Simply Good Foods Files 10-Q, Reports Assets & Liabilities

TL;DR

**Simply Good Foods 10-Q filed: Assets $103M, Liabilities $2.3M. Fiscal year ends Aug 26.**

AI Summary

The Simply Good Foods Company filed its 10-Q for the period ending November 30, 2024. The company reported total assets of $103,393,159 and total liabilities of $2,365,100. Net sales for the period were not explicitly stated in the provided snippet, but the filing indicates a fiscal year end of August 26.

Why It Matters

This filing provides investors with a snapshot of Simply Good Foods' financial health as of November 30, 2024, detailing its asset and liability positions.

Risk Assessment

Risk Level: low — The provided snippet is a standard 10-Q filing with basic financial figures and does not contain information suggesting elevated risk.

Key Numbers

• $103.4B — Total Assets (Financial position as of November 30, 2024.)
• $2.4B — Total Liabilities (Financial position as of November 30, 2024.)

Key Players & Entities

• Simply Good Foods Co (company) — Filer
• 103,393,159 (dollar_amount) — Total Assets
• 2,365,100 (dollar_amount) — Total Liabilities
• November 30, 2024 (date) — Period End Date
• August 26 (date) — Fiscal Year End

FAQ

Key Financial Figures

• $0.01 — ich registered Common Stock, par value $0.01 per share SMPL Nasdaq Indicate by che
• $591.7 million — in the Consolidated Balance Sheets was $591.7 million. There were no impairment

Filing Documents

• atk-20241130.htm (10-Q) — 854KB
• exhibit311-q125.htm (EX-31.1) — 12KB
• exhibit312-q125.htm (EX-31.2) — 12KB
• exhibit321-q125.htm (EX-32.1) — 10KB
• atk-20241130_g1.jpg (GRAPHIC) — 263KB
• 0001702744-25-000005.txt ( ) — 6362KB
• atk-20241130.xsd (EX-101.SCH) — 35KB
• atk-20241130_cal.xml (EX-101.CAL) — 70KB
• atk-20241130_def.xml (EX-101.DEF) — 238KB
• atk-20241130_lab.xml (EX-101.LAB) — 508KB
• atk-20241130_pre.xml (EX-101.PRE) — 406KB
• atk-20241130_htm.xml (XML) — 817KB

Financial Information

PART I. Financial Information Item 1 .

Financial Statements (Unaudited)

Financial Statements (Unaudited) 3 Consolidated Balance Sheets 3 Consolidated Statements of Operations and Comprehensive Income 4 Consolidated Statements of Cash Flows 5 Consolidated Statements of Stockholders' Equity 7 Notes to Unaudited Consolidated Financial Statements 8 Item 2 .

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 20 Item 3 .

Quantitative and Qualitative Disclosures about Market Risk

Quantitative and Qualitative Disclosures about Market Risk 28 Item 4 .

Controls and Procedures

Controls and Procedures 28

Other Information

PART II. Other Information Item 1 .

Legal Proceedings

Legal Proceedings 29 Item 1A .

Risk Factors

Risk Factors 29 Item 2 . Unregistered Sales of Equity Securities and Use of Proceeds 29 Item 3 . Defaults Upon Senior Securities 29 Item 4 . Mine Safety Disclosures 29 Item 5 . Other Information 29 Item 6 . Exhibits 30

Financial Information

PART I. Financial Information

Financial Statements (Unaudited)

Item 1. Financial Statements (Unaudited) The Simply Good Foods Company and Subsidiaries Consolidated Balance Sheets (Unaudited, dollars in thousands, except share and per share data) November 30, 2024 August 31, 2024 Assets Current assets: Cash $ 121,759 $ 132,530 Accounts receivable, net 149,666 150,721 Inventories 155,327 142,107 Prepaid expenses 6,665 5,730 Other current assets 10,571 9,192 Total current assets 443,988 440,280 Long-term assets: Property and equipment, net 23,681 24,830 Intangible assets, net 1,332,733 1,336,466 Goodwill 591,687 591,687 Other long-term assets 42,348 42,881 Total assets $ 2,434,437 $ 2,436,144 Liabilities and stockholders' equity Current liabilities: Accounts payable $ 58,827 $ 58,559 Accrued interest 76 265 Accrued expenses and other current liabilities 46,090 49,791 Total current liabilities 104,993 108,615 Long-term liabilities: Long-term debt, less current maturities 347,990 397,485 Deferred income taxes 169,386 166,012 Other long-term liabilities 35,524 36,546 Total liabilities 657,893 708,658 See commitments and contingencies (Note 10) Stockholders' equity: Preferred stock, $0.01 par value, 100,000,000 shares authorized, none issued — — Common stock, $0.01 par value, 600,000,000 shares authorized, 103,393,159 and 101,929,868 shares issued at November 30, 2024 and August 31, 2024, respectively 1,034 1,025 Treasury stock, 2,365,100 shares and 2,365,100 shares at cost at November 30, 2024 and August 31, 2024, respectively ( 78,451 ) ( 78,451 ) Additional paid-in-capital 1,331,000 1,319,686 Retained earnings 525,387 487,265 Accumulated other comprehensive loss ( 2,426 ) ( 2,039 ) Total stockholders' equity 1,776,544 1,727,486 Total liabilities and stockholders' equity $ 2,434,437 $ 2,436,144 See accompanying notes to the unaudited consolidated financial statements. 3 Table of Contents The Simply Good Foods Company and Subsidiaries Consolidated Statements

View Full Filing

View this 10-Q filing on SEC EDGAR