Sovos Brands (SOVO) Revenue & Revenue Breakdown
Sovos Brands Revenue Highlights
Latest Revenue (Y)
$1.02B
Latest Revenue (Q)
$292.05M
Main Segment (Y)
Rao's
Sovos Brands Revenue by Period
Sovos Brands Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-30 | $1.02B | 16.17% |
| 2022-12-31 | $878.37M | 22.13% |
| 2021-12-25 | $719.19M | 28.41% |
| 2020-12-31 | $560.07M | 44.35% |
| 2019-12-31 | $388.00M | - |
Sovos Brands generated $1.02B in revenue during NA 2023, up 16.17% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
Sovos Brands Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2023-12-30 | $292.05M | 13.22% |
| 2023-09-30 | $257.94M | 18.52% |
| 2023-07-01 | $217.63M | -13.91% |
| 2023-04-01 | $252.79M | -3.55% |
| 2022-12-31 | $262.10M | 25.46% |
| 2022-09-24 | $208.91M | 5.81% |
| 2022-06-25 | $197.43M | -5.95% |
| 2022-03-26 | $209.93M | 10.93% |
| 2021-12-25 | $189.24M | 5.88% |
| 2021-09-25 | $178.73M | 10.44% |
| 2021-06-30 | $161.84M | -14.54% |
| 2021-03-31 | $189.37M | 17.09% |
| 2020-12-31 | $161.73M | 18.11% |
| 2020-09-30 | $136.93M | - |
Sovos Brands generated $292.05M in revenue during Q4 2023, up 13.22% compared to the previous quarter, and up 139.80% compared to the same period a year ago.
Sovos Brands Revenue Breakdown
Sovos Brands Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 |
|---|---|---|
| Rao's | $580.09M | $419.97M |
| Michael Angelo's | $80.92M | $79.41M |
| Noosa | $176.17M | $163.48M |
| Birch Bender's | - | $56.33M |
Sovos Brands's latest annual revenue breakdown by segment (product or service), as of Dec 22: Rao's (69.29%), Noosa (21.04%), and Michael Angelo's (9.67%).
Quarterly Revenue by Product
| Product/Service | Jul 23 | Apr 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Sep 21 |
|---|---|---|---|---|---|---|---|
| Michael Angelo's | $15.12M | $19.10M | $19.67M | $21.27M | $19.74M | $20.24M | $22.09M |
| Noosa | $47.99M | $45.28M | $44.06M | $42.70M | $47.55M | $41.85M | $41.71M |
| Rao's | $154.89M | $189.19M | $187.69M | $135.19M | $119.80M | $137.41M | $101.12M |
| Birch Bender's | - | - | - | $9.75M | $10.35M | $10.43M | $13.81M |
Sovos Brands's latest quarterly revenue breakdown by segment (product or service), as of Jul 23: Rao's (71.05%), Noosa (22.01%), and Michael Angelo's (6.94%).
Sovos Brands Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| THS | TreeHouse Foods | $3.43B | $788.50M |
| CENT | Central Garden & Pet Company | $3.31B | $900.09M |
| LANC | Lancaster Colony | $1.87B | $471.45M |
| HAIN | Hain Celestial Group | $1.74B | $438.36M |
| JJSF | J&J Snack Foods | $1.56B | $439.96M |
| SENEA | Seneca Foods | $1.46B | $304.73M |
| SMPL | Simply Good Foods Company | $1.24B | $334.76M |
| JBSS | John B. Sanfilippo & Son | $1.07B | $271.88M |
| SOVO | Sovos Brands | $1.02B | $292.05M |
| BRID | Bridgford Foods | $251.64M | $49.26M |
| NATR | Nature's Sunshine Products | $100.00K | $110.55M |
SOVO Revenue FAQ
What is Sovos Brands’s yearly revenue?
Sovos Brands's yearly revenue for 2023 was $1.02B, representing an increase of 16.17% compared to 2022. The company's yearly revenue for 2022 was $878.37M, representing an increase of 22.13% compared to 2021. SOVO's yearly revenue for 2021 was $719.19M, representing an increase of 28.41% compared to 2020.
What is Sovos Brands’s quarterly revenue?
Sovos Brands's quarterly revenue for Q4 2023 was $292.05M, a 13.22% increase from the previous quarter (Q3 2023), and a 11.43% increase year-over-year (Q4 2022). The company's quarterly revenue for Q3 2023 was $257.94M, a 18.52% increase from the previous quarter (Q2 2023), and a 23.47% increase year-over-year (Q3 2022). SOVO's quarterly revenue for Q2 2023 was $217.64M, a -13.91% decrease from the previous quarter (Q1 2023), and a 10.23% increase year-over-year (Q2 2022).
What is Sovos Brands’s revenue growth rate?
Sovos Brands's revenue growth rate for the last 3 years (2021-2023) was 41.89%, and for the last 5 years (2019-2023) was 162.99%.
What are Sovos Brands’s revenue streams?
Sovos Brands's revenue streams in c 22 are Rao's, Michael Angelo's, and Noosa. Rao's generated $580.09M in revenue, accounting 69.29% of the company's total revenue, up 38.13% year-over-year. Michael Angelo's generated $80.92M in revenue, accounting 9.67% of the company's total revenue, up 1.90% year-over-year. Noosa generated $176.17M in revenue, accounting 21.04% of the company's total revenue, up 7.76% year-over-year.
What is Sovos Brands’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of Sovos Brands was Rao's. This segment made a revenue of $580.09M, representing 69.29% of the company's total revenue.