Simply Good Foods (SMPL) Tops Q2 EPS by 3c

Simply Good Foods (NASDAQ: SMPL) reported Q2 EPS of $0.32, $0.03 better than the analyst estimate of $0.29. Revenue for the quarter came in at $296.6 million versus the consensus estimate of $293.31 million.

GUIDANCE:

• Reaffirm full year net sales outlook that is expected to increase slightly greater than the Company's long-term algorithm of 4-6%, including a headwind of almost 1 percentage point related to the frozen pizza licensing
• Adjusted EBITDA(4,6) anticipated to increase, but slightly less than the net sales growth rate. The Company previously expected Adjusted EBITDA(4,6) to increase in line with the net sales growth rate

For earnings history and earnings-related data on Simply Good Foods (SMPL) click here.

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