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Stock impact report

Why Shares of The Simply Good Foods Company Popped 11.4% on Tuesday [The Motley Fool]

The Simply Good Foods Company (SMPL) 
Last the simply good foods company earnings: 4/6 07:00 am Check Earnings Report
Company Research Source: The Motley Fool
Investors applauded impressive third-quarter results. Here are the highlights and what management had to say. Daniel Miller ( TMFTwoCoins ) Jul 11, 2018 at 9:30AM What happened Shares of The Simply Good Foods Company ( NASDAQ:SMPL )  gained 11.4% on Tuesday after the developer, marketer, and seller of branded nutritional foods and snacks released strong third-quarter 2018 results. So what Third-quarter net sales of $107.2 million represented an 11.1% increase compared to the third-quarter 2017 pro forma results, which gives effect to the business combination of Conyers Park Acquisition Corp. and NCP-ATK Holdings, Inc. as if it occurred on Aug. 28, 2016 -- essentially, a better apples-to-apples comparison . Gross profit margin jumped a healthy 270 basis points to reach 47.8% and adjusted EBITDA increased 21.4% to $17.9 million. Image s Show less Read more
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