The Simply Good Foods Company
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.45B | $1.33B | $1.24B | $1.17B | $1.01B | $816.6M | $523.4M | $431.4M |
| Cost of Revenue | $925.2M | $819.8M | $789.3M | $723.1M | $595.8M | $492.3M | $306.1M | $255.0M |
| Gross Profit | $525.7M | $511.6M | $453.4M | $445.6M | $409.8M | $324.3M | $217.7M | $182.9M |
| Gross Margin | 36.2% | 38.4% | 36.5% | 38.1% | 40.7% | 39.7% | 41.6% | 42.4% |
| Operating Expenses | ||||||||
| Research & Development | $5.5M | $5.4M | $4.3M | $4.1M | $3.5M | $4.0M | $2.2M | $2.5M |
| SG&A Expense | $155.9M | $129.7M | $111.6M | $103.8M | $106.2M | $106.3M | $62.2M | $49.4M |
| Operating Income | $156.9M | $206.5M | $204.9M | $202.8M | $173.7M | $78.2M | $72.7M | $67.4M |
| Operating Margin | 10.8% | 15.5% | 16.5% | 17.3% | 17.3% | 9.6% | 13.9% | 15.6% |
| Interest Expense | — | — | $30.1M | $21.9M | $31.6M | $32.8M | $13.6M | $12.6M |
| Pretax Income | $135.9M | $186.1M | $175.7M | $150.6M | $80.9M | $79.0M | $-8.5M | $21.3M |
| Income Tax Expense | $32.3M | $46.7M | $42.1M | $42.0M | $40.0M | $13.3M | $16.7M | $-16.1M |
| Net Income | $103.6M | $139.3M | $133.6M | $108.6M | $40.9M | $65.6M | $-25.2M | $37.4M |
| Net Margin | 7.1% | 10.5% | 10.7% | 9.3% | 4.1% | 8.0% | -4.8% | 8.7% |
| EPS (Basic) | $1.03 | $1.39 | $1.34 | $1.10 | $0.43 | $0.70 | $-0.31 | $0.53 |
| EPS (Diluted) | $1.02 | $1.38 | $1.32 | $1.08 | $0.42 | $0.35 | $-0.31 | $0.51 |
| Shares Outstanding (Basic) | 100.7M | 99.9M | 99.4M | 98.8M | 95.7M | 94.0M | 80.7M | 70.6M |
| Shares Outstanding (Diluted) | 101.5M | 101.3M | 100.9M | 100.6M | 97.4M | 98.3M | 80.7M | 72.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |