Simply Good Foods down after first-quarter sales miss

The Simply Good Foods

08/01/2025 17:11

** Shares of packaged food and beverage company Simply Good
Foods  SMPL.O  down as much as 2.7% to $35.76
    ** Company posts a Q1 net sales rise of 10.6% to $341.3 mln
vs estimates of $347.4 mln, according to data compiled by LSEG
    ** SMPL says excluding the contribution from its recent Only
What You Need (OWYN) acquisition, quarterly sales were about the
same as last year
    ** Company reaffirms its annual sales and adjusted EBITDA
forecast
    ** Also reports a Q1 adjusted EPS of 49 cents vs estimates
of 46 cents
    ** SMPL shares fell ~2% last year

 (Reporting by Neil J Kanatt in Bengaluru)
 ((Neil.JKanatt@thomsonreuters.com;))