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Simply Good Foods Fiscal Q2 Adjusted Earnings, Net Sales Climb; Revises FY 2024 Outlook
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Simply Good Foods Fiscal Q2 Adjusted Earnings, Net Sales Climb; Revises FY 2024 Outlook
Apr 4, 2024 4:49 AM

07:36 AM EDT, 04/04/2024 (MT Newswires) -- Simply Good Foods ( SMPL ) reported fiscal Q2 adjusted earnings Thursday of $0.40 per diluted share, up from $0.32 a year earlier.

Analysts polled by Capital IQ expected $0.38.

Net sales for the quarter ended Feb. 24 were $312.2 million, up from $296.6 million a year earlier.

Analysts surveyed by Capital IQ expected $316.2 million.

For full fiscal year 2024, the company said it now expects net sales to increase around the mid-point of its outlook of 4% to 6%, previously expecting an increase at the high-end of the range. Analysts polled by Capital IQ are expecting revenue of $1.31 billion.

Shares of the company were up 1.3% in recent Thursday premarket activity.

Price: 33.01, Change: +0.42, Percent Change: +1.29

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