SMPL News & Events

On January 20, 2026, The Simply Good Foods Company announced that Joseph Scalzo joined the Company in the role of President and CEO. Pursuant to the terms of his employment agreement, on January 19, 2026 and in connection with Mr. Scalzo's appointment, the Company granted to Mr. Scalzo an option to purchase 2,000,000 shares of the Company's common stock, with an exercise price equal to the fair market value of a share of the Company's common stock on the date of grant. The stock option has an 8-year term and vests over a three-year period, with approximately one-third vesting each year on the anniversary date of his start date, subject to Mr. Scalzo's continued employment on the scheduled vesting dates or the occurrence of certain termination of employment events, in which case, the terms of his employment agreement provide for continued vesting and exercisability of the stock option. The stock option grant was awarded as an inducement material to Mr. Scalzo's commencing employment with the Company, and this information is being provided pursuant to the requirements of Nasdaq Listing Rule 5635(c)(4).

The Simply Good Foods Company announced the return and appointment of longtime former executive Joe Scalzo as President and Chief Executive Officer. Scalzo, who previously served as Chief Executive Officer of the Company until July 2023 and as Executive Vice Chairman until August 2024, succeeds Geoff Tanner, effective immediately. Scalzo will be appointed as a member of the Board of Directors on January 28, 2026 following the Company's Annual Meeting of Stockholders to be held on that date.

The major averages had a mixed day as profit-taking and risk aversion appeared to take hold ahead of the forthcoming jobs report. After major indexes hit record highs in recent sessions,  broader sentiment reflects a shift to a more measured and selective market, with investors digesting geopolitical developments, mixed earnings cues and fresh macro indicators.Looking to commodities, gold was mostly unchanged, while oil was sharply higher, climbing nearly 4%.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Shares of defense companies surged after President Trump said on social media yesterday that he wants theto be $1.5T, not $1TJPMorgan Chasewillof the Apple Card, taking over from Goldman SachsApplied DigitalreportedParamount Skydancereaffirmed itsfor Warner Bros. DiscoveryGlencorewith Rio Tintoabout a possible combination2. WALL STREET CALLS:Alphabetto Overweight at Cantor FitzgeraldNeedhamNikeon its slower than expected turnaround while Deutsche Bank resumed coverage with a Hold ratingPiper Sandlerthe "Big 3" U.S. automakers General Motors (GM), Fordand Stellantisto OverweightUBSGapto Buy ahead of an expected positive earnings inflectionAlcoato Underweight at JPMorgan3. AROUND THE WEB:After AbbVie (ABBV) denied it is in talks to acquire Revolution Medicines, FT reported that Merckis in talks to buy the cancer drug makerNvidiarequires full upfront payment from Chinese customers looking to buy H200 AI chips, Reuters reportsFordintends to introduce eyes-off technology on an upcoming $30,000 all-electric car in 2028, CNBC saysChina on Wednesday unveiled rules banning major platforms like Alibabaand JD.comfrom coercing merchants into discounts or practices seen as disrupting market order, Bloomberg reportsChevronis in discussions with the U.S government to expand a key license to operate in Venezuela so it can increase crude exports to its own refineries and sell to other buyers, Reuters says4. MOVERS:flyExclusiveincreases after signing anwith StarlinkEnlivengains after reporting "positive" initialfor ELVN-001 in CMLChina SXT Pharmaceuticalshigher in New York after announcing the launch ofImmuneeringlower after reporting survival and safety data from itsCorMedixfalls afterfor Q4 and FY265. EARNINGS/GUIDANCEConstellation Brandsreportedand reiterated its FY26 EPS guidanceCommercial Metalsand provided guidance for Q2, with CEO Peter Matt commenting, "The first quarter market an exceptional start to 2026"RPM, with EPS and revenue missing consensusHelen of Troyand cut its guidance for FY26Simply Foodsand provided guidance for FY26, with CEO Geoff Tanner commenting, "Our first quarter financial performance came in modestly ahead of our expectations"INDEXESThe Dow rose 270.03, or 0.55%, to 49,266.11, the Nasdaq lost 104.26, or 0.44%, to 23,480.02, and the S&P 500 advanced 0.53, or 0.0077%, to 6,921.46.