India, July 9 -- Nutritional snack maker Simply Good Foods Co. (SMPL) reported Thursday a net loss for the third quarter of $51.97 million or $0.58 per share, compared to net income of $41.10 million or $0.40 per share in the prior-year quarter.
Excluding items, adjusted earnings for the quarter were $0.42 per share, compared to $0.51 per share in the year-ago quarter
Net sales for the quarter declined 6.3 percent to $356.98 million from $380.96 million in the same quarter last year.
For the fourth quarter, the company now expects net sales between $322 million and $532 million.
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