Brief: The Simply Good Foods Company Reports Fiscal Second Quarter 2022 Financial Results And Updates Full Fiscal Year 2022 Outlook

The Simply Good Foods

06/04/2022 12:40

April 6 (Reuters) - Simply Good Foods Co  SMPL.O :
    * THE SIMPLY GOOD FOODS COMPANY REPORTS FISCAL SECOND
QUARTER
2022 FINANCIAL RESULTS AND UPDATES FULL FISCAL YEAR 2022 OUTLOOK
    * Q2 ADJUSTED EARNINGS PER SHARE $0.36
    * Q2 EARNINGS PER SHARE $0.18
    * SEES FY SALES UP 13 TO 15 PERCENT
    * SAYS REAFFIRMS FY 2022 GROSS MARGIN OUTLOOK OF ABOUT 250
BASIS
POINTS DECLINE VERSUS LAST YEAR
    * QTRLY NET SALES INCREASED 28.7%
    * SAYS FISCAL 2022 ADJUSTED EBITDA TO INCREASE SLIGHTLY LESS
THAN
NET SALES GROWTH RATE
    * SAYS FY 2022 ADJUSTED DILUTED EPS TO INCREASE GREATER THAN
ADJUSTED EBITDA
    * QTRLY NET SALES INCREASED $66.1 MILLION, OR 28.7%, TO
$296.7
MILLION
    * Q2 EARNINGS PER SHARE VIEW $0.27, REVENUE VIEW $274.9
MILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nGNXNDb3g 
Further company coverage:  SMPL.O 

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