Simply Good Foods up after quarterly results beat estimates

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