By Dean Seal

Simply Good Foods logged higher sales and earnings in its fiscal second quarter as demand holds strong for high-protein and low-carbohydrate foods and beverages.

The maker of nutritional bars and ready-to-drink shakes posted a profit of $36.3 million, or 36 cents a share, for the quarter ended March 1. That's up from $33.1 million, or 33 cents a share, in the comparable period a year earlier.

Stripping out one-time items, adjusted earnings were 46 cents a share. Analysts polled by FactSet had been forecasting 40 cents a share.

Sales jumped 15% to $359.7 million, beat analyst estimates for $354.6 million, according to FactSet.

The company's Only What You Need brand, which it acquired last summer, contributed a big chunk of the growth. On an organic basis, sales were up 4.4%, driven by its Quest Nutrition brand.

Higher volumes and the inclusion of Only What You Need boosted Simply Good's gross margin, the company said.

Simply Good is sticking by its guidance for sales to rise 8.5% to 10.5% in fiscal 2025.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

April 09, 2025 07:24 ET (11:24 GMT)

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