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SOVO News and Press, Sovos Brands Inc. From 05/16/23

Stock Information

Company Name: Sovos Brands Inc.
Stock Symbol: SOVO
Market: NASDAQ
Website: sovosbrands.com

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SOVO - Sovos Brands down 6% on 10M share secondary offering

2023-05-16 08:23:14 ET Sovos Brands ( NASDAQ: SOVO ) prices secondary public offering by certain stockholders of 10M shares at a price to the public of $17.50 per share. The offering is expected to close on May 17, 2023. The Company is not selling any sh...

SOVO - Sovos Brands says selling stockholders to offer 10M shares

2023-05-15 17:27:28 ET Sovos Brands ( NASDAQ: SOVO ) on Monday said its selling stockholders plan to offer 10 million shares of common stock in a secondary public offering. The selling stockholders intend to grant the underwriters a 30-day option to purchase up to an additiona...

SOVO - Sovos Brands, Inc. (SOVO) Q1 2023 Earnings Call Transcript

2023-05-12 14:24:12 ET Sovos Brands, Inc. (SOVO) Q1 2023 Earnings Conference Call May 10, 2023 04:30 PM ET Company Participants Josh Levine - Vice President-Investor Relations Todd Lachman - President & Chief Executive Officer Chris Hall - Chief Financial Off...

SOVO - Sovos Brands Q1 results beat estimates, co raises FY 2023 revenue guidance

2023-05-10 16:51:22 ET Sovos Brands press release ( NASDAQ: SOVO ): Q1 Non-GAAP EPS of $0.18 beats by $0.03 . Revenue of $252.8M (+20.4% Y/Y) beats by $19.21M . Sees FY 2023 revenue of $935-$955 million. SOVO had guided FY 2023 revenue of $900M to $925M. Th...

SOVO - Sovos Brands Reports First Quarter 2023 Financial Results

Continued Volume-Led Growth Driven by Rao’s Provides Strong Start to Fiscal 2023 Raising Full Year Net Sales and Adjusted EBITDA Guidance LOUISVILLE, Colo., May 10, 2023 (GLOBE NEWSWIRE) -- Sovos Brands, Inc. (“Sovos Brands” or the “Company&...

SOVO - Sovos Brands to Participate in the Goldman Sachs Global Staples Forum

LOUISVILLE, Colo., May 02, 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 the Company will be participating in the Goldman Sachs...

SOVO - Sovos Brands Announces First Quarter 2023 Earnings Date

LOUISVILLE, Colo., April 19, 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, will announce the results of its first quarter ended April 1, 2023 on Wed...

SOVO - Winners and losers in the food sector from the latest Nielsen numbers

2023-04-04 14:45:35 ET A new batch of Nielsen data indicated some recent winners and losers in the battle for market share. Overall, total packaged food retail sales increased 9.1% year-over-year in the latest four-week period ending March 25 with pricing up 10.5% and volume down 1.3%. ...

SOVO - Sovos Brands stock surges on earnings beat, strong sales guidance

2023-03-09 10:46:17 ET Sovos Brands ( NASDAQ: SOVO ) stock surged to a double-digit gain on Thursday after reporting its pasta sauce is flying off the shelves. For the fourth quarter, the Colorado-based parent of Rao’s pasta sauce posted $0.19 in earnings per ...

SOVO - Sovos Brands, Inc. 2022 Q4 - Results - Earnings Call Presentation

2023-03-09 00:11:10 ET The following slide deck was published by Sovos Brands, Inc. in conjunction with their 2022 Q4 earnings call. For further details see: Sovos Brands, Inc. 2022 Q4 - Results - Earnings Call Presentation

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