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Sovos Brands, Inc. Add to portfolio


Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-25-21Dec-26-20Dec-28-19
Revenues878.4719.2560.1388.0
            Revenue growth22.1%28.4%44.3% 
Cost of goods sold631.7498.4373.3275.4
Gross profit246.7220.8186.8112.6
            Gross margin28.1%30.7%33.3%29.0%
Selling, general and administrative163.0135.1124.694.5
EBITA82.163.760.616.9
            EBITA margin9.3%8.9%10.8%4.3%
Amortization of intangibles27.227.223.222.5
EBIT54.936.537.4-5.6
            EBIT margin6.2%5.1%6.7%-1.5%
Pre-tax income-66.35.617.5-45.8
Income taxes-12.93.76.7-18.6
            Tax rate19.4%65.7%38.1%40.7%
Net income-53.51.910.8-27.1
            Net margin-6.1%0.3%1.9%-7.0%
 
Diluted EPS($0.53)$0.02$0.14($0.37)
Shares outstanding (diluted)100.980.675.973.9
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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