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Sovos Brands, Inc. (SOVO) stock surged +0.13%, trading at $22.98 on NASDAQ, up from the previous close of $22.95. The stock opened at $22.96, fluctuating between $22.96 and $23.00 in the recent session.
Sovos Brands, Inc., through its subsidiaries, manufactures and distributes consumer food products in the United States. The company operates in two segments, Dinners & Sauces, and Breakfast & Snacks. It provides pasta sauces, dry pasta, soups, frozen entrees, yogurts, pancake and waffle mixes, other baking mixes, and frozen waffles under the Rao's, Michael Angelo's, noosa, and Birch Benders brands. The company sells its products principally to retail outlets and wholesale distributors, including traditional supermarkets, mass merchants, warehouse clubs, wholesalers, specialty food distributors, military commissaries, and non-food outlets, such as drug store chains, dollar stores, and e-commerce retailers. Sovos Brands, Inc. was founded in 1983 and is headquartered in Louisville, Colorado.
Employees | 751 |
Beta | 0.01 |
Sales or Revenue | $1.02B |
5Y Sales Change% | 1.528% |
Fiscal Year Ends | December |
Sector | Consumer Defensive |
Industry | Packaged Foods |