Simply Good Foods’ Quest Debuts Two Protein Chip Flavors with Target and Walmart Exclusivity
Simply Good Foods’ Quest Nutrition will launch Mexican Street Corn chips exclusively at Target in January and Pizza chips nationwide at Walmart in February. Each flavor delivers 19g protein and 4g net carbs per serving to bolster Quest’s high-protein, keto-friendly snack leadership.
1. Analysts Revise SMPL Forecasts Ahead of Q1 Earnings
With Simply Good Foods Company (NASDAQ: SMPL) set to report first-quarter results before the opening bell on Thursday, Jan. 8, 2025, a consensus of eight of the most accurate analysts covering the protein-snacking specialist have adjusted their full guidance for the period. Revenue estimates have risen by 3.8%, from $183.5 million to $190.5 million, reflecting stronger wholesale order trends in December. Meanwhile, consensus diluted EPS forecast climbed 17.4%, from $0.23 to $0.27, driven by anticipated gross-margin expansion of roughly 120 basis points year-over-year. Analysts at Stephens Inc. and BofA Securities both cited double-digit volume growth in the company’s core Quest and OCHO brands, particularly in the Canadian and European markets, as key catalysts. The revisions follow Simply Good Foods’ November announcement of a 9.2% sequential increase in net sales and suggest investors should watch for commentary on supply-chain cost controls and promotional cadence during the earnings call.