Simply Good Foods Company (SMPL) announced its fiscal year 2026 first quarter results, with earnings per share (EPS) of $0.39, exceeding the prior guidance of $0.36, and revenues of $340.2 million, both surpassing expectations. The earnings growth was primarily driven by strong performance in retail channels of its Quest brand (growing 12.0%) and OWYN brand (growing 17.8%). Despite net income declining 33.7% year-over-year and margin pressure on gross profit, the company reaffirmed its full-year guidance and announced an expansion of its share repurchase program by $200 million.
Simply Good Foods Company (SMPL) announced its fiscal year 2026 first quarter results, with earnings per share (EPS) of $0.39, exceeding the prior guidance of $0.36, and revenues of $340.2 million, both surpassing expectations. The earnings growth was primarily driven by strong performance in retail channels of its Quest brand (growing 12.0%) and OWYN brand (growing 17.8%). Despite net income declining 33.7% year-over-year and margin pressure on gross profit, the company reaffirmed its full-year guidance and announced an expansion of its share repurchase program by $200 million.