William Blair initiated coverage of Sovos Brands with a rating of Outperform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/23/2023 | $23.00 | Overweight | Stephens |
| 5/31/2023 | $22.50 | Buy | Needham |
| 4/14/2023 | $19.00 | Buy | Stifel |
| 12/8/2022 | $17.00 → $16.00 | Buy → Neutral | UBS |
| 3/30/2022 | $16.00 | Buy | UBS |
| 11/10/2021 | $17.00 → $18.00 | Outperform | Telsey Advisory Group |
| 10/21/2021 | $16.00 | Overweight | Barclays |
| 10/18/2021 | $20.00 | Buy | Loop Capital |
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
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
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
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EFFECT - Sovos Brands, Inc. (0001856608) (Filer)
25-NSE - Sovos Brands, Inc. (0001856608) (Subject)
Stephens initiated coverage of Sovos Brands with a rating of Overweight and set a new price target of $23.00
Needham initiated coverage of Sovos Brands with a rating of Buy and set a new price target of $22.50
Stifel resumed coverage of Sovos Brands with a rating of Buy and set a new price target of $19.00
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
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
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