1021 ET - Simply Good Foods plunges 18% after cutting its outlook for the year. Despite the downbeat readout, though, William Blair analysts say in a research note they remain optimistic about the packaged-food company's long-term outlook. "We believe in our thesis that Simply Good's target nutritious snacking market, on-trend brands in Quest and Owyn, and asset-light cash-generative model can support solid organic growth augmented (over time) by acquisitions," they say. William Blair maintains its outperform rating. (connor.hart@wsj.com)
(END) Dow Jones Newswires
April 09, 2026 10:21 ET (14:21 GMT)
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