Simply Good Foods: Fiscal 3Q Earnings Snapshot
DENVER (AP) _ The Simply Good Foods Co. (SMPL) on Tuesday reported fiscal third-quarter profit of $13.5 million.
The Denver-based company said it had profit of 16 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share.
The nutritional foods company posted revenue of $139.5 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $120.6 million.
Simply Good Foods shares have increased 32% since the beginning of the year. The stock has climbed 72% in the last 12 months.