From Stock News Network:

1. Simply Good Foods (NASDAQ: SMPL) shares rose 5.1% after reporting first-quarter results with adjusted EBITDA and EPS beating Wall Street’s expectations. Revenue and operating margin missed slightly, but the company reaffirmed its full-year outlook, highlighting impressive momentum in the Quest segment, which achieved nearly $700 million in revenue in fiscal 2023.

2. Simply Good Foods’ shares are less volatile than the market average, with only 4 moves greater than 5% in the last year. Today’s move indicates the market sees the news as meaningful, but not fundamentally changing its perception of the business.

3. Investors who bought $1,000 worth of Simply Good Foods’ shares 5 years ago would now have an investment worth $2,239. The stock seems to be performing well over the long term.



Read more: Why Is Simply Good Foods (SMPL) Stock Soaring Today