The Simply Good Foods Company is scheduled to release its third-quarter earnings before the opening bell on Thursday, July 9. Analysts expect the Denver, Colorado-based company to report quarterly earnings of 36 cents per share, a decrease from 51 cents per share in the year-ago period. The consensus estimate for revenue stands at $332.52 million, down from $380.96 million reported last year.

On April 9, Simply Good Foods reported mixed second-quarter financial results and reduced its FY26 guidance below estimates. Shares of the company rose 0.6% to close at $13.14 on Monday.

Recent analyst activity reflects a cautious outlook for the stock. Bernstein analyst Alexia Howard downgraded the stock from Outperform to Market Perform and cut the price target from $17 to $12 on June 3, 2026. UBS analyst Peter Grom maintained a Neutral rating and lowered the price target from $13 to $12 on June 2, 2026.

Recent Analyst Ratings

BTIG analyst Rob Dickerson initiated coverage on the stock with a Neutral rating on April 14, 2026. Deutsche Bank analyst Steve Powers maintained a Hold rating and reduced the price target from $16 to $13 on April 10, 2026. Morgan Stanley analyst Megan Alexander maintained an Equal-Weight rating and slashed the price target from $24 to $14 on April 10, 2026.

Bleichmar Fonti & Auld LLP is investigating The Simply Good Foods Company for potential securities fraud following a significant stock decline. The investigation focuses on whether the company made false and misleading statements regarding the success of its initiative to expand distribution of its Quest and OWYN-branded protein products. The law firm is examining issues related to product quality and execution during the expansion process.

On April 9, 2026, Simply Good Foods released its fiscal Q2 2026 financial results, revealing net sales of $326 million, a 9.4% decline year-over-year. The company also cut its 2026 guidance to a range of -10% to -7% year-over-year. During the earnings call, the CEO attributed the poor performance to a combination of product quality issues affecting taste, texture, and consumer acceptance, along with poor marketing execution during the critical expansion window. The company also disclosed a $249 million impairment charge, largely due to a challenging fiscal year 2026 and updated revenue projections.

The news caused Simply Good Foods stock to drop $2.61 per share, or more than 18%, from a closing price of $14.41 per share on April 8, 2026, to $11.80 per share on April 9, 2026. Bleichmar Fonti & Auld LLP is encouraging investors who suffered losses to contact the firm to discuss their legal options. All representation is on a contingency fee basis, with no cost to shareholders.

Simply Good Foods is a consumer packaged food and beverage company, primarily producing protein bars and ready-to-drink protein shakes under the Quest and OWYN brand names. The investigation seeks to determine if the company violated federal securities laws by failing to disclose material information about its expansion challenges. Investors who purchased Simply Good Foods securities may have legal claims and are encouraged to submit their information to Bleichmar Fonti & Auld LLP for evaluation.