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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

Sovos Brands, Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsJul-01-23Apr-01-23Jun-25-22Mar-26-22Dec-25-21Sep-25-21Jun-26-21
   10-Q10-Q10-Q10-Q10-K8-K10-Q
Net sales    407.4371.8351.2351.2351.2
            Net sales growth    16.0%    
Revenue, Product and Service [Extensible Enumeration]         
Cost of sales    298.4268.2  239.8
   
Cost, Product and Service [Extensible Enumeration]         
    Gross profit    218.3213.0220.8215.7211.5
            Gross margin    53.6%57.3%62.9%61.4%60.2%
   
Operating expenses:         
Selling, general and administrative    148.2135.5135.1132.5134.6
Depreciation and amortization    14.414.4  14.4
Impairment of goodwill    42.1    
    Total operating expenses    239.6194.5194.0170.6171.6
    Operating income (loss)    -11.628.236.545.139.9
            Operating margin    -2.8%7.6%10.4%12.8%11.4%
Interest expense, net    42.636.930.9  
    Income (loss) before income taxes    -32.66.1  15.1
Income tax (expense) benefit    7.4-2.3-3.7-10.2-6.5
    Net income (loss)    -34.7-5.71.95.312.1
   
Earnings (loss) per share:         
Basic (in dollars per share)    ($0.38)($0.10)$0.02$0.08$0.17
Diluted (in dollars per share)    ($0.38)($0.10)$0.01$0.06$0.15
   
Weighted average shares outstanding:         
Basic (in shares)    89.182.475.774.174.1
Diluted (in shares)    89.282.576.475.275.8

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