Simply Good Foods Q2 Adj EPS $0.40 Beats $0.38 Estimate, Sales $312.20M Miss $316.88M Estimate
Portfolio Pulse from Benzinga Newsdesk
Simply Good Foods (NASDAQ:SMPL) reported Q2 adjusted EPS of $0.40, surpassing the $0.38 estimate, marking a 25% year-over-year increase. However, their sales of $312.20M fell short of the $316.88M estimate, though still up 5.26% from last year.
April 04, 2024 | 11:02 am
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Simply Good Foods reported a Q2 adjusted EPS of $0.40, beating estimates, with a 25% increase from last year. Sales missed estimates but grew 5.26% YoY.
The positive earnings surprise and year-over-year growth in both earnings and sales suggest a strong financial performance, likely leading to a positive short-term impact on SMPL's stock price. The slight miss on sales estimates may temper gains but is offset by the earnings beat and sales growth.
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