{"success":true,"data":{"pressRelease":{"id":"147318","rtpr_id":"rest-05161ee60dcf3788","ticker":"SMPL","exchange":"NASDAQ","all_tickers":[],"title":"Pomerantz LLP Issues Reminder to Shareholders in The Simply Good Foods Company  of Class Action – SMPL","author":"ACCESSWIRE","published_at":"2026-09-18T11:00:06.082Z","article_body":"NEW YORK CITY, NY / ACCESS Newswire (https://www.accessnewswire.com/) /\nSeptember 18, 2026 / Pomerantz LLP announces that a class action lawsuit has\nbeen filed against The Simply Good Foods Company (\"Simply Good Foods\" or the\n\"Company\") (NASDAQ:SMPL). Such investors are advised to contact Danielle\nPeyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free,\nExt. 7980. Those who inquire by e-mail are encouraged to include their mailing\naddress, telephone number, and the number of shares purchased.\n\nThe class action concerns whether Simply Good Foods and certain of its\nofficers and/or directors have engaged in securities fraud or other unlawful\nbusiness practices.\n\nYou have until October 13, 2026, to ask the Court to appoint you as Lead\nPlaintiff for the class if you purchased or otherwise acquired Simply Good\nFoods securities during the Class Period. A copy of the Complaint can be\nobtained at www.pomerantzlaw.com.\n\n[Click here for information about joining the class action]\n(https://pomlaw.com/cases-and-investigations/case-viewer/?company=SMPL)\n\nOn October 23, 2025, Simply Good Foods issued a release reporting financial\nresults for its fourth fiscal quarter and year ending August 30, 2025,\nrevealing that Simply Good Foods' OWYN segment had in fact suffered a slowdown\nin sales growth. During the related earnings call, CEO Geoff E. Tanner\nrevealed that end user consumption of OWYN branded products had declined due\nto a previously undisclosed product quality issue. Specifically, Tanner\nexplained that \"a raw material sourcing decision for pea protein,\" which\npredated the close of the OWYN acquisition but was implemented shortly\nthereafter, had \"resulted in taste and texture issues\" as the products aged,\nleading to negative product ratings and reviews and depressed sales for OWYN.\nSimply Good Foods also provided disappointing 2026 net sales guidance in the\nrange of negative 2% to positive 2%, a decline in the rate of growth of at\nleast 75% from the 9% net sales growth Simply Good Foods had reported for\nfiscal 2025.\n\nOn this news, Simply Good Foods' stock price fell $4.33 per share, or 17.35%,\nto close at $20.63 per share on October 23, 2025.\n\nThen, on April 9, 2026, Simply Good Foods announced its second quarter of 2026\nearnings results, revealing that OWYN's quarterly sales had contracted by\nnearly 17% year-over-year. Simply Good Foods further revealed a $187 million\nimpairment charge against its OWYN brand intangible assets and slashed its\n2026 net sales outlook to a range of negative 7% to negative 10%.\n\nOn this news, Simply Good Foods' stock price fell $2.61 per share, or 18.11%,\nto close at $11.80 per share on April 9, 2026.\n\nPomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris,\nand Tel Aviv, is acknowledged as one of the premier firms in the areas of\ncorporate, securities, and antitrust class litigation. Founded by the late\nAbraham L. Pomerantz, known as the dean of the class action bar, Pomerantz\npioneered the field of securities class actions. Today, more than 85 years\nlater, Pomerantz continues in the tradition he established, fighting for the\nrights of the victims of securities fraud, breaches of fiduciary duty, and\ncorporate misconduct. The Firm has recovered numerous multimillion-dollar\ndamages awards on behalf of class members. See www.pomlaw.com.\n\nAttorney advertising. Prior results do not guarantee similar outcomes.\n\nSOURCE: Pomerantz LLP\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/business-and-professional-services/pomerantz-llp-issues-reminder-to-shareholders-in-the-simply-good-1212450)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved.","article_body_html":"","raw_payload":{"id":"rest-05161ee60dcf3788","title":"Pomerantz LLP Issues Reminder to Shareholders in The Simply Good Foods Company  of Class Action – SMPL","author":"ACCESSWIRE","ticker":"SMPL","created":"2026-09-18T11:00:06.082Z","tickers":[],"exchange":"NASDAQ","article_body":"NEW YORK CITY, NY / ACCESS Newswire (https://www.accessnewswire.com/) /\nSeptember 18, 2026 / Pomerantz LLP announces that a class action lawsuit has\nbeen filed against The Simply Good Foods Company (\"Simply Good Foods\" or the\n\"Company\") (NASDAQ:SMPL). Such investors are advised to contact Danielle\nPeyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free,\nExt. 7980. Those who inquire by e-mail are encouraged to include their mailing\naddress, telephone number, and the number of shares purchased.\n\nThe class action concerns whether Simply Good Foods and certain of its\nofficers and/or directors have engaged in securities fraud or other unlawful\nbusiness practices.\n\nYou have until October 13, 2026, to ask the Court to appoint you as Lead\nPlaintiff for the class if you purchased or otherwise acquired Simply Good\nFoods securities during the Class Period. A copy of the Complaint can be\nobtained at www.pomerantzlaw.com.\n\n[Click here for information about joining the class action]\n(https://pomlaw.com/cases-and-investigations/case-viewer/?company=SMPL)\n\nOn October 23, 2025, Simply Good Foods issued a release reporting financial\nresults for its fourth fiscal quarter and year ending August 30, 2025,\nrevealing that Simply Good Foods' OWYN segment had in fact suffered a slowdown\nin sales growth. During the related earnings call, CEO Geoff E. Tanner\nrevealed that end user consumption of OWYN branded products had declined due\nto a previously undisclosed product quality issue. Specifically, Tanner\nexplained that \"a raw material sourcing decision for pea protein,\" which\npredated the close of the OWYN acquisition but was implemented shortly\nthereafter, had \"resulted in taste and texture issues\" as the products aged,\nleading to negative product ratings and reviews and depressed sales for OWYN.\nSimply Good Foods also provided disappointing 2026 net sales guidance in the\nrange of negative 2% to positive 2%, a decline in the rate of growth of at\nleast 75% from the 9% net sales growth Simply Good Foods had reported for\nfiscal 2025.\n\nOn this news, Simply Good Foods' stock price fell $4.33 per share, or 17.35%,\nto close at $20.63 per share on October 23, 2025.\n\nThen, on April 9, 2026, Simply Good Foods announced its second quarter of 2026\nearnings results, revealing that OWYN's quarterly sales had contracted by\nnearly 17% year-over-year. Simply Good Foods further revealed a $187 million\nimpairment charge against its OWYN brand intangible assets and slashed its\n2026 net sales outlook to a range of negative 7% to negative 10%.\n\nOn this news, Simply Good Foods' stock price fell $2.61 per share, or 18.11%,\nto close at $11.80 per share on April 9, 2026.\n\nPomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris,\nand Tel Aviv, is acknowledged as one of the premier firms in the areas of\ncorporate, securities, and antitrust class litigation. Founded by the late\nAbraham L. Pomerantz, known as the dean of the class action bar, Pomerantz\npioneered the field of securities class actions. Today, more than 85 years\nlater, Pomerantz continues in the tradition he established, fighting for the\nrights of the victims of securities fraud, breaches of fiduciary duty, and\ncorporate misconduct. The Firm has recovered numerous multimillion-dollar\ndamages awards on behalf of class members. See www.pomlaw.com.\n\nAttorney advertising. Prior results do not guarantee similar outcomes.\n\nSOURCE: Pomerantz LLP\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/business-and-professional-services/pomerantz-llp-issues-reminder-to-shareholders-in-the-simply-good-1212450)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved.","article_body_html":""},"received_at":"2026-09-18T11:06:19.461Z","source_url":"https://www.accessnewswire.com/newsroom/en/business-and-professional-services/pomerantz-llp-issues-reminder-to-shareholders-in-the-simply-good-1212450"},"analysis":{"id":"136117","press_release_id":"147318","analysis_json":{"industry":{"label":"Packaged Foods & Meats","sector":"Consumer Staples"},"redFlags":["Securities fraud class action filed against SMPL; lead plaintiff deadline October 13, 2026","Allegations center on a previously undisclosed OWYN raw-material quality issue that depressed sales and product ratings","Underlying fundamentals cited: $187 million OWYN brand impairment and FY2026 net sales guidance cut to negative 7% to negative 10%"],"eventType":"legal_litigation","narrative":"Pomerantz LLP announced that a securities class action has been filed against The Simply Good Foods Company (NASDAQ: SMPL), alleging securities fraud or other unlawful business practices by the company and certain officers and directors. Investors who purchased SMPL securities during the class period have until October 13, 2026 to ask the court to appoint them lead plaintiff.\n\nThe notice recites the underlying events: an undisclosed OWYN raw-material quality issue disclosed on October 23, 2025 sent the stock down 17.35% to $20.63, and on April 9, 2026 OWYN sales contraction of nearly 17% plus a $187 million impairment and a guidance cut to negative 7% to negative 10% drove an 18.11% drop to $11.80.\n\nThis is a plaintiff-law-firm solicitation, not a new disclosure from Simply Good Foods; the quality issue, impairment, and guidance cut were previously reported. Treat as low-signal noise for the issuer.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm class-action solicitation -- suppress; underlying impairment and guidance cut are the only substantive items and were previously disclosed."},"keyFigures":{"guidance":"FY2026 net sales outlook negative 7% to negative 10% (slashed from the earlier negative 2% to positive 2% range)","customDimensions":{"impairment_charge_usd":187000000,"smpl_close_2025_10_23":20.63,"smpl_close_2026_04_09":11.8,"fy2025_net_sales_growth":"9%","lead_plaintiff_deadline":"2026-10-13","owyn_q2_fy2026_sales_yoy":"nearly -17%","smpl_drop_2025_10_23_pct":"-17.35%","smpl_drop_2026_04_09_pct":"-18.11%"}},"quotedText":"resulted in taste and texture issues","namedEntities":{"people":[{"name":"Danielle Peyton","role":"Pomerantz LLP contact attorney for investors"},{"name":"Geoff E. Tanner","role":"CEO, The Simply Good Foods Company"}],"products":["OWYN"],"companies":[{"name":"The Simply Good Foods Company","ticker":"SMPL","relationship":"defendant / named issuer (target of the class action)"},{"name":"Pomerantz LLP","relationship":"plaintiff law firm and release author"}],"dollarAmounts":[{"amount":"$4.33","context":"SMPL share-price decline on October 23, 2025"},{"amount":"$20.63","context":"SMPL closing price on October 23, 2025"},{"amount":"$187 million","context":"impairment charge against OWYN brand intangible assets"},{"amount":"$2.61","context":"SMPL share-price decline on April 9, 2026"},{"amount":"$11.80","context":"SMPL closing price on April 9, 2026"}]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm shareholder solicitation issued by Pomerantz LLP under its own name. A class action has been filed against SMPL, but no class certification or settlement is announced and no new issuer disclosure is made."},"tickerRelevance":{"others":[],"primary":"SMPL"},"globalImportance":18,"audienceRelevance":16,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid-cap consumer staples","eventGravity":"law-firm-solicitation","issuerAuthored":false,"householdBrandBoost":"Atkins/OWYN parent gives modest retail name recognition","underlyingEventSeverity":"class action filed, not certified"}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Pomerantz LLP announced that a securities class action has been filed against The Simply Good Foods Company (NASDAQ: SMPL), alleging securities fraud or other unlawful business practices by the company and certain officers and directors. Investors who purchased SMPL securities during the class period have until October 13, 2026 to ask the court to appoint them lead plaintiff.\n\nThe notice recites the underlying events: an undisclosed OWYN raw-material quality issue disclosed on October 23, 2025 sent the stock down 17.35% to $20.63, and on April 9, 2026 OWYN sales contraction of nearly 17% plus a $187 million impairment and a guidance cut to negative 7% to negative 10% drove an 18.11% drop to $11.80.\n\nThis is a plaintiff-law-firm solicitation, not a new disclosure from Simply Good Foods; the quality issue, impairment, and guidance cut were previously reported. Treat as low-signal noise for the issuer.","key_figures":{"guidance":"FY2026 net sales outlook negative 7% to negative 10% (slashed from the earlier negative 2% to positive 2% range)","customDimensions":{"impairment_charge_usd":187000000,"smpl_close_2025_10_23":20.63,"smpl_close_2026_04_09":11.8,"fy2025_net_sales_growth":"9%","lead_plaintiff_deadline":"2026-10-13","owyn_q2_fy2026_sales_yoy":"nearly -17%","smpl_drop_2025_10_23_pct":"-17.35%","smpl_drop_2026_04_09_pct":"-18.11%"}},"named_entities":{"people":[{"name":"Danielle Peyton","role":"Pomerantz LLP contact attorney for investors"},{"name":"Geoff E. Tanner","role":"CEO, The Simply Good Foods Company"}],"products":["OWYN"],"companies":[{"name":"The Simply Good Foods Company","ticker":"SMPL","relationship":"defendant / named issuer (target of the class action)"},{"name":"Pomerantz LLP","relationship":"plaintiff law firm and release author"}],"dollarAmounts":[{"amount":"$4.33","context":"SMPL share-price decline on October 23, 2025"},{"amount":"$20.63","context":"SMPL closing price on October 23, 2025"},{"amount":"$187 million","context":"impairment charge against OWYN brand intangible assets"},{"amount":"$2.61","context":"SMPL share-price decline on April 9, 2026"},{"amount":"$11.80","context":"SMPL closing price on April 9, 2026"}]},"model_name":"glm-5.3-flash","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-18T11:33:50.755Z","global_importance":18,"audience_relevance":16,"importance_components":{"tickerTier":"mid-cap consumer staples","eventGravity":"law-firm-solicitation","issuerAuthored":false,"householdBrandBoost":"Atkins/OWYN parent gives modest retail name recognition","underlyingEventSeverity":"class action filed, not certified"}},"durationMs":49699,"modelName":"glm-5.3-flash"}}