The Simply Good Foods Company reported unaudited consolidated earnings results for the thirteen weeks ended November 24, 2018. For the quarter, the company reported net sales of $120,931,000 compared to $106,587,000 a year ago. Income from operations was $21,182,000 compared to $19,286,000 a year ago. Net income was $15,257,000 compared to $10,218,000 a year ago. Basic earnings per share were $0.20 compared to $0.14 a year ago. Diluted earnings per share were $0.18 compared to $0.14 a year ago.

Given the solid start to the year the company has updated its outlook for the fiscal year 2019. Specifically, the company expects full year 2019 net sales growth to exceed its long-term target of an annual increase of 4% to 6%. This compares to previous outlook that called for net sales growth to slightly exceed long-term target.