Sovos Brands Inc (SOVO) Stock
SOVO is no longer traded. Sovos Brands was acquired by Campbell (CPB) on March 12, 2024.
Each SOVO share was exchanged for $23.00 in cash. Prices on this page are historical; the last trade was March 11, 2024 at $22.98.
See Campbell (CPB) stock →Sovos Brands stock price history
SOVO final trading statistics
- Final close
- $22.98
- Final trading day
- Mar 11, 2024
- Market cap at delisting
- $2.34B
- Shares outstanding
- 101.86M
- Final 52-week range
- $13.48 – $23.00
- Avg. volume (final 3 mo.)
- 1,616,670
- All-time high (split-adj.)
- $22.98 · Mar 2024
- All-time low (split-adj.)
- $10.84 · Mar 2022
- Return since IPO
- +70.0%
- Beta
- 0.01
- Book value / share
- $5.22
- Price / book
- 4.40
Sovos Brands annual financials
| Fiscal year | Revenue | Net income | EPS |
|---|---|---|---|
| FY2023 | $1.02B | $30.2M | $0.81 |
| FY2022 | $878.37M | -$53.5M | $0.60 |
| FY2021 | $719.19M | $1.9M | $8.54 |
| FY2020 | $560.07M | $10.8M | $15.32 |
| FY2019 | $388.00M | -$27.1M | $7.20 |
Last five fiscal years reported before the delisting; fiscal year ending December. EPS is adjusted (non-GAAP) EPS as reported. Source: company filings via EODHD.
About Sovos Brands Inc
Sovos Brands, Inc., through its subsidiaries, operates as a consumer-packaged food company that manufactures, distributes, and sells consumer food products in the United States. It operates in two segments, Dinner and Sauces, and Breakfast and Snacks. The company's principal products comprise pasta sauces, dry pasta, soups, frozen entrees, frozen pizza, yogurts, pancake and waffle mixes, other baking mixes, and frozen waffles under the Rao's, Michael Angelo's, and noosa brands. It sells its products principally to retail outlets and wholesale distributors, including traditional supermarkets, mass merchants, warehouse clubs, wholesalers, specialty food distributors, and military commissaries, as well as non-food outlets, including drug store chains, dollar stores, and e-commerce retailers. Sovos Brands, Inc. was incorporated in 2017 and is headquartered in Louisville, Colorado. As of March 12, 2024, Sovos Brands, Inc. operates as a subsidiary of Campbell Soup Company.
Sovos Brands stock FAQ
What happened to Sovos Brands stock?
Sovos Brands was acquired by Campbell (CPB) on March 12, 2024. Shareholders received $23.00 in cash for each share. SOVO stock stopped trading on the Nasdaq, with a final close of $22.98 on March 11, 2024.
What did Sovos Brands shareholders receive?
Each SOVO share was converted into $23.00 in cash. The deal was valued at about $2.7 billion.
Is SOVO stock still trading?
No. SOVO was delisted from the Nasdaq on March 12, 2024 and no longer trades on a U.S. exchange.
What was the last price of SOVO stock?
SOVO closed at $22.98 on its final trading day, March 11, 2024, for a market value of about $2.34B.
What were Sovos Brands's revenue and earnings in its last full fiscal year?
Sovos Brands reported revenue of $1.02B and net income of $30.2M in fiscal 2023, its last full year as a public company.
When did Sovos Brands go public?
Sovos Brands Inc stock began trading on September 23, 2021.