Jul. 10 at 7:05 PM
$SMPL 10:45 AM EDT, 07/10/2026 (MT Newswires) -- Simply Good Foods'(SMPL) fiscal Q3 EPS beat was driven by surprise topline growth and lower general and administrative costs, UBS said in a Thursday research report.
The brokerage said it now expects fiscal Q4 EPS of
$0.42 from
$0.41 earlier. It also boosted its fiscal 2026 and 2027 EPS guidance to
$1.67 and
$1.63, respectively, from
$1.58 and
$1.59 earlier.
The company also boosted its sales outlook, but earnings before interest, taxes, depreciation and amortization was largely unchanged, which implies a lower-than-expected Q4 exit rate amid ongoing input cost pressures and weaker takeaway trends, according to the note.
The brokerage said it reiterated its neutral rating on the stock and boosted its price target to
$15 per share from
$12.
