President, Vision Research

Robert C Prather Jr

Vision Research LLC (founded in 2011) is an independent equity research firm using fundamental analysis to help investors avoid risk & profit from structurally challenged equities. The research is focused on US & European equities. Primary sectors include consumer, TMT and industrials.  Team background includes 3 CFA Charter holders, 2 Certified Public Accountants, global L/S experience, TMT credit experience, management consulting, software engineer, and long biased international equities.

President

Vision Research

Vision Research was formed in 2004 with the vision of generating the best possible fundamental analysis and investment research for smid cap US equities. In 2008, we broadened our coverage to include mid/large cap US stocks.  After researching a  few ideas outside the US each year for a number of years, we launched a dedicated non-US equity product at the end of 2015.  This was followed by the introduction of a product focused on IPOs in mid-2017.

Fundamental Insight

Equity Bottom-Up

<p>Simply Good Foods was formed in March 2017 with the acquisition of Atkins. Had IPO'd as a SPAC in 2016 under the name Conyers Park. It now operates under 2 brands with the 2019 Quest acquisition. Bars are half of the portfolio, with snacks and RTD shakes equally dividing up the remaining 50%.  Web trends, increasing competition, bullish analysts, weak revenues and margins, and lofty valuations created downside risk.</p>

Simply Good Foods was formed in March 2017 with the acquisition of Atkins. Had IPO'd as a SPAC in 2016 under the name Conyers Park. It now operates under 2 brands with the 2019 Quest acquisition. Bars are half of the portfolio, with snacks and RTD shakes equally dividing up the remaining 50%.  Web trends, increasing competition, bullish analysts, weak revenues and margins, and lofty valuations created downside risk.

Simply Good Foods (SMPL): Facing Weakness Across Product Lines That's Unaccounted For In Estimates

Simply Good Foods Co

Simply Good Foods (SMPL): Facing Weakness Across Product Lines That's Unaccounted For In Estimates