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Sovos Brands . Quarterly Income Statements Chart

Quarterly
 | 
Annual
 
 Gross Profit  
 Operating Profit  
 Net Income  
20210925 20211225 20220326 20220625 20220924 20221231 20230401 20230701 20230930 20231230 -33.68-17.94-2.213.5429.2845.0260.7576.49Milllion

Sovos Brands . Quarterly Income Statements Table

Quarterly
 | 
Annual
 
Unit: USD2023-12-30 2023-09-30 2023-07-01 2023-04-01 2022-12-31 2022-09-24 2022-06-25 2022-03-26 2021-12-25 2021-09-25 
            
  net sales292,051,000 257,944,000 217,635,000 252,791,000 262,098,000 208,907,000 197,433,000 209,933,000 189,244,000 178,733,000 
  cost of sales 181,451,000 146,928,000 181,979,000  147,090,000 142,410,000 156,025,000 129,752,000 128,878,000 
  gross profit 76,493,000 70,707,000 70,812,000  61,817,000 55,023,000 53,908,000 59,492,000 49,855,000 
  yoy 23.74% 28.50% 31.36%  23.99%     
  qoq 8.18% -0.15%   12.35% 2.07% -9.39% 19.33%  
  gross margin %          
  operating expenses:          
  selling, general and administrative 58,471,000 47,633,000 43,414,000  43,965,000 39,449,000 33,915,000   
  depreciation and amortization 6,039,000 6,004,000 5,980,000  7,209,000 7,200,000 7,203,000   
  impairment of goodwill          
  total operating expenses          
  operating income 11,983,000 17,070,000 21,418,000  10,643,000 -33,678,000 12,790,000 -2,106,000 11,430,000 
  yoy 12.59% -150.69% 67.46%  -6.89%     
  qoq -29.80% -20.30%   -131.60% -363.32% -707.31% -118.43%  
  operating margin %          
  interest expense 8,621,000 8,678,000 8,701,000  6,679,000 5,713,000 6,022,000 6,272,000 12,547,000 
  income before income taxes 3,362,000 8,392,000 12,717,000  3,964,000 -39,391,000 6,768,000 -8,378,000 -1,117,000 
  income tax benefit -1,936,000 -3,003,000   -2,500,000 9,106,000  4,538,000 -3,497,000 
  net income15,513,000 1,426,000 5,389,000 7,846,000 -28,687,000 1,464,000 -30,285,000 4,057,000 -3,840,000 -4,614,000 
  yoy-154.08% -2.60% -117.79% 93.39% 647.06% -131.73%     
  qoq987.87% -73.54% -31.32% -127.35% -2059.49% -104.83% -846.49% -205.65% -16.78%  
  net income margin %          
  ​          
  earnings per share:          
  basic0.16 0.01 0.05 0.08 -0.28 0.01 -0.3 0.04 -0.06 -0.06 
  diluted0.15 0.01 0.05 0.08 -0.28 0.01 -0.3 0.04 -0.06 -0.06 
  weighted-average shares outstanding:          
  basic101,303,730 101,327,970 101,265,446 101,186,223 100,917,978 100,913,121 100,897,815 100,892,547 80,616,326 74,058,447 
  diluted103,143,363 103,775,264 103,271,838 101,507,696 100,917,978 101,613,928 100,897,815 101,262,103 80,616,326 74,058,447 
  income tax   -4,871,000       
  loss on extinguishment of debt        2,429,250  
  income tax expense       -2,711,000   
  selling general, and administrative expenses        22,841,750 31,189,000 
  depreciation and amortization expenses        5,407,750 7,236,000 

We provide you with 20 years income statements for Sovos Brands . stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Sovos Brands . stock. Explore the full financial landscape of Sovos Brands . stock with our expertly curated income statements.

The information provided in this report about Sovos Brands . stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.