Simply Good Foods in the Pivotal Point Check: 15.2% Revenue Increase in Q2 - Positive Forecast and Higher Price Target Boost!

In Q2, revenue increased by 15.2% to $359.7 million. The acquisition of the OWYN brand contributed $33.8 million to revenues. Bernstein raises its price target from $47 to $48 and maintains the rating of Outperform. The stock price of Simply Good Foods surged on Wednesday, April 9, 2025. The reason for this was that the provider of food and snack products exceeded the estimates for Q2 and confirmed its outlook for the full year despite uncertainty regarding tariffs. The Denver-based company reported an adjusted earnings per share of...