The Simply Good Foods Company Reports Third Quarter 2019 Financial Results
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Simply Good Foods (SMPL) Tops Q3 EPS by 2c, Revenues Beat
July 2, 2019 7:03 AM EDTSimply Good Foods (NASDAQ: SMPL) reported Q3 EPS of $0.16, $0.02 better than the analyst estimate of $0.14. Revenue for the quarter came in at $139.5 million versus the consensus estimate of $120.93 million.
Third Quarter 2019 Financial Highlights vs. Third Quarter 2018
Net sales increased 30.1%, or $32.2 million, to $139.5 millionGross profit margin of 46.8%, a decrease of 100 basis pointsIncome tax expense was $4.6 million versus $2.8 millionNet income increased 88.7%, or $6.3 million, to $13.5 millionEarnings per diluted share (EPS) of... More