Sovos Brands, Inc.SOVO
Market cap
$2.3B
P/E ratio
77.6x
| Dec 25, 2021 | Dec 31, 2022 | Dec 30, 2023 | |
| Net sales | 719 | 878 | 1,020 |
| Cost of sales | 498 | 632 | 715 |
| Gross profit | 221 | 247 | 305 |
| Selling, general and administrative | 135 | 163 | 201 |
| Depreciation, Nonproduction | 29 | 29 | 24 |
| Loss on asset sale | - | -51 | - |
| Impairment of goodwill | - | 42 | - |
| Loss on extinguishment of debt | -15 | - | - |
| Forgiveness of capital advance | 5 | - | - |
| Total operating expenses | 184 | 285 | 225 |
| Operating income (loss) | 36 | -38 | 81 |
| Interest (income) | - | - | 9 |
| Interest expense | 31 | - | 43 |
| Interest expense, net | - | -28 | -34 |
| Income (loss) before income taxes | 6 | -66 | 46 |
| Income tax (expense) benefit | 4 | -13 | 16 |
| Net income (loss) | 2 | -53 | 30 |
| Earnings Per Share, Basic | 0.02 | -0.53 | 0.3 |
| Earnings Per Share, Diluted | 0.02 | -0.53 | 0.29 |