The Simply Good Foods Company: Packaged For Growth, Priced For Value

  • SMPL reported 15.2% revenue growth in Q2 2025, led by Quest and the recent OWYN acquisition, with Quest now contributing 60% of total revenue and OWYN expected to double sales. Despite a slight decline in margins due to OWYN integration, SMPL maintains a strong 10.1% net margin; more than double the sector median of 4.05%. While trading near peers' forward P/E and EV/EBITDA medians, SMPL offers deeper value supported by a forecasted EPS CAGR of 8.4%, above the sector median of 6.06%.