Simply Good Foods acquiring RTD beverage maker
Only What You Need is a maker of plant-based protein shakes.
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Only What You Need is a maker of plant-based protein shakes.
Geoff Tanner, president and CEO of Simply Good Foods said he expected the business would bring the company $120m in net sales in 2024.
Operator: Greetings, and welcome to the Simply Good Foods Company Fiscal Second Quarter 2024 Conference Call. At this time, all participants are in a listen-only mode.
Packaged food company Simply Good Foods (NASDAQ:SMPL) missed analysts' expectations in Q1 CY2024, with revenue up 5.3% year on year to $312.2 million. It made a non-GAAP profit of $0.40 per share, improving from its profit of $0.32 per share in the same quarter last year.
Simply Good Foods beats Q2 earnings, plans Atkins revitalization and protein shake launch for weight-loss drug users, despite revenue miss.