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Recent Analyst Ratings for
$SOVO

DatePrice TargetRatingAnalyst
6/23/2023$23.00Overweight
Stephens
5/31/2023$22.50Buy
Needham
4/14/2023$19.00Buy
Stifel
12/8/2022$17.00 → $16.00Buy → Neutral
UBS
3/30/2022$16.00Buy
UBS
11/10/2021$17.00 → $18.00Outperform
Telsey Advisory Group
10/21/2021$16.00Overweight
Barclays
10/18/2021$20.00Buy
Loop Capital
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$SOVO
Press Releases

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  • Flagship Food Group Rebrands to Insignia International and Will Unveil New Logo Live at Natural Products Expo West

    Company will unveil new logo, new products, and introduce new executives live at its booth in the Main Hall of Natural Products Expo West at 2:00pm PT on Thursday, March 15 Flagship Food Group, the parent company of 505 Southwestern®, announces today at the Natural Products Expo West in Anaheim, CA that it will now be known as "Insignia International" and is forging a new frontier of flavor in the Hispanic food space. The company will unveil its new logo and speak further about the rebranding to a live audience at its booth in the Main Hall at 2:00pm PT on Thursday March 15. Simultaneously, the company will launch a new website at www.Insignia.gg and publish a three-minute mission stateme

    $SOVO
    Packaged Foods
    Consumer Staples
  • Sovos Brands Reports Fourth Quarter and Fiscal Year 2023 Financial Results

    FY 2023 Net Sales Surpassed $1 Billion; Accelerated Volume Growth DroveDouble-Digit Top and Bottom-Line GrowthQ4 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 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 reported financial results for its fourth quarter and fiscal year ended December 30, 2023. Fourth Quarter Highlights: Net sales of $292.1 million increased 11.4% year-over-year, representing the 10th consecutive quarter of double-digit net sales growth since IPOOrganic net sales growt

    $SOVO
    Packaged Foods
    Consumer Staples
  • Sovos Brands Announces Fourth Quarter and Fiscal Year 2023 Earnings Date

    LOUISVILLE, Colo., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Sovos Brands, Inc. ("Sovos Brands" or the "Company") (NASDAQ:SOVO) will announce the results of its fourth quarter and fiscal year ended December 30, 2023 on Wednesday, February 28, 2024 after market close. The press release will be available on the Investor Relations section of the Company's website at ir.sovosbrands.com. Due to the pending merger with Campbell Soup Company, Sovos Brands will not host a conference call to discuss the results. About Sovos Brands, Inc. Sovos Brands, Inc. is a consumer-packaged food company focused on building disruptive growth brands that bring today's consumers great tasting food that fits the way they

    $SOVO
    Packaged Foods
    Consumer Staples

$SOVO
Analyst Ratings

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$SOVO
Insider Trading

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$SOVO
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$SOVO
Leadership Updates

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  • BARK Announces Appointment of Larry Bodner to Board of Directors

    Mr. Bodner Brings Over 35 Years of Consumer-Packaged Goods Experience to BARK BARK, Inc. ("BARK" or the "Company") (NYSE:BARK), a leading global omnichannel dog brand with the mission to Make All Dogs Happy, today announced that Larry Bodner has joined the Company's Board of Directors (the "Board"), effective immediately. Mr. Bodner brings over 35 years of operational and financial experience spanning the consumer-packaged goods industry, and currently serves as Chief Executive Officer of Bulletproof 360, a functional nutrition and wellness company. He is also a member of the Board of Directors of Hostess Brands, where he has served as a Director since 2016. "Larry brings extensive le

    $BARK
    $SOVO
    $TWNK
    Other Specialty Stores
    Consumer Discretionary
    Packaged Foods
    Consumer Staples
  • Sovos Brands Appoints E. Yuri Hermida as Chief Growth Officer

    LOUISVILLE, Colo., Oct. 03, 2022 (GLOBE NEWSWIRE) -- Sovos Brands, Inc. (NASDAQ:SOVO), one of the fastest-growing food companies of scale in the United States, today announced the appointment of E. Yuri Hermida as the Company's Chief Growth Officer (CGO). Mr. Hermida will play a key role in executing Sovos Brands' enterprise-wide growth strategy and will oversee the Company's sales, marketing, and business segments. "Yuri is a dynamic leader with proven experience building and scaling consumer brands. His unique expertise will be instrumental as we continue to execute upon our vision of bringing consumers simple, great-tasting food that fits the way they live," said Todd Lachman, Founde

    $SOVO
    Packaged Foods
    Consumer Staples
  • Sovos Brands Announces Appointment of Tamer Abuaita to Board of Directors

    LOUISVILLE, Colo. , July 18, 2022 (GLOBE NEWSWIRE) -- Sovos Brands, Inc. (NASDAQ:SOVO) today announced the addition of Tamer Abuaita, Senior Vice President, Operations and Chief Supply Chain Officer at Stanley Black & Decker, Inc. to its Board of Directors. "Tamer is a transformational supply chain leader, who brings more than two decades of leadership and experience in the consumer products space to the Sovos Brands Board," said William R. Johnson, Chairman of the Board for Sovos Brands and operating partner with Advent International. "His expertise spans a wide variety of industries, including nearly 15 years at multiple established packaged food companies with global scale. We are thri

    $SOVO
    Packaged Foods
    Consumer Staples

$SOVO
Financials

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  • Sovos Brands Announces Fourth Quarter and Fiscal Year 2023 Earnings Date

    LOUISVILLE, Colo., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Sovos Brands, Inc. ("Sovos Brands" or the "Company") (NASDAQ:SOVO) will announce the results of its fourth quarter and fiscal year ended December 30, 2023 on Wednesday, February 28, 2024 after market close. The press release will be available on the Investor Relations section of the Company's website at ir.sovosbrands.com. Due to the pending merger with Campbell Soup Company, Sovos Brands will not host a conference call to discuss the results. About Sovos Brands, Inc. Sovos Brands, Inc. is a consumer-packaged food company focused on building disruptive growth brands that bring today's consumers great tasting food that fits the way they

    $SOVO
    Packaged Foods
    Consumer Staples
  • Sovos Brands Announces Third Quarter 2023 Earnings Date

    LOUISVILLE, Colo., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Sovos Brands, Inc. ("Sovos Brands" or the "Company") (NASDAQ:SOVO) will announce the results of its third quarter ended September 30, 2023 on Wednesday, November 8, 2023 after market close. The press release will be available on the Investor Relations section of the Company's website at ir.sovosbrands.com. Due to the pending merger with Campbell Soup Company, Sovos Brands will not host a conference call to discuss the results. About Sovos Brands, Inc. Sovos Brands, Inc. is a consumer-packaged food company focused on acquiring and building disruptive growth brands that bring today's consumers great tasting food that fits the way they li

    $SOVO
    Packaged Foods
    Consumer Staples
  • Campbell to Acquire Sovos Brands, Leader in High-Growth Premium Italian Sauces

    Powerful combination expected to fuel earnings growth; Aligns with and advances Campbell's focused strategic plan Strengthens and diversifies Campbell's portfolio by enhancing Meals & Beverages division with additional growth-oriented brands, including premium market-leading Rao's to complement core, mainstream portfolio and provide runway for adjacent category expansion Overdelivers stated strategic goal of building a $1 billion sauces business by entering the ultra-distinctive pasta sauce market Creates significant shareholder value through meaningful sales growth, EBIT acceleration, and cost synergies Expected to be accretive to adjusted diluted earnings per share by the seco

    $CPB
    $SOVO
    Packaged Foods
    Consumer Staples

$SOVO
Large Ownership Changes

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