Class action filed against Simply Good Foods. Simply Good Foods stock gains 1.13 percent
Published on 10/08/2026 at 21:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- A class action lawsuit was filed against The Simply Good Foods Company on October 8, 2026, with an October 13, 2026 lead plaintiff deadline.
- Fiscal third-quarter 2026 revenue fell 6.30 percent year over year to USD 356.98 million.
- SMPL was trading at EUR 8.93 at Lang & Schwarz on October 8, 2026, plus 1.13 percent versus the EUR 8.83 prior close.
- The stock's primary Nasdaq quote was USD 10.03 on October 8, 2026, while its 52-week range was USD 9.38 to USD 25.66.
The Simply Good Foods Company (ISIN US82900L1026) was trading at EUR 8.93 at Lang & Schwarz on October 8, 2026, plus 1.13 percent versus the EUR 8.83 prior close. Pomerantz LLP announced on October 8, 2026 that a securities class action had been filed, with October 13, 2026 set as the lead plaintiff deadline.
October lawsuit sets deadline
The filing concerns allegations of securities fraud or other unlawful business practices involving Simply Good Foods and certain officers or directors, according to Pomerantz on October 8, 2026. The deadline adds a near-term legal date to a stock already trading near its 52-week low of USD 9.38, compared with a high of USD 25.66 on the Nasdaq.
Three dated events shape the case
On October 23, 2025, Simply Good Foods reported fiscal fourth-quarter and full-year results and issued fiscal 2026 net sales guidance of negative 2.00 percent to positive 2.00 percent, according to PR Newswire. On April 9, 2026, the company disclosed a USD 187.00 million impairment charge against OWYN brand intangible assets and cut its fiscal 2026 net sales outlook to negative 7.00 percent to negative 10.00 percent, the same release reported. On October 8, 2026, the class action filing and October 13 deadline became the latest dated development.
What does the earnings path show?
Fiscal third-quarter 2026 revenue fell 6.30 percent year over year to USD 356.98 million, while diluted earnings per share were negative USD 0.58 for the period ended May 30, 2026. TipRanks reported that fiscal 2026 guidance called for net sales of USD 1.345 billion to USD 1.355 billion and adjusted EBITDA of USD 220.00 million to USD 225.00 million, with both ranges below the prior year.
Dates and price context
The next two dated developments are the October 13, 2026 lead plaintiff deadline and the company's scheduled fourth-quarter fiscal 2026 results on October 27, 2026, according to Yahoo Finance. On Nasdaq, SMPL was last at USD 10.03 on October 8, 2026 at 3:14 p.m. EDT, while market capitalization stood at USD 887.1 million.
SMPL trades after the Xetra close
At Lang & Schwarz, the stock was trading at EUR 8.93 on October 8, 2026 at 9:10 p.m. CEST in after-hours trading, up 1.13 percent versus the EUR 8.83 prior close on October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of Simply Good Foods stock.
Simply Good Foods stock facts
- Company: The Simply Good Foods Company
- ISIN: US82900L1026
- Ticker: SMPL
- Primary exchange: Nasdaq
- Price Lang & Schwarz as of October 8, 2026, 9:10 p.m. CEST: EUR 8.93
- Change versus prior close: plus 1.13 percent
- Prior close Lang & Schwarz October 7, 2026: EUR 8.83
- Market capitalization: USD 887.1 million as of October 8, 2026
- 52-week range: USD 9.38-25.66 as of October 8, 2026
- Sector / Industry: Consumer Staples / Food Products
Market context: Market report Nasdaq Composite.
