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Sovos Brands, Inc. Stock Price

NasdaqGS:SOVO Community·US$2.3b Market Cap
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SOVO Share Price Performance

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Snowflake Analysis

Reasonable growth potential and slightly overvalued.

3 Risks
3 Rewards

Sovos Brands, Inc. Key Details

US$1.0b

Revenue

US$714.7m

Cost of Revenue

US$305.8m

Gross Profit

US$275.6m

Other Expenses

US$30.2m

Earnings

Last Reported Earnings
Dec 30, 2023
Next Reporting Earnings
n/a
0.30
29.96%
2.96%
89.9%
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About SOVO

Founded
2017
Employees
751
CEO
Todd Lachman
WebsiteView website
www.sovosbrands.com

Sovos Brands, Inc., through its subsidiaries, operates as a consumer-packaged food company that manufactures, distributes, and sells consumer food products in the United States. It operates in two segments, Dinner and Sauces, and Breakfast and Snacks. The company’s principal products comprise pasta sauces, dry pasta, soups, frozen entrees, frozen pizza, yogurts, pancake and waffle mixes, other baking mixes, and frozen waffles under the Rao’s, Michael Angelo’s, and noosa brands. It sells its products principally to retail outlets and wholesale distributors, including traditional supermarkets, mass merchants, warehouse clubs, wholesalers, specialty food distributors, and military commissaries, as well as non-food outlets, including drug store chains, dollar stores, and e-commerce retailers. Sovos Brands, Inc. was incorporated in 2017 and is headquartered in Louisville, Colorado.

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