Simply Good Foods Co reports results for the quarter ended May 31 - Earnings Summary
Simply Good Foods Co reports results for the quarter ended May 31 - Earnings Summary
Simply Good Foods Co SMPL.OQ reported quarterly adjusted earnings of 42 cents per share for the quarter ended May 31, lower than the same quarter last year, when the company reported EPS of 51 cents. The mean expectation of eight analysts for the quarter was for earnings of 35 cents per share. Wall Street expected results to range from 33 cents to 38 cents per share.
Revenue fell 6.3% to $356.98 million from a year ago; analysts expected $332.66 million.
Simply Good Foods Co's reported EPS for the quarter was a loss of 58 cents.
The company reported a quarterly loss of $51.97 million.
Simply Good Foods Co shares had fallen by 3.3% this quarter and lost 36.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 22.1% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the food processing peer group is also "buy"
Wall Street's median 12-month price target for Simply Good Foods Co is $14.00, about 8.3% above its last closing price of $12.84
This summary was machine generated from LSEG data July 9 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
May. 31 2026 | 0.35 | 0.42 | Beat |
Feb. 28 2026 | 0.39 | 0.45 | Beat |
Nov. 30 2025 | 0.36 | 0.39 | Beat |
Aug. 31 2025 | 0.47 | 0.46 | Missed |
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