Acquisition BenefitsThe acquisition of OWYN enhances diversification for Simply Good Foods Company, expanding into plant-based offerings and increasing exposure to fast-growth RTD beverages.
Brand StrengthThe company's two brands, Quest and Atkins, hold strong positions in the attractive convenient nutrition category.
Sales GrowthHousehold penetration, distribution, and retail sales velocities are each growing at Quest, with 17 new products expected to maintain shelf space and likely improve selling velocity.