Real Good Food jumps after raising annual outlook

Real Good Food

13/05/2022 18:32

** Shares in frozen food maker  RGF.O  rise ~11% to $7.02 in
afternoon trading 
    ** Stock on pace for its best day in nearly two months
    ** RGF lifts its annual sales outlook, boosted by strong
demand for its high-protein and gluten-free packaged meals from
health conscious consumers
    ** Sees net sales between $150 mln and $160 mln in FY 2022,
compared with its prior guidance range of $140 mln-$150
mln urn:newsml:reuters.com:*:nGNX3Zf8fP
    ** Co's Q1 sales more than double to $37.6 mln 
    ** Stock up ~14% YTD

 (Reporting by Deborah Sophia in Bengaluru)
 ((DeborahMary.Sophia@thomsonreuters.com;))