Can you support this? I feel like most things I've read and most of what I've learned myself while training has been that diet in fact is a much bigger factor, to a level of say 75%/25%. It's very hard to exercise enough to undo a bad food decision, and even if you do exercise a ton, that's not going to reverse vitamin and nutrient deficiencies that may result from eating predominantly processed foods.
Moreover, the type of food you're eating has at least as much effect as its theoretical caloric content. 300 calories of raw carrots is not equal to 300 calories of potato chips, as far as your body is concerned. We're not calorimeters.