** Shares of packaged food and beverage company Simply Good Foods SMPL.O down as much as 2.7% to $35.76
** Company posts a Q1 net sales rise of 10.6% to $341.3 mln vs estimates of $347.4 mln, according to data compiled by LSEG
** SMPL says excluding the contribution from its recent Only What You Need (OWYN) acquisition, quarterly sales were about the same as last year
** Company reaffirms its annual sales and adjusted EBITDA forecast
** Also reports a Q1 adjusted EPS of 49 cents vs estimates of 46 cents
** SMPL shares fell ~2% last year
(Reporting by Neil J Kanatt in Bengaluru)
((Neil.JKanatt@thomsonreuters.com;))
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