NasdaqCM:SMPLFood
Simply Good Foods (SMPL): Reassessing Valuation After Atkins Impairment and Cautious Growth Outlook
Simply Good Foods (SMPL) just recorded a sizeable non-cash impairment tied to its Atkins brand, pushing reported earnings into the red and sparking fresh debate about where this stock really goes from here.
See our latest analysis for Simply Good Foods.
The recent impairment has landed on top of an already weak stretch, with a roughly 34 percent 3 month share price return and 53 percent 1 year total shareholder return both firmly negative. This signals that momentum has clearly faded as...