SOVO News and Press, Sovos Brands Inc. From 01/09/23

LOUISVILLE, Colo., Jan. 09, 2023 (GLOBE NEWSWIRE) -- Sovos Brands, Inc. (“Sovos Brands” or the “Company”) (Nasdaq: SOVO), one of the fastest-growing food companies of scale in the United States, today announced that it has completed the divestiture of the Birch Benders...

Hometown Food Company Acquires Birch Benders PR Newswire CHICAGO , Jan. 9, 2023 /PRNewswire/ -- Hometown Food Company , (" Hometown Foods ") home to an iconic portfolio of American baking brands, controlled by Brynwood Partners VIII L.P., has comp...

UBS turned cautious on Sovos Brands ( NASDAQ: SOVO ) on Thursday with a downgrade to a Neutral rating from Buy. While the firm continues to believe there is upside to consensus sales estimates as Rao's continues to grow household penetration and distribution, analyst Cody Ross warned ...

Sovos Brands, Inc. (SOVO) Q3 2022 Earnings Conference Call November 02, 2022, 04:30 PM ET Company Participants Josh Levine - Vice President of Investor Relations, Absoluto Partners Todd Lachman - President and Chief Executive Officer Chris Hall - Chief Financial ...

Sovos Brands press release ( NASDAQ: SOVO ): Q3 Non-GAAP EPS of $0.14 in-line. Revenue of $208.9M (+16.9% Y/Y) beats by $9.25M . Gross profit of $61.8 million increased by $12.0 million or 24.0% versus the prior year period. Gross margin was 29.6% versus 27.9% for ...

Organic Net Sales Growth of 16.9% and Adjusted EBITDA Growth of 14.5% Driven by Strong Dollar and Unit Consumption Growth Across the Rao’s Franchise Raising Full Year Net Sales Range to $840-$850 million and Reiterating Adjusted EBITDA Guidance LOUISVILLE, Colo., ...

Summary SOVO is a food company focusing on acquiring and building disruptive growth of its "one-of-a-kind" brands. The strength and opportunities of SOVO are aligned with its attractive business model, retail partners, growing household demands, and innovative culture. There i...

LOUISVILLE, Colo., Oct. 12, 2022 (GLOBE NEWSWIRE) -- Sovos Brands, Inc. (“Sovos Brands” or the “Company”) (Nasdaq: SOVO), one of the fastest-growing food companies of scale in the United States, will announce the results of its third quarter ended September 24, 2...

Summary Sovos Brands continues to generate strong revenue growth, but some of its bottom line results have been mixed. All things considered, the company has held up well in the current volatile market. Shares are not value prospects, but they can offer a nice upside for growt...

LOUISVILLE, Colo., Oct. 03, 2022 (GLOBE NEWSWIRE) -- Sovos Brands, Inc. (Nasdaq: SOVO), one of the fastest-growing food companies of scale in the United States, today announced the appointment of E. Yuri Hermida as the Company’s Chief Growth Officer (CGO). Mr. Hermida will play a key...