Simply Good Foods Sees FY24 Sales Growth To Be Mid-Point Of The Company's Long-Term Algorithm Of 4% - 6%
Portfolio Pulse from Benzinga Newsdesk
Simply Good Foods projects FY24 sales growth to be at the mid-point of its long-term algorithm of 4% - 6%.
June 27, 2024 | 11:04 am
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POSITIVE IMPACT
Simply Good Foods forecasts FY24 sales growth to be at the mid-point of its long-term algorithm of 4% - 6%.
The company's projection of sales growth within its long-term algorithm range is a positive indicator for investors, suggesting stable and predictable revenue growth. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100