Simply Good Foods sees FY25 net sales increase 8.5%-10.5%

Due to solid retail takeaway, visibility into second quarter orders and strong Adjusted EBITDA growth to start the year, the Company reaffirms its fiscal year 2025 outlook. The Company expects organic sales growth to be driven primarily by volume and has strong advertising and marketing plans in place, as well as innovation, merchandising and promotions that should enable it to achieve its objectives. As discussed last quarter, in fiscal year 2025, the Company expects input cost inflation. There is no material change to the Company’s gross margin outlook and efforts are focused on productivity and cost savings initiatives that are expected to partially offset the increase of these higher costs.