. On October 23, 2025, Simply Good Foods issued a release reporting financial results for its fourth fiscal quarter and year ending August 30, 2025, revealing that Simply Good Foods' OWYN segment had in fact suffered a slowdown in sales growth. During the related earnings call, CEO Geoff E. Tanner revealed that end user consumption of OWYN branded products had declined due to a previously undisclosed product quality issue. Specifically, Tanner explained that "a raw material sourcing decision for pea protein," which predated the close of the OWYN acquisition but was implemented shortly thereafter, had "resulted in taste and texture issues" as the products aged, leading to negative product ratings and reviews and depressed sales for OWYN. Simply Good Foods also provided disappointing 2026 net sales guidance in the range of negative 2% to positive 2%, a decline in the rate of growth of at least 75% from the 9% net sales growth Simply Good Foods had reported for fiscal 2025. On this news, Simply Good Foods' stock price 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 Foods announced its second quarter of 2026 earnings results, revealing that OWYN's quarterly sales had contracted by nearly 17% year-over-year. Simply Good Foods further revealed a $187 million impairment charge against its OWYN brand intangible assets and slashed its 2026 net sales outlook to a range of negative 7% to negative 10%. On this news, Simply Good Foods' stock price fell $2.61 per share, or 18.11%, to close at $11.80 per share on April 9, 2026.
Source: PRNewsWire
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