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.

	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	388.00M -	560.07M 44.35%	719.19M 28.41%	878.37M 22.13%	1.02B 16.17%
cost of revenue	275.39M -	373.31M 35.56%	498.39M 33.51%	631.71M 26.75%	738.86M 16.96%
gross profit	112.62M -	186.75M 65.83%	220.79M 18.23%	246.66M 11.72%	281.56M 14.15%
selling and marketing expenses
general and administrative expenses
selling general and administrative expenses	94.48M -	124.61M 31.89%	135.06M 8.38%	163.03M 20.71%	186.49M 14.40%
research and development expenses
other expenses	23.77M -	24.74M 4.09%	28.87M 16.68%	28.79M 0.30%	24.08M 16.36%
cost and expenses	393.64M -	522.67M 32.78%	662.33M 26.72%	823.52M 24.34%	925.36M 12.37%
operating expenses	118.25M -	149.36M 26.30%	163.93M 9.76%	191.81M 17.01%	186.49M 2.77%
interest expense	22.98M -	19.89M 13.41%	30.89M 55.24%	27.85M 9.82%	40.50M 45.42%
ebitda	27.42M -	71.19M 159.62%	94.67M 32.98%	93.72M 1.00%	129.02M 37.66%
operating income	-5.63M -	37.40M 763.89%	56.86M 52.05%	54.85M 3.53%	95.06M 73.30%
depreciation and amortization	33.05M -	33.80M 2.24%	37.81M 11.88%	38.87M 2.79%	33.95M 12.65%
total other income expenses net	-40.14M -	-19.89M 50.43%	-51.27M 157.69%	-121.19M 136.40%	-48.58M 59.92%
income before tax	-45.77M -	17.50M 138.24%	5.59M 68.04%	-66.34M 1,285.90%	46.48M 170.07%
income tax expense	-18.63M -	6.68M 135.85%	3.67M 44.96%	-12.89M 450.69%	16.31M 226.56%
net income	-27.14M -	10.82M 139.88%	1.92M 82.27%	-53.45M 2,885.36%	30.17M 156.45%
weighted average shs out	97.39M -	97.39M 0%	80.62M 17.23%	100.92M 25.18%	101.30M 0.38%
weighted average shs out dil	97.39M -	97.39M 0%	80.62M 17.23%	100.92M 25.18%	103.14M 2.21%
eps	-0.28 -	0.11 139.29%	0.02 81.82%	-0.53 2,750%	0.30 156.60%
epsdiluted	-0.28 -	0.11 139.29%	0.02 81.82%	-0.53 2,750%	0.29 154.72%

COM:SOVOSBRANDS

Sovos Brands

Last Close

22.95

11/03 20:00

Market Cap

2.34B

Beta: -

Volume Today

6.84M

Avg: -

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