See more : Shreyas Intermediates Limited (SHREYASI.BO) Income Statement Analysis – Financial Results
Complete financial analysis of Sovos Brands, Inc. (SOVO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Sovos Brands, Inc., a leading company in the Packaged Foods industry within the Consumer Defensive sector.
- KEN FINANCIAL SERVICES LTD. (KENFIN.BO) Income Statement Analysis – Financial Results
- WUXIHYATECH Co.Ltd (688510.SS) Income Statement Analysis – Financial Results
- North American Construction Group Ltd. (NOA.TO) Income Statement Analysis – Financial Results
- Rise Consulting Group, Inc. (9168.T) Income Statement Analysis – Financial Results
- Meyar Co. (9565.SR) Income Statement Analysis – Financial Results
Sovos Brands, Inc. (SOVO)
About Sovos Brands, Inc.
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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 1.02B | 878.37M | 719.19M | 560.07M | 388.00M |
| Cost of Revenue | 738.86M | 631.71M | 498.39M | 373.31M | 275.39M |
| Gross Profit | 281.56M | 246.67M | 220.79M | 186.75M | 112.62M |
| Gross Profit Ratio | 27.59% | 28.08% | 30.70% | 33.34% | 29.02% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 122.33M | 96.16M | 85.71M | 65.68M |
| Selling & Marketing | 0.00 | 40.70M | 38.90M | 38.90M | 28.80M |
| SG&A | 186.49M | 163.03M | 135.06M | 124.61M | 94.48M |
| Other Expenses | 24.08M | 28.79M | 28.87M | 24.74M | 23.77M |
| Operating Expenses | 186.49M | 191.81M | 163.93M | 149.36M | 118.25M |
| Cost & Expenses | 925.36M | 823.52M | 662.33M | 522.67M | 393.64M |
| Interest Income | 8.50M | 27.85M | 30.89M | 19.90M | 22.98M |
| Interest Expense | 40.50M | 27.85M | 30.89M | 19.90M | 22.98M |
| Depreciation & Amortization | 33.95M | 38.87M | 37.81M | 33.80M | 33.06M |
| EBITDA | 129.02M | 93.72M | 94.67M | 71.19M | 27.42M |
| EBITDA Ratio | 12.64% | 10.67% | 13.16% | 12.71% | 7.07% |
| Operating Income | 95.07M | 54.86M | 56.86M | 37.40M | -5.63M |
| Operating Income Ratio | 9.32% | 6.25% | 7.91% | 6.68% | -1.45% |
| Total Other Income/Expenses | -48.58M | -121.19M | -30.89M | -19.90M | -45.56M |
| Income Before Tax | 46.49M | -66.34M | 5.59M | 17.50M | -45.77M |
| Income Before Tax Ratio | 4.56% | -7.55% | 0.78% | 3.12% | -11.80% |
| Income Tax Expense | 16.31M | -12.89M | 3.68M | 6.68M | -18.63M |
| Net Income | 30.17M | -53.45M | 1.92M | 10.83M | -27.15M |
| Net Income Ratio | 2.96% | -6.09% | 0.27% | 1.93% | -7.00% |
| EPS | 0.30 | -0.53 | 0.02 | 0.11 | -0.28 |
| EPS Diluted | 0.29 | -0.53 | 0.02 | 0.11 | -0.28 |
| Weighted Avg Shares Out | 101.30M | 100.85M | 80.62M | 97.39M | 97.39M |
| Weighted Avg Shares Out (Dil) | 103.14M | 100.92M | 80.62M | 97.39M | 97.39M |
Sovos Brands, Inc. (SOVO) Hits Fresh High: Is There Still Room to Run?
Sovos Brands, Inc. (SOVO) Q4 Earnings and Revenues Beat Estimates
Sovos Brands Reports Fourth Quarter and Fiscal Year 2023 Financial Results
Sovos Brands, Inc. (SOVO) Earnings Expected to Grow: Should You Buy?
Sovos Brands Announces Fourth Quarter and Fiscal Year 2023 Earnings Date
Campbell Soup expects to close Sovos Brands deal 'within days' of March 11
Campbell and Sovos Brands Certify Substantial Compliance with Second Request from FTC; Begins the Start of 30-Day Waiting Period
Campbell and Sovos Brands Certify Substantial Compliance with Second Request from FTC; Begins the Start of 30-Day Waiting Period
4 Solid Stocks to Buy on Jump in Online Grocery Sales
3 Natural Food Stocks in Focus on Impressive Industry Trends
Source: https://incomestatements.info
Category: Stock Reports