Simply Good Foods (SMPL) sees a mixed sentiment ahead of its fiscal Q1 earnings on Thursday, UBS said in a Sunday note.
For the fiscal Q1, the brokerage modeled an organic sales decline of 1.8%, compared with the Visible Alpha consensus of -1.6%.
Additionally, UBS said its base case is for the company to reiterate its fiscal 2026 guidance.
UBS expected fiscal 2026 earnings per share of $1.80 and adjusted earnings before interest, taxes, depreciation and amortization of $267 million compared with the Visible Alpha consensus of $1.86 and $268 million, respectively.
The firm rated Simply Good Foods as neutral with a price target of $23.
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