HIGHOutside partyCustomer
limited number of retailers
“10-K Item 1: 'A substantial majority of our sales are generated from a limited number of retailers.'”
SMPL · Concentration risk · 10-K extracted
The Simply Good Foods (SMPL) concentration risks
Updated
The most significant concentration The Simply Good Foods discloses is limited number of retailers, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Source: The Simply Good Foods’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 4 disclosed concentrations
HIGH1
MEDIUM2
LOW1
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMOutside partyCustomer
30%
Walmart Inc.
“10-K Item 1: 'Sales to our largest retailer, Walmart Inc., represented approximately 30% of consolidated sales in fiscal year 2026'”
MEDIUMBuilt-inGeographic
North America
“10-K Item 1A: 'We operate mainly in North America and, therefore, are particularly susceptible to adverse regulations, economic climate, consumer trends'”
LOWOutside partyCustomer
20%
Amazon
“10-K Item 1: 'Sales to our next largest retailer, Amazon, represented approximately 20% of consolidated sales in fiscal year 2026'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-11-01Simply Good Foods sells through a narrow retail channel. A substantial majority of its sales come from a limited number of retailers, a high-share dependency. Within that group, Walmart Inc. represented approximately 30% of consolidated sales, a medium-share exposure, and Amazon represented approximately 20%, a low-share exposure. Both are counterparty-specific: shelf-space decisions, pricing terms or a changed relationship at either retailer would flow straight into revenue. The geographic concentration is structural rather than relationship-driven. The company operates mainly in North America and is therefore particularly susceptible to adverse regulations, economic climate and consumer trends there, a medium-share exposure. Netting these out, retailer concentration is the exposure most likely to move the verdict, with Walmart the single largest point of leverage, while the North American footprint is a slower-moving structural backdrop. All three are plainly disclosed in the 10-K.
For the engine’s reasoning on SMPL’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Packaged Foods
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| SMPL● | The Simply Good Foods Company | 1 | 2 | 1 | 4 |
| CENT | Central Garden & Pet Company | 1 | 1 | 2 | 4 |
| CENTA | Central Garden & Pet Company | 1 | 1 | 2 | 4 |
| CPB | The Campbell's Company | 1 | 1 | 1 | 3 |
| CAG | ConAgra Brands, Inc. | 0 | 1 | 0 | 1 |
| BRBR | BellRing Brands, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.