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Stock impact report

The Simply Good Foods Company Reports Fiscal Fourth Quarter And Full Fiscal Year 2021 Financial Results and Provides Full Year 2022 Outlook

The Simply Good Foods Company (SMPL) 
Last the simply good foods company earnings: 4/6 07:00 am Check Earnings Report
Company Research Source: GlobeNewswire
DENVER, Oct. 22, 2021 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (Nasdaq: SMPL) (“Simply Good Foods,” or the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products, today reported financial results for the thirteen and fifty-two weeks ended August 28, 2021. The Company’s fiscal fourth quarter 2021 and full year results include Quest results for the full period. The Company’s fiscal fourth quarter 2020 results include thirteen weeks of Quest and about forty-two weeks for the prior year. Fourth Quarter Highlights:(1) Net sales increased 16.9% driven by solid Atkins and Quest performanceGross profit margin of 40.2%, an increase of 60 basis pointsNet income(2) of $18.2 million versus a net loss(2) of $39.3 millionEarnings per diluted share(2) of $0.19 versus a loss per diluted share of $(0.41)Adjusted Diluted EPS(3) of $0.29 versus $0.20Adjusted EBITDA(4) increased 30.9% to $48.5 millionFull year fiscal 2022 outlook: Show less Read more
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