Simply Good Foods' Fiscal Q3 Adjusted Earnings, Net Sales Fall; Fiscal 2026 Net Sales Outlook Lifted

Simply Good Foods (SMPL) reported fiscal Q3 adjusted earnings Thursday of $0.42 per diluted share, down from $0.51 a year earlier. Analysts polled by FactSet expected $0.35. Net sales for the fiscal quarter ended May 30 were $357.0 million, down from $381.0 million a year earlier. Analysts surveyed by FactSet expected $333 million. For fiscal 2026, the company increased its projected net sales to between $1.35 billion and $1.36 billion, from $1.31 billion to $1.35 billion. Analysts polled by FactSet expect $1.33 billion. Shares of the company were up more than 14% in recent premarket activity.