Filing Flows › Simply Good Foods (SMPL) › Q2 FY25
Simply Good Foods (SMPL) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Apr 9, 2025
Simply Good Foods (SMPL) reported revenue of $360M for the second quarter fiscal 2025 (Q2 FY25), +15% from a year earlier and +5% from the quarter before. Operating margin was 15.2%, net earnings $36.7M (10.2% of revenue).
Simply Good Foods, Q2 FY25: revenue $360M (+15% year over year), operating margin 15.2%, net earnings $36.7M, operating cash flow $31.2M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $360M | +5% | +15% |
| Gross profit | $130M | -0.3% | +11% |
| Operating profit | $54.7M | +0.2% | +14% |
| Net earnings | $36.7M | -4% | +11% |
| Operating cash flow | $31.2M | -2% | -33% |
| Free cash flow | $30.8M | -3% | -33% |
What changed
Revenue was $359.7M in Q2 FY25, up 15% year over year and up 5% from the previous quarter.
Gross margin was 36.2%, down 1.3 points from a year earlier. Operating profit was $54.7M, a 15.2% margin (down 0.2 points year over year). Of the extra revenue versus a year earlier, 14% reached operating profit, below the 15% margin then. Operating expenses grew 10% against revenue growth of 15%. The fastest-growing cost line was General & admin (+20%). Net earnings were $36.7M, up 11% year over year. The effective tax rate was 25.0%.
Operating cash flow was $31.2M (down 33% year over year), 85% of net earnings. Non-cash charges added back $5.1M of depreciation and amortization and $4.9M of share-based compensation. Working capital and other items used $15.5M. Capital expenditures of $495K left free cash flow of $30.8M.
Questions
What was Simply Good Foods' revenue in the second quarter fiscal 2025?
Simply Good Foods (SMPL) reported revenue of $360M for the second quarter fiscal 2025 (Q2 FY25), +15% from a year earlier and +5% from the quarter before.
Was Simply Good Foods profitable in the second quarter fiscal 2025?
Operating profit was $54.7M (15.2% of revenue) and net earnings $36.7M.
Source: Simply Good Foods 10-Q on SEC EDGAR.