Simply Good Foods: Fiscal First Quarter Earnings Overview
Simply Good Foods Reports Strong First-Quarter Earnings
Simply Good Foods Co., headquartered in Denver, announced on Thursday that it achieved a net profit of $25.3 million for its fiscal first quarter.
The company reported earnings of $0.26 per share. When excluding certain one-time expenses and stock-based compensation, adjusted earnings reached $0.39 per share.
These results surpassed analysts' expectations, as the consensus from four analysts polled by Zacks Investment Research had predicted earnings of $0.36 per share.
Revenue for the quarter totaled $340.2 million, exceeding the $336.6 million anticipated by five Zacks-surveyed analysts.
Financial data for this article was sourced from Zacks Investment Research and compiled by Automated Insights.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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