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212-363-7500Expired
Lead Plaintiff Deadline
Jan 1, 1800
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The filed complaint alleges that The Simply Good Foods Company made materially false and/or misleading statements and/or failed to disclose that: During the Q4 2025 earnings call on October 23, 2025, CEO Geoff Tanner told investors: "we’re confident our gross margins will improve beginning modestly in Q3 and more meaningfully into Q4,” and “are confident we will work through these headwinds as we continue to evolve the company." Simply Good Foods reaffirmed its fiscal 2026 guidance when reporting Q1 2026 earnings, expecting flat net sales at the midpoint and gross margin declines between 100 and 150 basis points. When the Q2 results were reported, the company disclosed a 9.4% year-over-year revenue decline and a similar gross margin decline of 460 basis points for the quarter. Simply Good Foods subsequently cut FY 2026 revenue guidance to negative 7-10% growth and gross margin to a decline of 300 to 350 basis points in the year. The stock fell over 18% in a single session.
In order to be eligible to join the SMPL class action lawsuit, you must have incurred a loss on shares of The Simply Good Foods Company purchased during the class period listed above.
If you suffered a loss in The Simply Good Foods Company during the relevant time frame or pursuant to the relevant offering(s), you have until January 1, 1800 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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