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Simply Good Foods: Fiscal 1Q Earnings Snapshot

DENVER — The Simply Good Foods Co. (SMPL) on Thursday reported a fiscal first-quarter loss of $4.8 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Denver-based company said it had a loss of 5 cents. Earnings, adjusted for non-recurring costs, came to 22 cents per share.

The nutritional foods company posted revenue of $152.2 million in the period.

Simply Good Foods expects full-year earnings in the range of 90 cents to 95 cents per share, with revenue in the range of $850 million to $870 million.

Simply Good Foods shares have declined 2.5% since the beginning of the year. The stock has risen 47% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SMPL at https://www.zacks.com/ap/SMPL

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