Simply Good Foods: Fiscal 1Q Earnings Snapshot
DENVER (AP) _ The Simply Good Foods Co. (SMPL) on Thursday reported fiscal first-quarter net income of $15.3 million.
On a per-share basis, the Denver-based company said it had profit of 18 cents.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share.
The nutritional foods company posted revenue of $120.9 million in the period, also missing Street forecasts. Three analysts surveyed by Zacks expected $122.6 million.
Simply Good Foods shares have risen 33 percent since the beginning of the year. The stock has climbed 30 percent in the last 12 months.