The Simply Good Foods Company stock faces lawsuit deadline
Published on 10/06/2026 at 10:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
The Simply Good Foods Company (ISIN US82900L1026) stock was last at USD 9.94 on Nasdaq on October 5, 2026 at 4:00 p.m. ET, up 1.12 percent, while its market capitalization stood at USD 879.1 million. On October 5, GlobeNewswire reported that a securities class action had been filed against the company.
Lawsuit deadline lands October 13
The case covers purchases made from October 24, 2024 through April 8, 2026, according to GlobeNewswire. The announcement says investors have until October 13, 2026, to apply for lead plaintiff status.
The complaint alleges problems with OWYN integration, management departures and product quality. Those claims are allegations in the lawsuit, not findings against The Simply Good Foods Company.
Latest quarter showed pressure
For the thirteen weeks ended May 30, 2026, net sales fell to USD 357.0 million from USD 381.0 million, a 6.3 percent decline, Compuserve reported on July 9, 2026.
The company posted a USD 52.0 million net loss against USD 41.1 million of net income in the comparable period. Adjusted EBITDA fell 22.5 percent to USD 57.2 million from USD 73.9 million, according to Compuserve.
Fiscal 2026 guidance called for net sales of USD 1.345 billion to USD 1.355 billion and adjusted EBITDA of USD 220 million to USD 225 million. The outlook makes the October results important because the company is still working through brand and margin pressure.
Analysts see recovery gap
MarketBeat reported that 13 firms had an average Hold rating and a 12-month price target of USD 14.4545. That target lies 45.4 percent above the October 5 price, while the highest target was USD 20.00 and the lowest was USD 11.00.
SMPL stock stays below yearly high
SMPL stock was last at USD 9.94 on Nasdaq on October 5, 2026, with a 52-week range of USD 9.38 to USD 25.66 and volume of 2,170,391 shares. The price stood 61.3 percent below the yearly high, keeping the operating turnaround central to the stock story.
The Simply Good Foods Company stock facts
- Company: The Simply Good Foods Company
- ISIN: US82900L1026
- Ticker: SMPL
- Trading venue: Nasdaq
- Price (as of October 5, 2026, 4:00 p.m. ET): USD 9.94, last at
- Market capitalization: USD 879.1 million (as of October 5, 2026)
- 52-week range: USD 9.38-25.66 (as of October 5, 2026)
- Sector / Industry: Consumer Defensive / Packaged Foods
Upcoming dates for The Simply Good Foods Company stock
- October 13, 2026: Lead plaintiff application deadline in the securities class action
- October 22, 2026: Next earnings date
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