NasdaqCM:SMPLFood
Simply Good Foods (SMPL) Is Down 7.2% After Turn To Losses And Cut Sales Outlook - Has The Bull Case Changed?
The Simply Good Foods Company recently reported that third-quarter fiscal 2026 sales fell to US$356.98 million from US$380.96 million a year earlier, with the business moving from a US$41.10 million net profit to a US$51.97 million net loss and posting losses for the first nine months as well.
Alongside these weaker results, management cut net sales guidance for both the fourth quarter and full fiscal 2026, even as it completed a multi-year buyback that retired 16.11% of shares for US$344.93...