Simply Good Foods (SMPL) Tops Q1 EPS by 8c

Go back to Simply Good Foods (SMPL) Tops Q1 EPS by 8c

The Simply Good Foods Company Reports Fiscal First Quarter 2022 Financial Results and Updates Full Fiscal Year 2022 Outlook

January 5, 2022 7:00 AM EST

DENVER, Jan. 05, 2022 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (Nasdaq: SMPL) (Simply Good Foods, or the Company), a developer, marketer and seller of branded nutritional foods and snacking products, today reported financial results for the thirteen weeks ended November 27, 2021.

First Quarter Highlights:(1)

Net sales increased 21.7% driven by strong Atkins and Quest performanceGross profit margin of 41.4%, an increase of 70 basis pointsNet income(2) of $21.2 million versus $43.0... More