Updates

** Packaged food and beverage company Simply Good Foods' SMPL.O shares rise as much as 11.5% to $37

** If gains hold, stock on track for best day since October 2022

** Company's Q2 net sales rise 15.2% to $359.7 million vs est $354.4 million, as per data compiled by LSEG

** SMPL reports adjusted quarterly profit of 46 cents per share vs est 40 cents per share

** Company maintains fiscal 2025 forecasts

** Simply Good's target market of nutritious snacking, on-trend brands, and a lean, cash-generative operating platform can support attractive internal growth augmented by external means - brokerage William Blair

** As of last close, stock down nearly 15% YTD

(Reporting by Anuja Bharat Mistry in Bengaluru)

((AnujaBharat.Mistry@thomsonreuters.com))