Securities Fraud Investigation Into The Simply Good Foods Company (SMPL) Announced – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of The Simply Good Foods Company (“Simply Good” or the “Company”) (NASDAQ: SMPL) investors concerning the Company’s possible violations of the federal securities laws.

IF YOU ARE AN INVESTOR WHO LOST MONEY ON THE SIMPLY GOOD FOODS COMPANY (SMPL), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.

What Happened?

On October 23, 2025, Simply Good released its fourth quarter 2025 financial results, disclosing among other things, a “quality issue” with the Company’s recently acquired OWYN brand, “related to a raw material sourcing decision for pea protein made prior to the closing of the acquisition.”

On this news, Simply Good’s stock price fell $4.33, or 17.35%, to close at $20.63 per share on October 23, 2026, thereby injuring investors.

Then, on April 9, 2026, Simply Good released its second quarter 2026 financial results, revealing a decline in net sales “largely driven by poor retail takeaway” including that “OWYN consumption declined year over year due” in part to “poor base velocities.” The Company also reported a net loss of $159.7 million due to a $249.0 million non-cash impairment charge related to the Atkins brand and OWYN brand intangible assets as the “result of a challenging fiscal year 2026 and updated projections of future revenue.”

On this news, Simply Good’s stock price fell $2.61, or 18.1%, to close at $11.80 per share on April 9, 2026, thereby injuring investors further.

Contact Us To Participate or Learn More:

If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.

Charles Linehan, Esq.,
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: [e-mail]
Telephone: [phone] (Toll-Free: 888-773-9224)
Visit our website at www.glancylaw.com.
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Whistleblower Notice

Persons with non-public information regarding Simply Good should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email [e-mail].

About Glancy Prongay Wolke & Rotter LLP

GPWR is a premier law firm with decades of experience representing investors and consumers in securities litigation and other complex class action litigation. Recognizing the firm’s recent successes, GPWR was named one of Law360’s Securities Groups of the Year and ranked second-highest in total investor recoveries by Institutional Shareholder Services Securities Class Action Services in 2025. GPWR’s lawyers have handled cases covering a wide spectrum of corporate misconduct and relating to nearly all industries and sectors. GPWR’s past successes have been widely covered by leading news and industry publications such as The Wall Street Journal, The Financial Times, Bloomberg Businessweek, Reuters, the Associated Press, Barron’s, Investor’s Business Daily, Forbes, and Money. Prior results do not guarantee a similar outcome.

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