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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...
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...
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...
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...
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&...
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...
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...
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%. ...
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 ...
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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2024-03-05 05:22:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
FY 2023 Net Sales Surpassed $1 Billion; Accelerated Volume Growth Drove Double-Digit Top and Bottom-Line Growth Q4 Net Sales Grew 11.4% YoY (Organic 25.3%), Led by Rao’s Net Sales Up 24.9% (Organic 34.7%) 1 LOUISVILLE, Colo., Feb. 28, 2024 (GLOBE NEWSW...
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