This table shows Sovos Brands, Inc.'s quarterly financial data. All values are USD millions unless otherwise specified.
| METRIC |
2023
2023-12-30
|
2023
2023-09-30
|
2023
2023-07-01
|
2023
2023-04-01
|
|
|---|---|---|---|---|---|
| Revenue | 292 | 258 | 218 | 253 | |
| Cost of Revenue | 210 | 181 | 147 | 182 | |
| Gross Profit | 82 | 76 | 71 | 71 | |
| Operating Expenses | 33 | 65 | 54 | 49 | |
| Operating Income | 49 | 12 | 17 | 21 | |
| Interest Expense | 17 | 9 | 9 | 9 | |
| Income Tax Expense | 7 | 2 | 3 | 5 | |
| Net Income | 16 | 1 | 5 | 8 | |
| EBITDA | 36 | 20 | 26 | 30 | |
| Basic EPS | $0.15 | $0.01 | $0.05 | $0.08 | |
| Diluted EPS | $0.15 | $0.01 | $0.05 | $0.08 | |
| METRIC |
2023
2023-12-30
|
2023
2023-09-30
|
2023
2023-07-01
|
2023
2023-04-01
|
|
|---|---|---|---|---|---|
| Operating Activities | |||||
| Cash from Operations | 34 | 36 | 17 | 17 | |
| Investing Activities | |||||
| Capital Expenditures | -5 | -4 | -1 | -2 | |
| Cash from Investing | -5 | -4 | -1 | -2 | |
| Financing Activities | |||||
| Dividends Paid | — | — | — | — | |
| Stock Repurchased | 0 | 0 | 0 | 0 | |
| Cash from Financing | -0 | -0 | -0 | -0 | |
| Free Cash Flow | 30 | 33 | 16 | 15 | |
| METRIC |
2023
2023-12-30
|
2023
2023-09-30
|
2023
2023-07-01
|
2023
2023-04-01
|
|
|---|---|---|---|---|---|
| Assets | |||||
| Cash & Equivalents | 232 | 203 | 170 | 154 | |
| Short-term Investments | 0 | 0 | 0 | 0 | |
| Accounts Receivable | 98 | 97 | 68 | 93 | |
| Inventory | 96 | 81 | 108 | 87 | |
| Total Current Assets | 433 | 387 | 354 | 346 | |
| Total Assets | 1,259 | 1,193 | 1,166 | 1,166 | |
| Liabilities | |||||
| Accounts Payable | 96 | 81 | 70 | 86 | |
| Short-term Debt | 3 | 3 | 3 | 3 | |
| Total Current Liabilities | 149 | 128 | 106 | 116 | |
| Long-term Debt | 476 | 495 | 495 | 496 | |
| Total Liabilities | 729 | 684 | 664 | 677 | |
| Shareholders' Equity | |||||
| Total Stockholders' Equity | 530 | 509 | 502 | 489 | |
| Total Debt | 499 | 499 | 499 | 499 | |
