Sovos Brands, Inc. – NASDAQ:SOVO

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Market open

Closed in about 6 hours

+0.68%

month

+3.25%

quarter

+65.45%

year

Market Cap	2.34B
Enterprise value	2.13B

P/E	-32.5
EV/Sales	2.42
EV/EBITDA	134.53
Price/Sales	2.01
Price/Book	3.72
PEG ratio	0.02
EPS	0.29

Revenue	1.02B
EBITDA	133.19M
Income	30.17M
Revenue Q/Q	11.42%
Revenue Y/Y	16.17%

Profit margin	-6.09%
Oper. margin	-4.38%
Gross margin	28.08%
EBIT margin	-4.38%
EBITDA margin	13.05%

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10 years history
Forward ratios (Analysts estimates)

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Sovos Brands, Inc. (NASDAQ:SOVO): Profit margin
Apr 2023	252.79M	7.84M	3.1%
Jul 2023	217.63M	5.38M	2.48%
Sep 2023	257.94M	1.42M	0.55%
Dec 2023	292.05M	15.51M	5.31%

Sovos Brands Financials Estimate

Q Y

Sovos Brands, Inc. (NASDAQ:SOVO): Analyst Estimates
Sep 2023	257.94M	1.42M	0.55%
Dec 2023	292.05M	15.51M	5.31%
Sep 2025	298.1M	26.00M	8.72%
Dec 2025	298.8M	24.96M	8.35%

Analysts Price target
Financials & Ratios estimates

Sovos Brands, Inc. (NASDAQ:SOVO): Earnings per share (EPS)
2023-11-08	0.16	0.2
2024-02-28	0.2	0.26

Sovos Brands, Inc. (NASDAQ:SOVO): Payout ratio
Payout ratio	0%

Sovos Brands, Inc. (NASDAQ:SOVO): Dividend Yield
2019	0.41%
2020
2021	35.67%
2022
2023

Sovos Brands, Inc. (NASDAQ:SOVO): Debt to assets
Apr 2023	1166018000	677.05M	58.07%
Jul 2023	1166034000	664.32M	56.97%
Sep 2023	1193425000	684.24M	57.33%
Dec 2023	1259044000	729.05M	57.91%

Sovos Brands, Inc. (NASDAQ:SOVO): Cash Flow
Apr 2023	17.17M	-2.17M	-20K
Jul 2023	17.40M	-1.39M	-21K
Sep 2023	36.43M	-3.50M	-32K
Dec 2023	34.30M	-4.78M	-56K

Sovos Brands alternative data

Sovos Brands, Inc. (NASDAQ:SOVO): Employee count
Aug 2023	690
Sep 2023	690
Oct 2023	690
Nov 2023	690
Dec 2023	690
Jan 2024	690
Feb 2024	690
Mar 2024	751
Apr 2024	751
May 2024	751
Jun 2024	751
Jul 2024	751

Sovos Brands
Hedge Funds Holdings Q1 2023

26.38% -65.50%

of SOVO is owned by hedge funds

70 -22

hedge funds hold SOVO stock

26.62M -66.73M

shares is hold by hedge funds

SOVO hedge funds holdings changes

Sovos Brands, Inc. (NASDAQ:SOVO): Insider trades (number of shares)
Period	Buy	Sel
Mar 2023	0	270015
Apr 2023	0	126141
May 2023	0	55947865
Jun 2023	0	112500
Jul 2023	0	112500
Aug 2023	0	168750
Sep 2023	0	6250
Oct 2023	0	40837
Dec 2023	0	67284
Jan 2024	0	44155

Transaction	Date	Insider	Security	Shares	Price per share	Total value
Sale	16 Jan 2024	CRETELLA RISA officer: CHIEF SALES OFFICER officer: CHIEF SALES OFFICER	Common Stock	7,627	$22.09	$168,480
Sale	16 Jan 2024	GVAZDINSKAS KATIE officer: CHIEF HUMAN RESOURCES OFFICER officer: CHIEF HUMAN RESOURCES ..	Common Stock	1,607	$22.09	$35,499
Sale	16 Jan 2024	JONES ISOBEL A officer: CLO, GC AND SECRETARY officer: CLO, GC AND SECRETARY	Common Stock	7,522	$22.09	$166,161
Sale	16 Jan 2024	HALL CHRISTOPHER W. officer: CHIEF FINANCIAL OFFICER officer: CHIEF FINANCIAL OFFICER	Common Stock	3,843	$22.09	$84,892
Sale	16 Jan 2024	JENSEN KIRK A. officer: CHIEF OPERATING OFFICER officer: CHIEF OPERATING OFFICER	Common Stock	12,802	$22.09	$282,796
Sale	16 Jan 2024	O'DRISCOLL LISA Y. officer: CHIEF ADMINISTRATIVE OFFICER officer: CHIEF ADMINISTRATIVE O..	Common Stock	1,276	$22.09	$28,187
Sale	16 Jan 2024	LACHMAN TODD R director, officer: CEO director, officer: CEO	Common Stock	9,478	$22.09	$209,369
Sale	6 Dec 2023	HALL CHRISTOPHER W. officer: CHIEF FINANCIAL OFFICER officer: CHIEF FINANCIAL OFFICER	Common Stock	67,284	$21.96	$1,477,624
Sale	26 Oct 2023	HERMIDA YURI officer: CHIEF GROWTH OFFICER officer: CHIEF GROWTH OFFICER	Common Stock	40,837	$21.65	$884,121
Sale	11 Sep 2023	LACHMAN TODD R director, officer: PRESIDENT AND CEO director, officer: PRESIDENT AN..	Common Stock	5,000	$22.53	$112,625

Sovos Brands
Earnings Call Transcripts

Quarter	Transcript
Q1 2023 12 May 2023	Q1 2023 Earnings Call Transcript
Q4 2022 8 Mar 2023	Q4 2022 Earnings Call Transcript
Q3 2022 6 Nov 2022	Q3 2022 Earnings Call Transcript
Q2 2022 6 Aug 2022	Q2 2022 Earnings Call Transcript

SOVO earnings call transcripts

Sovos Brands
Executives

Insider	Age	Compensation
Mr. Todd R. Lachman (1963) Founder, Pres, Chief Executive Officer & Director	62	$2,570,000
Mr. Richard P. Greenberg (1977) Chief Commercial Officer	48	$1,060,000
Mr. Christopher W. Hall (1961) Chief Financial Officer	64	$956,170
Mr. Robert L. Graves (1967) Vice President of Strategic Initiatives & Director	58	$473,840

Sovos Brands
Latest News

Friday, 7 June 2024
22:00	Campbell Soup CEO talks 'positive' acquisition of Sovos Brands	youtube.com
Wednesday, 6 March 2024
10:16	Sovos Brands, Inc. (SOVO) Hits Fresh High: Is There Still Room to Run?	Zacks Investment Research
Wednesday, 28 February 2024
19:11	Sovos Brands, Inc. (SOVO) Q4 Earnings and Revenues Beat Estimates	Zacks Investment Research
Wednesday, 21 February 2024
11:06	Sovos Brands, Inc. (SOVO) Earnings Expected to Grow: Should You Buy?	Zacks Investment Research
Tuesday, 13 February 2024
17:32	Campbell Soup expects to close Sovos Brands deal 'within days' of March 11	Reuters
Monday, 30 October 2023
12:47	PFGC vs. SOVO: Which Stock Should Value Investors Buy Now?	Zacks Investment Research
Monday, 16 October 2023
06:20	2 Consumer Staples Stocks That Are Screaming Cheap	MarketBeat
Thursday, 12 October 2023
13:32	Sovos Brands, Inc. (SOVO) Upgraded to Strong Buy: Here's What You Should Know	Zacks Investment Research
Thursday, 31 August 2023
13:32	Are You Looking for a Top Momentum Pick? Why Sovos Brands, Inc. (SOVO) is a Great Choice	Zacks Investment Research
Monday, 28 August 2023
12:47	SFM vs. SOVO: Which Stock Is the Better Value Option?	Zacks Investment Research
Wednesday, 23 August 2023
07:11	2 Stocks that Historically Rise in the Fall	MarketBeat
Tuesday, 15 August 2023
16:12	Sovos Brands, Inc. (SOVO) is a Great Momentum Stock: Should You Buy?	Zacks Investment Research
Friday, 11 August 2023
13:02	SFM vs. SOVO: Which Stock Should Value Investors Buy Now?	Zacks Investment Research
Tuesday, 8 August 2023
09:10	Sovos' (SOVO) Shares Surge 25% on Acquisition Offer by Campbell	Zacks Investment Research
Monday, 7 August 2023
17:18	Campbell Soup Company buys Sovos Brands, maker of Rao's for $2.7 billion	CNN Business
12:28	Campbell to buy Rao's premium sauces maker Sovos for $2.33 billion	New York Post
12:05	Campbell Soup buys Rao's sauce maker for $2.7B	Fox Business
11:40	Campbell Soup Acquires Rao's Pasta Sauce Parent Company for $2.7 Billion	Investopedia
11:36	Sovos Brands stock jumped 25% on Monday: here's why	Invezz
11:36	Why Sovos Brands Stock Is Soaring Today	The Motley Fool
11:31	Campbell Soup to acquire Sovos Brands in $2.3 billion deal	Yahoo Finance
09:54	SOVO Stock Alert: Campbell Soup Is Buying Sovos Brands for $2.7 Billion	InvestorPlace
09:53	Sovos Brands, Inc. (SOVO) Beats Q2 Earnings and Revenue Estimates	Zacks Investment Research
07:09	Campbell Soup to acquire Rao's parent Sovos Brands in cash deal valued at about $2.7 billion	Market Watch
Wednesday, 5 July 2023
09:00	How Sovos Brands Grew Rao's 9X In Six Years	Forbes
Monday, 19 June 2023
00:11	Sovos Brands: Business Remains Strong But Valuation Is Rich Now	Seeking Alpha
Tuesday, 16 May 2023
13:42	What Makes Sovos Brands, Inc. (SOVO) a Strong Momentum Stock: Buy Now?	Zacks Investment Research
Friday, 12 May 2023
14:24	Sovos Brands, Inc. (SOVO) Q1 2023 Earnings Call Transcript	Seeking Alpha
Wednesday, 10 May 2023
19:45	Sovos Brands, Inc. (SOVO) Tops Q1 Earnings and Revenue Estimates	Zacks Investment Research
08:02	Top Funds Can't Get Enough Of These 3 Breakout IPO Stocks	Investors Business Daily

Ideas & Opinions

Seeking Alpha 19 Jun 2023

Sovos Brands: Business Remains Strong But Valuation Is Rich Now
Seeking Alpha 23 Jan 2023

MamaMancini's Holdings: The Adults Are Now In Charge
Seeking Alpha 21 Oct 2022

Sovos Brands: Attractive Business And Growth Opportunities, But Margin Of Safety Is Lacking
Seeking Alpha 4 Oct 2022

Sovos Brands: Strong Growth Continues
Seeking Alpha 7 Aug 2022

Sovos Brands, Inc. 2022 Q2 - Results - Earnings Call Presentation
Seeking Alpha 9 May 2022

Sovos Brands, Inc. 2022 Q1 - Results - Earnings Call Presentation
Seeking Alpha 6 May 2022

Sovos Brands - Premium Packaged Foods To Fight Inflation
Seeking Alpha 5 Apr 2022

Sovos Brands Will Continue To Execute For Shareholders
Seeking Alpha 16 Dec 2021

Sovos Brands Stock: An Attractive Prospect For Growth Investors
Seeking Alpha 1 Oct 2021

Sovos Brands: Interesting Consumer Foods Play

Frequently Asked Questions (FAQ)

When is Sovos Brands's next earnings date?

Unfortunately, Sovos Brands's (SOVO) next earnings date is currently unknown.
Does Sovos Brands pay dividends?

No, Sovos Brands does not pay dividends.
How much money does Sovos Brands make?

Sovos Brands has a market capitalization of 2.34B and it's past years’ income statements indicate that its last revenue has increased compared to the previous period by 16.17% to 1.02B US dollars. Sovos Brands earned 30.17M US dollars in net income (profit) last year or $0.26 on an earnings per share basis.
What is Sovos Brands's stock symbol?

Sovos Brands, Inc. is traded on the NASDAQ under the ticker symbol "SOVO".
What is Sovos Brands's primary industry?

Company operates in the Consumer Defensive sector and Packaged Foods industry.
How do i buy shares of Sovos Brands?

Shares of Sovos Brands can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Who are Sovos Brands's key executives?
Sovos Brands's management team includes the following people:
- Mr. Todd R. Lachman Founder, Pres, Chief Executive Officer & Director(age: 62, pay: $2,570,000)
- Mr. Richard P. Greenberg Chief Commercial Officer(age: 48, pay: $1,060,000)
- Mr. Christopher W. Hall Chief Financial Officer(age: 64, pay: $956,170)
- Mr. Robert L. Graves Vice President of Strategic Initiatives & Director(age: 58, pay: $473,840)
Is Sovos Brands founder-led company?

Yes, Sovos Brands is a company led by its founder Mr. Todd R. Lachman.
How many employees does Sovos Brands have?

As Jul 2024, Sovos Brands employs 751 workers.
When Sovos Brands went public?

Sovos Brands, Inc. is publicly traded company for more then 3 years since IPO on 23 Sep 2021.
What is Sovos Brands's official website?

The official website for Sovos Brands is sovosbrands.com.
Where are Sovos Brands's headquarters?

Sovos Brands is headquartered at 168 Centennial Parkway, Louisville, CO.
How can i contact Sovos Brands?

Sovos Brands's mailing address is 168 Centennial Parkway, Louisville, CO and company can be reached via phone at +7 203161225.

Sovos Brands, Inc.

sovosbrands.com

Exchange:

NASDAQ

Full time employees:

751

Industry:

Packaged Foods

Sector:

Consumer Defensive

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.

+7 203161225

168 Centennial Parkway
Louisville, CO 80027

CIK: 0001856608
ISIN: US84612U1079
CUSIP: 84612U107