Sovos Brands, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 30, 2023
For the full year, sales was USD 1,020.42 million compared to USD 878.37 million a year ago. Net income was USD 30.17 million compared to net loss of USD 53.45 million a year ago. Basic earnings per share from continuing operations was USD 0.3 compared to basic loss per share from continuing operations of USD 0.53 a year ago. Diluted earnings per share from continuing operations was USD 0.29 compared to diluted loss per share from continuing operations of USD 0.53 a year ago.