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SMPL - Simply Good Foods: Several Industry Tailwinds To Drive Growth
The Simply Good Foods Company
2024-01-24 05:17:31 ET
Summary
Simply Good Foods is well-positioned to benefit from industry tailwinds, such as food away from home consumption, growing health awareness, and snacking trends.
SMPL's asset-light model allows for increased marketing spend, which is crucial for consumer-facing differentiation and winning market share.
The turnaround efforts for the Atkins brand and the growing awareness marketing campaign for Quest are expected to drive growth for SMPL.