Simply Good Foods Co

Analysis for Ticker: SMPL

Simply Good Foods Company operates as a nutrition and snack business that sells protein bars and shakes through brands like Quest and Atkins but the reality is that they do not actually manufacture any of their own products. This structure makes them a host for external factories that siphoned off 925,1$ million in one year just to make the food. The math is a disaster because while the business lost 134$ million in only six months the leaders were busy printing millions of shares for themselves for exactly 0$. It is like a child running a lemonade stand who has to pay a neighbor 0,90$ for every 1,00$ cup sold but then gives away the last 0,10$ to his friends while the stand is broken and the bank is calling to collect its debt.