Simply Good Foods Co Q2 2022 Earnings Call Transcript - Thomson StreetEvents

Simply Good Foods Co Q2 2022 Earnings Call Transcript

Simply Good Foods Co Q2 2022 Earnings Call Transcript - Thomson StreetEvents
Simply Good Foods Co Q2 2022 Earnings Call Transcript
Published Apr 06, 2022
18 pages (11855 words) — Published Apr 06, 2022
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Abstract:

Edited Transcript of SMPL.OQ earnings conference call or presentation 6-Apr-22 12:30pm GMT

  
Brief Excerpt:

...Operator Greetings, and welcome to The Simply Good Foods Company Fiscal Second Quarter 2022 Conference Call. (Operator Instructions) As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Mr. Mark Pogharian, Vice President of Investor Relations for Simply Good Foods Company. Thank you, sir. You may begin. Mark Pogharian ...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Simply Good Foods Co
Ticker
SMPL.OQ
Time
12:30pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Cody T. Ross - UBS Investment Bank, Research Division - Analyst : Your sales came in better than expected this quarter. Did you guys quantify how much of that was due to the timing of shipments? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. APRIL 06, 2022 / 12:30PM, SMPL.OQ - Q2 2022 Simply Good Foods Co Earnings Call

Question: Cody T. Ross - UBS Investment Bank, Research Division - Analyst : Got it. And then you guys raised your sales...

Question: Cody T. Ross - UBS Investment Bank, Research Division - Analyst : Understood. Piggybacking on that, how much inventory are retailers carrying right now? And how much do you expect them to carry going forward if you have any visibility to that?

Question: Cody T. Ross - UBS Investment Bank, Research Division - Analyst : Got it. And then last one, if you don't mind me sneaking it in. Our recent conversations with investors, there's some thought out there that your gross margin outlook might be conservative. And given your raise in sales this year slightly, 1% at the midpoint, but you held gross margin guidance. Why is that?

Question: Ryan Blaze Bell - Consumer Edge Research, LLC - Analyst : I just wanted to ask a little bit about the expansion of your licensing partnerships across categories. Where do you see the size of that and maybe the opportunity for future expansion?

Question: Ryan Blaze Bell - Consumer Edge Research, LLC - Analyst : And then you were talking a little bit about some of the consumer behavior shifts, where people maybe aren't feeling quite as great, but you kind of pair that against potentially needing to focus on weight management more now than ever. How do you think about that more over the medium term in terms of the household penetration opportunity, where you'd see snack here versus on-the-go demand shifting towards e-commerce and just sort of the broader evolution of that?

Question: Ryan Blaze Bell - Consumer Edge Research, LLC - Analyst : And the last question for me. In terms of the opportunity to get packed towards sort of the 40% gross margin range, where you saying in terms of the pricing that you're expecting to take and how that would trickle through into fiscal '23. Are you expecting to migrate closer up towards that

Table Of Contents

Simply Good Foods Co Q2 2023 Earnings Call Transcript – 2023-04-05 – US$ 54.00 – Edited Transcript of SMPL.OQ earnings conference call or presentation 5-Apr-23 12:30pm GMT

Simply Good Foods Co Q1 2023 Earnings Call Transcript – 2023-01-05 – US$ 54.00 – Edited Transcript of SMPL.OQ earnings conference call or presentation 5-Jan-23 1:30pm GMT

Simply Good Foods Co Q4 2022 Earnings Call Transcript – 2022-10-21 – US$ 54.00 – Edited Transcript of SMPL.OQ earnings conference call or presentation 21-Oct-22 12:30pm GMT

Simply Good Foods Co Q3 2022 Earnings Call Transcript – 2022-06-30 – US$ 54.00 – Edited Transcript of SMPL.OQ earnings conference call or presentation 30-Jun-22 12:30pm GMT

Simply Good Foods Co at Goldman Sachs Global Consumer Conference Transcript – 2022-05-17 – US$ 54.00 – Edited Transcript of SMPL.OQ presentation 17-May-22 12:55pm GMT

Simply Good Foods Co Annual Shareholders Meeting Transcript – 2022-01-20 – US$ 54.00 – Edited Transcript of SMPL.OQ shareholder or annual meeting 20-Jan-22 2:00pm GMT

Simply Good Foods Co Q1 2022 Earnings Call Transcript – 2022-01-05 – US$ 54.00 – Edited Transcript of SMPL.OQ earnings conference call or presentation 5-Jan-22 1:30pm GMT

Simply Good Foods Co Q4 2021 Earnings Call Transcript – 2021-10-22 – US$ 54.00 – Edited Transcript of SMPL.OQ earnings conference call or presentation 22-Oct-21 12:30pm GMT

Simply Good Foods Co Q3 2021 Earnings Call Transcript – 2021-07-01 – US$ 54.00 – Edited Transcript of SMPL.OQ earnings conference call or presentation 1-Jul-21 12:30pm GMT

Simply Good Foods Co at Goldman Sachs Global Staples Forum (Virtual) Transcript – 2021-05-18 – US$ 54.00 – Edited Transcript of SMPL.OQ presentation 18-May-21 2:30pm GMT

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MLA:
Thomson StreetEvents. "Simply Good Foods Co Q2 2022 Earnings Call Transcript" Apr 06, 2022. Alacra Store. May 02, 2024. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2022-Simply-Good-Foods-Co-Earnings-Call-T15156834>
  
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Thomson StreetEvents. (2022). Simply Good Foods Co Q2 2022 Earnings Call Transcript Apr 06, 2022. New York, NY: Alacra Store. Retrieved May 02, 2024 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2022-Simply-Good-Foods-Co-Earnings-Call-T15156834>
  
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