Sovos Brands Inc.
SOVO-
Sovos Brands Inc soared 25% to $22.52 after the pasta sauce maker agreed to be acquired by Campbell Soup for $2.33 billion or $23 a share.
Including the debt, the purchase price is $2.7 billion and Campbell said it plans to finance part of the deal with the help of new debt.
Separately, Sovos reported organic sales in its latest quarter jumped 16.3% from a year ago.
Three months ago, Campbell Soup agreed to sell Emerald Nuts for an undisclosed amount to Flagstone Foods.
Aug 7, 2023
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| Trading Volume | 6,870,571 |
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22.98 - 21.49 |
| Market Cap Full | $ 2.3B |
Quarterly +
| 2026 | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
| Q1 | - | - | 4.3% | 16.1% |
| Q2 | - | - | - | 17.3% |
| Q3 | - | - | - | 15.3% |
| Q4 | - | - | - | -2.1% |
Monthly +
| J | F | M | A | M | J | J | A | S | O | N | D |
| 2026 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | - | - | - | - |
| 2025 | |||||||||||
| - | - | - | - | - | - | - | - | - | - | - | - |
| 2024 | |||||||||||
| 0.1 | 3.4 | 0.8 | - | - | - | - | - | - | - | - | - |
| 2023 | |||||||||||
| -5.6 | -3.6 | 27.6 | 2.8 | 10.7 | 3 | -9 | 25.8 | 0.7 | -3.7 | 0.9 | 0.6 |
| 2022 | |||||||||||
| -4.9 | -15.2 | 16.8 | 6.5 | -6.5 | 12.4 | -10.8 | 7.8 | -6.8 | -2.7 | 3.8 | -0.1 |
| 2021 | |||||||||||
| - | - | - | - | - | - | - | - | - | 16.1 | -4.7 | -2.5 |
EPS
| 2023 | 2022 | 2021 | |
|---|---|---|---|
| Q1 | 0.1 | 0 | 0.2 |
| Q2 | 0.1 | -0.3 | -0 |
| Q3 | 0 | 0 | -0.1 |
| Q4 | 0 | -0.3 | -0 |
| A | 0.14 | -0.5 | 0 |