The Simply Good Foods Company (NASDAQ: SMPL)

This investigation is for anyone who acquired securities in The Simply Good Foods Company (NASDAQ: SMPL) prior to April 9, 2026.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by failing to timely disclose to investors issues with integration of the Company’s OWYN brand, including understating the impact of a previously partially disclosed quality issue.

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, the price of the Company’s stock dropped precipitously on unusually heavy trading volume. 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, the price of the Company’s stock again dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in The Simply Good Foods Company (NASDAQ: SMPL) prior to April 9, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.