BUZZ-Simply Good Foods rises after lifting annual sales target

The Simply Good Foods

The Simply Good Foods

SMPL

0.00

** Shares of packaged food and beverage co Simply Good Foods SMPL.O up 15% at $14.76 premarket

** Expects annual net sales in the range of $1.35 billion to $1.36 billion, compared with previous forecast between $1.31 billion and $1.35 billion

** Posts Q3 sales of $356.9 million, compared with estimate of $332.7 million - data compiled by LSEG

** Records Q3 adjusted EPS of 42 cents beating analyst estimate of 35 cents

** As of last close, stock down ~40% YTD