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Simply Good reaffirms FY23 net sales view of up slightly greater than 4%-6%
The Fly

Simply Good reaffirms FY23 net sales view of up slightly greater than 4%-6%

Consensus $1.25B. Sees FY23 Gross margin will decline versus last year, although at a lower rate than fiscal 2022; Full-year fiscal 2023 Adjusted EBITDA to increase in line with the net sales growth rate; and, Adjusted Diluted EPS to increase less than the Adjusted EBITDA growth rate due to the Company’s expectation of higher interest expense from an increase in the variable interest rate related to its term loan debt, partially mitigated by fewer shares outstanding.

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