Sovos Brands Stock (NASDAQ:SOVO)


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$22.95

52W Range

$13.84 - $23.00

50D Avg

$22.31

200D Avg

$21.35

Market Cap

$2.34B

Avg Vol (3M)

$1.64M

Beta

0.01

Div Yield

-

SOVO Company Profile


Sovos Brands, Inc., through its subsidiaries, manufactures and distributes consumer food products in the United States. The company operates in two segments, Dinners & Sauces, and Breakfast & Snacks. It provides pasta sauces, dry pasta, soups, frozen entrees, yogurts, pancake and waffle mixes, other baking mixes, and frozen waffles under the Rao's, Michael Angelo's, noosa, and Birch Benders brands. The company sells its products principally to retail outlets and wholesale distributors, including traditional supermarkets, mass merchants, warehouse clubs, wholesalers, specialty food distributors, military commissaries, and non-food outlets, such as drug store chains, dollar stores, and e-commerce retailers. Sovos Brands, Inc. was founded in 1983 and is headquartered in Louisville, Colorado.

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Industry

Packaged Foods

Sector

Consumer Defensive

Exchange

NASDAQ

ADR

-

Country

US

Employees

751

IPO Date

Sep 23, 2021

Website

SOVO Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 22Dec 21
Rao's$580.09M$419.97M
Michael Angelo's$80.92M$79.41M
Noosa$176.17M$163.48M
Birch Bender's-$56.33M

Fiscal year ends in Dec 23 | Currency in USD

SOVO Financial Summary


Dec 23Dec 22Dec 21
Revenue$1.02B$878.37M$719.19M
Operating Income$80.56M$54.85M$56.86M
Net Income$62.80M$-53.45M$1.92M
EBITDA$113.14M$93.72M$94.67M
Basic EPS$0.61$-0.53$0.02
Diluted EPS$0.61$-0.53$0.02

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q1 23May 12, 23 | 2:24 PM
Q4 22Mar 08, 23 | 9:35 PM
Q3 22Nov 06, 22 | 3:03 AM

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