Simply Good Foods has announced its financial performance for Q3 2025, highlighting impressive sales figures and an updated outlook for the future.
Q3 Financial Results
For the third quarter of fiscal 2025, Simply Good Foods reported net sales of $381.0 million, exceeding expectations of $380.08 million. This marks a 13.8% increase from the same period last year, largely attributed to the acquisition of Only What You Need, Inc. (OWYN), which added $33.6 million to net sales growth. The company’s organic net sales also grew by 3.8%, driven by the Quest brand.
Despite strong sales performance, net income slightly decreased to $41.1 million from $41.3 million in the previous year. Earnings per diluted share (EPS) was $0.40, slightly below last year’s $0.41. However, adjusted diluted EPS met expectations at $0.51, reflecting a slight improvement from $0.50 in the previous year. Adjusted EBITDA also showed positive growth, increasing by 2.8% to $73.9 million compared to last year’s $71.9 million.
Updated 2025 Outlook
Looking ahead, Simply Good Foods has updated its fiscal year 2025 outlook, anticipating net sales to increase by 8.5% to 9.5%. The company expects adjusted EBITDA to grow by 4% to 5%, despite headwinds from an additional week in fiscal 2024.
The inclusion of OWYN is expected to significantly contribute to results, with projected net sales at $145 million. Simply Good Foods remains confident in its growth strategy, focusing on innovation and expanding product availability.
Growth Strategies
The company aims to maintain its leadership position in the nutritional snacking category by capitalizing on the growing demand for high-protein, low-sugar, and low-carb products. Despite challenges posed by inflation and tariffs, Simply Good Foods is committed to offsetting these pressures through productivity improvements and cost-saving measures. Successfully integrating OWYN is seen as crucial for enhancing its product portfolio.
Simply Good Foods reflects confidence in its development through an updated 2025 outlook. The company continues to focus on innovations and optimizations, positioning itself competitively in a rapidly changing market.
