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SOVOS BRANDS, INC.

(SOVO)
  Report
Delayed Nasdaq  -  01:00 2022-11-25 pm EST
14.26 USD   +1.35%
11/18Insider Sell: Sovos Brands
MT
11/16Insider Sell: Sovos Brands
MT
11/10Certain Restricted Stock of Sovos Brands, Inc. are subject to a Lock-Up Agreement Ending on 10-NOV-2022.
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SOVOS BRANDS, INC. : Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K)

10/03/2022 | 04:24pm EST

Item 7.01 Regulation FD Disclosures

On October 3, 2022, Sovos Brands, Inc. (the "Company") announced in a press release that E. Yuri Hermida is expected to join the Company as Chief Growth Officer at the end of October 2022. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1.

The information provided under this Item 7.01, including the accompanying press release, is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit No. Description

99.1 Press release dated October 3, 2022 .

104Cover Page Interactive Data File (embedded within the Inline XBRL document).

© Edgar Online, source Glimpses

All news about SOVOS BRANDS, INC.
11/18Insider Sell: Sovos Brands
MT
11/16Insider Sell: Sovos Brands
MT
11/10Certain Restricted Stock of Sovos Brands, Inc. are subject to a Lock-Up Agreement Endin..
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11/10Certain Rights of Sovos Brands, Inc. are subject to a Lock-Up Agreement Ending on 10-NO..
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11/10Certain Stock Options of Sovos Brands, Inc. are subject to a Lock-Up Agreement Ending o..
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11/10Certain Common Stock of Sovos Brands, Inc. are subject to a Lock-Up Agreement Ending on..
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11/03Goldman Sachs Adjusts Price Target on Sovos Brands Inc to $16 From $17, Maintains Buy R..
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11/02SOVOS BRANDS, INC. Management's Discussion and Analysis of Financial Condition and Res..
AQ
11/02Sovos Brands, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended..
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11/02Transcript : Sovos Brands, Inc., Q3 2022 Earnings Call, Nov 02, 2022
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Analyst Recommendations on SOVOS BRANDS, INC.
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Financials (USD)
Sales 2022 848 M - -
Net income 2022 -13,4 M - -
Net Debt 2022 371 M - -
P/E ratio 2022 -110x
Yield 2022 -
Capitalization 1 440 M 1 440 M -
EV / Sales 2022 2,14x
EV / Sales 2023 1,90x
Nbr of Employees 608
Free-Float 89,9%
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 12
Last Close Price 14,26 $
Average target price 17,55 $
Spread / Average Target 23,0%
EPS Revisions
Managers and Directors
Todd R. Lachman President, Chief Executive Officer & Director
Christopher W. Hall Chief Financial Officer
William R. Johnson Chairman
Wendy K. Behr Chief Research & Development Officer
Kirk A. Jensen Chief Operating Officer
Sector and Competitors