See more : Yinhang Internet Technologies Development, Inc. (YITD) 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.
- MC Group Public Company Limited (MC.BK) Income Statement Analysis – Financial Results
- Sydinvest Europa Ligevægt & Value KL (SYIEULVADKK.CO) Income Statement Analysis – Financial Results
- KeyCorp (KEY-PI) Income Statement Analysis – Financial Results
- Synlait Milk Limited (SML.NZ) Income Statement Analysis – Financial Results
- Genimous Technology Co., Ltd. (000676.SZ) 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 Stock: An Attractive Prospect For Growth Investors
Sovos Brands, Inc. (SOVO) CEO Todd Lachman on Q3 2021 Results - Earnings Call Transcript
The Ratings Game: Rao's parent Sovos Brands' valuation doesn't take its growth potential into account, analysts say
Analysts See Upto 34% Upside In Sovos Brands
Sovos Brands, Inc. Announces Closing of Over-Allotment Option in Connection with its Initial Public Offering
Sovos Brands: Interesting Consumer Foods Play
Sovos Brands Announces Third Quarter 2021 Earnings Date
Sovos Brands, Inc. Announces Closing of Public Offering
SOVO lance un service de sous-titrage en direct pour les diffusions en langue anglaise
SOVO Launches English-Language Live Captioning Services for Broadcasters and Producers
Source: https://incomestatements.info
Category: Stock Reports