Market Updates
Simply Good Foods Lifts Sales Outlook
Scott Peters
06 Apr, 2022
New York City
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The Simply Good Foods said fiscal second quarter ending in December increased 28.7% to $296.7 million and net income in the quarter was $18.5 million compared to a loss of $26.2 million in a year ago period. Gross profit margin declined to 36.6% from 39.1%. Full fiscal year sales increase outlook was revised higher to a range of 13% to 15% from 12% to 14% estimated in three months ago.
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