'The \"Consumed\" series is my take on CPG news that I find interesting throughout the week. My goal is to add commentary, dive deeper, or bring more context to topics that often do not get covered by the traditional media outlets. Consumed Ep.141 explains how The Simply Good Foods Company just became an official member of an elite club of active nutrition CPG brand portfolios. In this latest episode, I\'ll utilize the 2021 Q4 Simply Good Foods Company (NASDAQ: SMPL) earnings report, earnings call, and supplemental presentations that were filed on 10/22/2021 as the backdrop to provide broad health and fitness snacking market insights. So, which club is that exactly? With the company just finishing up its 2021 fiscal year, The Simply Good Foods Company reached $1 billion combined in total net sales between its Atkins Nutritionals and Quest Nutrition brands. In Q4 of fiscal 2021, both brands had strong retail takeaway growth, with Quest Nutrition specifically had more than 50% greater growth than the segment growth rate. Quest Nutrition also has seen massive success in its Quest Nutrition Protein Chips. It has been the single biggest contributor to the growth in Quest Nutrition household penetration growth and the product has brought in a significant number of new buyers that were incremental to the brand. Even with YoY growth more than doubling, Quest Nutrition has had to throttle it because they couldn’t keep sufficient inventory levels. Moreover, I\'ll zoom out and talk about the entire supply chain situation for The Simply Good Foods Company and explain why I think its supply chain management has proven to be a competitive advantage in these difficult times. The Simply Good Food Company continues to be uniquely positioned with two large-scale channel-diversified U.S. brand leaders in the attractive nutritional snacking category that’s still underpenetrated. They will continue to seek good balance of innovation and variety across brands and forms. This will show up as the company deleverages from a bars and shakes focused product portfolio. The owner of Atkins Nutritionals and Quest Nutrition continues to do a great job at fulfilling the self-actualization goals of its customers without compromising great taste. Active Nutrition TV Commercials = https://youtu.be/N0JAdaCDP5E **I AM NOT A FINANCIAL ANALYST OR ADVISOR AND NOTHING IN THIS VIDEO SHOULD BE USED TO MAKE INVESTING DECISIONS. I AM JUST SHARING MY OPINIONS ON A VALUED PART OF THE CPG ECOSYSTEM THAT I AM PASSIONATE ABOUT. IF INACCURACIES WERE SAID IT WAS AN HONEST MISTAKE AND NOT MALICIOUS OR TO GIVE NEGATIVE INTENT.** Link to Simply Good Foods Company Report - https://www.thesimplygoodfoodscompany.com/financials-and-filings/sec-filings #questnutrition #atkins #proteinbars I appreciate each and every one of you that took even a moment of your time to watch this video. I know your time and attention are your biggest assets and I hope you got adequate value in return from this content. Thank you from the bottom of my heart! ✅ CHECK OUT THE PODCAST ON THE FOLLOWING PLATFORMS:
Tags: low carb , keto diet , rob lowe , atkins diet , quest nutrition , quest bar , protein bars , Tom Bilyeu , josh schall , joshua schall , j. schall consulting , josh schall consulting , atkins bars , quest protein chips , smpl , atkins nutritionals , quest nutrition revenue , atkins vs keto , simply good foods stock , quest bar growth , simply good foods company , quest chips , quest nutrition protein bar , smpl stock , quest cookies , atkins rob lowe , atkins endulge , quest nutrition commercial
See also:
comments