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SOVO / Rao's parent Sovos Brands reports better-than-expected earnings, gives upbeat guidance

Rao's parent Sovos Brands reports better-than-expected earnings, gives upbeat guidance
Sovos Brands Inc. SOVO, -2.26% shares rose 1.6% in Tuesday premarket trading after the food company reported fourth-quarter profit and sales that beat expectations. Net loss totaled $3.8 million, or 4 cents per share, after a loss of $479,000 or a penny per share, last year. Read More
Posted: Mar 15 2022, 07:43
Author Name: Market Watch
Views: 111697

SOVO News  

Sovos Brands, Inc. (SOVO) Upgraded to Strong Buy: Here's What You Should Know

By Zacks Investment Research
October 12, 2023

Sovos Brands, Inc. (SOVO) Upgraded to Strong Buy: Here's What You Should Know

Sovos Brands, Inc. (SOVO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (St more_horizontal

Are You Looking for a Top Momentum Pick? Why Sovos Brands, Inc. (SOVO) is a Great Choice

By Zacks Investment Research
August 31, 2023

Are You Looking for a Top Momentum Pick? Why Sovos Brands, Inc. (SOVO) is a Great Choice

Does Sovos Brands, Inc. (SOVO) have what it takes to be a top stock pick for momentum investors? Let's find out. more_horizontal

Sovos' (SOVO) Shares Surge 25% on Acquisition Offer by Campbell

By Zacks Investment Research
August 8, 2023

Sovos' (SOVO) Shares Surge 25% on Acquisition Offer by Campbell

Sovos' (SOVO) shares jump 25% as reports emerge that Campbell (CPB) is finalizing a $2.7 billion deal to take the company over. more_horizontal

Sovos Brands stock jumped 25% on Monday: here's why

By Invezz
August 7, 2023

Sovos Brands stock jumped 25% on Monday: here's why

Shares of Sovos Brands Inc (NASDAQ: SOVO) are up 25% on Monday after Campbell Soup Company (NYSE: CPB) said it will buy the premium sauces maker for a more_horizontal

Why Sovos Brands Stock Is Soaring Today

By The Motley Fool
August 7, 2023

Why Sovos Brands Stock Is Soaring Today

Sovos agreed to be acquired by Campbell Soup for $2.7 billion in cash and assumed debt. The deal offers shareholders a significant premium over Friday more_horizontal

Sovos Brands, Inc. (SOVO) Beats Q2 Earnings and Revenue Estimates

By Zacks Investment Research
August 7, 2023

Sovos Brands, Inc. (SOVO) Beats Q2 Earnings and Revenue Estimates

Sovos Brands, Inc. (SOVO) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares more_horizontal

Sovos Brands: Business Remains Strong But Valuation Is Rich Now

By Seeking Alpha
June 19, 2023

Sovos Brands: Business Remains Strong But Valuation Is Rich Now

Sovos Brands has experienced strong growth and momentum, primarily driven by its Rao brand, with the potential for increased household penetration and more_horizontal

What Makes Sovos Brands, Inc. (SOVO) a Strong Momentum Stock: Buy Now?

By Zacks Investment Research
May 16, 2023

What Makes Sovos Brands, Inc. (SOVO) a Strong Momentum Stock: Buy Now?

Does Sovos Brands, Inc. (SOVO) have what it takes to be a top stock pick for momentum investors? Let's find out. more_horizontal


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